About Olive
Olive is a Technology company based in Vancouver (Canada) founded in 2018 by Chris Heard and Dan Harrison. Technology evaluation is facilitated via a web-based platform. It operates on a SaaS (Software-as-a-Service) model. Olive has raised $4 million across 3 funding rounds from investors including Techstars, Chicago Ventures and Active Capital. Its chief executive, as recorded, is Chris Heard. Its website olive.app draws about 19 thousand monthly visits. Olive offers products and services including Olive Platform, RFP Creation Tool, and Requirements Management. Its focus areas include Software and IT Management Software.
Company details
Olive is established as an AI-powered platform for IT vendor management, research, and procurement. It is designed to assist businesses in making faster and unbiased technology decisions. Solutions are provided across industries such as consulting, healthcare, finance, manufacturing, retail, and restaurants. Key areas of focus include AI, ERP, HR software, LMS, cybersecurity, and digital transformation. The platform is built to streamline RFP creation, requirements management, and vendor evaluation, ensuring decisions are made without vendor bias or sales pressure.
- Total Equity Funding$4M (USD)
in 3 rounds
- Latest Funding Round$3M (USD), Seed
Apr 2022
- InvestorsTechstars
& 3 more
Products & Services of Olive
Olive offers a comprehensive portfolio of products and services, including Olive Platform, RFP Creation Tool, and Requirements Management.
AI-driven platform for IT vendor evaluation and selection.
Tool for creating RFPs aligned with business needs.
AI-powered solution for managing IT project requirements.
Apps and channels of Olive
its YouTube channel Olive Technologies has 90 subscribers and 30 videos.
Videos from Olive
The most watched videos on Olive's YouTube channel, Olive Technologies (90 subscribers). Click a video to play it here.
More on Olive Technologies.
Funding Insights of Olive
Olive has successfully raised a total of $4M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4M
- Total Rounds 3
- Last Round Seed — $3M
- Investors Count 4
All 3 funding rounds of Olive with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $3M | Seed | – | Chicago Ventures | – |
| Sep 2020 | $1M | Seed | – | Active Capital | |
| Apr 2020 | Seed | – | Techstars | – |
4 investors in total: 4 institutional.
Investors in Olive
Olive has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Techstars, Chicago Ventures and Active Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm investing in seed stage tech companies in the US | chicagoventures.com | Chicago, United States | ||
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Private equity investments in Europe are managed by Novator Partners. | novator.co.uk | London, United Kingdom | ||
Active Capital is focused on pre-seed investments in enterprise software. | activecapital.com | United States |
Investor details for Olive
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Olive
6 people are tracked at Olive (4 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Chris Heard | Co-Founder & CEO | Leadership |
Dan Harrison | Co-Founder & CTO | Leadership |
Christian Terry, PCM | Head Of Marketing | Leadership |
Aine McDonnell | Head of Marketing | Leadership |
Tania Barresi | Operations Manager | Team |
Heather Stevens | Fractional CPO | Team |
Complete people profiles for Olive
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Olive
3 dated milestones of Olive across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Olive is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $3.0M.
Web traffic of Olive
The website of Olive (olive.app) receives about 18.7K visits a month and ranks #1,233,700 among all websites worldwide, #10,048 in Business Services.
- Monthly visits18.7K
▼ 23% vs previous month
- Unique visitors10.6K
per month
- Global rank#1,233,700
among all websites
- Category rank#10,048
Business and Consumer Services · Business Services
- Bounce rate41%
- Pages per visit1.5
- Average visit14 sec
- DevicesDesktop 32% · Mobile 68%
Websites whose visitors overlap most with Olive. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| eclipsesuite.com | 100% | #1,568,891 | View details | ||
| interfacesystems.com | 97% | 9.5K | #2,425,437 | View details | |
| newstore.com | 94% | 32.3K | #1,086,981 | View details | |
| trytoolbox.com | 93% | 2.2K | #7,952,022 | View details | |
| 31west.net | 93% | #1,967,561 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Olive
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- 40 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
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Related news about Olive
Complete news archive for Olive
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Frequently Asked Questions about Olive
Olive was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Olive is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Chris Heard is the CEO of Olive, as recorded in our data. They have also founded this company.
Olive is a funded company, having raised a total of $4M across 3 funding rounds to date.
Olive is established as an AI-powered platform for IT vendor management, research, and procurement. It is designed to assist businesses in making faster and unbiased technology decisions. Solutions are provided across industries such as consulting, healthcare, finance, manufacturing, retail, and restaurants. Key areas of focus include AI, ERP, HR software, LMS, cybersecurity, and digital transformation. The platform is built to streamline RFP creation, requirements management, and vendor evaluation, ensuring decisions are made without vendor bias or sales pressure.
Olive offers Olive Platform, RFP Creation Tool, and Requirements Management.
Olive has 4 investors. Key investors include Techstars, Chicago Ventures, Active Capital, and Novator Partners.