Ontopical: Funding, Investors & Team (Oct 2026)
In North America, each year approximately 95,000 local governments release 1.7 million RFPs worth a total contract value of $750 billion. Businesses reliant on this work spend $56 billion annually on sales and marketing efforts to access these opportunities. To gain an advantage in this market, many companies utilize Ontopical, the leading marketing intelligence platform. Our software conducts analysis and collection of thousands of municipal meeting minutes, agendas, and videos every week. This enables our clients to establish important relationships well in advance of the formal proposal process. CEO Derrick Koenig has a successful track record, having grown his previous company's revenue to $5 million and achieving a profitable exit within just three months. Currently, we already monitor over 15,000 municipalities, and our advanced machine learning technology, set to launch in 2022, will accurately predict early signals of upcoming business opportunities for your company. This proactive approach allows you to stay ahead of the game and position yourself for success in the RFP landscape.
Ontopical has raised $2.4M across 1 funding round on record, the most recent a Seed of $2.4M announced in Sep 2023.
That round is below the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Ontopical Company Profile and Key Stats
Latest funding round on record: Sep 2023.
Ontopical Funding Rounds
Ontopical Founders and Leadership Team
No contact details are on record for this team yet.
Ontopical Funding Compared to Other Artificial Intelligence Startups
Ontopical's latest round of $2.4M is below the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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Ontopical Funding FAQs
What does Ontopical do?
In North America, each year approximately 95,000 local governments release 1.7 million RFPs worth a total contract value of $750 billion. Businesses reliant on this work spend $56 billion annually on sales and marketing efforts to access these opportunities. To gain an advantage in this market, many companies utilize Ontopical, the leading marketing intelligence platform. Our software conducts analysis and collection of thousands of municipal meeting minutes, agendas, and videos every week. This enables our clients to establish important relationships well in advance of the formal proposal process. CEO Derrick Koenig has a successful track record, having grown his previous company's revenue to $5 million and achieving a profitable exit within just three months. Currently, we already monitor over 15,000 municipalities, and our advanced machine learning technology, set to launch in 2022, will accurately predict early signals of upcoming business opportunities for your company. This proactive approach allows you to stay ahead of the game and position yourself for success in the RFP landscape.
How much funding has Ontopical raised?
Ontopical has raised $2.4M across 1 round on record. The most recent is a Seed of $2.4M announced in Sep 2023.
When did Ontopical last raise funding?
Ontopical's most recent funding round on record is a Seed of $2.4M, announced in Sep 2023.
Who is the CEO of Ontopical?
Derrick Koenig is listed as CEO at Ontopical.
Where is Ontopical headquartered?
Ontopical is based in Calgary, Alberta, Canada.
How many employees does Ontopical have?
Ontopical is in the 11-50 employee band.
How does Ontopical's funding compare to other Artificial Intelligence startups?
Ontopical's latest round of $2.4M is below the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,241 tracked companies over the last two years.
About FundedIQ's Ontopical Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Ontopical is left off this page rather than filled in.
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