Tech Company Financing Transactions
The Owl Solutions Funding Round
Ontario Centre of Innovation participated in a $250 thousand Seed capital raise for The Owl Solutions. The round was recorded on 9/13/2023.
Transaction Overview
Company Name
Announced On
9/13/2023
Transaction Type
Venture Equity
Amount
$250,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate expansion and product development.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
295 Hagey Boulevard 1st Floor, West Entrance
Waterloo, Ontario, N2L 6R5
CA
Waterloo, Ontario, N2L 6R5
CA
Phone
Undisclosed
Website
Email Address
Overview
With decades of experience working in various supply chain roles across the globe, Hugo Fuentes and Miguel Gallardo noticed common pain points amongst supply chain professionals. Different supply chain performance anomalies often went underreported, and lost revenue went unnoticed creating cashflow risks within the organization's profitability. Organizations have access to more data today, than ever before and it was time to start leveraging it. In 2018, Hugo and Miguel created The Owl Solutions -- a software analytics platform that allows supply chain professionals to use powerful analytics and real-time KPIs to identify inefficiencies within their supply chains, resulting in an increased bottom line.
Management Team
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