Optiva

Mississauga, Canada Founded: 1999 • Age: 27 yrs Acquired By Qvantel
Cloud-based billing solutions are provided via Optivas platform.

About Optiva

Optiva is a company based in Mississauga (Canada) founded in 1999 was acquired by Qvantel in December 2025.. The company has 413 employees as of December 31, 2024. Optiva has completed 1 acquisition, including Orga Systems. Optiva offers products and services including Optiva BSS Platform, Optiva Charging Engine, Optiva Partner Monetization, and Optiva MVNO Hubs. Optiva operates in a competitive market with competitors including Neusoft, Synchronoss, Cerillion, AsiaInfo and Iconectiv, among others.

  • Headquarter Mississauga, Canada
  • Employees 413 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Optiva Inc.
Operational Areas
Telecommunications → Telecommunications Software & Platforms
Key Metrics
  • Annual Revenue
    $44.83 M (USD)
    0.59
    as on Dec 31, 2024
  • Net Profit
    $-18.74 M (USD)
    -62.97
    as on Dec 31, 2024
  • EBITDA
    $-6.64 M (USD)
    -2860.51
    as on Dec 31, 2024
  • Latest Funding Round
    $19.85 M (USD), Post-IPO

    Apr 01, 2021

  • Investors
    HSBC

    & 3 more

  • Employee Count
    413

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    Qvantel

    (Dec 31, 2025)

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IPO & Listings of Optiva

Optiva is a publicly listed company on the TSX with ticker symbol OPT in Canada, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSX · Ticker: OPT . Sector: Technology services · Canada

Products & Services of Optiva

Optiva offers a comprehensive portfolio of products and services, including Optiva BSS Platform, Optiva Charging Engine, Optiva Partner Monetization, and Optiva MVNO Hubs. 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.

Primary

Manages telecom business operations and digital services.

Handles real-time charging for telecom networks.

Enables revenue generation through partner ecosystems.

Supports virtual network operations and subscriber management.

People of Optiva
Headcount 500-1000
Employee Profiles 74
Board Members and Advisors 8
Employee Profiles
People
Aisling Delaney
Engineering Manager
People
Dusan Vuckovic
Director - Information Technology Services
People
Nizamuddin Mohammad
Senior Manager
People
Alexey Ivanenko
Software Engineering Manager

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Board Members and Advisors
people
Robert Stabile
Chairman
people
Pat Di Pietro
Board Member
people
Simon Parmar
Board Member
people
Barry Symons
Board Member

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Funding Insights of Optiva

  • Total Funding
  • Total Rounds 5
  • Last Round Post-IPO — $19.9M
  • First Round

    (27 Jun 2005)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2021 Amount Post-IPO - Optiva Valuation

investors

Nov, 2020 Amount Post-IPO - Optiva Valuation

investors

Sep, 2017 Amount Post-IPO - Optiva Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Optiva

Optiva has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include HSBC, Qvantel and OceanLink Management. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
OceanLink Management is engaged in private investment partnerships.
Founded Year Domain Location
Tech & Life-Sciences focused Growth stage Venture Debt Firm investing in North America
Founded Year Domain Location
Universal banking and financial advisory services are provided globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Optiva

Optiva has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Orga Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Convergent charging and billing software is supplied internationally.
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Optiva

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Optiva Comparisons

Employees
+
Add Comparison
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Competitors of Optiva

Optiva 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 Neusoft, Synchronoss, Cerillion, AsiaInfo and Iconectiv, 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
IT solutions and services are provided to multiple industries.
domain founded_year HQ Location
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
domain founded_year HQ Location
Cloud-based billing and customer management solutions are provided for businesses.
domain founded_year HQ Location
OSS/BSS and IT services are provided to the telecommunications sector.
domain founded_year HQ Location
Interconnection technology and clearinghouse solutions for telecom carriers are provided.
domain founded_year HQ Location
Billing and charging solutions are provided for telecommunications operators.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Optiva

Frequently Asked Questions about Optiva

When was Optiva founded?

Optiva was founded in 1999 and raised its 1st funding round 6 years after it was founded.

Where is Optiva located?

Optiva is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.

How many employees does Optiva have?

As of Dec 31, 2024, the latest employee count at Optiva is 413.

What is the annual revenue of Optiva?

Annual revenue of Optiva is $44.83M as on Dec 31, 2024.

What does Optiva do?

Optiva was established in 1999 and is headquartered in Mississauga, Canada. A cloud-based platform is operated by the company to deliver billing solutions within the telecommunications sector. Core components include the Revenue Management Suite and Charging Engine, which support revenue handling and charging processes. Additional managed services encompass service creation, system integration, testing, launch support, and consulting. These elements facilitate operational efficiency for clients in the industry.

Who are the top competitors of Optiva?

Optiva's top competitors include Iconectiv, Cerillion and Matrixx.

What products or services does Optiva offer?

Optiva offers Optiva BSS Platform, Optiva Charging Engine, Optiva Partner Monetization, and Optiva MVNO Hubs.

Is Optiva publicly traded?

Yes, Optiva is publicly traded on TSX under the ticker symbol OPT.

How many acquisitions has Optiva made?

Optiva has made 1 acquisition, including Orga Systems.

Who are Optiva's investors?

Optiva has 4 investors. Key investors include HSBC, Qvantel, OceanLink Management, and MMV Financial.

What is Optiva's ticker symbol?

The ticker symbol of Optiva is OPT on TSX.

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