Optimitive Overview
- Year Founded
-
2008
- Status
-
Private
- Employees
-
40
- Latest Deal Type
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Series A3
- Latest Deal Amount
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$5.91M
- Investors
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9
Optimitive General Information
Description
Provider of artificial intelligence-based operational software designed for industrial process improvement and real-time autonomous control. The company's platform integrates non-linear machine learning models and optimization algorithms to analyze big data and dynamically adjust production set-points in a closed-loop system, featuring no-code visual modeling tools and automated learning capabilities that function continuously to reduce energy consumption and minimize environmental emissions, enabling heavy industrial manufacturers to increase asset throughput and operational efficiency without requiring specialized technical expertise.
Contact Information
Website
www.optimitive.comCorporate Office
- Avenida De Los Huetos, Number 75
- Edificio Azucarera
- 01010 Vitoria-Gasteiz
- Spain
Corporate Office
- Avenida De Los Huetos, Number 75
- Edificio Azucarera
- 01010 Vitoria-Gasteiz
- Spain
Optimitive Timeline
Optimitive Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 15. Later Stage VC (Series A3) | 16-Feb-2026 | $5.91M | Completed | Generating Revenue | ||
| 14. Later Stage VC (Series A2) | 01-Jun-2024 | Completed | Generating Revenue | |||
| 13. Accelerator/Incubator | Completed | Startup | ||||
| 12. Later Stage VC (Series B) | 05-Jun-2022 | Completed | Startup | |||
| 11. Later Stage VC | 23-Jan-2020 | Completed | Startup | |||
| 10. Later Stage VC (Series B) | 19-Jul-2019 | Completed | Startup | |||
| 9. Grant | 10-Mar-2019 | Completed | Startup | |||
| 8. Later Stage VC | 19-Jul-2018 | Completed | Startup | |||
| 7. Accelerator/Incubator | 01-Jan-2018 | $7M | Completed | Startup | ||
| 6. Later Stage VC (Series A2) | 16-Mar-2016 | $2.56M | $7M | Completed | Startup |
Optimitive Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 32,426 | $1.059509 | $39.21 | $39.21 | 1x | $39.21 | 2.63% | |
| Ordinary | 157,500 | $1.059509 | $9.42 | $9.42 | 1x | $9.42 | 12.76% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Optimitive Patents
Optimitive Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-3221821-A1 | Methods and systems using a composition of autonomous self- learning software components for performing complex real time data-processing tasks | Inactive | 17-Nov-2014 | ||
| WO-2016079586-A1 | Methods and systems using a composition of autonomous self- learning software components for performing complex real time data-processing tasks | Inactive | 17-Nov-2014 | ||
| EP-3975070-A1 | Methods and systems using a composition of autonomous self-learning software components for performing complex real time data-processing tasks | Inactive | 17-Nov-2014 | ||
| US-10510016-B2 | Methods and systems using a composition of autonomous self-learning software components for performing complex real time data-processing tasks | Active | 17-Nov-2014 | ||
| US-20160140452-A1 | Methods and systems using a composition of autonomous self-learning software components for performing complex real time data-processing tasks | Active | 17-Nov-2014 |
Optimitive Signals
Optimitive Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Suma Capital | Asset Manager | Minority | ||
| Cemex Ventures | Corporate Venture Capital | Minority | ||
| Titan Ventures | Venture Capital | Minority | ||
| SK Gas | Corporation | Minority | ||
| Enzen Global Solutions | PE-Backed Company | Minority |
Optimitive FAQs
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When was Optimitive founded?
Optimitive was founded in 2008.
-
Where is Optimitive headquartered?
Optimitive is headquartered in Vitoria-Gasteiz, Spain.
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What is the size of Optimitive?
Optimitive has 40 total employees.
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What industry is Optimitive in?
Optimitive’s primary industry is Business/Productivity Software.
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Is Optimitive a private or public company?
Optimitive is a Private company.
-
What is Optimitive’s current revenue?
The current revenue for Optimitive is .
-
How much funding has Optimitive raised over time?
Optimitive has raised $23.2M.
-
Who are Optimitive’s investors?
Suma Capital, Cemex Ventures, Titan Ventures, SK Gas, and Enzen Global Solutions are 5 of 9 investors who have invested in Optimitive.
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