The Entrepreneur Experiment
The Entrepreneur Experiment
Gary Fox
From No Idea to a $25M Raised in 3 Years | Mark Hughes co-founder Solidroad
1 hour 15 minutes Posted Oct 1, 2026 at 8:06 pm.
Meet Mark Hughes and Solidroad
From Dublin startup to a $25M Series A
Why Mark became a second time founder
Starting a company without knowing what to build
How they searched for the right problem
The moment they realised they had something
Funding the company before Y Combinator
Revenue as the North Star
Why timing matters in startups
How Solidroad found its first customers
Mark's founder led sales playbook
Why moving to San Francisco changed everything
What Y Combinator actually does
Inside a typical week at YC
Getting into YC after multiple attempts
The personal cost of moving to San Francisco
What happens after Y Combinator
Inside YC Demo Day
Meeting First Round Capital
Saturday meeting, Monday money
Building a $6.5M seed round
Landing major enterprise customers
Why money raised is the wrong success metric
Why Solidroad raised again
Will AI take our jobs?
Why customer service will remain human
The jobs most exposed to AI
How an AI powered CEO works
Has Claude overtaken ChatGPT?
Raising the $25M Series A
Mark's advice for founders raising money
Dublin versus San Francisco
What comes next for Solidroad
Mark's biggest mistake
Quick fire
Why face to face sales will win in an AI world
The advice Mark wishes he had earlier
Speed is everything
0:00
1:15:13
Download MP3
Show notes
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.
—-
Our Sponsors:
Nostra: https://bit.ly/nostra26
Azure Communications: https://bit.ly/azure26
Follow The Entrepreneur Experiment:
Instagram: https://www.instagram.com/entrepreneurexperiment/
TikTok: https://www.tiktok.com/@entrepreneurexperiment
Podcast: https://www.mrgaryfox.com/podcast
—-
CHAPTERS