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

Sponsored Content

How to shift your workforce from AI experimentation to adoption

By Jessica Aftimus Rosa

The real-world economic offshoots of sovereign AI

By Deborah Aarts
Illustration of a plane flying above a mailbox

Increasing healthcare access across Canada

By Deborah Aarts
Paid promotional content

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

Close-up of a red American roadside call box marked “Made in the U.S.A.,” with a blurred semi-truck approaching on Gordie Howe International Bridge.
News

U.S. industry leaders plead for truce as tariff fight escalates

By Anita Balakrishnan
Exterior of a University of Toronto building
News

Canadian universities are still struggling to commercialize their research, new data shows

By Catherine McIntyre
A head-on shot of Mark Carney at a lectern embossed with a maple leaf carved from wood. There is a row of Canadian flags behind him, and he's looking at the camera with a serious expression.
News

How Mark Carney plans to wage trade war against the United States

By Laura Osman and Murad Hemmadi
A shot from the bottom of a flight of red brick stairs of Dominic LeBlanc emerging from a building, with Janice Charette and Mark Wiseman in single file behind him.
News

Canada pulls out of trade talks at last moment, citing ‘unfair’ changes by U.S.

By Laura Osman

In-depth, agenda-setting reporting

Great journalism delivered straight to your inbox.

An RBC storefront sign with blue and gold lion-and-globe-logo, mounted on a dark building facade above a street in Toronto, as pedestrians pass by.
News

Canada’s Big Six shrug off the impacts of the trade war

By Chaimae Chouiekh

Briefing

Canadian contractors brace for retaliatory duties on U.S. nuts and bolts

By Joanna Smith   |   Aug 28, 2026

Blue Owl leads deal to lend Iren US$2.4B to buy equipment for B.C. data centre

By Claire Brownell   |   Aug 28, 2026

Rare earth firm Cyclic Materials raises US$75M for U.S. expansion

By Anita Balakrishnan   |   Aug 28, 2026

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

News

Canadian investors are dumping U.S. government debt for American corporate bonds

By Chaimae Chouiekh   |   Aug 24, 2026
An image of tall buildings against a cloudy blue sky.
News

Canada pulls out of trade talks at last moment, citing ‘unfair’ changes by U.S.

By Laura Osman   |   Aug 22, 2026
A shot from the bottom of a flight of red brick stairs of Dominic LeBlanc emerging from a building, with Janice Charette and Mark Wiseman in single file behind him.
News

How Mark Carney plans to wage trade war against the United States

By Laura Osman and Murad Hemmadi   |   Aug 22, 2026
A head-on shot of Mark Carney at a lectern embossed with a maple leaf carved from wood. There is a row of Canadian flags behind him, and he's looking at the camera with a serious expression.
News

Canadian universities are still struggling to commercialize their research, new data shows

By Catherine McIntyre   |   Aug 25, 2026
Exterior of a University of Toronto building
Commentary

Carmichael: America’s wobbly bonds are Canada’s advantage in the trade war. Here’s why

By Kevin Carmichael   |   Aug 24, 2026
A photo of Mark Carney on his way into a news conference, trailed by Dominic LeBlanc. There is a row of Canadian flags on stands behind the lectern Carney is approaching.
News

Thomson Reuters launches its own AI model to reduce reliance on big tech

By Anita Balakrishnan   |   Aug 24, 2026

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