Olive logo — Experience the fastest, way to create and manage RFPs—so you...

Olive

Experience the fastest, way to create and manage RFPs—so you can select the best software with confidence!

Founded 2018 Canada Canada 21 employees Seed Total: $4.27M AI, Enterprise Software +3

General Information

Company Name Olive
Founded Year 2018
Location Canada Canada
Employees 21
Industries AI, Enterprise Software, Information Technology +2
Funding Stage Seed
Social

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About Olive

Olive is a pioneering company in the enterprise software and information technology industries, aiming to revolutionize the IT decision-making and software sourcing process. Founded in 2018 and headquartered in Canada, the company received a significant boost with a $3.00M Seed Round investment on 18 April 2022 from prominent investors including Active Capital, Chicago Ventures, C2 Ventures, and Novator.

Olive's cutting-edge technology evaluation platform, coupled with AI-powered capabilities, redefines the software sourcing landscape. By leveraging AI and human expertise, Olive offers a unified digital workspace for centralizing the RFx process, gathering insights, evaluating responses, and fostering collaboration. This approach simplifies and expedites the complex task of sourcing and evaluating enterprise technology and software solutions, presenting users with a curated list of the most suitable options based on their business requirements.

Olive's platform not only accelerates decision-making processes but also facilitates enhanced collaboration among stakeholders, ultimately leading to faster implementation of new enterprise technology solutions. Through its objective and comprehensive approach, Olive eliminates bias, provides accurate insights, and empowers businesses to confidently select software that drives their operations forward.

With its futuristic approach and successful investment round, Olive is poised to lead the charge in transforming software selection processes for forward-thinking businesses. Its revolutionary technology has the potential to reshape the industry, offering a more efficient and customer-centric approach to software sourcing and decision-making.

Business keywords: AI-powered technology evaluation, software sourcing, RFx process, enterprise technology solutions, digital workspace, collaboration platform, decision-making, IT decision support, business technology, vendor evaluation, software selection process, efficiency improvement, business transformation

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $3.00M 4
Active Capital, Chicago Ventures +2
18 Apr 2022
Seed Round $1.00M 3
Active Capital, Techstars +1
28 Sep 2020
Funding Round $150.00K 1
Techstars
08 Sep 2020
Pre Seed Round $120.00K 1
Techstars
03 Feb 2020

Olive Alternatives & Competitors

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Olive vs

Confidence in Software

Seed
61 employees
Enterprise Software, Information Technology
Olive vs
o9 Solutions, Inc.
o9 Solutions, Inc. United States

Raising the bar for Enterprise Planning & Execution

Growth
3275 employees
AI, Analytics
Olive vs
Aera Technology
Aera Technology United States

The Decision Intelligence company

Private Equity
443 employees
AI, Computing

FAQ About Olive

Experience the fastest, way to create and manage RFPs—so you can select the best software with confidence!
Olive was founded in 2018.
Olive is headquartered in Canada.
Olive operates in AI, Enterprise Software, Information Technology, Marketing and Machine Learning. Its work centres on AI-powered technology evaluation, software sourcing, RFx process and enterprise technology solutions.
Olive has approximately 21 employees.
Olive has completed 4 funding rounds, raising a total of $4.27M. The latest funding stage is Seed.
Top alternatives and competitors to Olive include SelectHub, o9 Solutions, Inc., Aera Technology, Frame, Vedrai. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Olive and SelectHub are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Olive, https://bouncewatch.com/company/olive, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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