Solera Corp.

General Information
Business:

We are the leading global provider of SaaS solutions to the vehicle lifecycle ecosystem, providing asset intelligence that accelerates business success for our customers. (Note: SaaS stands for Software as a Service.) (Incorporated in Delaware)

We have achieved our leadership position through decades of solving mission-critical business challenges facing our over 280,000 customers that operate in more than 120 countries across six continents.

We believe we are the premier platform in automotive vertical software. Our AI-powered software, proprietary datasets, and powerful innovation engine deliver intelligent solutions to our clients. We provide solutions through four comprehensive SaaS platforms: Vehicle Claims, Vehicle Repair, Vehicle Solutions, and Fleet Solutions. Our platforms help automate business-critical workflows related to claims processing, vehicle diagnostics and parts management, dealer management, and commercial fleet management.

Note: Net loss and revenue are for the year that ended March 31, 2024.

(Note: Solera Corp. filed its S-1 on June 28, 2024, without disclosing terms for its IPO. Estimated IPO proceeds of $100 million are just a placeholder figure. Background: Solera filed confidential IPO documents with the SEC on Sept. 17, 2021.) 

 

 

Industry: SOFTWARE
Employees: 7500
Founded: 2005
Contact Information
Address 1500 Solana Blvd., Building #6, Suite 6300, Westlake, TX 76262
Phone Number (817) - 961-2100
Web Address http://www.solera.com/
View Prospectus: Solera Corp.
Financial Information
Market Cap
Revenues $2444.15 mil (last 12 months)
Net Income $-471.57 mil (last 12 months)
IPO Profile
Symbol SLRA
Exchange NYSE
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $100.0 mil
Manager / Joint Managers Goldman Sachs/ Morgan Stanley/BofA Securities/ Jefferies/Citigroup/RBC Capital Markets
CO-Managers Baird/BMO Capital Markets/Piper Sandler/Rothschild & Co./Stifel/William Blair/Wolfe | Nomura Alliance/ KKR/ Macquarie Capital/ Needham & Company
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change