Assertion Supported AI assessment confidence: 98% certainty 5/5 debate potential 1/5

Solides raised a $100M Series B funding round

Alessandro Garcia · Rippling of Brazil Solides Hit $35m ARR up from $15m ARR and Raised $100m at a $800m Valuation · Apr 7, 2023 · at 4:36

Alessandro Garcia, founder and CEO of Brazilian HR tech platform Solides, confirms the size of the company's Series B venture capital financing.

0:00 / 0:03exact quote · 3.7s

720p mp4 · rendered on demand · StarZero watermark

“Yes, from a wall of people, a hundred million dollars.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Solides raised a $100 million Series B funding round.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

Official company announcements, investor portfolio listings, venture capital databases (PitchBook, Tracxn), and independent reporting confirm that Sólides completed a Series B funding round of R$530 million (approximately $100 million USD) led by Warburg Pincus on February 17, 2022, prior to the podcast statement.

Sólides press release (February 17, 2022) announced a R$530 million (~$100M USD) Series B funding round led by Warburg Pincus.
Warburg Pincus official active portfolio lists Sólides with an investment date of 2022.
PitchBook and Tracxn VC database records confirm a $100 million Series B round completed on February 17, 2022.

Checked against

[1] warburgpincus.com [2] warburgpincus.com [3] pitchbook.com [4] tracxn.com [5] tracxn.com [6] privateequitywire.co.uk [7] altassets.net

Solides 530 million Warburg Pincus funding round Solides Series B funding 100 million Solides Series B round 2022

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

Solides Warburg Pincus

⚑ Spot an error? Report it

More from Alessandro Garcia

Opinion

Garcia: Solides is the only SMB HR software player in Brazil

“Today we don't have other players providing HR software for small video companies in Brazil. In the US you have a Bumble HR and other players, but here we are playing this game alone.”

Alessandro Garcia Apr 7, 2023 ▶ 6:55 Rippling of Brazil Solides Hit $35m ARR up from $15m ARR and Raised $100m at a $800m Valuation

Opinion

Garcia: No other company globally uses behavioral algorithms beyond hiring

“I believe no one in the world is using behavior algorithm to make that. It's only to see how people works in hiring process.”

Alessandro Garcia Aug 29, 2019 ▶ 4:57 1496 Employee Engagement Platform in Brazil Passes $1.8M ARR, Raising $3m on $10m Pre

Assertion Not checkable as stated

Garcia: Solides avoids underwater stock option issues due to revenue growth

“Today we not have this problem, even with the, this lower of the multiples in, in valuations because we grew a lot since from them. So we don't have to deal with this problem. We have a lot of problems, but not this.”

Alessandro Garcia Apr 7, 2023 ▶ 12:26 Rippling of Brazil Solides Hit $35m ARR up from $15m ARR and Raised $100m at a $800m Valuation

Prediction Not checkable as stated

Garcia: Solides expects to double revenue to $60M ARR in 2023

“Our expectation is to double again.”

Alessandro Garcia Apr 7, 2023 ▶ 13:55 Rippling of Brazil Solides Hit $35m ARR up from $15m ARR and Raised $100m at a $800m Valuation

Assertion Supported

Garcia: Brazilian SaaS startups average a 6x ARR valuation multiple

“We are looking the market here in Brazil, they are paying six times in average of the ARR.”

Alessandro Garcia Aug 29, 2019 ▶ 11:48 1496 Employee Engagement Platform in Brazil Passes $1.8M ARR, Raising $3m on $10m Pre

Assertion Not checkable as stated

Garcia: Solides has almost 20,000 paying business subscribers

“We have almost 20,000 companies as subscribers”

Alessandro Garcia Apr 7, 2023 ▶ 1:57 Rippling of Brazil Solides Hit $35m ARR up from $15m ARR and Raised $100m at a $800m Valuation

Solides raised a $100M Series B funding round

More from Alessandro Garcia

Turn any episode into a week of clips.