Solo Analysis
What is Solo?
Solo provides automated software to assist individuals in managing debt disputes, including responding to lawsuits and negotiating settlements outside of court.
Employees
6
Founded
2018
Revenue
$0-5M
Company Stage
Series A
Investors
- BankTech Ventures
YC Batch
W21
Product Features & Capabilities
- Debt Answer: automated software for responding to debt lawsuits, attorney review and filing service, SoloSettle: assistance in negotiating debt settlements outside of court, automated offer drafting, only pay if a settlement is reached.
Who are the founders of Solo
GS
George Simons
Founder
Company Pricing
- SoloSettle charges a fee of 19% of the face value of the debt.
- For example, if the debt is $5,000, the fee would be $950, paid upon settlement.
- It is free to get started on SoloSettle; payment is only required once a settlement amount is agreed upon.
