FIT Digital funds Oqtor and Logmind

Since its launch in May, FIT Digital has funded already seven digital projects in the Canton de Vaud, the latest two being Logmind and Oqtor. FIT Digital aims to support entrepreneurs who develop digital projects in the Canton of Vaud. The projects must be based on an innovative business model, difficult to imitate and have strong growth potential.

Logmind is a big data analytics platform for visibility and automated insights into unstructured machine log data, using an artificial intelligence approach. As the complexity of IT environments and the volume of unstructured machine data increase exponentially, companies are facing problems to understand and manage their log data effectively. This is where Logmind introduces its proactive and forward-looking tool to enable IT Operations and DevOps teams from companies across diverse industries to gain valuable data insights from their complex IT systems, in a straightforward manner. With Logmind, customers can automate detection of their complex IT issues as well as minimize their effort and precious time spent daily on manual data investigation processes.

The new funds will help us increase the startup’s team from 3 to 5 people as well as organize visits to potential clients and investors. Logmind will also dedicate time and money to its new website.  Getting support from FIT Digital helps to be more visible and credible, as well as to be able to accelerate our marketing and sales efforts in getting initial paying customers explains its founder and CEO Ketevani Zaridze.

Since its creation in 2018, the start-up has achieved several milestones such as product validation and customer contacts, building a small but motivated team and finalizing key product features ready for pilot launch.

Oqtor is an innovative online design tool that uses artificial intelligence to instantly generate beautiful designs tailored to a company’s identity.
 Its design engine automatically understands a company’s branding from their website, social media, images etc. and generates personalized designs ranging from business cards to online ads.
We take pride in saving entrepreneurs’ time worldwide, so they can focus on what they do best: grow their business.

The FIT Digital will help Oqtor mature its technology and make it more accessible to third parties who wish to offer a personalized experience to their customers.
It will also help the startup secure new partnerships with companies with a foothold among small and medium-sized businesses.

Since its creation in 2017, the start-up co-founded by Jérémy Jaques has achieved several milestones, building a prototype version of its design engine and applying its technology to generate personalized business cards. Having seen some traction from customers all around the world, the start-up is now working towards generating other design types.

(Press release/ES)