Solavei
Solavei was a social commerce network offering contract-free mobile service in the United States, known for its use of incentivized referral plans and its social network advertising program. In addition to its mobile phone services, Solavei operated a social commerce network for its users. Ryan Wuerch founded the company in 2012. As of 2013, Solavei had 140 employees and was valued by investors at $120 million. The company has been described as a multi-level marketing (MLM) company, or of being very similar to a MLM company.
| Company type | Private |
|---|---|
| Industry | Social Commerce |
| Founded | Bellevue, Washington(February 1, 2012) |
| Founder | Ryan Wuerch |
| Defunct | December 4, 2015 |
| Headquarters | |
Number of locations | 1 |
Area served | United States, including Puerto Rico |
Key people | Ryan Wuerch (Founder, CEO) Rick White (Head of Legal and Policy) |
| Products | Social-based mobile virtual network operator |
Number of employees | 140 |
| Website | solavei |
On June 18, 2014, the company filed Chapter 11 bankruptcy.
Solavei announced its carrier partner, T-Mobile USA on the 19th of November of 2015, had terminated its agreement to provide service under the condition that Solavei did not meet expectations. Solavei customers were allowed to migrate to T-Mobile Prepaid for a $10 monthly credit for 6 months and a free month of service. Wireless service was discontinued on December 4, 2015.