About Optii Solutions
Optii Solutions is a Technology company based in Austin (United States) founded in 2006, and was acquired by MCR Hotels in December 2021. Cloud-based software is provided for managing hotel housekeeping schedules. It operates in the Technology and Travel & Hospitality sectors. Optii Solutions has raised $6.7 million across 3 funding rounds from investors including Thayer Ventures, NextGen Venture Partners and MCR Hotels. Its chief executive, as recorded, is Katherine Grass. Optii Solutions offers products and services including Housekeeping Solution, Maintenance Solution, Chat Solution, Service Solution, and Guest Engagement Solution. Its focus areas include Travel and Hospitality Tech, Hotel IT, Operations Management and Housekeeping. Its competitors include RingCentral, Fuze and Vonage; 3 of its 3 listed competitors have raised funding.
Company details
Optii Solutions was founded in 2006 and is headquartered in Austin, United States. Operations focus on the hospitality software sector, where cloud-based housekeeping management tools are developed for hotels. Real-time scheduling is enabled through analysis of room types and guest profiles, with cleaning times optimized accordingly. Integration with various devices is supported, and the service is delivered via a SaaS pricing model.
- Headquarters Austin, United States
- Stage Acquired
- SectorsTechnologyTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website optiisolutions.com
- Social LinkedIn X Facebook
- Acquired by MCR Hotels (Dec 2021)
- Total Equity Funding$6.7M (USD)
in 3 rounds
- Latest Funding Round$4M (USD), Series A
Jun 2018
- InvestorsThayer Ventures
& 7 more
- Acquired byMCR Hotels
(Dec 2021)
Products & Services of Optii Solutions
Optii Solutions offers a comprehensive portfolio of products and services, including Housekeeping Solution, Maintenance Solution, Chat Solution, Service Solution, and Guest Engagement Solution.
Optimizes labor and cleaning sequences for hotel efficiency.
Improves asset condition and engineer productivity in hotels.
Facilitates team messaging and reduces errors in hotel operations.
Tracks job activities for better hotel service delivery.
Enhances guest communication through messaging features.
Funding Insights of Optii Solutions
Optii Solutions has successfully raised a total of $6.7M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in June 2018. 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 $6.7M
- Total Rounds 3
- Last Round Series A — $4M
- Investors Count 7
All 3 funding rounds of Optii Solutions 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 2018 | $4M | Series A | – | Thayer Ventures, Kinetic Ventures | |
| Apr 2016 | $2.7M | Series A | – | Camber Creek, Select Venture Partners | – |
| Jun 2015 | Seed | – | MetaProp NYC | – |
8 investors in total: 8 institutional.
Investors in Optii Solutions
Optii Solutions has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Thayer Ventures, NextGen Venture Partners and MCR Hotels.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused VC firm | 2007 | thayerventures.com | San Francisco, United States | |
Early-stage investments are made in US companies across key sectors. | kineticventures.com | Atlanta, United States | ||
Venture capital investments are directed toward multiple sectors. | 2011 | nextgenvp.com | Baltimore, United States | |
| selectventurepartners.com | ||||
HOF Capital is engaged in venture capital investments. | hofcapital.com | New York, United States | ||
Venture capital fund focused on tech startups | cambercreek.com | Washington, Dc, United States | ||
MetaProp is recognized as a leading PropTech venture capital firm. | metaprop.org | New York, USA | ||
Operator of standalone hotel | 2006 | mcrhotels.com | New York, United States |
Investor details for Optii Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Optii Solutions
10 people are tracked at Optii Solutions (6 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Katherine Grass | CEO | Leadership |
Dino Pietropaolo | Chief Technology Officer | Leadership |
Juan Carlos Parra | Global Customer Success Director | Leadership |
Wendy Zapach | Chief Revenue Officer (CRO) | Leadership |
Carlo Chancelien | Senior Director Of Sales | Leadership |
Jami Poe | Senior Director of Sales | Leadership |
Andrew Welch | Senior Back End Developer | Team |
Zaid Aqeel | Implementation Project Manager & Customer Success | Team |
Anne-Marie Eales | Implementation Manager/ Customer Support | Team |
Mark Bleyerveld | Back End Developer | Team |
Complete people profiles for Optii Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Optii Solutions
4 dated milestones of Optii Solutions across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Optii Solutions is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $4.0M.
- Exit Acquired by MCR Hotels.
Competitors of Optii Solutions
Optii Solutions has 3 listed competitors in our database, 3 of them funded. They include RingCentral, Fuze and Vonage.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ringcentral.com | 1999 | Belmont, United States | $44M | 4,084 | Cloud-based unified communication solutions are offered to diverse sectors. | |
| fuze.com | 2006 | Boston, United States | $542.81M | 771 | Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions. | |
| vonage.com | 2001 | Holmdel, United States | $644.57M | 1,089 | Provider of contact center business communication solutions |
Detailed competitors of Optii Solutions
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- Full competitor set
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Web traffic of Optii Solutions
The website of Optii Solutions (optiisolutions.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▲ 43.8% vs previous month
Top companies in Cybersecurity & Data Protection
3 companies that operate in the same segment as Optii Solutions (Cybersecurity & Data Protection) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 7,330 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 |
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Related news about Optii Solutions
Complete news archive for Optii Solutions
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Frequently Asked Questions about Optii Solutions
Optii Solutions was founded in 2006 and raised its 1st funding round 9 years after it was founded.
Optii Solutions is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Katherine Grass is the CEO of Optii Solutions, as recorded in our data.
Optii Solutions is a funded company, having raised a total of $6.7M across 3 funding rounds to date.
Optii Solutions was founded in 2006 and is headquartered in Austin, United States. Operations focus on the hospitality software sector, where cloud-based housekeeping management tools are developed for hotels. Real-time scheduling is enabled through analysis of room types and guest profiles, with cleaning times optimized accordingly. Integration with various devices is supported, and the service is delivered via a SaaS pricing model.
Optii Solutions's top competitors include RingCentral, Vonage and Fuze.
Optii Solutions offers Housekeeping Solution, Maintenance Solution, Chat Solution, Service Solution, and Guest Engagement Solution.
Optii Solutions has 8 investors. Key investors include Thayer Ventures, NextGen Venture Partners, MCR Hotels, Kinetic Ventures, and Select Venture Partners.
Yes. Optii Solutions was acquired by MCR Hotels in December 2021.