Skip to content

Canada's Business and Tech Newsroom

  • Professional Subscription
  • Partnerships & Advertising
  • Licensing & Syndication
Log In Subscribe
Welcome,
  • My Account
  • Log Out
  • Business
  • Tech
  • National
  • The Big Read
  • Briefings
  • Commentary
Search
Log In Subscribe
Welcome,
  • My Account
  • Log Out
News

Katherine Homuth’s new startup wants to capture your company’s memories

TORONTO — SRTX founder Katherine Homuth is starting a new company called Oomira to create “simulation engines” from archived company data.

News

Katherine Homuth’s new startup wants to capture your company’s memories

The SRTX founder and former CEO is back with a new company that will create “real-world simulation engines” based on reams of company data

By Aimée Look
Katherine Homuth, CEO of SRTX
SRTX CEO Katherine Homuth on stage at The Logic Summit in Toronto in October, 2024. Photo: Christopher Katsarov Luna for The Logic
May 13, 2025
A A
A Small A Medium A Large
Share

Gift

Share

TORONTO — SRTX founder Katherine Homuth is starting a new company called Oomira to create “simulation engines” from archived company data.

Oomira will help companies “capture” the memory of an organization, Homuth wrote on Substack. “We’re running companies with amnesia,” she added. “We don’t remember what happened. We remember versions of it. Messy, conflicting, and scattered across inboxes, tools, decks, and egos.”

Talking Points

  • Katherine Homuth, the founder and former CEO of SRTX, announced she’s starting a new company, Oomira, which will charge firms US$50,000 to archive their data and create “simulation engines”
  • It’s been just over a month since Homuth left SRTX—the maker of Sheertex pantyhose—where she was open online about the company’s struggles to raise money

The startup, Homuth claimed, will timeline and archive the decisions a company has made, along with the people and relationships behind the work, to create a “real-world simulation engine” to model decisions.

The idea for Oomira came about last August, when Homuth sat down to write an AI-assisted script about her former company, she told The Logic. She wanted to create a coherent narrative, but said the level of hallucination was “like asking a drunk stranger to explain your life.”

Related Articles

SRTX has a deal to raise roughly US$40M as it scrambles to stave off insolvency

By Aimée Look and Catherine McIntyre
Katherine Homuth, CEO of SRTX

SRTX blames tariff threat as it cuts 40% of its staff

By Aimée Look

SRTX founder gets real: ‘Sheertex is not profitable—not even close’

By Aimée Look

She frequently used ChatGPT over the past year, and though it “superpowered” her work, she was “constantly frustrated” with the amount of time it took her to re-explain things. With Oomira, Homuth says, she’s creating an infrastructure layer underneath AI chatbots. 

Right now, she says she’s designing an interface that will archive data to help clients understand how they can best automate their systems. The goal is to create a self-service beta by the fall, she said.

Oomira is already taking on a small number of clients for its archival services, Homuth said, targeted at companies that have “been around long enough” to forget who made decisions, and why they were made in the first place. Homuth’s startup will charge companies US$50,000 to archive their history—US$25,000 to reserve their spot, and the other US$25,000 “when we get to you.”

“I genuinely believe ‘archivist’ will be this decade’s version of the community manager: first seen as eccentric, then suddenly in demand, and eventually built into the infrastructure of every serious company,” Homuth said, and likened the process to hiring a historian, detective and simulation architect.

Oomira doesn’t have any investors on board yet, nor any funding talks in the works—though Homuth told The Logic that this was “by design.” Instead of being worried about when the next round of funding will close, she’s using customer revenue to fund the company. That way, the pressure remains on building, she claims. 

She’s building the company solo with a few specialized contractors, she said, and setting up remotely in Toronto. “I’m not interested in building a bloated org chart; I’m building infrastructure,” she said.

Homuth stepped down as CEO of Montreal-based textiles firm SRTX—which makes Sheertex pantyhose—in late March. Her departure was part of a deal with investors to raise around US$40 million, The Logic first reported. The funding would allow SRTX to avoid insolvency, which was expected to hit as soon as April. 

Homuth’s departure came after the company laid off 40 per cent of its 350-person workforce in February—which Homuth attributed to impending tariffs from the U.S. and delayed capital raises. At the end of 2024, Homuth had said SRTX was “not even close” to being profitable, and that the firm was looking for one big investment—at least another US$32 million to scale production.

In announcing Oomira, Homuth also gave some new details about her time at SRTX in a LinkedIn post. She claimed the company was months from profitability. She also appears to hit back at criticism of her previous social media posts, some of which laid bare the struggles of being a startup founder. At the end of 2024, Homuth said she found her “actual” voice online—instead of just the “sanitized, investor-friendly one.” After raising hundreds of millions of dollars, she suggested her success had “earned the right” to be open and vulnerable. “Spoiler: it didn’t,” she added.

Being transparent about the company’s struggles isn’t always welcomed, she said. And the reasons she isn’t a part of SRTX are “layered,” she added.

