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owl.co is a customer insight engine that helps financial institutions make better decisions. By connecting to tens of thousands of trusted data sources, Owl is able to instantly aggregate and synthesize millions of data points to learn more about customers and entities.
Using this core technology, Owl offers three enterprise products revolving around: automated customer onboarding, enhanced due diligence, and advanced fraud detection. These solutions allow highly-regulated institutions to use disruptive technologies without sacrificing security or integrity of sensitive data. All this is done using zero-knowledge protocol, which basically means no one at Owl can see or access any sensitive customer data.
owl.co is already working with leading organizations like Toronto Stock Exchange, Fairstone and top 10 banks / insurers across North America.
Using this core technology, Owl offers three enterprise products revolving around: automated customer onboarding, enhanced due diligence, and advanced fraud detection. These solutions allow highly-regulated institutions to use disruptive technologies without sacrificing security or integrity of sensitive data. All this is done using zero-knowledge protocol, which basically means no one at Owl can see or access any sensitive customer data.
owl.co is already working with leading organizations like Toronto Stock Exchange, Fairstone and top 10 banks / insurers across North America.
Overview
Location
Canada, British Columbia, Vancouver
Employees
51-200
Total raised
$38.97M
Founded date
2018
Investors 4
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Nov 9, 2021 | Sorenson Capital | sorensoncapital.com |
| Dec 7, 2021 | Cota Capital | cotacapital.com |
| Sway Ventures | swayvc.com |
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Aug 2, 2019 | Funding round | $1.97M |
Mentions in press and media 18
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Nov 15, 2022 | Owl Labs Raises $25 Million in Series C Funding Round Led by HP Tech Ventures | Owl Labs, the first company to build AI-powered, 360-degree video conferencing solutions, announced a $25 million Series C investment and a strategic partnership with HP, bringing the company’s total funding to over $47 million. The funding... |
| Nov 14, 2022 | Owl Labs Lands $25M Series C Investment | BOSTON, MA, Owl Labs, a startup building AI-powered, 360-degree video conferencing solutions, announced a $25 million Series C investment. >> Click here for more funding data on Owl Labs >> To export Owl Labs funding data to... |
| May 4, 2022 | Fintech startup pitch battle coming to Vancouver | Victory Square Technologies Inc. will co-host a Fintech pitch battle with The Holt Xchange, a Canadian-based global early-stage VC fund on Tuesday, May 17th, 2022 from 3:30-5:30 PM PST. The event will consist of five early-stage fintechs wh... |
| Nov 5, 2021 | Who’s raising cash? Helion, OctoML, WhyLabs, Symbl, Doorsey, Owl latest startups to land funding | Here’s our latest rundown on recent startup investment news in the Pacific Northwest. Symbl co-founders Surbhi Rathore and Toshish Jawale. (Symbl Photo) — Seattle-based Symbl landed $17 million for its “conversational intelligence” software... |
| Nov 4, 2021 | owl.co raises $30 million in Series B to scale insurance claim monitoring solution | Vancouver-based insurance tech startup Owl.co has raised $30 million in its Series B funding round led by Cota Capital. Other participating investors include Sorenson Ventures, FUSE, Impression Ventures, Luge Capital, and Plug and Play Vent... |
| Nov 3, 2021 | InsurTech startup owl.co secures $30 million to solve the $80 billion fraud problem facing the insurance industry | Insurance companies in the United States lose billions to fraud claims every year. According to the FBI, over $40 billion a year is lost through fraud across all non-health insurance. Fraudulent claims total at least $80 billion per year in... |
| Nov 3, 2021 | owl.co Secures $30 Million in Funding to Address Insurance Industry's $80 Billion Fraud Problem | owl.co Labs, Inc. (owl.co), an insurance claims monitoring platform, today announced that it secured $30 million in Series-B funding to accelerate the company's growth. Cota Capital led the financing, joined by Sorenson Ventures, FUSE, Impr... |
| Nov 3, 2021 | Owl.co secures $37M, plans to increase staff by 20% in Canada and US | Owl.co co-founders Sohrab Merat, Sean Merat and Vahid Mirjalili Vancouver’s owl.co, an insurance claims monitoring platform, secured CAD$37 million in Series-B funding led by Cota Capital. The round also had participation from Sorenson Vent... |
| Nov 3, 2021 | owl.co Raises $30M in Series B Funding | owl.co, a North American provider of an insurance claims monitoring platform, raised $30M in Series B funding. The round, which brought overall funding to $40m, was led by Cota Capital with participation from Sorenson Ventures, FUSE, Impres... |
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FAQ about owl.co
When was owl.co founded?
owl.co was founded in 2018.
How much funding has owl.co raised?
owl.co has raised $38.97M in total across 2 funding rounds.
What funding rounds has owl.co raised?
Parsers VC lists 2 funding rounds of owl.co, among them a funding round of $1.97M on Aug 2, 2019.
Who has invested in owl.co?
Parsers VC lists 4 investors of owl.co, among them Cota Capital, Sorenson Capital and Sway Ventures.
What has the press written about owl.co?
Parsers VC has collected 18 articles mentioning owl.co, among them “Owl Labs Raises $25 Million in Series C Funding Round Led by HP Tech Ventures” (Nov 15, 2022) and “Owl Labs Lands $25M Series C Investment” (Nov 14, 2022).
Is owl.co still active?
Yes, owl.co is active; its latest activity on Parsers VC dates from Jul 18, 2023.