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
- SectorsTechnology
- Email••••••••
- Website weoptit.com
- Social LinkedIn
- Acquired by Visma (May 2018)
Investors in Weoptit
Weoptit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Visma.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based ERP software is provided for business management across segments. | 1996 | visma.com | Oslo, Norway |
Investor details for Weoptit
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People of Weoptit
2 people are tracked at Weoptit (2 in leadership).
| Name | Role | Group |
|---|---|---|
Olli Braysy | Founder | Leadership |
Joonas Ollila | CEO | Leadership |
Complete people profiles for Weoptit
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Timeline of Weoptit
2 dated milestones of Weoptit across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Weoptit is founded.
- Exit Acquired by Visma.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gurobi.com | 2008 | Beaverton, United States | – | 63 | Optimization solvers for mathematical programming are developed by Gurobi. | |
| maplesoft.com | 1988 | Waterloo, Canada | – | – | System-level modeling and analysis tools are developed for engineering applications. | |
| harmonic.fun | 2023 | Palo Alto, United States | $175M | – | AI-based solutions for maths learning are provided by Harmonic. | |
| optilogic.com | 2012 | Ann Arbor, United States | $53M | – | Cloud-based optimization solutions are provided for management and collaboration needs. | |
| artelys.com | 2000 | Paris, France | – | – | Optimization solvers for industrial problems are provided by Artelys. | |
| lightsolver.com | 2020 | Tel Aviv, Israel | – | – | Optical and quantum-inspired devices are developed for optimization solutions. | |
| dynamore.de | 2001 | Stuttgart, Germany | – | – | Solver and optimization tools for non-linear mechanical problems are provided. | |
| octeract.gg | 2017 | London, United Kingdom | – | – | Optimization solvers for mathematical problems are provided by Octeract. | |
| quantego.com | 2013 | Kopstal, Luxembourg | – | – | Develops specialized software solutions for stochastic optimization. |
Detailed competitors of Weoptit
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- Full competitor set
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Similar companies to Weoptit
10 companies that operate in the same segment as Weoptit (Optimization & Solver Engines), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Optimization solvers for mathematical programming are developed by Gurobi. | 2008 | Beaverton, Oregon, United States | – | – | – | |
AI-based solutions for maths learning are provided by Harmonic. | 2023 | Palo Alto, California, United States | USD 295 M | – | – | |
System-level modeling and analysis tools are developed for engineering applications. | 1988 | Waterloo, Ontario, Canada | – | – | – | |
Provides quantum algorithms for faster simulations in aerospace and defense sectors. | 2020 | Bhilai, Chhattisgarh, India | USD 3.55 M | – | 1 | |
Cloud-based optimization solutions are provided for management and collaboration needs. | 2012 | Ann Arbor, Michigan, United States | USD 53 M | – | – | |
Optical and quantum-inspired devices are developed for optimization solutions. | 2020 | Tel Aviv, Israel | – | – | – | |
Platform offering functional programming language | 1988 | United States | – | – | – | |
Optimization solvers for industrial problems are provided by Artelys. | 2000 | Paris, France | – | – | – | |
Offers cloud-based solutions for app-store optimization. | 2017 | Delhi, Delhi, India | – | – | – | |
Provider of an algebraic modeling system | 1987 | Fairfax, Virginia, United States | – | – | – |
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Frequently Asked Questions about Weoptit
Weoptit was founded in 2013.
Weoptit is headquartered in Helsinki, Finland.
Joonas Ollila is the current CEO of Weoptit.
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.
Weoptit has 1 investor. Key investors include Visma.
Yes. Weoptit was acquired by Visma in May 2018.