About AD OPT
AD OPT is a company based in Montreal (Canada) founded in 1999 was acquired by IBS Software Services in May 2019.. AD OPT offers products and services including Crew Pairing, Crew Rostering, and Manpower Planning. AD OPT operates in a competitive market with competitors including ARCOS, Crewline, Lean Systems, UTWiz and DutyDroid, among others.
- Headquarter Montreal, Canada
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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Latest Funding Round
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Investors
Kronos
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Employee Count
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Products & Services of AD OPT
AD OPT offers a comprehensive portfolio of products and services, including Crew Pairing, Crew Rostering, and Manpower Planning. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Builds optimized crew pairings for airline efficiency.
Generates efficient rosters to ensure crew satisfaction.
Strategically forecasts crew resources for airlines.
Funding Insights of AD OPT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AD OPT
AD OPT has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Kronos and IBS Software Services. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Software solutions are provided for airline, hospitality, and logistics sectors.
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HCM software solutions for enterprise workforce management are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by AD OPT
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AD OPT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ad Opt Comparisons
Competitors of AD OPT
AD OPT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ARCOS, Crewline, Lean Systems, UTWiz and DutyDroid, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile workforce management software is provided for utilities and airlines.
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Mobile app for flight crew scheduling and opentime management.
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| domain | founded_year | HQ Location |
Cloud-based scheduling and route optimization solutions are provided for logistics.
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| domain | founded_year | HQ Location |
Offers apps for airport crew transport, analytics, and congestion management.
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| domain | founded_year | HQ Location |
Android app for airline crew duty scheduling and management.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ad Opt
Frequently Asked Questions about AD OPT
When was AD OPT founded?
AD OPT was founded in 1999.
Where is AD OPT located?
AD OPT is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
What does AD OPT do?
AD OPT was founded in 1999 in Montreal, Canada, as a division focused on crew planning for the airline sector. Solutions are delivered for crew pairing, bidding, productivity analysis, and rostering to support operational needs worldwide. Services are utilized by clients including Air Transat, Air Canada, Qantas, Mesaba Airline, Etihad Airways, and Atlas Air. In 2015, the CORS Omond Solandt Award was granted for contributions to operational research.
Who are the top competitors of AD OPT?
AD OPT's top competitors include ARCOS, Lean Systems and Aeroster.
What products or services does AD OPT offer?
AD OPT offers Crew Pairing, Crew Rostering, and Manpower Planning.
Who are AD OPT's investors?
AD OPT has 2 investors. Key investors include Kronos, and IBS Software Services.
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