About Optessa
Optessa is a company based in Edmonton (Canada) founded in 2001 was acquired by Eyelit Technologies in February 2024. Optessa operates in a competitive market with competitors including Flexciton, Skydisc, Neewee, Taylor Manufacturing Systems and BoldIQ, among others.
- Headquarter Edmonton, Canada
- SectorsIndustrial Goods & Manufacturing
- Website optessa.com
- Social LinkedIn X Facebook
- Acquired by Eyelit Technologies (Feb 2024)
- Legal Name Optessa Solutions Private Limited
- Date of Incorporation 07 Jun, 2010
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹4.82 Cr
FY 2025 · -64% YoY
- Net Profit₹46.3 Lakh
FY 2025 · 10% margin
- EBITDA₹83.3 Lakh
FY 2025 · 17% margin
- InvestorsBDC
& 1 more
- Acquired byEyelit Technologies
(Feb 2024)
Associated legal entities of Optessa
Optessa operates through Optessa Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Optessa Solutions Private Limited CIN U72900PN2010FTC136507 | Active | 07 Jun 2010 | Pune, Maharashtra | ₹4.8 Cr | – | 2 | View details |
Funding Insights of Optessa
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Optessa with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2005 | – | Seed | – | BDC | – |
2 investors in total: 2 institutional.
Investors in Optessa
Optessa has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include BDC and Eyelit Technologies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada | |
Manufacturing execution software is provided to optimize production efficiency. | – | eyelit.ai | Holmdel, United States |
Investor details for Optessa
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Optessa Solutions Private Limited (Optessa)
Optessa Solutions Private Limited is the primary company behind Optessa. The board of Optessa Solutions Private Limited currently have 2 directors; the longest-serving is Erwin Savio Paes, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Erwin Savio Paes DIN 07953123 | Director | 28 Sep 2017 | 9 yrs | Optessa Solutions Private Limited |
| Ravpreet Grover DIN 10671268 | Director | 19 Jun 2024 | 2 yrs 3 mo | Optessa Solutions Private Limited |
People of Optessa
1 people are tracked at Optessa (1 in leadership).
| Name | Role | Group |
|---|---|---|
Allan MacKenzie | Chairman | Leadership |
Complete people profiles for Optessa
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Optessa
Figures of Optessa Solutions Private Limited, the primary company behind Optessa, for FY 2025. Revenue was ₹4.82 Cr (-64% year on year). Net profit was ₹46.3 Lakh (10% margin). EBITDA was ₹83.3 Lakh (17% margin). Revenue has grown at a compounded annual rate of +20% over three years and +15% over five years.
- ₹4.82 CrRevenue · FY 2025 · -64% YoY
- ₹46.3 LakhNet profit · 10% margin
- ₹83.3 LakhEBITDA · 17% margin
- ₹40.8 LakhPaid-up capital
- +20%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Optessa Solutions Private Limited are on its company page.
Detailed financial statements for Optessa
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Optessa
3 dated milestones of Optessa across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Optessa is founded.
- Funding First funding round.
- Exit Acquired by Eyelit Technologies.
Competitors of Optessa
Optessa 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 Flexciton, Skydisc, Neewee, Taylor Manufacturing Systems and BoldIQ, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flexciton.com | 2016 | London, United Kingdom | $25.14M | 39 | AI-powered production planning and scheduling are enabled for manufacturing. | |
| skydisc.jp | 2013 | Fukuoka, Japan | $15.18M | – | Digital transformation solutions for manufacturing industries are provided. | |
| neewee.ai | 2014 | Bengaluru, India | $8.63M | 53 | AI-powered predictive analytics and production management are provided for manufacturing. | |
| taylor.com | 1996 | St. Louis, United States | – | 8,407 | Production scheduling software is provided for manufacturing enterprises. | |
| boldiq.com | 2008 | Bellevue, United States | $7.65M | – | Real-time resource scheduling software is provided for enterprise optimization. | |
| factorybucket.com | 2017 | London, Canada | $149,153 | 11 | Enterprise resource planning software is offered for manufacturing operations. | |
| arima.com | 1994 | Quebec, Canada | – | – | Production planning is optimized by Arima's AI-based Syncrun platform. | |
| planettogether.com | 2003 | Encinitas, United States | – | 27 | Scheduling, planning, and analytics software for manufacturers is provided. |
Detailed competitors of Optessa
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Optessa
Complete news archive for Optessa
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Optessa
10 companies that operate in the same segment as Optessa (Manufacturing Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | – | – | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Hexagon is recognized for delivering advanced measurement and automation technologies. | 1980 | Stockholm, Sweden | – | USD 6.52 B | – | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Cloud-based 3D CAD system is accessed via web browsers. | 2012 | Cambridge, Massachusetts, United States | USD 348.69 M | USD 695.52 K | – | |
AI-powered data science platform enables model deployment and analytics insights. | 1985 | Troy, United States | USD 35.05 M | – | – | |
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Manufacturing solutions are provided for industrial and consumer sectors. | 2018 | Bengaluru, Karnataka, India | USD 857.1 M | USD 1.71 B | 1,248 | |
Equipment rental marketplace and digital tools for construction are offered. | 2014 | Columbia, United States | USD 806.48 M | USD 4.38 B | – | |
Modular hardware and software platform for industrial automation is provided. | 2016 | Montreal, Quebec, Canada | USD 263.41 M | – | – |
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Frequently Asked Questions about Optessa
Optessa was founded in 2001 and raised its 1st funding round 4 years after it was founded.
Optessa is headquartered in Edmonton, Canada. It is registered at Edmonton, Alberta, Canada.
The primary company behind Optessa, Optessa Solutions Private Limited, reported revenue of ₹4.82 Cr for FY 2025, down 64% year on year.
Optessa was founded in 2001 in Edmonton, Canada, where web-based software solutions for assembly planning, scheduling, and sequencing are developed for manufacturing sectors. Products such as Optessa MLP for multi-plant demand and capacity planning, Optessa MLS for assembly line sequencing, and Optessa RTS for real-time scheduling are provided. Industries served include automotive OEMs and suppliers, semiconductors, electronics, appliances, and consumer packaged goods, along with logistics and analytics firms.
Optessa has 2 investors. Key investors include BDC, and Eyelit Technologies.
Optessa operates through Optessa Solutions Private Limited.
Yes. Optessa was acquired by Eyelit Technologies in February 2024.
The legal entities of Optessa currently have 2 directors, including Erwin Savio Paes, Ravpreet Grover.