Solucore
Solucore is an independent Canadian-owned elevator and escalator consulting firm serving property managers, building owners, insurers, and public-sector buyers across North America with inspections, modernization specifications, and state-mandated safety testing delivered through 33 consultants across 14 offices.
- Company typePrivate
- Founded2001
- HeadquartersMississauga, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Solucore does
Solucore is an independent elevator and escalator consulting firm headquartered in Mississauga, Ontario, providing technical advisory services to building owners, property managers, facility directors, insurance carriers, and homeowners across Canada and the United States. The firm explicitly avoids any commercial relationship with elevator manufacturers or contractors to position itself as a conflict-free advocate for clients, and operates from 14 locations with a team of 33 consultants. Service offerings include routine and technical inspections, accident investigations, due diligence and reserve fund studies, vertical transportation specifications for maintenance, modernization and new installations, traffic studies, capital planning, and state-mandated testing (New York Category Tests Witnessing, Florida Door Lock Monitoring and Secondary Brakes).
The firm's technical stack centers on three proprietary platforms: e-volve (a web-based portfolio management portal used for maintenance tracking, performance review meetings, and contractor management), Soludex (a performance rating and assessment system), and Solutrak (a web-based tracking and monitoring platform). These tools support ongoing service delivery beyond discrete consulting engagements. The firm applies engineering analysis using industry-standard vertical transportation software for ride quality and traffic studies.
Solucore monetizes through fee-for-service professional consulting billed against project scope and consultant time, supplemented by multi-year contract work on maintenance specifications and modernization planning. Go-to-market combines direct enterprise field sales with a Kinetic GPO national group purchasing contract (RFSO 22-03, effective November 2022 through October 2025 with a two-year extension option) that enables procurement by Canadian municipalities, universities, school boards, and health and social services entities. Customer segments include property managers and building owners (primary), public sector / MUSH buyers, insurance companies, and residential homeowners.
Solucore firmographics
Firmographics- Name
- Solucore
- Legal name
- Solucore, Inc.
- Website
- https://solucore.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Solucore is an independent Canadian-owned elevator and escalator consulting firm serving property managers, building owners, insurers, and public-sector buyers across North America with inspections, modernization specifications, and state-mandated safety testing delivered through 33 consultants across 14 offices.
- Ownership category
- akta.pro rank
Where Solucore is headquartered
LocationHeadquarters
- HQ city
- Mississauga
- HQ country
- Canada
- HQ region
- North America
Offices13 records
Markets served
Solucore business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Professional Consulting Services: Fee-for-service consulting engagements including inspections, technical audits, due diligence assessments, reserve fund studies, and accident investigations. Services billed based on project scope and consultant time.
- Maintenance Contract Specification Services: Specifications and oversight services for elevator maintenance contracts, modernization planning, and new installation specifications.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom project-based pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Solucore product offering
Product offeringCore offering
Solucore is an independent elevator and escalator consulting firm that delivers inspection, engineering analysis, modernization planning, and vertical transportation specification services. The firm supports property owners, managers, insurance firms, and public-sector entities across North America with a team of 33 consultants across 14 locations, supplemented by proprietary portfolio management and tracking platforms (e-volve, Soludex, Solutrak).
Product overview
Solucore is an independent elevator and escalator consulting firm that offers a portfolio of proprietary software tools and professional consulting services. The core offerings include e-volve™ (a web-based portfolio management and tracking portal), Soludex (performance rating platform), and Solutrak (monitoring tool), complemented by a comprehensive range of inspection, engineering, and specification services. The company operates across 14 locations in Canada and the United States, providing services including elevator inspections, vertical transportation engineering, modernization planning, and regulatory compliance testing (New York Category Tests and Florida Door Lock Monitoring/Secondary Brakes). Solucore's proprietary tools are uniquely positioned to serve property managers seeking objective, conflict-free elevator consulting services.
