sola.ai

Sola.ai is an AI-native process automation platform that enables enterprises to automate workflows using intelligent, agentic bots. Founded in 2023 by CEO Jessica Wu and CTO Neil Deshmukh, the company is headquartered in Jersey City, New Jersey. The founders, both with backgrounds in computer science from MIT, were motivated by their firsthand experiences with the shortcomings of legacy Robotic Process Automation (RPA) tools in finance and healthcare. Wu's experience spans quantitative research and trading at firms like Citadel and Goldentree, while Deshmukh's background includes research in computer vision and large language models at the MIT-IBM Watson AI Lab.

Sola.ai's platform is designed to replace manual, repetitive back-office operations such as data entry, claims processing, and compliance reviews. It differentiates itself from traditional RPA by using a no-code, AI-driven approach. Users can record a process once on their screen, and the platform uses a combination of Large Language Models (LLMs) and computer vision to generate an adaptive AI agent, or bot, that can execute the task. These bots are designed to be resilient, self-healing, and capable of adapting to changes in user interfaces, which reduces the brittleness common in older RPA systems. The platform features a visual workflow editor, allowing non-technical business users to build, manage, and monitor automations without needing specialized programming skills.

The company targets a wide range of industries including banking, financial services, insurance (BFSI), healthcare, logistics, legal, and manufacturing. Its business model allows for rapid deployment, enabling clients to see a return on investment in days rather than months. Sola.ai operates in a competitive market against established players like UiPath and Automation Anywhere but focuses on accessibility for non-engineers and integration with legacy systems that lack APIs. The startup has secured a total of $21 million in funding, including a $3.5 million seed round led by Conviction and a $17.5 million Series A round led by Andreessen Horowitz (a16z), with participation from Y Combinator. This capital is being used to expand its engineering teams and scale its go-to-market strategy.

Keywords: agentic process automation, AI-native automation, robotic process automation, no-code platform, workflow automation, large language models, computer vision, enterprise software, back-office automation, intelligent agents, financial services automation, healthcare automation, legal tech, compliance automation, data entry automation, business process outsourcing, BPO disruption, citizen development, adaptive automation, self-healing bots