Leave It to Stiira: Pioneering Leave Management Solutions

When the founding team of Stiira Corporation identified a significant gap in the market for affordable leave management software, they knew they had found their calling. Established in February 2023, Stiira has quickly positioned itself as a leader in Leave Management SaaS, turning challenges into opportunities with a unique approach.

“Our journey with Stiira started back in 2020 while we were working for an HR outsourcing company,” the team shared. “We saw firsthand the struggles employers were facing and decided to build a solution that provides both simplicity and efficiency.” Their mission? To partner with customers and equip them with the tools they need to navigate the complexities of leave management.

SBDC: The Resource Every Startup Deserves

Launching a startup during unprecedented times is no small feat, but Stiira found a crucial ally in the Oregon Small Business Development Center (SBDC). “As a new startup that launched in one of the most difficult times to raise funds, the SBDC was instrumental in helping us understand all the funding options available to us,” they noted.

By collaborating with the Capital Access Team (CAT), Stiira gained essential insights into business finance and local funding landscapes. “Their thorough approach helped us meticulously examine our financial model, which was pivotal in deciding the best path forward,” they explained.

Hitting Funding Home Runs

The results of Stiira’s efforts and partnership with the SBDC have been remarkable. They secured $460,000 in investment on their way to a $1 million raise, with a significant milestone achieved during their 2024 pitch competition roadshow. “We won first place at TiE Oregon’s Westside Pitch, Pitch Willamette, and Pegasus Lightning Round III, which has propelled us forward on the investor circuit,” the team celebrated.

These accomplishments have not only boosted their funding but also enhanced their visibility and credibility in the market. With several new clients onboard, they are on track to achieve over 200% revenue growth in their second year—a testament to their resilience and strategic approach.

Confidence for the Future

Stiira’s experience with the SBDC has fostered newfound confidence and clarity. “We’ve gained a deeper understanding of our future financing options, which has empowered us significantly,” they shared. With tailored coaching and guidance on their investor pitch, the team secured vital introductions to local investors, further propelling their growth.

“Now that we’ve secured funding, we’re boosting product development and launching major feature releases,” they continued. “We’ve signed several new customers, built integrations, and secured partnerships, laying the groundwork for rapid scaling in 2025 and beyond.”

Don’t Leave Opportunity on the Table

Stiira’s inspiring journey underscores the importance of leveraging available resources and partnerships. For small business owners contemplating whether to work with the SBDC, the team has a clear message: “The SBDC is an invaluable free resource that every small business in Oregon should consider. Their knowledgeable advisors provide expert guidance on crucial areas for startups, from business planning to fundraising.”

With 20 centers located throughout the state, the Oregon SBDC is ready to assist other small businesses in achieving their goals!

To learn more about Stiira Corporation and explore their innovative leave management solutions, visit stiira.com.