Sola Insurance Secures $8M Series A: Reshaping Property Protection with Data

September 5, 2025, 3:37 pm
Lloyd's
Lloyd's
BrokerCommerceCorporateIndustryInsurTechITMarketMarketplaceServiceSpecialty
Location: United Kingdom, England, London
Employees: 1001-5000
Founded date: 1688
Sola
Sola
ClimateTechDataAnalyticsFinTechInsurTechPropertyInsurance
Location: United States
Employees: 1-10
Founded date: 2020
Total raised: $8M
Sola Insurance, an Atlanta insurtech innovator, closed an $8M Series A funding round. This capital propels its mission to revolutionize property insurance. Sola employs objective, data-driven analytics. It ensures rapid, fair payouts for homeowners. The company sidesteps outdated subjective claim processes. This approach delivers affordability and transparency. The investment fuels significant growth. Sola plans to achieve eight-figure revenue. It will expand its expert sales and product teams. It also aims to extend its crucial wind and hail coverage to more communities. Sola disrupts a market burdened by rising climate risks and traditional carrier limitations. It offers a resilient, vertically integrated solution. This strategy positions Sola as a leader. It provides a superior, trustworthy insurance experience for the modern homeowner. Investor confidence is high. Sola reshapes the future of property protection.

Sola Insurance, an Atlanta-based insurtech pioneer, has dramatically reshaped the property insurance landscape. The company recently announced an $8 million Series A funding round. This significant investment validates Sola’s disruptive model. It marks a pivotal moment for homeowners seeking reliable coverage. The capital infusion pushes Sola’s total funding to $11.7 million. This signals strong investor confidence.

The funding round saw leadership from FINTOP Capital and JAM FINTOP. Additional support came from 10vc and Georgia Tech. These strategic partners recognize Sola’s innovative edge. Their backing fuels a clear vision. Sola aims to redefine property insurance. It focuses on affordability, consistency, and transparency.

Traditional property insurance often falls short. Subjective claims processes cause delays. They breed disputes. Outcomes for policyholders vary wildly. This system frustrates homeowners. It leaves them vulnerable during critical times. Sola identifies these fundamental flaws. It builds a superior alternative.

Sola’s approach is different. It relies on objective data. Verified weather events trigger payouts. Geospatial analytics confirm damages. This eliminates human bias. It speeds up the claims process. Homeowners receive support faster. This efficiency reduces friction. It builds trust.

Climate change intensifies weather events. Wind and hail damage costs soar. Traditional carriers respond with higher premiums. Deductibles also increase. Homeowners face tough choices. Many find coverage unaffordable. Sola provides a compelling solution. Its data-driven model offers resilience. It keeps premiums affordable. This is true even after a significant claim or severe storm.

The company's rapid growth proves its model works. Since its seed round, Sola’s revenue grew sevenfold. This explosive growth demonstrates market demand. It highlights operational excellence. Sola also launched its flagship wind and hail program. This specialized coverage addresses a critical need.

Becoming a Lloyd’s of London coverholder further elevates Sola’s status. This is a rare and prestigious endorsement. It signifies robust underwriting. It confirms financial stability. It showcases a commitment to international standards. This achievement boosts confidence among agents and policyholders.

Sola’s vision extends beyond simple policy adjustment. The company reimagines the entire insurance stack. It focuses on vertical integration. This means owning every step. Policy design, risk modeling, claims handling, and internal tooling are all under Sola’s control. This eliminates third-party dependencies. It streamlines operations. The result is a seamless, stress-free experience. Customers and agents both benefit.

The capital from this Series A round has clear objectives. Sola plans to scale operations dramatically. It targets eight figures in revenue. This ambitious goal reflects market potential. It shows the company's aggressive growth strategy. Expanding sales and product teams is also crucial. Sola seeks top talent. These additions will enhance its offerings. They will broaden market reach.

Bringing coverage to more homeowners is a core mission. Sola identifies communities in need. It expands its geographic footprint. This helps homeowners facing rising costs. It protects those in climate-vulnerable areas. The company's growing waitlist of insurance agencies underscores its appeal. Agents seek innovative products. They want to offer better options. Sola delivers exactly that.

Sola’s impact resonates deeply. It's not just about technology. It's about empathy. Homeowners dealing with damage need clarity. They need speed. They need unwavering support. Sola provides this vital reassurance. Its model is designed for efficiency. It is also designed for human understanding.

The insurtech market is competitive. Many companies tweak existing systems. Sola starts fresh. It rebuilds from the ground up. This bold approach defines its identity. It positions Sola as a true innovator. Its commitment to objective data sets a new industry standard.

Sola Insurance is more than an insurance provider. It's a technology company. It's a disruptor. It’s a solution for the modern age. The $8 million funding round accelerates its journey. It solidifies its position. Sola will continue to lead. It will transform property insurance. It will deliver on its promise of affordable, consistent, and data-driven protection. The future of property insurance looks different. It looks like Sola.