Optera

Boulder, United States Founded: 2006 • Age: 20 yrs
Online platform to track, manage and achieve emissions goals
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About Optera

Optera is a company based in Boulder (United States) founded in 2006 by Ty Colman and Tim Weiss.. Optera has raised $25.65 million across 5 funding rounds from investors including Angel List, Overture Networks and Next Frontier Capital. The company has 15 employees as of December 31, 2021. Optera offers products and services including ESG Insights, Supply Chain Manager, CSRD Reporting Tools, Direct-Use Product Emissions Database, and Emissions Management Tool. Optera operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.

  • Headquarter Boulder, United States
  • Employees 15 as on 31 Dec, 2021
  • Founders Ty Colman, Tim Weiss
  • Sectors
    Environment
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Environment → Environmental Management & Pollution Control
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $25.65 M (USD)

    in 5 rounds

  • Latest Funding Round
    $12 M (USD), Series A

    Sep 11, 2023

  • Investors
    Angel List

    & 11 more

  • Employee Count
    15

    as on Dec 31, 2021

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Products & Services of Optera

Optera offers a comprehensive portfolio of products and services, including ESG Insights, Supply Chain Manager, CSRD Reporting Tools, Direct-Use Product Emissions Database, and Emissions Management Tool. 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

Tool for analyzing emissions and resource trends for strategic decisions.

Platform for tracking supplier emissions and engagement activities.

Software for generating audit-ready sustainability reports.

Database providing emissions data for products and supply chains.

Tool for consolidating and managing scope emissions data.

People of Optera
Headcount 50-200
Employee Profiles 27
Board Members and Advisors 3
Employee Profiles
People
Alexa Ghiz
Consultant
People
Miranda Davis
Consultant
People
Emiola Banwo
Senior Product Designer
People
Thanavath Jaroenvanit
Principal Software Engineer

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Board Members and Advisors
people
Melissa Cheong
Board Member
people
Adrian Tuck
Board Member
people
Kirsten Suddath
Board Member

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Funding Insights of Optera

Optera has successfully raised a total of $25.65M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Series A — $12.0M
  • First Round

    (04 Nov 2020)

  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2023 Amount Series A - Optera Valuation Next Frontier Capital
Apr, 2023 Amount Series A - Optera Valuation

investors

Feb, 2022 Amount Seed - Optera Valuation Next Frontier Capital
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 Optera

Optera has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Angel List, Overture Networks and Next Frontier Capital. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are provided to technology-driven startups.
Founded Year Domain Location
Tech and offline focused VC firm investing in geographies such as the US
Founded Year Domain Location
Accelerator and venture capital firm
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 Optera

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 - Optera

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

Optera Comparisons

Employees
+
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Competitors of Optera

Optera 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 UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, 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
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
IT outsourcing services are delivered across multiple business lines.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
Multi-access edge networking computing platform is provided for mobile services.
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 Optera

Frequently Asked Questions about Optera

When was Optera founded?

Optera was founded in 2006 and raised its 1st funding round 14 years after it was founded.

Where is Optera located?

Optera is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.

Who is the current CEO of Optera?

Tim Weiss is the current CEO of Optera. They have also founded this company.

Is Optera a funded company?

Optera is a funded company, having raised a total of $25.65M across 5 funding rounds to date. The company's 1st funding round was a Seed of $4.18M, raised on Nov 04, 2020.

How many employees does Optera have?

As of Dec 31, 2021, the latest employee count at Optera is 15.

What does Optera do?

Optera was founded in 2006 in Boulder, United States, within the sustainability sector. An online platform is operated to track, manage, and achieve emissions goals. Emissions inventories are handled through data analytics, with energy, water, waste, and material data captured and stored. Data is modeled, and emission scopes are calculated automatically based on industry practices and reporting standards.

Who are the top competitors of Optera?

Optera's top competitors include Happiest Minds, Mavenir and GirnarSOFT.

What products or services does Optera offer?

Optera offers ESG Insights, Supply Chain Manager, CSRD Reporting Tools, Direct-Use Product Emissions Database, and Emissions Management Tool.

Who are Optera's investors?

Optera has 12 investors. Key investors include Angel List, Overture Networks, Next Frontier Capital, Blackhorn Ventures, and Mucker.

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