Calgary, Ab— Metiquity Ventures Leads Investment Round in Calgary’s Black Owl Systems
Metiquity is pleased to announce a $400,000 investment as the lead investor in Black Owl Systems (link: https://www.blackowlsystems.com/), a Calgary-based software startup specializing in advanced lease accounting and management solutions for large enterprise customers.
Our investment comes at a critical time as companies globally continue to adapt to stringent compliance regulations for lease accounting standards such as IFRS 16 and ASC 842. Acceleration of innovation into lease accounting solutions is crucial.
Founded in Calgary by Greg Kautz and his son, Derek Kautz, Black Owl‘s platform helps businesses comply with the latest financial standards, ensuring accuracy and efficiency in lease management and financial reporting.
Early adoption by major corporations, including Fortune 500 companies, underscores Black Owl’s capability to meet the complex and demanding requirements of these customers. This investment underscores Metiquity’s strong endorsement of Black Owl’s potential in the lease accounting software market.
The investment from Metiquity will enable Black Owl to continue to enhance its product, expand its customer support capabilities, and increase its presence in key markets.
“This investment not only provides us with the resources to accelerate our product development but also strengthens our ability to deliver exceptional value to our customers,” said Greg Kautz, CEO of Black Owl. “With Metiquity’s support, we are better positioned to expand our technological capabilities and innovate further in lease accounting solutions.”
“We are thrilled to lead this investment in Black Owl Systems and to continue to support high-potential, local founders who are transforming their industries,” said Bryan Slauko, Partner at Metiquity Ventures. “We believe Black Owl has the potential to transform how businesses manage and comply with complex lease accounting regulations, and we are excited to support their journey towards market leadership.”
For more information about Black Owl Systems, please visit www.blackowlsystems.com.
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