Owl Technologies - About the company
Owl Technologies is a series B company based in Vancouver (Canada), founded in 2018 by Sean Merat and Sohrab Merat. It operates as a KYC solutions for banks and insurance companies. Owl Technologies has raised $40M in funding from investors like Cota Capital, Impression Ventures and Luge Capital. The company has 1864 active competitors, including 367 funded and 243 that have exited. Its top competitors include companies like IDnow, Entrust and Jumio.
Company Details
KYC solutions for banks and insurance companies. Offers a chatbot, which is an end-to-end encrypted, zero-knowledge system compliant with all regulations for handling sensitive data. The solution automates and streamlines the KYC process.
- Website
- owl.co
- Registered Address
- 226 Causeway Street Fourth Floor, Boston, MA 02114, US
Key Metrics
Founded Year
2018
Location
Vancouver, Canada
Stage
Series B
Total Funding
$40M in 3 rounds
Latest Funding Round
Investors
Ranked
79th among 1864 active competitors
Employee Count
99 as on Sep 30, 2026
Legal entities associated with Owl Technologies
Owl Technologies is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
OWL LABS (DE), INC. CIN: 214710493 , United States, Active | Jul 13, 2023 | - | - | - |
Owl Labs, Inc CIN: 20201244679 , United States, Active | Mar 18, 2020 | - | - | - |
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Owl Technologies's funding and investors
Owl Technologies has raised a total funding of $40M over 3 rounds. Its first funding round was on Aug 02, 2019. Its latest funding round was a Series B round on Nov 03, 2021 for $*****. 6 investors participated in its latest round. Owl Technologies has 13 institutional investors.
Here is the list of recent funding rounds of Owl Technologies:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 03, 2021 | 9041935 | Series B | 8177546 | 8160687 | 6329423 | 1980209 |
2020 | 1175 | Grant (prize money) | 2753 | 4738 | 5466 | |
Aug 02, 2019 | 6838767 | Seed | 7676592 | 3524046 |
View details of Owl Technologies's funding rounds and investors
Owl Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Owl Technologies are Sean Merat and Sohrab Merat. Sean Merat is the CEO of Owl Technologies.
Here are the details of Owl Technologies' key team members:
- Sean Merat: Co-Founder & CEO of Owl Technologies. Contact Info: 1 email address
- Sohrab Merat: Co-Founder of Owl Technologies. Contact Info: 1 email address
View details of Owl Technologies's Founder profiles and Board Members
Owl Technologies' employee count trend
Owl Technologies has 99 employees as of Sep 26. Here is Owl Technologies's employee count trend over the years:
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Owl Technologies's Competitors and alternates
Top competitors of Owl Technologies include IDnow, Entrust and Jumio. Here is the list of Top 10 competitors of Owl Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of automated and expert-led identity verification and digital trust services | $40M | 75/100 | ||
2nd | Entrust 1969, Dallas (United States), Acquired | Provider of identity-centric security solutions, including issuance and data protection | - | 74/100 | |
3rd | Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $201M | 73/100 | |
4th | Boku 2008, United States, Public | Network connecting merchants to local payment methods for transactions | $91.3M | 73/100 | |
5th | AI-based crypto payments and fraud prevention solutions for businesses | $19M | 73/100 | ||
6th | Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 73/100 | |
7th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 72/100 | ||
8th | AI based identity verification and e-Signing solution provider | $13.8M | 72/100 | ||
9th | Clear 2010, New York City (United States), Public | Provider of expedited identity verification services for airport security and more | $135M | 71/100 | |
10th | Provider of a platform for identity verification and risk management | $85.4M | 71/100 | ||
79th | Owl Technologies 2018, Vancouver (Canada), Series B | KYC solutions for banks and insurance companies | $40M | 56/100 |
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Owl Technologies's Investments and acquisitions
Owl Technologies has made no investments or acquisitions yet.
Reports related to Owl Technologies
Here is the latest report on Owl Technologies's sector:
News related to Owl Technologies
Media has covered Owl Technologies for 1 event in last 1 year.
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•
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Owl.co Names Janae Tapley Sorenson as Vice President of GrowthGlobeNewswire•Dec 14, 2022•Owl Technologies
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Impression Ventures closes its fourth fund at USD64Mexplode.africa•Apr 20, 2022•Impression Ventures, BMO, Canadian Imperial Bank of Commerce, Allianz X and 3 others
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Owl.co Labs locks in $30m Series B deal led by Cota CapitalVCJ•Nov 03, 2021•Owl Technologies, Cota Capital, Sorenson Capital, Fuse Capital and 5 others
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Owl.co raises $2.5 million CAD for encrypted data collection platformBetaKit•Aug 02, 2019•Owl Technologies, Luge Capital, Impression Ventures, Sway Ventures and 3 others
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