
From No Idea to a $25M Raised in 3 Years | Mark Hughes co-founder Solidroad
01/10/2026
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1:15:13
Mark Hughes started Solidroad in Dublin in 2023 with his co founder Patrick Finlay.
There was just one problem.
They did not actually know what they were going to build.
Three years later, Solidroad has gone through Y Combinator, built offices in Dublin and San Francisco, landed major enterprise customers and raised a $25 million Series A.
In this episode of The Entrepreneur Experiment, Mark breaks down exactly how it happened.
We go inside the early search for product market fit, how they got their first customers, founder led sales, getting into Y Combinator after multiple attempts, moving his life to San Francisco and the extraordinary speed at which Silicon Valley operates.
Mark also tells the story of meeting First Round Capital on a Saturday, meeting the partnership on Sunday and effectively having the investment agreed by Monday.
We then get into AI.
Mark explains how AI has completely changed the way he works as a CEO, why he believes repetitive work is most at risk, why customer support will remain a combination of humans and AI, and how he is effectively building an AI powered operating system around his company.
Finally, we talk about the biggest mistake he has made building Solidroad and the lesson he would give his younger founder self:
Move faster.
A fascinating conversation about ambition, fundraising, sales, AI, Silicon Valley and what it really takes to build a venture scale company.
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CHAPTERS
00:00 Meet Mark Hughes and Solidroad
01:52 From Dublin startup to a $25M Series A
03:09 Why Mark became a second time founder
04:30 Starting a company without knowing what to build
06:01 How they searched for the right problem
07:49 The moment they realised they had something
09:09 Funding the company before Y Combinator
11:39 Revenue as the North Star
15:01 Why timing matters in startups
17:00 How Solidroad found its first customers
19:37 Mark's founder led sales playbook
24:28 Why moving to San Francisco changed everything
24:59 What Y Combinator actually does
26:33 Inside a typical week at YC
28:31 Getting into YC after multiple attempts
31:24 The personal cost of moving to San Francisco
34:38 What happens after Y Combinator
36:22 Inside YC Demo Day
37:27 Meeting First Round Capital
38:50 Saturday meeting, Monday money
39:53 Building a $6.5M seed round
42:10 Landing major enterprise customers
42:49 Why money raised is the wrong success metric
43:10 Why Solidroad raised again
44:56 Will AI take our jobs?
46:30 Why customer service will remain human
48:56 The jobs most exposed to AI
49:40 How an AI powered CEO works
52:42 Has Claude overtaken ChatGPT?
54:04 Raising the $25M Series A
59:05 Mark's advice for founders raising money
1:00:41 Dublin versus San Francisco
1:02:52 What comes next for Solidroad
1:03:59 Mark's biggest mistake
1:07:02 Quick fire
1:10:22 Why face to face sales will win in an AI world
1:13:37 The advice Mark wishes he had earlier
1:14:08 Speed is everything
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