Ontik
Ontik is a technology company.
Financial History
Ontik has raised $4.0M across 1 funding round.
Frequently Asked Questions
How much funding has Ontik raised?
Ontik has raised $4.0M in total across 1 funding round.
Ontik is a technology company.
Ontik has raised $4.0M across 1 funding round.
Ontik has raised $4.0M in total across 1 funding round.
Ontik Technology is a global software consulting, development, and outsourcing company founded in 2016, specializing in custom digital solutions for businesses worldwide.[1][2][3] It builds scalable products including web and mobile apps, AI/ML strategies, UI/UX designs, business intelligence tools, ERP systems, and cybersecurity services, serving startups to large enterprises across more than 20 countries from offices in Bangladesh, USA, Canada, and Australia.[1][2][3] The company solves challenges in product development and modernization by offering flexible models like dedicated tech teams, with a focus on innovation, transparency, and growth—evidenced by projects boosting client engagement by 58% and conversions by 36%.[1][4]
Ontik Technology was established in 2016 in Dhaka, Bangladesh, as a software consulting and outsourcing agency emphasizing creativity, teamwork, and innovation.[2][3][5] Key details on specific founders are not publicly detailed in available sources, but the company has grown into a team of 28 employees headquartered at House #32/A, Road Fl 3 02 D2, Jigatala TSO, Dhaka, with a global footprint.[2] Early traction includes a product selected for Stanford Seed Spark's 2022 Cohort 05 and reaching top 100 finalist in the 2024 AI For Impact challenge by Hack2Skill and Google Cloud, highlighting its pivot toward AI-driven innovation.[3]
Ontik rides the wave of digital transformation and AI adoption, providing outsourcing from cost-effective hubs like Bangladesh to serve global clients amid rising demand for scalable tech amid talent shortages.[1][2][3] Timing aligns with post-2020 acceleration in remote development and AI tools, where businesses seek flexible partners for innovation without heavy in-house costs—market forces like cloud growth (e.g., Google Cloud partnerships) and enterprise digitization favor its model.[3][4] It influences the ecosystem by empowering startups via programs like Stanford Seed and delivering enterprise-grade solutions, bridging emerging markets with Western demand.[3]
Ontik is poised for expansion in AI and custom software amid booming outsourcing markets, potentially scaling revenue beyond $16.6M through more Clutch-verified projects and global offices.[2][4] Trends like generative AI integration and hybrid work will shape its trajectory, amplifying demand for its revamp services and dedicated teams. Its influence may evolve from regional player to key innovator, as seen in recent award momentum, solidifying its role in powering accessible digital growth for businesses worldwide—transforming visions into robust realities, just as it promises.[1][3]
Ontik has raised $4.0M in total across 1 funding round.
Ontik's investors include BlackWood Ventures, Firstminute Capital, Founder Collective, Giant Ventures, Biz Stone, Jeremy Cai, Miki Kuusi, Tom Blomfield.
Ontik has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in May 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2025 | $4.0M Seed | BlackWood Ventures, Firstminute Capital, Founder Collective, Giant Ventures, Biz Stone, Jeremy Cai, Miki Kuusi, Tom Blomfield |