About Olive
Olive is a company based in Vancouver (Canada) founded in 2018 by Chris Heard and Dan Harrison. It operates as a SaaS (Software-as-a-Service). Olive has raised $4 million across 3 funding rounds from investors including Techstars, Chicago Ventures and Active Capital. Olive offers products and services including Olive Platform, RFP Creation Tool, and Requirements Management. Olive operates in a competitive market with competitors including Engineering Ingegneria Informatica, Jamcracker, Gravitant, SelectHub and Eshgro, among others.
- Headquarter Vancouver, Canada
- Founders Chris Heard, Dan Harrison
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$4 M (USD)
in 3 rounds
-
Latest Funding Round
$3 M (USD), Seed
Apr 18, 2022
-
Investors
Techstars
& 3 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
People of Olive
Unlock access to complete
Sales and Marketing
2 people
Leadership Team
1 people
Operations Team
1 people
Fractional Team
1 people
Unlock access to complete
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.
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
|
Locked | Locked | Locked | |
|
Startups are accelerated globally without sector restrictions through structured programs.
|
Locked | Locked | Locked | |
|
Private equity investments in Europe are managed by Novator Partners.
|
Locked | Locked | Locked |
Investor details for Olive
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Olive
Investment portfolio details for Olive
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Olive
Detailed financials for Olive
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Olive Comparisons
Peer comparison for Olive
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Olive
Olive operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Engineering Ingegneria Informatica, Jamcracker, Gravitant, SelectHub and Eshgro, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Consulting, conception, planning, and implementation services are provided.
|
|
| Locked | Locked | Locked |
Cloud services are brokered and enabled for organizational management.
|
|
| Locked | Locked | Locked |
Cloud services brokerage and management are facilitated via specialized software.
|
|
| Locked | Locked | Locked |
Provider of a platform for software evaluation
|
|
| Locked | Locked | Locked |
Provides cloud-based IT services, cybersecurity, and workplace solutions for organizations.
|
Detailed competitors of Olive
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Olive
Complete news archive for Olive
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 current CEO of Olive. 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's top competitors include Engineering Ingegneria Informatica, Jamcracker and Gravitant.
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.