---
title: Sola Closes $8M Series A to Build the First Vertically Integrated Insurance Company
description: "\"Discover how Sola's $8M Series A funding, led by FINTOP Capital and JAM FINTOP, is revolutionizing the property insurance sector with innovative technology and impressive growth. Read more here.\""
image: https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg
---

 1 min read

# Sola Closes $8M Series A to Build the First Vertically Integrated Insurance Company

[![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hubfs/insurance_nerds_logo.png) Insurance Nerds Editorial Team ](https://insnerds.com/news/author/insurance-nerds-editorial-team) :  Aug 29, 2025 9:36:41 AM

![Sola Closes $8M Series A to Build the First Vertically Integrated Insurance Company](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg)

### Sola Secures $8M in Series A Funding

Sola, an insurtech company focused on transforming the property insurance landscape, has successfully raised $8 million in a Series A funding round. This boost brings their total funding to $11.7 million. The round was led by FINTOP Capital and JAM FINTOP, with additional participation from 10vc and Georgia Tech.

### Company Growth and Achievements

Since securing its seed funding last year, Sola has experienced impressive growth, with revenue increasing by seven times. The company has also launched its flagship wind and hail insurance program and gained status as a coverholder for Lloyd’s of London.

### Impact on the Insurance Industry

Sola aims to make property insurance more affordable and consistent, addressing a significant pain point in the market. By integrating technology into their offerings, they hope to create a smoother and more efficient insurance process for consumers and businesses alike.

### Key Players Involved

The participation of notable investors like FINTOP Capital, JAM FINTOP, and 10vc highlights the confidence in Sola’s business model and growth potential. Additionally, their partnership with Georgia Tech could facilitate innovation and technological advancements in their services.

Overall, Sola's latest funding round and rapid growth signal a renewed focus on modernization within the property insurance sector. As they continue to develop their offerings, stakeholders in the industry will be watching closely.

Original Source: [https://financialit.net/news/fundraising-news/sola-closes-8m-series-build-first-vertically-integrated-insurance-company](https://financialit.net/news/fundraising-news/sola-closes-8m-series-build-first-vertically-integrated-insurance-company)

- [Tweet](https://twitter.com/share)

[![Exclusive: Insurtech Startup Inclined Raises $8M For Offering That Was ‘Historically Reserved For The Wealthy’](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg) ](https://insnerds.com/news/exclusive-insurtech-startup-inclined-raises-8m-for-offering-that-was-historically-reserved-for-the-wealthy)

#### [Exclusive: Insurtech Startup Inclined Raises $8M For Offering That Was ‘Historically Reserved For The Wealthy’](https://insnerds.com/news/exclusive-insurtech-startup-inclined-raises-8m-for-offering-that-was-historically-reserved-for-the-wealthy)

![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hs-fs/hubfs/insurance_nerds_logo.png?width=30&name=insurance_nerds_logo.png) [Insurance Nerds Editorial Team](https://insnerds.com/news/author/insurance-nerds-editorial-team) : Aug 12, 2025 10:14:21 AM

Inclined Technologies Secures $8 Million in Funding Inclined Technologies, a fintech startup specializing in lending against whole life insurance...

[Read More](https://insnerds.com/news/exclusive-insurtech-startup-inclined-raises-8m-for-offering-that-was-historically-reserved-for-the-wealthy)

[![Mena Insurtech, Fintech summits see five startups pitch transformative solutions before regional investors](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg) ](https://insnerds.com/news/mena-insurtech-fintech-summits-five-startups-pitch-transformative-solutions-regional-investors)

#### [Mena Insurtech, Fintech summits see five startups pitch transformative solutions before regional investors](https://insnerds.com/news/mena-insurtech-fintech-summits-five-startups-pitch-transformative-solutions-regional-investors)

![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hs-fs/hubfs/insurance_nerds_logo.png?width=30&name=insurance_nerds_logo.png) [Insurance Nerds Editorial Team](https://insnerds.com/news/author/insurance-nerds-editorial-team) : May 13, 2025 6:53:39 PM

Overview of the Mena Insurtech and Fintech Summits The recent Mena Insurtech Summit and the inaugural Mena Fintech Summit 2025 wrapped up, showcasing...

[Read More](https://insnerds.com/news/mena-insurtech-fintech-summits-five-startups-pitch-transformative-solutions-regional-investors)

[![RevTech Labs Class 22 to Showcase Cutting-Edge Innovation at Fintech + Insurtech Generations](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg) ](https://insnerds.com/news/revtech-labs-class-22-to-showcase-cutting-edge-innovation-at-fintech-insurtech-generations)

#### [RevTech Labs Class 22 to Showcase Cutting-Edge Innovation at Fintech + Insurtech Generations](https://insnerds.com/news/revtech-labs-class-22-to-showcase-cutting-edge-innovation-at-fintech-insurtech-generations)

![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hs-fs/hubfs/insurance_nerds_logo.png?width=30&name=insurance_nerds_logo.png) [Insurance Nerds Editorial Team](https://insnerds.com/news/author/insurance-nerds-editorial-team) : Apr 14, 2025 5:04:49 AM

RevTech Labs Launches New Accelerator Cohort RevTech Labs has announced the kickoff of its 22nd accelerator program, showcasing a diverse cohort of...

[Read More](https://insnerds.com/news/revtech-labs-class-22-to-showcase-cutting-edge-innovation-at-fintech-insurtech-generations) 

![](https://px.ads.linkedin.com/collect/?pid=7110236&fmt=gif)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Insurance Nerds Editorial Team",
    "url" : "https://insnerds.com/news/author/insurance-nerds-editorial-team"
  },
  "datePublished" : "2025-08-29T13:36:41.000Z",
  "headline" : "Sola Closes $8M Series A to Build the First Vertically Integrated Insurance Company",
  "image" : [ "https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg" ],
  "mainEntityOfPage" : {
    "@id" : "https://insnerds.com/news/sola-closes-8m-series-a-to-build-the-first-vertically-integrated-insurance-company",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "url" : "https://insnerds.com/hubfs/InsNerds%20Large%20print%20quality.png"
    },
    "name" : "Insurance Nerds"
  }
}
```