Atlanta isn’t the first place you think of when you hear “Lloyd’s of London,” but that’s the beauty of disruption; it rarely shows up where the old guard expects it. In 2022, three Georgia Tech minds, Wesley Pergament, Brayden Drury, and Jeffrey Zhou, looked at the insurance industry’s storm response and called it what it was: sluggish, subjective, and stuck in the past. That realization became Sola Insurance, an insurtech with one simple mission. When the tornado sirens stop, when the hail dents the roof, when the storm takes its swing, the recovery clock should already be ticking.
Sola doesn’t sell the idea of peace of mind. They wire it into the payout system. Their tornado coverage has already protected thousands of policyholders, proving that a claims process that used to drag on for weeks can close in 48 hours. That’s not marketing, it’s mechanics. A storm hits, National Weather Service data confirms it, and Sola moves money while competitors are still printing forms. In a world where extreme weather isn’t slowing down, homeowners don’t have the luxury of waiting.
That clarity is why investors doubled down. On August 26, 2025, Sola closed an $8M Series A led by FINTOP Capital and JAM FINTOP, with participation from 10vc and Georgia Tech. The raise pushes total funding to $11.7M, building on the $3.7M seed round in late 2024. Since then, revenue hasn’t just grown, it’s multiplied sevenfold. And with John Philpott of FINTOP Capital now joining the board, this is no spray-and-pray bet. It’s a firm commitment to scaling a business that already proved its product works.
The foundation wasn’t luck. Wesley Pergament came from the flood insurance trenches, where FEMA maps and data models dictate recovery. Brayden Drury brought the same engineering edge that carried him and Pergament to win the 2022 Georgia Tech InVenture Prize. Jeffrey Zhou added the computer science discipline to build the platform from the ground up. Together they designed policy forms, models, and claims tools in-house, integrating them with the National Weather Service and the Enhanced Fujita scale so payouts aren’t left to a flashlight inspection. For wind and hail, they went hybrid, parametric triggers backed with on-site validation, so accuracy doesn’t come at the expense of trust.
The Series A is more than capital. It’s scale fuel. The plan is to extend coverage into more high-risk states, expand agency partnerships, and keep the agent platform sharp enough to quote and bind policies with speed. With coverage limits of up to $25,000 and reinsurance capacity secured through Beazley at Lloyd’s, Spinnaker Insurance Company, Tokio Marine Kiln, Canopy Weather, Crawford & Company, and Costero Brokers, Sola isn’t positioning as a niche. They’re positioned as the first admitted personal lines parametric product in the US with staying power.
The timing is laser-precise. Traditional carriers are hiking deductibles and trimming coverage just as climate volatility surges. That leaves homeowners exposed, agencies frustrated, and the market begging for alternatives. Sola is turning that pain into momentum, signing thousands of agents and leaving others waiting in line. It’s a signal that when the storm season turns ugly, the only policy people will want is the one that pays when it’s supposed to.
Congratulations to Wesley Pergament, Brayden Drury, and Jeffrey Zhou. And credit to FINTOP Capital, JAM FINTOP, 10vc, and Georgia Tech for backing a team that turned a Georgia Tech idea into a national force. The industry now has a choice: cling to the past or keep pace with Sola.
