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Solstice raises $21M in Series A led by Transformation Capital to enhance pharma commercialization and cut marketing review cycles to under 48 hours.

RECENTLY ACQUIREDMay 28, 2026•2 months ago

Amount Raised

$21 Million

Round Type

Series A

Mountain ViewInformation Technology

Investors

Virtue VenturesTwelve BelowTransformation Capital

Description

Solstice has raised $21 million in Series A funding led by Transformation Capital, with participation from Twelve Below, Virtue Ventures, and others. This investment will support go-to-market expansion and boost product development. The funding aims to significantly reduce the time it takes to bring marketing campaigns to market in the pharma industry. Solstice's innovative approach is poised to transform the way biopharma companies approach commercialization.

Company Information

Company

Solstice

Location

704 CALDERON AVENUE

Mountain View, California, United States

About

This news release contains certain forward-looking statements (“FLS”) including but not limited to, the terms of the Offering, the use of proceeds of the Offering, the timing of closing the Offering, the potential increase of the amount of the Offering, and the Company obtaining all necessary regulatory approvals for the Offering including the approval of the TSXV. Solstice has approximately 152 million shares outstanding. Solstice is a gold-focused exploration company with high-quality, district scale projects in established mining regions of Canada.

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Strategic

ML-powered predictions for Solstice's next move

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Funding Insights

Based on industry data

Typical timeline to Series B

Series A companies typically raise their next round in 10-18 months

Monthly burn rate benchmark

47% of Series A startups spend $400k or more per month on operations

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech