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.
- Total Equity Funding$36M (USD)
in 2 rounds
- Latest Funding Round$25M (USD), Series B
Oct 2007
- Investors
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.
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.
Apps and channels of Optimal Technologies
its YouTube channel Qoitech has 622 subscribers and 30 videos.
Videos from Optimal Technologies
The most watched videos on Optimal Technologies's YouTube channel, Qoitech (622 subscribers). Click a video to play it here.
More on Qoitech.
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 $36M
- Total Rounds 2
- Last Round Series B — $25M
- First Round $11M
(Jun 2004)
- Investors Count 1
All 2 funding rounds of Optimal Technologies 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 |
|---|---|---|---|---|---|
| Oct 2007 | $25M | Series B | – | – | |
| Jun 2004 | $11M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Optimal Technologies
Optimal Technologies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Goldman Sachs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States |
Investor details for Optimal Technologies
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.
Timeline of Optimal Technologies
3 dated milestones of Optimal Technologies across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Optimal Technologies is founded.
- Funding First funding round of $11.0M.
- Funding Latest funding round, Series B, of $25.0M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| accure.net | 2020 | Aachen, Germany | $34.53M | – | 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 | |
| modoenergy.com | 2019 | Birmingham, United Kingdom | $20.29M | 21 | Platform for battery energy storage analysts | |
| voltaiq.com | 2012 | Berkeley, United States | $12.05M | 36 | Battery data management SaaS platform is provided for analytics. | |
| irasus.com | 2018 | Gurugram, India | $621,171 | – | AI-driven battery analytics for electric mobility and storage are provided. | |
| novars.jp | 2015 | Chiyoda, Japan | $1.17M | – | IoT-based consulting and services for businesses are provided. | |
| elysia.co | 2010 | Wantage, United Kingdom | – | – | Provides AI and electrochemistry solutions for battery management and optimization in various applications. | |
| dartboardenergy.com | 2024 | San Francisco, United States | $500,000 | – | Provider of analytics platform for grid-scale battery |
Detailed competitors of Optimal Technologies
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.
Web traffic of Optimal Technologies
Websites that share an audience with Optimal Technologies (otii.com).
Websites whose visitors overlap most with Optimal Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details |
Similar companies to Optimal Technologies
10 companies that operate in the same segment as Optimal Technologies (Energy Storage Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
EV charging station network is operated for vehicle users. | 2017 | Munchen, Bayern, Germany | USD 791 M | – | – | |
Platform offering smart electric vehicle charging solutions | 2018 | London, England, United Kingdom | USD 63.18 M | – | – | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 1.88 B | – | – | |
Provider of electric vehicle charging solutions | 2009 | London, England, United Kingdom | USD 58.39 M | – | – | |
Monta is recognized as a provider of EV charging software solutions. | 2020 | Copenhagen, Denmark | USD 134.51 M | – | – | |
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
Portable electric vehicle charging solutions are developed and provided. | 2014 | Boston, Massachusetts, United States | USD 104.86 M | – | 50 | |
Provider of solar integrated power storage system | 2010 | Wildpoldsried, Bavaria, Germany | USD 168.42 M | USD 132.91 M | – | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | – | USD 34.18 M | 177 |
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Frequently Asked Questions about Optimal Technologies
Optimal Technologies was founded in 2000 and raised its 1st funding round 4 years after it was founded.
Optimal Technologies is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
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 2004.
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.
Optimal Technologies's top competitors include Modo Energy, ACCURE Battery Intelligence and Irasus Technologies.
Optimal Technologies offers Otii Arc Pro, Otii Ace Pro, Otii Battery Toolbox, and Otii Automation Toolbox.
Optimal Technologies has 1 investor. Key investors include Goldman Sachs.
Optimal Technologies operates through Qoitech Ab.