OpenMDAO

Cleveland, United States Founded: 2008 • Age: 18 yrs
Provides an open-source framework for advanced optimization solutions.

About OpenMDAO

OpenMDAO is a company based in Cleveland (United States) founded in 2008. It operates as a B2B. OpenMDAO operates in a competitive market with competitors including NAG, Functor Reality, Vanderplaats, ALGLIB and Modelica, among others.

  • Headquarter Cleveland, United States
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Funding Insights of OpenMDAO

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

Investments & Acquisitions by OpenMDAO

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 - OpenMDAO

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

Openmdao Comparisons

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Competitors of OpenMDAO

OpenMDAO 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 NAG, Functor Reality, Vanderplaats, ALGLIB and Modelica, 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.

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Provider of a library for optimizing problems
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Offers object-oriented language and tools for cyber-physical system modeling.
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Develops optimization modeling languages and solvers for business and educational use.
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.

Latest news on Openmdao

Frequently Asked Questions about OpenMDAO

When was OpenMDAO founded?

OpenMDAO was founded in 2008.

Where is OpenMDAO located?

OpenMDAO is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.

What does OpenMDAO do?

OpenMDAO provides an open-source framework for advanced optimization solutions, focusing on leveraging cutting-edge technology, software, open source, and optimization frameworks. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of OpenMDAO?

OpenMDAO's top competitors include NAG, Functor Reality and Vanderplaats.

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