Key Takeaways
- • Ottawa-based Solink announced on October 29, 2026 that it raised more than $100 million led by Vertu Capital, with material participation from existing investor Growth Equity at Goldman Sachs Alternatives and new investors Golub Growth and Comcast Ventures.
- • Proceeds will fund Solink's expansion into AI Vision Intelligence, which turns existing security cameras into real-time business intelligence, and an aggressive AI product roadmap.
- • Solink reports more than 35,000 customer locations in 65 countries and 500,000 cameras under management across retail, restaurant, and warehouse environments.
- • The round follows a $60 million Series C announced July 25, 2023, led by the growth equity business of Goldman Sachs Asset Management.
Summary
Ottawa-based Solink announced on October 29, 2026 that it has raised more than $100 million in new funding led by Vertu Capital. Existing investor Growth Equity at Goldman Sachs Alternatives provided material participation, and Golub Growth and Comcast Ventures joined as new investors. According to the announcement, the capital will accelerate Solink's expansion into AI Vision Intelligence, which brings AI-powered insights to the operations of physical businesses, and will fund what the company describes as an aggressive AI roadmap. Solink says it believes AI Vision Intelligence will define the next trillion-dollar software category.
Co-founder and CEO Mike Matta said the funding will help businesses reduce loss, improve performance, and identify new revenue opportunities using cameras they already have, across functions ranging from readiness and safety to merchandising and operations. The platform converts existing security cameras into real-time business intelligence across retail locations, restaurants, warehouses, and other physical environments. Solink reports more than 35,000 customer locations in 65 countries using the platform, with 500,000 cameras under management. Named customer outcomes on the company's round page include a 78% decrease in drive-offs and a 28% increase in average ticket value at Take 5 Oil Change, as reported by Amy Hine, vice president of operations excellence.
Vertu Capital, described as a private equity firm investing in enterprise software and AI-driven technology companies with offices in Toronto and Montreal, leads the round. Partner Eric Kafka said AI vision intelligence represents one of the most significant opportunities in software today. Mike Reilly, managing director in Growth Equity at Goldman Sachs Alternatives, said Solink has consistently demonstrated its ability to execute while expanding its market opportunity since the firm's initial investment. Per the announcement, Goldman Sachs had approximately $4.0 trillion in assets under supervision as of June 30, 2026, and its alternatives business oversees more than $706 billion. Growth Equity at Goldman Sachs Alternatives has invested more than $19 billion in companies since 2003.
The round follows Solink's $60 million Series C, announced July 25, 2023 and led by the growth equity business within Goldman Sachs Asset Management, with participation from OMERS Ventures and BDC IT Ventures. At that time, Solink reported more than 18,000 customer locations across 15 countries, and named Tim Hortons, The Container Store, and PGA TOUR Superstore among its customers.
Co-founder and CEO Mike Matta said the funding will help businesses reduce loss, improve performance, and identify new revenue opportunities using cameras they already have, across functions ranging from readiness and safety to merchandising and operations. The platform converts existing security cameras into real-time business intelligence across retail locations, restaurants, warehouses, and other physical environments. Solink reports more than 35,000 customer locations in 65 countries using the platform, with 500,000 cameras under management. Named customer outcomes on the company's round page include a 78% decrease in drive-offs and a 28% increase in average ticket value at Take 5 Oil Change, as reported by Amy Hine, vice president of operations excellence.
Vertu Capital, described as a private equity firm investing in enterprise software and AI-driven technology companies with offices in Toronto and Montreal, leads the round. Partner Eric Kafka said AI vision intelligence represents one of the most significant opportunities in software today. Mike Reilly, managing director in Growth Equity at Goldman Sachs Alternatives, said Solink has consistently demonstrated its ability to execute while expanding its market opportunity since the firm's initial investment. Per the announcement, Goldman Sachs had approximately $4.0 trillion in assets under supervision as of June 30, 2026, and its alternatives business oversees more than $706 billion. Growth Equity at Goldman Sachs Alternatives has invested more than $19 billion in companies since 2003.
The round follows Solink's $60 million Series C, announced July 25, 2023 and led by the growth equity business within Goldman Sachs Asset Management, with participation from OMERS Ventures and BDC IT Ventures. At that time, Solink reported more than 18,000 customer locations across 15 countries, and named Tim Hortons, The Container Store, and PGA TOUR Superstore among its customers.
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