Tech Company Financing Transactions
Ontopical Funding Round
Ontopical closed a $3.3 million Seed funding round on 9/14/2023. Backers included Graphite Ventures, Rhino Ventures and Alberta Innovates.
Transaction Overview
Company Name
Announced On
9/14/2023
Transaction Type
Venture Equity
Amount
$3,300,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to further develop its AI-driven intelligence platform, expand its business further across North America, to triple their team over the next two years, hiring data engineers, data scientists, AI/ML specialists and new members to its sales and marketing teams. The majority of roles will be based in Calgary.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1550 5 Street South West 300
Calgary, Alberta, T2R 1K3
CA
Calgary, Alberta, T2R 1K3
CA
Phone
Undisclosed
Website
Email Address
Overview
We build tools that help you navigate what's new and important from local government organizations. Ontopical uses the innovative capabilities of machine learning to help you build new revenue streams, increase efficiency and stay on-top of current and future government developments. We created Ontopical because we wanted to enable businesses like yours to access important public information quickly and easily. Because when you can identify potential opportunities and issues, you can make more informed business decisions. These better business decisions become successful business outcomes and stronger more resilient communities.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Clayton Feick
Founder
Derrick Koenig
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Where The Data Comes From
We do our best to report on tech company VC transactions. All VC database entries reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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