Optel Group

Quebec City, Canada Founded: 1989 • Age: 37 yrs
Provider of Track and Trace solutions for the pharma, medical device and healthcare industries
Annual revenue $8.1M Latest available
Total funding - 2 rounds
Employees 180 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Optel Group

Optel Group is a company based in Quebec City (Canada) founded in 1989. The company has 180 employees as of April 11, 2024. Optel Group has completed 2 acquisitions, including Verify Brand and vanguard-robotics. Optel Group operates in a competitive market with competitors including Asimily, TraceLink, Controlant, VPL and CenTrak, among others.

  • Headquarter Quebec City, Canada
  • Employees 180 as on 11 Apr, 2024
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Optel Vision India Private Limited
  • Date of Incorporation 27 Oct, 2015
  • Jurisdiction Goa, Goa, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $8.08 M (USD)
    1.19
    as on Mar 31, 2023
  • Net Profit
    -$132.26 K (USD)
    -246.45
    as on Mar 31, 2023
  • EBITDA
    $170.75 K (USD)
    -69.38
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    BDC

    & 2 more

  • Employee Count
    180

    as on Apr 11, 2024

  • Investments & Acquisitions
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Funding Insights of Optel Group

Investors in Optel Group

Optel Group has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include BDC, Fondaction and Sustainable Development Technology Canada.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on investing in clean tech sectors
Locked Locked Locked
Offers sustainable finance and REER for individuals and businesses.
Locked Locked Locked
Commercial banking services for small and medium-sized enterprises are provided.
Locked Locked Locked
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Investor details for Optel Group

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Optel Group

Optel Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Verify Brand and vanguard-robotics.

Investments
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Investment portfolio details for Optel Group

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Collaborative robotics solutions for packaging automation are provided.
Locked Locked 2018 Locked
Cloud-enabled supply chain track and trace solutions are provided.
Locked Locked 2005 Locked
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Complete acquisition details for Optel Group

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Financial Statements - Optel Group

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Detailed financials for Optel Group

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Optel Group Comparisons

Optel Group Primary company
Description
Provider of Track and Trace solutions for the pharma, medica...
Location
Quebec City, Canada
Founded Year
1989
Annual Revenue
$8.08 M (USD)
Net Profit
-$132.26 K (USD)
EBITDA
$170.75 K (USD)
Employees
180
As of 2024
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Peer comparison for Optel Group

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Competitors of Optel Group

Optel Group 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 Asimily, TraceLink, Controlant, VPL and CenTrak, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Medical device assets are managed via an online platform.
Locked Locked Locked
Pharmaceutical supply chains are tracked via cloud and AI platforms.
Locked Locked Locked
Cloud-based visibility is offered for cold chain supply management.
Locked Locked Locked
SaaS supply chain management software is provided for life sciences.
Locked Locked Locked
RTLS platform is provided for healthcare asset and patient tracking.
Locked Locked Locked
Serialization software solutions are provided for the pharmaceutical industry.
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Detailed competitors of Optel Group

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Latest news on Optel Group

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Complete news archive for Optel Group

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Frequently Asked Questions about Optel Group

Optel Group was founded in 1989 and raised its 1st funding round 32 years after it was founded.

Optel Group is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.

As of Apr 11, 2024, the latest employee count at Optel Group is 180.

Annual revenue of Optel Group is $8.08M as on Mar 31, 2023.

Provider of Track and Trace solutions for the pharma, medical device, and healthcare industries. The companys proprietary and customized solutions help clients in measuring, inspecting, controlling, and tracking their products. They offer inspection and serialization solutions for the global pharmaceutical industry through their expertise in the fields of engineering, optics, electronic innovation, data processing, mechanics, and robotics. They provide software platform OPTEL Certa to optimize the dispensing solutions for pharmacies and other healthcare organizations.

Optel Group's top competitors include Controlant, Asimily and VPL.

Optel Group has made 2 acquisitions, including Verify Brand, and vanguard-robotics.

Optel Group has 3 investors. Key investors include BDC, Fondaction, and Sustainable Development Technology Canada.

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