# SoLo Funds: Financial services, Los Angeles, United States > SoLo Funds: SoLo Funds is the largest community peer-to-peer lending platform in the United States, founded in 2018. Based in Los Angeles, United States. Source: https://millionrounds.com/startup/solo-funds (Millionrounds; every figure on the page links to its filing or article) United States · [Financial services startup](https://millionrounds.com/companies) # SoLo Funds SoLo Funds is the largest community peer-to-peer lending platform in the United States, founded in 2018. Funding reported Last round: Series A Financial services Los Angeles, United States Company summary - **Founded:** 2018 8 years old - **Team:** 72 51 to 200 people - **Funding reported:** $16M in dollars - **Last round:** Series A Feb 2021 How sure we are - ✓ **Listed** We know it exists and what it does - 2 **Funding reported** A company dataset reports a raise - 3 **Observed** A filing or a dated announcement confirms a round No round for SoLo Funds has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology) ## About SoLo Funds SoLo Funds is the largest community peer-to-peer lending platform in the United States, founded in 2018. The company aims to provide equitable access to small-dollar loans for underserved and working-class communities. Operating a community-driven financial model, SoLo allows individuals to lend to and borrow from each other directly, bypassing traditional financial institutions. Headquartered in Los Angeles, SoLo has grown significantly, reporting over 1 million registered users and facilitating more than $275 million in transactions. The platform offers loans ranging from $50 to $625, with no set interest rates or mandatory fees. Instead, borrowers can provide optional tips to lenders. SoLo also features a unique "SoLo Score" to evaluate borrowers based on cash flow and reliability, making it accessible to those with limited credit history. Additional offerings include a digital wallet, an AI-powered financial co-pilot, and a debit card for easy fund access. SoLo operates as a Certified Benefit Corporation, focusing on social and environmental impact alongside profit. ## What company datasets say SoLo Funds raised Funding, as reported Reported in all **$16M** in dollars Rounds **7** Last round **Series A** Last round size **$10M** Last round date **Feb 2021** Investors listed **5** ## Founders and team From the SEC filings it signed: 1 on the team. - **Travis Holoway** Executive Officer, Director i On the board, as filed i *Rodney Williams* ## On 11 portfolio pages Investors who name them - [100 Black Angels + Allies Fund](https://millionrounds.com/fund/100-black-angels-allies-fund) - [Backstage Capital](https://millionrounds.com/fund/backstage-capital) - [MaC Venture Capital](https://millionrounds.com/fund/mac-venture-capital) - [Serena Ventures](https://millionrounds.com/fund/serena-ventures) - [Queen City Angels](https://millionrounds.com/fund/queen-city-angels) - [Ossian Capital](https://millionrounds.com/fund/ossian-capital) - [Serac Ventures](https://millionrounds.com/fund/serac-ventures) - [Measured Capital](https://millionrounds.com/fund/measured-capital) - [Flintlock Capital](https://millionrounds.com/fund/flintlock-capital) - [Comcast](https://millionrounds.com/fund/comcast) - [Queen City Angels First Funds](https://millionrounds.com/fund/queen-city-angels-first-funds) Each firm lists SoLo Funds on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source. ## The company, in detail What they build Known for micro lending peer-to-peer marketplace transparent lending community development debit card community-driven finance impact account microfinance emergency microloans information technology & services financial services mobile app finance information technology financial literacy impact-driven Built with from their website Docker dbt CallMiner Eureka Google Ads QuickBooks Google Workspace Calendar for Jira Google Cloud Hosting AI Google Meet +8 more Firebase Twilio SendGrid Email Marketing Campaigns BASE ANGEL LMS Microsoft Exchange StatusPage IO Microsoft 365 Apps & Services Go - **Sector:** Financial services - **Industry code:** NAICS 52239, 522291, 519290 - **Region:** California - **Revenue:** $5.0M a year, as listed ## Financial services in United States Startups like it - [**Kalshi** New York · founded 2019 *Raised*](https://millionrounds.com/company/kalshi) - [**Temporal** founded 2022 *Raised*](https://millionrounds.com/company/temporal) - [**Vestwell** New York · founded 2016 *Raised*](https://millionrounds.com/company/vestwell) - [**C2FO** Kansas City · founded 2008 *Raised*](https://millionrounds.com/company/c2fo) - [**Yieldstreet** New York · founded 2015 *Raised*](https://millionrounds.com/company/yieldstreet) - [**Flutterwave** San Francisco · founded 2016 *Raised*](https://millionrounds.com/company/flutterwave) - [**Corgi** San Francisco · founded 2024 *Raised*](https://millionrounds.com/company/corgi) - [**Alpaca** San Mateo · founded 2017 *Raised*](https://millionrounds.com/company/alpaca) ## Is this your company? 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