AD OPT

Montreal, Canada Founded: 1999 • Age: 27 yrs Acquired By IBS Software Services
Optimization solutions for airline crew planning are provided globally.
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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
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Aviation & Specialized Tech Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Kronos

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    IBS Software Services

    & 1 more

    (May 19, 2019)

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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.

Primary

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
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Institutional
Investor Description Founded Year Domain Location
Software solutions are provided for airline, hospitality, and logistics sectors.
Founded Year Domain Location
HCM software solutions for enterprise workforce management are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AD OPT

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - AD OPT

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ad Opt Comparisons

Employees
+
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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.
domain founded_year HQ Location
Mobile app for flight crew scheduling and opentime management.
domain founded_year HQ Location
Cloud-based scheduling and route optimization solutions are provided for logistics.
domain founded_year HQ Location
Offers apps for airport crew transport, analytics, and congestion management.
domain founded_year HQ Location
Android app for airline crew duty scheduling and management.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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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