About Optimal Technologies
Optimal Technologies is a company based in Raleigh (United States) founded in 2000.. Optimal Technologies has raised $36 million across 2 funding rounds from investors including Goldman Sachs. Optimal Technologies offers products and services including Otii Arc Pro, Otii Ace Pro, Otii Battery Toolbox, and Otii Automation Toolbox. Optimal Technologies operates in a competitive market with competitors including ACCURE Battery Intelligence, Modo Energy, Voltaiq, Irasus Technologies and Novars, among others.
- Headquarter Raleigh, United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
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- Legal Name Qoitech Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$36 M (USD)
in 2 rounds
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Latest Funding Round
$25 M (USD), Series B
Oct 30, 2007
- Investors
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Employee Count
Employee Count
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Products & Services of Optimal Technologies
Optimal Technologies offers a comprehensive portfolio of products and services, including Otii Arc Pro, Otii Ace Pro, Otii Battery Toolbox, and Otii Automation Toolbox. 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.
Device for measuring and analyzing power in embedded electronics.
Instrument for current measurements and power profiling.
Tool for profiling and emulating batteries in devices.
Platform for automating power measurements in workflows.
Funding Insights of Optimal Technologies
Optimal Technologies has successfully raised a total of $36M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in October 2007. 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 2
- Last Round Series B — $25.0M
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First Round
First Round
(01 Jun 2004)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2007 | Amount | Series B - Optimal Technologies | Valuation |
investors |
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| Jun, 2004 | Amount | Series A - Optimal Technologies | Valuation |
investors |
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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 Optimal Technologies
Optimal Technologies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Goldman Sachs. 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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Investment banking services are delivered across multiple financial 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 Optimal Technologies
| 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 - Optimal Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Optimal Technologies Comparisons
Competitors of Optimal Technologies
Optimal Technologies 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 ACCURE Battery Intelligence, Modo Energy, Voltaiq, Irasus Technologies and Novars, 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 |
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| domain | founded_year | HQ Location |
Provider of a software company that provides predictive battery analytics solutions to optimize the performance and safety of battery systems in energy storage, electric vehicles, and other industries
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| domain | founded_year | HQ Location |
Platform for battery energy storage analysts
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| domain | founded_year | HQ Location |
Battery data management SaaS platform is provided for analytics.
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| domain | founded_year | HQ Location |
AI-driven battery analytics for electric mobility and storage are provided.
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| domain | founded_year | HQ Location |
IoT-based consulting and services for businesses are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Optimal Technologies
When was Optimal Technologies founded?
Optimal Technologies was founded in 2000 and raised its 1st funding round 4 years after it was founded.
Where is Optimal Technologies located?
Optimal Technologies is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
Is Optimal Technologies a funded company?
Optimal Technologies is a funded company, having raised a total of $36M across 2 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Jun 01, 2004.
What does Optimal Technologies do?
Optimal Technologies was founded in 2000 and is headquartered in Raleigh, United States. Operations focus on the utility sector, where software and hardware solutions are developed for analyzing, managing, designing, and operating electric power networks, data networks, pipelines, and supply-demand chains. An analytics platform is offered to deliver insights from hardware-collected data for utility applications.
Who are the top competitors of Optimal Technologies?
Optimal Technologies's top competitors include Modo Energy, ACCURE Battery Intelligence and Irasus Technologies.
What products or services does Optimal Technologies offer?
Optimal Technologies offers Otii Arc Pro, Otii Ace Pro, Otii Battery Toolbox, and Otii Automation Toolbox.
Who are Optimal Technologies's investors?
Optimal Technologies has 1 investor. Key investors include Goldman Sachs.