Opti

Boston, United States Founded: 2014 • Age: 12 yrs Acquired By Aliaxis
Continuous monitoring and adaptive control solutions
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About Opti

Opti is a company based in Boston (United States) founded in 2014 was acquired by Aliaxis in November 2022.. Opti has raised $5.5 million across 1 funding round from investors including Aliaxis, MassCEC and Geosyntec. The company has 14 employees as of December 31, 2022. Opti offers products and services including Opti Platform. Opti operates in a competitive market with competitors including Fathom Global, Mapistry, 2NDNATURE, StormSensor and AQUALIS, among others.

  • Headquarter Boston, United States
  • Employees 14 as on 31 Dec, 2022
  • Sectors
    Environment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Optirtc, Inc.
Operational Areas
Environment → Environmental Management & Pollution Control
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5.5 M (USD), Series A

    Feb 02, 2017

  • Investors
    Aliaxis

    & 5 more

  • Employee Count
    14

    as on Dec 31, 2022

  • Acquired by
    Aliaxis

    (Nov 02, 2022)

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Products & Services of Opti

Opti offers a comprehensive portfolio of products and services, including Opti Platform. 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

Cloud-based system for monitoring and controlling stormwater runoff efficiently.

People of Opti
Headcount 10-50
Employee Profiles 8
Board Members and Advisors 1
Employee Profiles
People
Alex Bedig
Co-Founder & VP, Technology
People
Nick Lertola
Software Engineer
People
David Rubinstein
CEO & President
People
Andrew Kurzweil
Senior Iot Engineer

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Funding Insights of Opti

Opti has successfully raised a total of $5.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.5 million completed in February 2017. 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 1
  • Last Round Series A — $5.5M
  • First Round

    (02 Feb 2017)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2017 Amount Series A - Opti Valuation Ecosystem Integrity Fund
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 Opti

Opti has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Aliaxis, MassCEC and Geosyntec. 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
-
Founded Year Domain Location
Renewal Funds is engaged in impact investing for sustainable change.
Founded Year Domain Location
Accelerator & incubator focused on clean energy firms
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 Opti

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 - Opti

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

Opti Comparisons

Employees
+
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Competitors of Opti

Opti 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 Fathom Global, Mapistry, 2NDNATURE, StormSensor and AQUALIS, 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
Flood mapping and risk analytics solutions are provided worldwide.
domain founded_year HQ Location
Software platform for stormwater and hazardous materials compliance is offered.
domain founded_year HQ Location
Cloud-based stormwater management platform is provided for urban infrastructure.
domain founded_year HQ Location
Develops IoT-enabled technologies to track and prevent stormwater pollution and flooding.
domain founded_year HQ Location
Stormwater management solutions are provided by AQUALIS for diverse sectors.
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 Opti

Frequently Asked Questions about Opti

When was Opti founded?

Opti was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is Opti located?

Opti is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Is Opti a funded company?

Opti is a funded company, having raised a total of $5.5M across 1 funding round to date. The company's 1st funding round was a Series A of $5.5M, raised on Feb 02, 2017.

How many employees does Opti have?

As of Dec 31, 2022, the latest employee count at Opti is 14.

What does Opti do?

Continuous monitoring and adaptive control solutions. Products offered are OptiNimbus- integrates cloud systems, sensors flow-controls in the field for weather forecasting, prevent flooding reducing sewer overflows OptiCumulus- augments OptiNimbus installations bu integrating on-site sensors measurement devices for rapid environmental monitoring analysis Opti Platform- connects distributed stormwater systems to a single cloud management solution. The Opti Platform can be used for data dashboarding, real-time alerts about maintenance, data export reporting, and API for community awareness.

Who are the top competitors of Opti?

Opti's top competitors include Fathom Global, Mapistry and 2NDNATURE.

What products or services does Opti offer?

Opti offers Opti Platform.

Who are Opti's investors?

Opti has 6 investors. Key investors include Aliaxis, MassCEC, Geosyntec, MissionPoint Partners, and Renewal Funds.

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