About Optym
Optym is a company based in Dallas (United States) founded in 2000 by Ravi Ahuja. It operates as a SaaS (Software-as-a-Service). The company has 174 employees as of April 03, 2024. Optym offers products and services including Spot Match, Dispatch CoPilot, Route Forge, and Consolidation. Optym operates in a competitive market with competitors including Freight Tiger, Logospot, Transporeon, Shipwell and 3GTMS, among others.
- Headquarter Dallas, United States
- Employees 174 as on 03 Apr, 2024
- Founders Ravi Ahuja
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Optym India Private Limited
- Date of Incorporation 04 Jan, 2013
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$8.32 M (USD)40.49as on Mar 31, 2023
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Net Profit
$727.53 K (USD)66.19as on Mar 31, 2023
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EBITDA
$1.1 M (USD)54.13as on Mar 31, 2023
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Latest Funding Round
Not available
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Investors
Plug and Play Tech Center
& 2 more
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Employee Count
174
as on Apr 03, 2024
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Products & Services of Optym
Optym offers a comprehensive portfolio of products and services, including Spot Match, Dispatch CoPilot, Route Forge, and Consolidation.
Spot opportunities are surfaced based on capacity and targets.
Live operations are monitored with real-time disruption adjustments.
Multi-day tours are built for delivery and driver needs.
Partial loads are combined into efficient multi-stop driver routes.
People of Optym
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Funding Insights of Optym
Investors in Optym
Optym has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Plug and Play Tech Center, Venture 53 and National Science Foundation.
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Venture 53 is focused on supply chain and logistics investments.
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Startups are accelerated and invested in across multiple tech sectors.
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A government-backed foundation providing seed-stage investments to support small businesses.
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Investor details for Optym
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Investments & Acquisitions by Optym
Investment portfolio details for Optym
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Financial Statements - Optym
Detailed financials for Optym
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Optym Comparisons
Peer comparison for Optym
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Competitors of Optym
Optym 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 Freight Tiger, Logospot, Transporeon, Shipwell and 3GTMS, among others.
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Freight and logistics are managed via web-based platform.
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SaaS-based transport management solutions are provided by LogiSpot.
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Cloud-based transport management solutions are provided for logistics enterprises.
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Online booking platform for freight transportation
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Transportation management systems are provided for third-party logistics firms.
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Cloud-based transportation management systems are provided for multimodal logistics.
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Detailed competitors of Optym
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Latest news on Optym
Complete news archive for Optym
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Frequently Asked Questions about Optym
Optym was founded in 2000 and raised its 1st funding round 4 years after it was founded.
Optym is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
As of Apr 03, 2024, the latest employee count at Optym is 174.
Annual revenue of Optym is $8.32M as on Mar 31, 2023.
Transportation optimization software is developed by Optym to enhance efficiency in freight and logistics sectors. Solutions are offered for full truckload, less-than-truckload, rail, and air transport. Network design, intelligent planning, and real-time execution are supported through AI-powered tools. Operations across truckload, pickup delivery, and rail networks are improved with decision intelligence. Key challenges like routing, scheduling, and load consolidation are addressed to reduce costs and increase throughput. Industry expertise is combined with advanced technology to serve diverse transportation modes.
Optym's top competitors include Freight Tiger, Descartes and Shipwell.
Optym offers Spot Match, Dispatch CoPilot, Route Forge, and Consolidation.
Optym has 3 investors. Key investors include Plug and Play Tech Center, Venture 53, and National Science Foundation.