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Kahi raised $2.3 million CAD in a seed funding round led by BDC Capital Seed Venture Fund to develop IoT disaster restoration technology.

Sep 12, 202410 months ago

Amount Raised

$2.3 Million

Round Type

seed

OttawaSoftwareArtificial Intelligence

Investors

Bdc Capital Seed Venture Fund

Description

Kahi, a startup specializing in IoT disaster restoration tech, raised $2.3 million CAD in a seed funding round led by BDC Capital Seed Venture Fund. The company aims to enhance transparency in the disaster restoration process by adding an analytics component to its platform.

Company Information

Company

Kahi

Location

Ottawa, Ontario, Canada

About

Kahi is the global asset tracking platform, designed for developers and solution providers to easily add beacon-based asset tracking to their product solutions. Kahi for Restoration is the first industry-specific solution built on Kahi, designed for Restoration Contractors to be able to track their equipment as they travel to-and-from job sites, allowing automation of invoicing, as well as understanding equipment availability.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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