About Weoptit
Weoptit is a company based in Helsinki (Finland) founded in 2013 by Olli Braysy was acquired by Visma in May 2018.. Weoptit operates in a competitive market with competitors including Gurobi, Maplesoft, Harmonic, Optilogic and Artelys, among others.
- Headquarter Helsinki, Finland
- Founders Olli Braysy
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Funding Insights of Weoptit
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Weoptit
Weoptit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Visma. 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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Cloud-based ERP software is provided for business management across segments.
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Founded Year | Domain | Location |
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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 Weoptit
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Weoptit
| 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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Weoptit Comparisons
Competitors of Weoptit
Weoptit 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 Gurobi, Maplesoft, Harmonic, Optilogic and Artelys, 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 |
Optimization solvers for mathematical programming are developed by Gurobi.
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System-level modeling and analysis tools are developed for engineering applications.
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AI-based solutions for maths learning are provided by Harmonic.
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| domain | founded_year | HQ Location |
Cloud-based optimization solutions are provided for management and collaboration needs.
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| domain | founded_year | HQ Location |
Optimization solvers for industrial problems are provided by Artelys.
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Optical and quantum-inspired devices are developed for optimization solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Weoptit
When was Weoptit founded?
Weoptit was founded in 2013.
Where is Weoptit located?
Weoptit is headquartered in Helsinki, Finland.
Who is the current CEO of Weoptit?
Joonas Ollila is the current CEO of Weoptit.
What does Weoptit do?
Weoptit was founded in 2013 in Helsinki, Finland, as a provider of optimization platforms. Solutions are offered to help organizations improve decisions, reduce waste, and increase profitability. An existing set of optimization engines and software libraries is utilized to deliver customized applications for business challenges in various sectors. Operations focus on software-based tools tailored to client needs.
Who are the top competitors of Weoptit?
Who are Weoptit's investors?
Weoptit has 1 investor. Key investors include Visma.