ODAIA

ODAIA in its $1.6 million Seed round financing

Client

ODAIA

Value

$1.6 million

Service

Emerging and High Growth Companies

Date Closed

Lead Office

Toronto

 

On September 23, 2019, ODAIA completed its $1.6 million Seed round financing co-led by Panache Ventures and StandUp Ventures with participation from BDC Capital’s Women in Technology Venture Fund, Inovia Capital and MaRS IAF. This round of funding will be used to make key technical hires, support early customers and prepare for the public launch of ODAIA’s AI SaaS platform.

ODAIA is an enterprise AI Software-as-a-Service startup, founded out of the University of Toronto. ODAIA is uniquely positioned to offer a scalable, data-driven SaaS tool for companies to curate and explore their data in a way that provides interesting and unique benefits. ODAIA works with marketing, sales and data science teams at leading enterprise companies to create a feedback loop from insights to action at both strategic and tactical levels.

Osler, Hoskin & Harcourt LLP advised ODAIA with a team led by Chad Bayne and consisting of Gary Marshall and Isaac da Silva Aboo (Emerging and High Growth Companies).