United States · Series A startup

Who invested in Soelect

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Funding summaryUpdated 26 Oct 2026

$11Mraised across 1 round since 2022, from 1 source

Latest round
Series A, $11MFeb 2022
Investors
2
See who backed them

The rounds

  1. Feb 2022
    Series A$11M

    Source recorded

Founders and team

From Soelect's own website and the SEC filings it signed: 1 founder, 2 on the team.

Sung-Jin ChoCEO & FounderNamed on its 2020 Form D
  • Tim PriceCFO
  • Matt BaileyBoard of Director

On the board, as filediMatthew Bailey

AdvisersRyan Pratt

Everyone who backed them

Lotte VenturesVC firm1round
VentureSouthAngel network1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Soelect

Who invested in Soelect?

Soelect's investors include Lotte Ventures and VentureSouth.

How much has Soelect raised?

Soelect has raised $11M across 1 round since 2022.

When did Soelect last raise?

Soelect's most recent round was a Series A of $11M in Feb 2022.

What was Soelect's biggest round?

Its most recent round, $11M in Feb 2022, is also its largest on record.

Who backed Soelect first?

Soelect's first round on record, in Feb 2022, was backed by Lotte Ventures and VentureSouth.

What stage is Soelect at?

Soelect's latest named round is a Series A, in Feb 2022.

Where is Soelect based?

Soelect is based in the United States.

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