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Olive Raises $3 Million Seed Round And Opens Office In Chicago

April 20, 2022 by Robert Lewis Leave a Comment

Vancouver’s Olive has raised a $3 million seed round led by Chicago Ventures and has set up shop in the Windy City.

Co-founded by Dan Harrison and Chris Heard in 2018, the Techstars 2020 alum transforms the buying process by moving customers away from archaic RFP/RFI processes to a fully agile evaluation.

This leads to a much faster, far more effective decision while also increasing collaboration across stakeholders, providing assurance that 100% of solutions are evaluated, and assuring a robust and objective selection process.

According to Heard, the new Chicago office already has a handful of employees, including Olive’s head of marketing and head of customer success.

Headquartered in Vancouver, Olive has 16 employees today and its client include the Federal Government, Home Hardware and A&W Canada.

Olive raised a $1 million seed round in 2020 led by San Antonio’s Active Capital with participation from Techstars and UK-based Novator.

Photo by Sawyer Bengtson on Unsplash

Filed Under: News Tagged With: Olive

 

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