About Optio3
Optio3 is a company based in Seattle (United States) founded in 2016 was acquired by CoreStack in September 2022. Optio3 has raised $6.37 million across 3 funding rounds from investors including CoreStack and McKinstry. Optio3 operates in a competitive market with competitors including Particle, Signify, Landis+Gyr, Span.IO and PowerSecure, among others.
- Headquarter Seattle, United States
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Sectors
Business ServicesEnergy & Utilities Technology
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People of Optio3
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Software Development Team
35 people
Product Management Team
11 people
Human Resources and Administration
6 people
Advisor Team
5 people
Senior Team
5 people
Data Analysis and Operations Team
4 people
Sales and Marketing
4 people
Leadership Team
4 people
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Funding Insights of Optio3
Optio3 has successfully raised a total of $6.37M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $570 thousand completed in May 2020. 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.
Investors in Optio3
Optio3 has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include CoreStack and McKinstry.
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Building systems integration and energy services are delivered nationwide.
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AI-powered cloud governance and optimization are facilitated across multi-cloud environments.
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Investor details for Optio3
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Investments & Acquisitions by Optio3
Investment portfolio details for Optio3
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Financial Statements - Optio3
Detailed financials for Optio3
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Optio3 Comparisons
Peer comparison for Optio3
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Competitors of Optio3
Optio3 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 Particle, Signify, Landis+Gyr, Span.IO and PowerSecure, among others.
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Smart panels for home energy management are provided by Span.IO.
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Energy efficiency and smart grid management solutions
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Automotive lighting equipment is manufactured by Osram in Germany.
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Detailed competitors of Optio3
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Latest news on Optio3
Complete news archive for Optio3
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Frequently Asked Questions about Optio3
Optio3 was founded in 2016.
Optio3 is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Optio3 is a funded company, having raised a total of $6.37M across 3 funding rounds to date.
Optio3 helps building managers to monitor and manage connected devices installed in their facilities, including thermostats, light switches and heating and air-conditioning systems. Their IoT based web platform integrates all kind of IoT devices from different manufacturers for intelligent control and monitoring in commercial facilities. Currently, Optio3 is testing its technology in a private beta with colleges, hotels and other buildings in the Greater Seattle and Bay Area. The company hopes to open a wider beta trial in early 2017.
Optio3's top competitors include Particle, Landis+Gyr and Signify.