Tech Company Financing Transactions

Olea Edge Analytics Funding Round

Olea Edge Analytics closed a $9 million Series B investment round on 2/26/2020. Backers included Renewal Funds, Ananta Family Office and Mercury Fund.

Transaction Overview

Announced On
2/26/2020
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series B
Investors

Renewal Funds (Lead Investor) (Michael Cormack)

Ananta Family Office

Mercury Fund

Proceeds Purpose
The investment will be used to support Olea's rapid product expansion of its AI-enabled IoT water distribution management solution into municipal water utilities across the U.S.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
12912 Hill Country Blvd.
Austin, TX 78738
USA
Email Address
Overview
Olea Edge Analytics' proven technology empowers utilities to optimize water delivery, billing and conservation so cities can generate millions more in revenue.
Profile
Olea Edge Analytics LinkedIn Company Profile
Social Media
Olea Edge Analytics Company Twitter Account
Company News
Olea Edge Analytics News
Facebook
Olea Edge Analytics on Facebook
YouTube
Olea Edge Analytics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Mackie
  David Mackie LinkedIn Profile  David Mackie Twitter Account  David Mackie News  David Mackie on Facebook
Chief Technical Officer
Stefan Grefen
  Stefan Grefen LinkedIn Profile  Stefan Grefen Twitter Account  Stefan Grefen News  Stefan Grefen on Facebook
VP - Bus. Development
Andrew Kodis
  Andrew Kodis LinkedIn Profile  Andrew Kodis Twitter Account  Andrew Kodis News  Andrew Kodis on Facebook
VP - Operations
Corey Boelter
  Corey Boelter LinkedIn Profile  Corey Boelter Twitter Account  Corey Boelter News  Corey Boelter on Facebook
VP - Sales
Frank Kaplan
  Frank Kaplan LinkedIn Profile  Frank Kaplan Twitter Account  Frank Kaplan News  Frank Kaplan on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/26/2020: Digital River venture capital transaction
Next: 2/26/2020: MANTL venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to record all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary