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§ Private Profile · 195 Page Mill Rd Suite 105, Palo Alto, CA 94306, USA
Oamo is a technology company.
Osmo builds an Olfactory Intelligence platform, a digital scent engine designed to map, analyze, and generate scent. This proprietary technology leverages molecular data, machine learning, and human artistry to create custom fragrance formulas and discover novel smells. It offers a structured approach to scent creation, enabling precision and transparency in a field traditionally reliant on intuition.
The company was founded in 2022 by Alex Wiltschko, an olfactory neuroscientist with 18 years of experience studying the intricacies of scent. His founding insight was to develop systems that could digitize the sense of smell, making it more accessible and expressive. Wiltschko envisioned a future where computers could interpret and create scents, thereby expanding the possibilities within the fragrance industry.
Osmo’s platform serves a diverse range of collaborators, including brands, artists, and creators, empowering them to tell their stories through innovative scent design. The company's overarching mission is to digitize the sense of smell to enhance human health and happiness. It strives to shape a future where the creation and understanding of scent are universally accessible and easily articulated.
Oamo has raised $1.0M across 1 funding round.
Oamo has raised $1.0M in total across 1 funding round.
Oamo has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in June 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2023 | $1M Seed | White Star Capital | 10T Holdings, Northside Ventures, Seven Seven SIX | Announced |
Oamo has raised $1.0M in total across 1 funding round.
Oamo's investors include White Star Capital, 10T Holdings, Northside Ventures, Seven Seven Six.
Oamo is a Web3 platform and decentralized data broker that empowers users to own, share anonymized data, and monetize it for USDC rewards while preserving privacy.[1][2][3][4] It serves both consumers and B2B clients like Figment, Ledger, Ledn, Zapper, Primex Finance, and Index Coop, solving the problem of centralized data exploitation by enabling criteria-gated data pools for targeted insights, personalized campaigns, loyalty rewards, and higher ROI without accessing personal identifiers.[1][3] Oamo targets Web3 sectors including DeFi, NFTs, Gaming, and Wallets, helping businesses attract high-value customers, boost retention, and gain actionable analytics to supercharge growth.[1][3]
From ideation to Mainnet launch in just 10 months, Oamo demonstrates rapid momentum, piecing together decentralized technologies for seamless consumer and business experiences.[3]
Oamo was co-founded by Yannick Folla, its CEO, who brings extensive Web3 experience from nearly four years at Figment and co-founding 0x Society, Canada’s first NFT gallery in Montreal, which he continues to run as a non-profit with Bianca Lessard.[3] The idea emerged from Folla's entrepreneurial drive to return to startups after Figment, aiming to create a platform where consumers control and monetize their anonymized data in exchange for rewards and offers, flipping the traditional data economy model.[2][3][4]
Early traction built quickly: Oamo launched on Mainnet in 10 months, executing its original architecture as planned, and secured partnerships with key Web3 players like Figment and Ledger, establishing it as a B2B service provider with consumer-facing tools.[3]
Oamo rides the Web3 data sovereignty trend, decentralizing control from Big Tech to users amid rising privacy demands and regulations like GDPR, enabling a fairer data economy.[2][4] Its timing aligns with maturing DeFi, NFTs, Gaming, and Wallet ecosystems hungry for compliant, high-quality user data without privacy risks.[1][3]
Market forces favoring Oamo include blockchain's scalability advances and token incentives (e.g., USDC), which lower barriers for consumer participation while giving businesses ROI-driven tools.[3] By partnering with infrastructure leaders, Oamo influences the ecosystem, fostering trusted data flows that accelerate Web3 adoption and power user-centric growth.
Oamo's Mainnet success and B2B traction position it for expansion into more Web3 verticals, potentially scaling data pools and AI-driven insights as decentralized identity standards evolve.[3] Trends like zero-knowledge proofs and regulatory clarity on data ownership will amplify its edge, evolving it from a broker to a core Web3 data infrastructure layer.
As Web3 leaders seek privacy-first growth, Oamo stands ready to supercharge it—turning user data from a liability into a shared asset.[1]