Gift the full article

“Goodbye, Sheertex. You taught me a lot. Most of it useful. Much of it painful. You very nearly killed me,” she wrote. And as for Oomira: “It’s ambitious. It’s early. And I’ve never been more sure of anything I’ve built.”

#startups #Tech

Loading...

Thanks for sharing!

You have shared 5 articles this month and reached the maximum amount of shares available.

Close
This account has reached its share limit.

If you would like to purchase a sharing license please contact The Logic support at [email protected].

Close
Want to share this article?

Upgrade to all-access now

Close
Gift the full article!

You have gifted 0 article(s) this month and have 5 remaining.

Copy link and gift
Copy Link
Email to a friend
Send Email
Gift on Social Media

Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.

Katherine Homuth, CEO of SRTX

Photo: Christopher Katsarov Luna for The Logic

Most Popular This Week

A man wearing a dark shirt is pictured against a brick wall. He is looking directly into the camera. with a serious facial expression.
The Big Read

How Sheldon McCormick brought Communitech back from the brink

By Catherine McIntyre
A skyscraper on Bay Street in Toronto, viewed from street level looking up, with a traffic light and street sign in the foreground against a blue sky with clouds.
Analysis

Canada’s AI hiring boom has reached Bay Street’s top executives

By Chaimae Chouiekh
A shot from above of five people clustered around a table, all working on near-identical laptop computers. Their computer bags lie on the floor and some are wearing yellow lanyards.
News

1 in 3 professionals are using unauthorized AI on the job, global survey finds

By Anita Balakrishnan
A head-on shot of James Neufeld seated with others at a round table in a meeting room. Eleanor Olszewski is seated to his left. There's a laptop open in front of Neufeld.
News

For this Alberta tech firm, ‘Buy Canadian’ isn’t working as advertised

By David Reevely

In-depth, agenda-setting reporting

Great journalism delivered straight to your inbox.

An image of a sign outside of a high-rise building that reads Bank of Canada, Banque du Canada. Green foliage is visible in the background.
News

Banks must share account numbers and product data under draft open banking rules

By Claire Brownell

Briefing

Carney plans to discuss US$135B defence bank with new U.K. prime minister

By Chaimae Chouiekh   |   Jun 26, 2026 | 3:42 PM ET

B.C. nearing federal MOU of its own as talks continue on Alberta’s West Coast pipeline

By Meghan Potkins   |   Jun 26, 2026 | 2:59 PM ET

Quebecor urges CRTC to block Corus restructuring as part of takeover push

By Laura Osman   |   Jun 26, 2026 | 1:22 PM ET

Best business newsletter in Canada

Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

Exclusive events

See the bigger picture with reporters and industry experts in subscriber-exclusive events.

Membership in The Logic Council

Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

Recent Popular Stories

Analysis

It turns out Trump does need something from Canada—aluminum

By Joanna Smith   |   Jun 25, 2026
A close-up of a made-in-Canada stamp on the end of a cylindrical piece of raw aluminum.
Exclusive

Ssense has laid off photo and make-up teams and says AI will do much of their work

By Catherine McIntyre   |   Jun 22, 2026
News

Alberta to free up a huge amount of power to attract Big Tech and its data centres

By Meghan Potkins   |   Jun 24, 2026
A wide landscape shot of high-tension power lines over green and golden fields in rolling countryside.
News

Canada gets low returns from events like the World Cup. Ottawa wants to know why

By Laura Osman   |   Jun 19, 2026
A wide shot of the Vancouver skyline shot from the east, featuring the Science World geodesic dome painted as a FIFA 2026 World Cup soccer ball. B.C. Place stadium appears on the right side of the frame.
News

What makes a nuclear reactor Canadian? Billions of dollars ride on the answer

By David Reevely   |   Jun 23, 2026
A bowl-shaped structure surrounded by concrete barriers. A white sign with a blue Westinghouse logo is suspended across one side of the structure.
News

How a former Russian TV anchor ended up suing Canada’s go-to rocket company

By David Reevely   |   Jun 22, 2026
A shot across an expanse of low forest of a rocket launching into blue skies.

Canada's most influential executives and policymakers are reading The Logic

  • CPP Investments
  • Sun Life Financial
  • C100
  • Amazon
  • Telus
  • Mastercard
  • bdc
  • Shopify
  • Rogers
  • RBC
  • General Motors
  • MaRS
  • Government of Canada
  • Uber
  • Loblaw Companies Limited
logic-logo

Canada's Business and Tech Newsroom

100% human-crafted journalism

Newsroom

  • News Tips
  • AI Policy
  • Editorial Disclosures
  • Story Pitches

Company

  • About Us
  • Terms of Service
  • Privacy Statement
  • Corporate Information

Contact

  • Contact Us
  • Advertise
  • FAQs
  • Work at The Logic

© 2026 The Logic Inc. All Rights Reserved.

Trusted by leaders

Error

Account creation failed.

Please email us at [email protected].

Create Account

[wppb-register form_name=”cozmo-registration-form-for-modal”]

I do have an account
Login
or

[wppb-login]

I don’t have an account