Solink Announces Over $100 Million in New Funding Led by Vertu Capital

Solink, an Ottawa-based developer of AI vision intelligence software, announced on October 29, 2026 that it has raised more than $100 million in new funding led by Vertu Capital, a private equity firm with offices in Toronto and Montreal.

Existing investor Growth Equity at Goldman Sachs (GS ) Alternatives made what the company described as a material participation in the round, and new investors Golub Growth and Comcast Ventures also participated. Solink said the capital will fund its AI roadmap, accelerate growth through strategic opportunities, and expand its AI Vision Intelligence platform while it maintains service standards for customers. The company characterized AI vision intelligence as what it believes will be the next trillion-dollar software category.

Solink’s platform connects to security cameras already installed at customer sites and converts video into data that businesses can act on across retail locations, restaurants, warehouses, and other physical environments. The company reports more than 35,000 customer locations in 65 countries, with 500,000 cameras under management, and says the platform proactively surfaces events intended to drive revenue, reduce loss, and improve safety.

“We’re entering a watershed moment for how physical businesses operate, as AI Vision Intelligence brings the richness and immediacy of digital data into the physical world,” said Mike Matta, co-founder and CEO of Solink. Matta said the new funding will help businesses reduce loss, improve performance, and uncover new revenue opportunities using cameras they already have, spanning functions from readiness and safety to merchandising and operations.

Eric Kafka, a partner at Vertu Capital, said in the announcement: “AI vision intelligence represents one of the most significant opportunities in software today.” Kafka said Solink had demonstrated the foresight and execution required to define the emerging category.

Goldman Sachs Alternatives’ confidence in Solink’s execution, customer momentum, and market position in AI vision intelligence drove its decision to reinvest, according to the announcement. Mike Reilly, a managing director within Growth Equity at Goldman Sachs Alternatives, pointed to strong customer adoption and an ambitious product vision behind the firm’s participation.

Platform Components and Customer-Reported Results

Solink’s website describes a Vision Intelligence platform that unifies video, data, and AI, alongside products it calls AI Cloud VMS, AI Agents, AI Alarm Monitoring, and an AI Command Center. The company lists more than 375 out-of-the-box data integrations spanning systems from access control to human resources to point of sale, so that video feeds carry business context. It also claims 99% fewer false alarms and a 64% reduction in investigation and IT resource time.

The site carries customer-attributed outcome statements. Sean Power, director of IT at Ford Restaurant Group, states that Solink helped the restaurant operator identify more than $20,000 in cash voids over a six-month period. Amy Hine, vice president of operations excellence at Take 5 Oil Change, reports that drive-offs fell 78% while average ticket value rose 28%. Statements from GAP and PGA TOUR Superstore on the site describe remote guarding that reduced costs and AI flagging of after-hours merchandise removals, respectively.

Investor Profiles and Prior Financing

Vertu Capital is a private equity firm that invests in enterprise software and AI-driven technology companies. On its website, the firm describes itself as a growth private equity investor for Canadian technology companies and lists a Toronto office on University Avenue.

Growth Equity at Goldman Sachs Alternatives has invested more than $19 billion in companies since 2003, according to the announcement, within an alternatives business that reports over $706 billion in assets. Goldman Sachs reported approximately $4.0 trillion in assets under supervision globally as of June 30, 2026.

Solink previously raised a 60 million U.S. dollar Series C that closed on July 25, 2023, led by the Growth Equity business within Goldman Sachs Asset Management with participation from existing investors OMERS Ventures and BDC IT Ventures. That investment came from Goldman Sachs’ recently launched $5.2 billion growth equity fund.

At the time of the Series C, Solink reported more than 18,000 customer locations in 15 countries and named Tim Hortons, The Container Store, and PGA TOUR Superstore among its customers. The 2023 announcement said the company’s video management system made existing cameras searchable and accessible in the cloud and that Solink paired data from more than 200 systems with camera footage. Reilly, then a vice president in the growth equity business, said at the time that Goldman Sachs had identified Solink as an up-and-coming leader in a physical security market transitioning to the cloud.