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- Solink
Solink Funding, Investors & Competitors
Solink has raised $194M across 5 funding rounds, most recently a $100M undisclosed-stage round in October 2026.
Last Solink funding round
$100M
Undisclosed stage · Oct 2026
Cumulative funding Solink raised
$194M
across 5 funding rounds
Key investors in Solink
Business Development Bank of Canada
Valor Equity Partners
ScaleUP Ventures
Goldman Sachs
OMERS Ventures
Generation Ventures
Comcast Ventures
Tom Williams
About Solink
Solink is a Provo, Utah-headquartered security platform integrating video surveillance with POS data for loss prevention. Its cloud system analyzes transactions and footage to detect fraud in real-time, serving over 5,000 retail and restaurant locations across North America. Solink partners with chains like Dutch Bros and Topgolf for operational insights.
Founded
2009
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Solink Funding History
Solink has raised a total of $194M across 5 funding rounds.
Solink's first fundraising round was a $5M Series A in November 2017. The most recent completed round was a $100M undisclosed-stage round in October 2026.
Solink funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Oct 2026 | Undisclosed stage | VERTU Capital (lead); Comcast Ventures; Goldman Sachs; Golub Growth | $100M | Solink, the Ottawa-based AI vision intelligence company, announced more than USD 100 million of new funding on 29 October 2026, led by Toronto private equity firm Vertu Capital. Growth Equity at Goldman Sachs Alternatives, an existing investor, made a material participation, and Golub Growth and Comcast Ventures joined as new investors. Solink did not disclose a valuation. Its chief executive told BetaKit the amount may be a small rounding error from the announced USD 100 million. The company said it will expand its platform and AI capabilities, pursue strategic opportunities and continue product development. The previous round was a USD 60 million Series C in July 2023 led by Goldman Sachs' asset management arm. Solink was started in Ottawa in 2009 and converts video from existing cameras into operational data for retailers, restaurants, warehouses and other physical businesses, helping them reduce loss, improve safety and raise revenue. It reports more than 35,000 locations across over 50 countries. |
| Jul 2023 | Series C | Goldman Sachs (lead); OMERS Ventures; Business Development Bank of Canada | $60M | Solink is an Ottawa-based physical security software company providing cloud-native video management systems (VMS) that make security camera footage searchable and accessible in the cloud. The platform serves over 18,000 customer locations across multiple verticals including retail, restaurants, financial services, healthcare, hospitality, manufacturing, logistics, property management, and education, with major customers including Tim Hortons, The Container Store, PGA TOUR Superstore, Five Guys, and Carl's Jr. In July 2023, Solink closed a $60 million USD Series C funding round led by Goldman Sachs Asset Management's Growth Equity business, with participation from existing investors OMERS Ventures and BDC IT Ventures. The round also included secondary capital from early investors taking partial exits. CEO Michael Matta indicated the valuation was higher than the Series B round (raised in 2020 at $23 million CAD) but declined to publicly disclose the post-money valuation figure. The company planned to use proceeds for product development focused on AI-native solutions, expansion of go-to-market efforts, and geographic expansion, having recently opened an office in the United Kingdom. With 230 employees and approximately 1,800 customers across 29 countries at the time of the round, Solink management signaled ambitions toward a future IPO and expressed confidence in capturing the market shift to cloud-based physical security solutions. |
| Jun 2020 | Series B | OMERS Ventures (lead); ScaleUP Ventures; Valor Equity Partners; Business Development Bank of Canada | $17M | - |
| Jan 2019 | Series A | Valor Equity Partners (lead); ScaleUP Ventures; Generation Ventures; Business Development Bank of Canada | $12M | - |
| Nov 2017 | Series A | Generation Ventures (lead); Tom Williams; ScaleUP Ventures; Heron Rock Fund; Hedgewood; Valor Equity Partners; Business Development Bank of Canada | $5M | Solink is a cloud-based security platform that captures and audits video and transactional data to proactively reduce fraud. The company's software-based solution seamlessly integrates with existing cameras and point-of-sale systems to protect quick-service restaurants, retail stores, and financial institutions, using AI and data analytics to identify suspicious behavior. In November 2017, Solink closed $5 million in funding led by Generation Ventures, with participation from ScaleUp Ventures, BDC IT Venture Fund, and Valor Equity Partners. The company had launched in 2016 and was growing rapidly with a global customer base. Solink's platform removes the need for proprietary hardware like DVRs and operates on a monthly subscription model, allowing businesses to collect, analyze, investigate, and manage their security data through mobile and desktop interfaces. |
Who has invested in Solink?
