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Solvate.com Raises $2.3 Million For Virtual Assistant Tools, Services

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Solvate.com, a startup that offers pay-as-you-go virtual assistant services, has raised $2.3 million in funding, per an SEC filing. The company did not immediately respond to a request for details on the source of the funding. 

The N.Y.-based startup aggregates assistance requests from small business owners and offers them up to consultants; the Solvate Twitter feed lists available jobs in real-time. Jobs include tasks like helping companies migrate from one e-mail service provider to another, setting up international wireless service, and even helping execs get expedited passports.

Solvate.com’s tech platform automatically tracks the hours, pay rate and task completion for both parties. It was founded by former 24/7 Real Media exec Michael Paolucci and Julie Ruvolo (a Stanford alum with past stints at AdBrite, DivX and DMG World Media’s ad:tech).

Aug 28, 2009 1:36 PM ET

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Posted In: Money, M&A & Venture Capital, Venture Capital, Technologies / Formats

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