About OPTIMAD
OPTIMAD is a company based in Turin (Italy) founded in 2006 was acquired by ESTECO in August 2024. OPTIMAD offers products and services including mimic, immerFLOW, and romBOX. OPTIMAD operates in a competitive market with competitors including AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, among others.
- Headquarter Turin, Italy
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website optimad.it
- Social LinkedIn YouTube
- Acquired by ESTECO (Aug 2024)
- Legal Name Optimad Srl
- Latest Funding Round$146.99K (USD), Grant
Dec 2019
- InvestorsEuropean Union
& 1 more
- Acquired byESTECO
(Aug 2024)
Products & Services of OPTIMAD
OPTIMAD offers a comprehensive portfolio of products and services, including mimic, immerFLOW, and romBOX.
Tool for complex design projects and optimization scenarios.
Solver for automated simulation cycles on HPC infrastructure.
Platform for real-time complex What-If scenarios analysis.
Apps and channels of OPTIMAD
its YouTube channel OPTIMAD Srl has 67 subscribers and 26 videos.
Videos from OPTIMAD
The most watched videos on OPTIMAD's YouTube channel, OPTIMAD Srl (67 subscribers). Click a video to play it here.
More on OPTIMAD Srl.
Funding Insights of OPTIMAD
- Total Rounds 3
- Last Round Grant — $146,994
- First Round $340,760
(May 2015)
- Investors Count 1
All 3 funding rounds of OPTIMAD 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 |
|---|---|---|---|---|---|
| Dec 2019 | $146,994 | Grant | – | – | |
| Jun 2018 | $410,712 | Grant | – | – | |
| May 2015 | $340,760 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in OPTIMAD
OPTIMAD has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and ESTECO.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Numerical optimization solutions are provided for simulation-driven product design. | 2002 | esteco.com | Trieste, Italy |
Investor details for OPTIMAD
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.
People of OPTIMAD
1 people are tracked at OPTIMAD (1 in leadership).
| Name | Role | Group |
|---|---|---|
Haysam Telib | CEO | Leadership |
Complete people profiles for OPTIMAD
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.
Timeline of OPTIMAD
4 dated milestones of OPTIMAD across 18 years, from founding to its latest funding, stage changes and deals.
- Founded OPTIMAD is founded.
- Funding First funding round of $341K.
- Funding Latest funding round, Grant, of $147K.
- Exit Acquired by ESTECO.
Competitors of OPTIMAD
OPTIMAD 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 AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| unicorn.com | 1990 | Prague, Czech Republic | $12M | – | Software development services are provided by Unicorn in Prague. | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| redshelf.com | 2012 | Chicago, United States | $82.53M | 107 | Platform offering digital textbooks for students | |
| gigster.com | 2013 | Austin, United States | $32.5M | 12 | Software development services are provided via an AI-powered platform. | |
| asiainnovations.com | 2013 | Hangzhou, China | $21M | – | Mobile social and online entertainment products | |
| 3pillarglobal.com | 2006 | Fairfax, United States | $22.52M | 67 | Adaptive software products are developed for business applications. | |
| kontron.com | 1959 | Linz, Austria | $34.6M | 130 | Embedded computing platforms are developed for industrial applications. |
Detailed competitors of OPTIMAD
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 Optimad
Complete news archive for OPTIMAD
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 OPTIMAD
10 companies that operate in the same segment as OPTIMAD (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about OPTIMAD
OPTIMAD was founded in 2006 and raised its 1st funding round 9 years after it was founded.
OPTIMAD is headquartered in Turin, Italy. It is registered at Turin, Piedmont, Italy.
Haysam Telib is the current CEO of OPTIMAD.
OPTIMAD was founded in 2006 in Turin, Italy, as a provider in the IT sector. Software development and system integration services are offered to clients, with operations centered on custom solutions and technology implementations. The company is headquartered in Turin and maintains its online presence at optimad.it. Leadership is provided by CEO Haysam Telib, overseeing activities in the European market.
OPTIMAD's top competitors include RedShelf, Unicorn and Hedgehog lab.
OPTIMAD offers mimic, immerFLOW, and romBOX.
OPTIMAD has 2 investors. Key investors include European Union, and ESTECO.
OPTIMAD operates through Optimad Srl.
Yes. OPTIMAD was acquired by ESTECO in August 2024.