Option3

Bengaluru, India Founded: 2012 • Age: 14 yrs
Cognitive automation and data analytics solutions are provided for organizations.
Annual revenue - Latest available
Total funding - 1 rounds
Employees 107 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Option3

Option3 is a company based in Bengaluru (India) founded in 2012 by Payeli Ghosh, Rajmohan Harindranath, Shreyas Chandrahasan, Kris Subramanian, and Sudhir Sen. It operates as a SaaS (Software-as-a-Service) and Professional Services. The company has 107 employees as of April 05, 2024. Option3 offers products and services including JiffyRPA and JiffyTest. Option3 operates in a competitive market with competitors including UiPath, HyperScience, Automation Anywhere, Blue Prism and Aisera, among others.

  • Headquarter Bengaluru, India
  • Employees 107 as on 05 Apr, 2024
  • Founders Payeli Ghosh, Rajmohan Harindranath, Shreyas Chandrahasan, Kris Subramanian, Sudhir Sen
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Option3
  • Date of Incorporation 14 Nov, 2012
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Robotics, Automation & Advanced Manufacturing Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$895.17 (USD)
    57.09
    as on Mar 31, 2022
  • EBITDA
    -$466.91 (USD)
    61.08
    as on Mar 31, 2022
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    107

    as on Apr 05, 2024

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Products & Services of Option3

Option3 offers a comprehensive portfolio of products and services, including JiffyRPA and JiffyTest.

Product name locked
Category locked
Primary

Intelligent automation platform for enterprise process optimization tasks.

Product name locked
Category locked
Locked

Automation tool designed for efficient software testing processes.

Funding Insights of Option3

Investors in Option3

Option3 has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CreedCap Asia Advisors.

All
Institutional
Investor Description Founded Year Domain Location
Small & middle market focused boutique investment bank
Locked Locked Locked
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Investor details for Option3

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Investments & Acquisitions by Option3

Investments
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Investment portfolio details for Option3

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  • Transaction dates
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Financial Statements - Option3

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Detailed financials for Option3

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  • Profit trends
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Option3 Comparisons

Option3 Primary company
Description
Cognitive automation and data analytics solutions are provid...
Location
Bengaluru, India
Founded Year
2012
Annual Revenue
Not available
Net Profit
-$895.17 (USD)
EBITDA
-$466.91 (USD)
Employees
107
As of 2024
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Peer comparison for Option3

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of Option3

Option3 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 UiPath, HyperScience, Automation Anywhere, Blue Prism and Aisera, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based robotic process automation software is developed and provided.
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Document processing is automated through AI-based robotic platforms.
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An AI-based platform for robotic process automation is provided.
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Cloud-based platform for cognitive automation
Locked Locked Locked
AI agent platform for enterprise task automation is provided.
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Provider of robotic process automation and chatbot solutions to automate work processes
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Detailed competitors of Option3

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Latest news on Option3

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Complete news archive for Option3

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Option3

Option3 was founded in 2012 and raised its 1st funding round 6 years after it was founded.

Option3 is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

As of Apr 05, 2024, the latest employee count at Option3 is 107.

Option3 is focused on delivering intelligent robotic process automation through its flagship platform, JiffyRPA. Solutions are provided across various sectors including banking, retail, manufacturing, insurance, travel, healthcare, finance, HR, IT operations, and customer service. The company is recognized for integrating AI-powered automation to address complex business challenges. Operations are supported in regions like Asia Pacific and the Americas, ensuring broad accessibility to its innovative tools and services.

Option3's top competitors include UiPath, HyperScience and Automation Anywhere.

Option3 offers JiffyRPA and JiffyTest.

Option3 has 1 investor. Key investors include CreedCap Asia Advisors.

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