Optimum Automotive
About Optimum Automotive
Optimum Automotive is a company founded in 2015 was acquired by Shiftmove in October 2024.. Optimum Automotive has raised $15.49 million across 1 funding round from investors including Amundi, Demeter and South Investment Region. Optimum Automotive offers products and services including Fleet Management Platform, Geolocation Service, and Car Sharing Tool. Optimum Automotive operates in a competitive market with competitors including Samsara, Wright Express, Radius, Platform Science and Fleetmatics, among others.
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Products & Services of Optimum Automotive
Optimum Automotive offers a comprehensive portfolio of products and services, including Fleet Management Platform, Geolocation Service, and Car Sharing Tool. 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.
Centralizes vehicle data for cost and efficiency optimization.
Monitors vehicles in real-time for productivity and safety.
Facilitates vehicle sharing to reduce fleet size and costs.
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Funding Insights of Optimum Automotive
Optimum Automotive has successfully raised a total of $15.49M through 1 strategic funding round. The most recent funding activity was a Series A round of $15.49 million completed in November 2019. 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 1
- Last Round Series A — $15.5M
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First Round
First Round
(08 Nov 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2019 | Amount | Series A - Optimum Automotive | Valuation | Demeter |
| 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 |
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Investors in Optimum Automotive
Optimum Automotive has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Amundi, Demeter and South Investment Region. 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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Demeter is recognized as a major European investor in venture capital and private equity for energy and ecological transition.
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Diversified asset management is handled globally from Paris headquarters.
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Offers capital funding and loans to support regional business growth and development.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Optimum Automotive
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Optimum Automotive
| 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 |
Optimum Automotive Comparisons
Competitors of Optimum Automotive
Optimum Automotive 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 Samsara, Wright Express, Radius, Platform Science and Fleetmatics, 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 |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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Employee benefit administration and payment solutions are provided for enterprises.
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Predictive marketing and sales platform
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Provider of integrated solutions for fleet management
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Fleet management solutions are provided for tracking and optimization needs.
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Cloud-based fleet management solutions are provided for transportation operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Optimum Automotive
Frequently Asked Questions about Optimum Automotive
When was Optimum Automotive founded?
Optimum Automotive was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Is Optimum Automotive a funded company?
Optimum Automotive is a funded company, having raised a total of $15.49M across 1 funding round to date. The company's 1st funding round was a Series A of $15.49M, raised on Nov 08, 2019.
What does Optimum Automotive do?
Optimum Automotive was founded in 2015 as a provider of SaaS-based platforms in the automotive sector. Fleet management services are offered for car sharing and carpooling operations. Geolocation tools, including mapping, are included alongside risk prevention features such as taxation compliance. The company operates through its domain optimum-automotive.com, focusing on mobility solutions without specified geographic limitations.
Who are the top competitors of Optimum Automotive?
Optimum Automotive's top competitors include Samsara, Wright Express and Radius.
What products or services does Optimum Automotive offer?
Optimum Automotive offers Fleet Management Platform, Geolocation Service, and Car Sharing Tool.
Who are Optimum Automotive's investors?
Optimum Automotive has 4 investors. Key investors include Amundi, Demeter, South Investment Region, and Shiftmove.