About Octeract
Octeract is a company based in London (United Kingdom) founded in 2017.. Octeract offers products and services including Decision Engine and Autonomous Routing System. Octeract operates in a competitive market with competitors including Gurobi, Maplesoft, Harmonic, Optilogic and Artelys, among others.
- Headquarter London, United Kingdom
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Octeract Limited
- Date of Incorporation 20 Nov, 2017
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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Latest Funding Round
- Investors
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Employee Count
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Products & Services of Octeract
Octeract offers a comprehensive portfolio of products and services, including Decision Engine and Autonomous Routing System. 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.
Platform for data-driven predictions and business optimization in operations
System that optimizes delivery routes using mathematical models
Funding Insights of Octeract
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2018 | Amount | Seed - Octeract | Valuation | Entrepreneur First |
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| 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 Octeract
Octeract has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Entrepreneur First. 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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Provider of a program turning individuals into funded technology company founders
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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 Octeract
| 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 - Octeract
| 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 |
Octeract Comparisons
Competitors of Octeract
Octeract 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 Gurobi, Maplesoft, Harmonic, Optilogic and Artelys, 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 |
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| domain | founded_year | HQ Location |
Optimization solvers for mathematical programming are developed by Gurobi.
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System-level modeling and analysis tools are developed for engineering applications.
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AI-based solutions for maths learning are provided by Harmonic.
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Cloud-based optimization solutions are provided for management and collaboration needs.
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Optimization solvers for industrial problems are provided by Artelys.
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| domain | founded_year | HQ Location |
Optical and quantum-inspired devices are developed for optimization solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Octeract
When was Octeract founded?
Octeract was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Octeract located?
Octeract is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
What does Octeract do?
Octeract was founded in 2017 in London, United Kingdom, and operates in the mathematical optimization sector. The companys core offering, Octeract Engine, functions as parallel deterministic global optimization software. Problems addressed include linear and non-linear types, alongside quantitative models, natural language processing, and deep learning applications. Services focus on delivering robust solutions for complex computational challenges in these areas.
Who are the top competitors of Octeract?
What products or services does Octeract offer?
Octeract offers Decision Engine and Autonomous Routing System.
Who are Octeract's investors?
Octeract has 1 investor. Key investors include Entrepreneur First.