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
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Sectors
TechnologyTravel & Hospitality
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.7 M (USD)
in 3 rounds
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Latest Funding Round
$4 M (USD), Series A
Jun 26, 2018
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Investors
Thayer Ventures
& 7 more
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Employee Count
Employee Count
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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. 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.
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.
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $4.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series A - Optii Solutions | Valuation | Thayer Ventures , Kinetic Ventures | |
| Apr, 2016 | Amount | Series A - Optii Solutions | Valuation | Camber Creek , Select Venture Partners |
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| Jun, 2015 | Amount | Seed - Optii Solutions | Valuation | MetaProp NYC |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| Investor | Description | Founded Year | Domain | Location |
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US focused VC firm
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Founded Year | Domain | Location | |
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Early-stage investments are made in US companies across key sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Optii Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Optii Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Optii Solutions Comparisons
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. 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 |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Provider of contact center business communication solutions
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Cloud-based software for unified collaboration and messaging is provided.
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| domain | founded_year | HQ Location |
Cloud-based platform for enterprise web conferencing and collaboration is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Optii Solutions
Frequently Asked Questions about Optii Solutions
When was Optii Solutions founded?
Optii Solutions was founded in 2006 and raised its 1st funding round 9 years after it was founded.
Where is Optii Solutions located?
Optii Solutions is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of Optii Solutions?
Katherine Grass is the current CEO of Optii Solutions.
Is Optii Solutions a funded company?
Optii Solutions is a funded company, having raised a total of $6.7M across 3 funding rounds to date.
What does Optii Solutions do?
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.
Who are the top competitors of Optii Solutions?
Optii Solutions's top competitors include Webex, Bandwidth and RingCentral.
What products or services does Optii Solutions offer?
Optii Solutions offers Housekeeping Solution, Maintenance Solution, Chat Solution, Service Solution, and Guest Engagement Solution.
Who are Optii Solutions's investors?
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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