Differentiator
Problem solved
Functional benefit
Brands
- e-volve™: Portfolio management tool and client portal platform for elevator consulting services
- Soludex™
- SOLUTRAK
- CPAI Solucore
Products and services
- Inspections
Quantifiable outcome
- Completed inspections on 200 elevators within compressed time limits, meeting all contract commitments
Companies that use Solucore
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
Solucore technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Solucore partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- Kinetic GPOcoreSolucore was awarded a three-year National Group Purchasing Contract with Kinetic GPO (RFSO 22-03), effective November 1, 2022 through October 31, 2025, with option for 2-year extension. The contract enables Solucore to deliver its products and services to broader public sector, non-profit organizations, municipalities, universities, school boards, and health and social services (MUSH) entities across Canada. Kinetic GPO conducts procurement in a fair, open, and transparent manner compliant with Canada's International and Regional Trade Agreements.
- CPAI Inc.minorSolucore acquired CPAI Inc., a Quebec-based elevator consulting company. This acquisition expanded Solucore's presence in Quebec and strengthened their position as a leading North American elevator consulting company.
Scale indicators5 records
Recent moves6 records
Expansion highlights7 records
Solucore competitors and assessment
Company assessmentDirect peers
- The Consulting Authority (TCA): TCA is an elevator and escalator consulting firm providing independent inspection and specification services to building owners, overlapping directly with Solucore's positioning as a contractor-independent consulting firm.
- VDA (Vertical Design Associates): VDA is a US elevator and escalator consulting firm providing similar inspection, specification, and modernization oversight services to property owners, competing in the same vertical transportation niche as Solucore.
- Lerch Bates: Lerch Bates is a North American building envelope and vertical transportation consulting firm offering elevator and escalator consulting, inspections, and modernization services to property owners and managers - directly comparable to Solucore's core offering but at significantly larger scale.
- Edgett Williams Consulting Group: Edgett Williams is a North American elevator consulting firm offering inspections, maintenance audits, and modernization planning to property managers - a direct peer with similar service mix and customer base to Solucore.
- KJA Consultants Inc. KJA Consultants is a Canadian elevator consulting firm named as the opposing party in Solucore's patent litigation, indicating direct overlap in vertical transportation consulting services in the Canadian market.
- Barry & Associates Elevator Consulting: Barry & Associates is an independent elevator consulting firm serving building owners with inspections, due diligence, and modernization specifications - comparable niche, customer profile, and service delivery to Solucore.
Broad incumbents
- Stantec: Stantec is a global engineering and design firm offering buildings consulting that can include vertical transportation services as part of broader property engagements, representing a broader incumbent competitor with overlap on enterprise clients.
- WSP Global: WSP is a global engineering consultancy whose Property & Buildings practice includes vertical transportation consulting alongside broader MEP and structural services - a broader incumbent that competes for some of the same RFPs as Solucore.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Solucore social profiles
Digital presenceSolucore financial estimates
Financial estimateRevenue estimate
Valuation estimate
Solucore leadership team
Management profileNumber of profiles
Profiles10 records
Solucore subsidiaries and ownership
Company hierarchySubsidiaries1 record
Solucore funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Solucore M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Solucore
What does Solucore do?
Solucore is an independent elevator and escalator consulting firm that delivers inspection, engineering analysis, modernization planning, and vertical transportation specification services. The firm supports property owners, managers, insurance firms, and public-sector entities across North America with a team of 33 consultants across 14 locations, supplemented by proprietary portfolio management and tracking platforms (e-volve, Soludex, Solutrak).
Is Solucore a public or private company?
Solucore is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Solucore founded?
Solucore was founded in 2001. It employs 11 to 50 people.
Where is Solucore based?
Solucore is headquartered in Mississauga, Canada, in the North America region.
How does Solucore make money?
Two revenue lines are on record. Professional Consulting Services are the primary driver. The others are maintenance Contract Specification Services.
Who are Solucore's main competitors?
Direct peers on record are The Consulting Authority (TCA), VDA (Vertical Design Associates), Lerch Bates, Edgett Williams Consulting Group, KJA Consultants Inc. and Barry & Associates Elevator Consulting. Broad incumbents are Stantec and WSP Global.
Does Solucore have an API?
No public API is recorded for Solucore.