Olive

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

General Information
Company Name
Olive
Founded Year
2018
Location (Offices)
Canada +1
Founders / Decision Makers
Number of Employees
21
Industries
AI, Enterprise Software, Information Technology +2
Funding Stage
Seed
Social Media

Olive - Company Profile

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.

Taxonomy: 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 of Olive (4)

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Funding Stage Amount No. Investors Investors Date
Seed Round $3.00M 4 Novator 18 Apr 2022
Seed Round $1.00M 3 Novator 28 Sep 2020
Funding Round $150.00K 1 08 Sep 2020
Pre Seed Round $120.00K 1 03 Feb 2020

Latest News of Olive

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