Optii Solutions

Austin, United States Founded: 2006 • Age: 20 yrs Acquired By MCR Hotels
Cloud-based software is provided for managing hotel housekeeping schedules.
Annual revenue - Latest available
Total funding $6.7M 3 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About Optii Solutions

Optii Solutions is a company based in Austin (United States) founded in 2006 was acquired by MCR Hotels in December 2021. Optii Solutions has raised $6.7 million across 3 funding rounds from investors including Thayer Ventures, NextGen Venture Partners and MCR Hotels. Optii Solutions offers products and services including Housekeeping Solution, Maintenance Solution, Chat Solution, Service Solution, and Guest Engagement Solution. Optii Solutions operates in a competitive market with competitors including RingCentral, Fuze, Vonage, Webex and Wire, among others.

  • Headquarter Austin, United States
  • Sectors
    Technology
    Travel & Hospitality
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Operational Areas
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Travel & Hospitality → Hospitality, Lodging & Accommodation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.7 M (USD)

    in 3 rounds

  • Latest Funding Round
    $4 M (USD), Series A

    Jun 26, 2018

  • Investors
  • Employee Count
    Not available
  • Acquired by
    MCR Hotels

    (Dec 06, 2021)

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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.

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Primary

Optimizes labor and cleaning sequences for hotel efficiency.

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Improves asset condition and engineer productivity in hotels.

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Facilitates team messaging and reduces errors in hotel operations.

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Tracks job activities for better hotel service delivery.

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Enhances guest communication through messaging features.

People of Optii Solutions

Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Katherine Grass
CEO
People
Dino Pietropaolo
Chief Technology Officer
People
Andrew Welch
Senior Back End Developer
People
Zaid Aqeel
Implementation Project Manager & Customer Success

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
US focused VC firm
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Early-stage investments are made in US companies across key sectors.
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Venture capital investments are directed toward multiple sectors.
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Investor details for Optii Solutions

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Investments & Acquisitions by Optii Solutions

Investments
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Investment portfolio details for Optii Solutions

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  • Transaction dates
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Financial Statements - Optii Solutions

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Detailed financials for Optii Solutions

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  • Profit trends
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Optii Solutions Comparisons

Optii Solutions Primary company
Description
Cloud-based software is provided for managing hotel housekee...
Location
Austin, United States
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Optii Solutions

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Competitors of Optii Solutions

Optii Solutions 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 RingCentral, Fuze, Vonage, Webex and Wire, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based unified communication solutions are offered to diverse sectors.
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Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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Provider of contact center business communication solutions
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Solutions for virtual meetings and training sessions are provided.
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Cloud-based software for unified collaboration and messaging is provided.
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Cloud-based platform for enterprise web conferencing and collaboration is offered.
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Detailed competitors of Optii Solutions

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Latest news on Optii Solutions

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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 current CEO of Optii Solutions.

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 Webex, Bandwidth and RingCentral.

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.

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