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

Solink Overview

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

CanadaOttawa

Website

solink.com

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

Solink funding rounds
DateStageInvestorsRaisedDeal Summary
Oct 2026Undisclosed stageVERTU Capital (lead); Comcast Ventures; Goldman Sachs; Golub Growth$100MSolink, 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 2023Series CGoldman Sachs (lead); OMERS Ventures; Business Development Bank of Canada$60MSolink 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 2020Series BOMERS Ventures (lead); ScaleUP Ventures; Valor Equity Partners; Business Development Bank of Canada$17M-
Jan 2019Series AValor Equity Partners (lead); ScaleUP Ventures; Generation Ventures; Business Development Bank of Canada$12M-
Nov 2017Series AGeneration Ventures (lead); Tom Williams; ScaleUP Ventures; Heron Rock Fund; Hedgewood; Valor Equity Partners; Business Development Bank of Canada$5MSolink 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

Investors in Solink by funding rounds participated
InvestorHQRoundsRoleFirst check
Business Development Bank of CanadaCanadaMontreal4ParticipantNov 2017
ScaleUP VenturesCanadaToronto3ParticipantNov 2017
Valor Equity PartnersUnited StatesChicago, IL3LeadNov 2017
Generation VenturesUnited StatesSan Francisco, CA2LeadNov 2017
Goldman SachsUnited StatesNew York City, NY2LeadJul 2023
OMERS VenturesCanadaToronto2LeadJun 2020
Tom WilliamsUnited StatesSan Francisco, CA1ParticipantNov 2017
Heron Rock FundCanadaOttawa1ParticipantNov 2017
Comcast VenturesUnited StatesSan Francisco, CA1ParticipantOct 2026
HedgewoodCanadaToronto1ParticipantNov 2017

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Solink Competitors

Solink competitors include listed companies like Toast and Agilysys, and private ones like Replit, commercetools, Swiftly and Chowbus.

Public and private companies comparable to Solink
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ReplitUnited StatesSan Francisco, CAPrivate$150M-$9B-
commercetoolsGermanyMunichPrivate$150M-$1.9B12.7x
SwiftlyUnited StatesSeattle, WAPrivate--$1B-
ToastUnited StatesUnited StatesPublicly listed$6.2B$359M$20B2.5x
ChowbusUnited StatesChicago, ILPrivate$120M-$4.2B35.0x
AgilysysUnited StatesUnited StatesPublicly listed$319M$57M$3.4B9.3x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Microsoft$332B$205B11.9x11.1x19.2x18.2x
Alphabet$403B$176B8.4x7.0x19.2x15.3x
Amazon$717B$161B4.1x3.6x18.4x14.1x
Cisco$63B$19B6.1x5.8x20.0x15.1x
Oracle$67B$33B7.2x6.3x14.9x11.1x
Alibaba Group$154B$15B1.7x1.6x17.4x12.0x
IBM$68B$17B4.3x4.1x17.3x14.5x
Dell$114B$12B2.0x1.3x20.0x10.9x

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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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