Olive Technologies
Latest round
- Seed
Last raised
- Apr 2022
Total raised
- $4M
Investors
- 5
About Olive Technologies
Olive Technologies Inc.Founded in 2018 in Vancouver, Canada, Olive Technologies Inc. provides an AI-powered platform that streamlines IT vendor management and procurement.Olive Technologies primarily offers an AI-powered platform designed to streamline IT vendor management, research, and procurement. Their core product facilitates the creation and issuance of Requests for Proposals (RFPs), enabling businesses to efficiently manage requirements and evaluate technology solutions without the traditional biases associated with vendor-led processes. The platform addresses inefficiencies caused by outdated procurement methods, providing a swift, unbiased approach to sourcing IT solutions.Olive Technologies generates revenue through a subscription-based model that allows clients to access its suite of IT management tools. Clients engage in transactions by subscribing to the platform, which provides personalized services, including AI-driven research and analysis. While specific pricing for individual services is not disclosed, the structure typically involves tiered subscription plans based on usage scale and features required. This B2B model supports partnerships with organizations that require streamlined vendor management and decision-making processes.In July 2022, Olive Technologies Inc. Olive aims to strengthen its market presence in Chicago while exploring additional opportunities in North America.
Who invested in Olive Technologies
5 investors across 2 rounds
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Questions about Olive Technologies
Who invested in Olive Technologies?
Olive Technologies has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Olive Technologies raised?
Olive Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Olive Technologies last raise money?
Olive Technologies's most recent round on record is a Seed, in Apr 2022.
What does Olive Technologies do?
Olive Technologies is a software company.
Where is Olive Technologies headquartered?
Olive Technologies is headquartered in Vancouver, Canada.
Which VCs invest in companies like Olive Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Olive Technologies's stage. Their profiles are linked below.
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