About OptimHire
OptimHire is a company based in Union City (United States) founded in 2018.. OptimHire has raised $12.96 million across 3 funding rounds from investors including Mucker, SparkLabs and Citta Capital. The company has 91 employees as of March 27, 2024. OptimHire offers products and services including Job Search Platform and Referral Program. OptimHire operates in a competitive market with competitors including We are Developers, Zartis, Talents Arena, Untapt and Get on Board, among others.
- Headquarter Union City, United States
- Employees 91 as on 27 Mar, 2024
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Optimhire Software Solutions Private Limited
- Date of Incorporation 30 Oct, 2021
- Jurisdiction Khairatabad, Telangana, India
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Annual Revenue
$1.02 M (USD)297.91as on Mar 31, 2023
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Net Profit
$35.73 K (USD)2327.58as on Mar 31, 2023
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EBITDA
$52.69 K (USD)2378.34as on Mar 31, 2023
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Total Equity Funding
$12.96 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Series A
Mar 13, 2025
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Investors
Mucker
& 4 more
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Employee Count
91
as on Mar 27, 2024
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Products & Services of OptimHire
OptimHire offers a comprehensive portfolio of products and services, including Job Search Platform and Referral Program. 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.
Platform for users to search and post job listings online.
Program allowing users to refer jobs and earn cash rewards.
Funding Insights of OptimHire
OptimHire has successfully raised a total of $12.96M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in March 2025. 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 — $5.0M
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First Round
First Round
(01 Jun 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series A - OptimHire | Valuation | Mucker | |
| Apr, 2024 | Amount | Series A - OptimHire | Valuation |
investors |
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| Jun, 2021 | Amount | Seed - OptimHire | Valuation | Mucker |
| 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 OptimHire
OptimHire has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Mucker, SparkLabs and Citta Capital. 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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Accelerator and venture capital firm
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital fund investing in pre-seed and seed stage startups
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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 OptimHire
| 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 - OptimHire
| 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 |
Optimhire Comparisons
Competitors of OptimHire
OptimHire 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 We are Developers, Zartis, Talents Arena, Untapt and Get on Board, 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 |
Online job board platform for IT jobs
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| domain | founded_year | HQ Location |
Tech jobs are matched to candidates through an online platform.
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| domain | founded_year | HQ Location |
Talents Arena is recognized as an AI-based recruitment technology platform.
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| domain | founded_year | HQ Location |
Tech talent is matched automatically with fintech employers.
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| domain | founded_year | HQ Location |
Tech jobs are matched through an online portal for professionals.
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| domain | founded_year | HQ Location |
Tech talent is connected to enterprises via job listings.
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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 Optimhire
Frequently Asked Questions about OptimHire
When was OptimHire founded?
OptimHire was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is OptimHire located?
OptimHire is headquartered in Union City, United States.
Is OptimHire a funded company?
OptimHire is a funded company, having raised a total of $12.96M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Jun 01, 2021.
How many employees does OptimHire have?
As of Mar 27, 2024, the latest employee count at OptimHire is 91.
What is the annual revenue of OptimHire?
Annual revenue of OptimHire is $1.02M as on Mar 31, 2023.
What does OptimHire do?
OptimHire was founded in 2018 and is based in Union City, United States. An online job portal focused on the IT sector is operated, supporting contract, client payroll, and fixed-price hiring models. Resumes and introductory videos are uploaded by candidates, enabling selection from pre-screened profiles by clients. Subscriptions are structured on per-hire or monthly usage terms, facilitating recruitment operations in the technology industry.
Who are the top competitors of OptimHire?
OptimHire's top competitors include Dice, We are Developers and Untapt.
What products or services does OptimHire offer?
OptimHire offers Job Search Platform and Referral Program.
Who are OptimHire's investors?
OptimHire has 5 investors. Key investors include Mucker, SparkLabs, Citta Capital, Pitbull Ventures, and VSC Ventures.
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