12 investors have backed Solink across its funding rounds, including Business Development Bank of Canada, Valor Equity Partners, ScaleUP Ventures, Goldman Sachs, OMERS Ventures and Generation Ventures.
Lead investors include VERTU Capital, Goldman Sachs, OMERS Ventures, Valor Equity Partners and Generation Ventures.
Solink Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Participant | Nov 2017 | ||
| 3 | Participant | Nov 2017 | ||
| 3 | Lead | Nov 2017 | ||
| 2 | Lead | Nov 2017 | ||
| 2 | Lead | Jul 2023 | ||
| 2 | Lead | Jun 2020 | ||
| 1 | Participant | Nov 2017 | ||
| 1 | Participant | Nov 2017 | ||
| 1 | Participant | Oct 2026 | ||
| 1 | Participant | Nov 2017 | ||
This data is available for Pro users. Sign up to see all 12 Solink investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialSolink Competitors
Solink competitors include listed companies like Toast and Agilysys, and private ones like Replit, commercetools, Swiftly and Chowbus.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $150M | - | $9B | - | ||
| Private | $150M | - | $1.9B | 12.7x | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $6.2B | $359M | $20B | 2.5x | ||
| Private | $120M | - | $4.2B | 35.0x | ||
| Publicly listed | $319M | $57M | $3.4B | 9.3x |
Solink Public Comps
Solink is still privately-owned, but its public comps include Microsoft, Alphabet, Amazon, Cisco, Oracle, Alibaba Group, IBM, Dell, ServiceNow and Cloudflare.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $332B | $205B | 11.9x | 11.1x | 19.2x | 18.2x | |||
| $403B | $176B | 8.4x | 7.0x | 19.2x | 15.3x | |||
| $717B | $161B | 4.1x | 3.6x | 18.4x | 14.1x | |||
| $63B | $19B | 6.1x | 5.8x | 20.0x | 15.1x | |||
| $67B | $33B | 7.2x | 6.3x | 14.9x | 11.1x | |||
| $154B | $15B | 1.7x | 1.6x | 17.4x | 12.0x | |||
| $68B | $17B | 4.3x | 4.1x | 17.3x | 14.5x | |||
| $114B | $12B | 2.0x | 1.3x | 20.0x | 10.9x | |||
This data is available for Pro users. Sign up to see all Solink competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Solink
| When was Solink founded? | Solink was founded in 2009. |
| Where is Solink headquartered? | Solink is headquartered in Ottawa, Canada. |
| Is Solink publicly listed? | No, Solink is a private, VC-backed company. |
| How much funding has Solink raised? | Solink has raised $194M across 5 funding rounds. |
| What was Solink's last funding round? | Solink's last funding round was a $100M undisclosed-stage round in October 2026, led by VERTU Capital. |
| Who are Solink's investors? | Solink's investors include Business Development Bank of Canada, ScaleUP Ventures, Valor Equity Partners, Generation Ventures, Goldman Sachs, OMERS Ventures, Tom Williams, Heron Rock Fund, Comcast Ventures, Hedgewood and 2 others. |
| Which companies are comparable to Solink? | Companies comparable to Solink include Replit, commercetools, Swiftly, Toast, Chowbus and Agilysys. |
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