Optii Overview
- Year Founded
-
2006
- Status
-
Acquired/Merged
- Employees
-
39
- Latest Deal Type
-
M&A
Optii General Information
Description
Developer of housekeeping and operations management software designed to optimize, automate and improve predictive operations across hotels. The company's software uses artificial intelligence, analytics, messaging and mobility to empower operations teams, without requiring capital expenditure and complex integrations, enabling hotels to reduce costs, streamline operations and enhance the guest experience in proven and tangible ways.
Contact Information
Website
www.optiisolutions.com(Operating Subsidiary)
Corporate Office
- 6101 West Courtyard Drive
- Suite 400
- Austin, TX 78730
- United States
Corporate Office
- 6101 West Courtyard Drive
- Suite 400
- Austin, TX 78730
- United States
Optii Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 06-Dec-2021 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 01-Jul-2020 | Completed | Generating Revenue | |||
| 5. Debt - PPP | 27-Apr-2020 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series B) | 26-Jun-2018 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series A) | 12-May-2016 | Completed | Generating Revenue | |||
| 2. Seed Round | 27-Aug-2015 | Completed | Generating Revenue | |||
| 1. Seed Round | 31-Oct-2013 | Completed | Generating Revenue |
Optii Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A |
Optii Comparisons
Industry
Financing
Details
Optii Competitors (22)
One of Optii’s 22 competitors is Cloudbeds, a Private Equity-Backed company based in San Diego, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cloudbeds | Private Equity-Backed | San Diego, CA | ||||
| SAS | Failed Transaction (M&A) | Cary, NC | ||||
| AutoClerk | Formerly PE-Backed | Walnut Creek, CA | ||||
| Yanolja Cloud India | Private Equity-Backed | Surat, India | ||||
| Aven Hospitality | Private Equity-Backed | Southlake, TX |
Optii Signals
Optii Former Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Brisbane Angels | Angel Group | Minority | ||
| HOF Capital | Venture Capital | Minority | ||
| I2BF Global Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Kinetic Ventures | Venture Capital | Minority |
Optii FAQs
-
When was Optii founded?
Optii was founded in 2006.
-
Where is Optii headquartered?
Optii is headquartered in Austin, TX.
-
What is the size of Optii?
Optii has 39 total employees.
-
What industry is Optii in?
Optii’s primary industry is Business/Productivity Software.
-
Is Optii a private or public company?
Optii is a Private company.
-
What is Optii’s current revenue?
The current revenue for Optii is .
-
How much funding has Optii raised over time?
Optii has raised $6.65M.
-
Who are Optii’s investors?
Brisbane Angels, HOF Capital, I2BF Global Ventures, , and Kinetic Ventures are 5 of 9 investors who have invested in Optii.
-
Who are Optii’s competitors?
Cloudbeds, SAS, AutoClerk, Yanolja Cloud India, and Aven Hospitality are some of the 22 competitors of Optii.
-
When was Optii acquired?
Optii was acquired on 06-Dec-2021.
-
Who acquired Optii?
Optii was acquired by MCR Hotels.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process