How Much Did Omadi Raise?
Funding & Key Investors

Omadi, a technology company focused on optimizing the tow service industry, has secured significant enterprise-level funding, with its total capital raised standing at $7M. The company recently announced a major strategic investment of $350K, underscoring its pivotal role in modernizing industry operations through digital solutions. This latest financing round is expected to accelerate Omadi's mission to connect the industry with advanced technology for requesting, managing, and delivering world-class tow services.

What is Omadi?

Omadi
SoftwareEnterprise Resource Planning (ERP)Business Intelligence (BI) Software

Omadi is dedicated to revolutionizing the towing sector by providing a comprehensive technology platform designed to streamline operations. The company's suite of products enables clients to develop intelligent routing, manage dispatch events efficiently, receive real-time updates, and utilize a mobile application for field personnel. These tools are further enhanced by a robust analytics engine, empowering clients to make data-driven business decisions and elevate the quality of life for professionals within the industry. Omadi's strategic vision is to optimize every facet of towing services, making the industry more efficient and accessible.

How much funding has Omadi raised?

Omadi has raised a total of $7M across 4 funding rounds:

2015

Multiple Rounds

$6.6M

2020

Debt

$350K

Private Equity (2015): $900K, investors not publicly disclosed

Private Equity (2015): $700K led by Peak Ventures

Series A (2015): $5M supported by Service Provider Capital, Kickstart Seed Fund, Peak Ventures, and Pelion Venture Partners

Debt (2020): $350K featuring PPP

Key Investors in Omadi

Peak Ventures

Peak Ventures is a venture capital firm operating in the Venture Capital & Private Equity industry, known for its investments in early-stage companies. It is headquartered in Lehi, Utah.

Kickstart Seed Fund

Kickstart Fund is a venture capital firm based in Salt Lake City and Denver, specializing in pre-seed and seed funding for startups in the Mountain West region, with a focus on B2B SaaS, fintech, and healthtech.

Pelion Venture Partners

Pelion Venture Partners is an investment firm that manages a portfolio of funds, offering investment solutions tailored to institutional and individual clients seeking diversified opportunities.

What's next for Omadi?

With the recent influx of major strategic investment and substantial overall capital, Omadi is poised for significant expansion and technological advancement. The company's focus on optimizing towing operations through innovative software solutions positions it for continued growth in a sector ripe for digital transformation. Future developments are likely to center on enhancing its product offerings, expanding its market reach, and further integrating its technology to create a seamless ecosystem for tow service providers and their clients. This enterprise-level backing signals strong confidence in Omadi's business model and its potential to reshape the industry landscape.

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Frequently Asked Questions Regarding Omadi Financial Insights

What are the most recent funding rounds that Omadi has completed, and what were the funding rounds?
Omadi has recently completed 3 funding rounds: Debt on Apr 14, 2020, Series A on Sep 24, 2015, Private Equity on May 25, 2015.
What is the total amount of funding Omadi has raised to date?
Omadi has raised a total of $7M in funding to date.
How many funding rounds has Omadi completed?
Omadi has completed 3 funding rounds.
How much funding did Omadi raise in its most recent funding round?
Omadi raised $350K in its most recent funding round.
Who are the lead investors in Omadi's latest funding round?
The lead investor in Omadi's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Omadi's history?
The largest funding round in Omadi's history was $5M.
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