
Optelos
Provides a visual data management and AI analytics platform that transforms asset inspection data into actionable insights.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
* | N/A | Growth Equity VC | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 191 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Optelos operates as a data intelligence and digital twin platform company, providing advanced software solutions for managing and analyzing visual data from industrial assets. The company was co-founded in 2016 by David Tran, who currently serves as CEO. Tran's background includes over two decades in the technology industry, with experience in software management and product marketing at companies like MCI and Fluke Networks, complemented by an MBA from Southern Methodist University and a Bachelor of Science in Electrical Engineering from Texas A&M University.
The firm's core offering is a patented, cloud-based software-as-a-service (SaaS) platform, Optelos Asset Advisor, designed to transform unstructured geovisual data from sources like drones, robots, IoT sensors, and CCTV into actionable insights. This is achieved by ingesting, processing, and contextualizing the data to create a unified, searchable digital inspection database. The platform's capabilities include the creation of 2D maps and immersive 3D digital twin models, which allow for detailed inspection, precise measurements, and the geolocation of issues. Its integrated artificial intelligence workflow enables users to train and deploy computer vision models to automatically detect, classify, and prioritize defects, streamlining the entire inspection process.
Optelos serves a diverse enterprise client base across sectors such as telecommunications, power utilities, oil and gas, manufacturing, and commercial roofing. Notable customers have included AT&T, Georgia-Pacific, and EOG Resources. The business model is primarily subscription-based, with customers paying monthly fees that vary based on required features, in addition to one-time setup fees. The company also generates revenue through the licensing of its AI technology. By converting vast amounts of visual data into a structured format, Optelos helps clients reduce inspection costs, improve safety, and accelerate maintenance and repair cycles. For example, their platform assisted AT&T in reducing the time and cost of identifying and fixing a cell tower issue by 50%.
Keywords: visual data management, asset inspection software, digital twin platform, AI analytics, drone data analysis, industrial inspection, enterprise asset management, 3D modeling software, computer vision AI, geovisual intelligence, infrastructure inspection, predictive maintenance, telecom asset management, energy facility inspection, automated defect detection, reality modeling, data visualization, situational awareness, operational intelligence, corrosion detection, remote asset monitoring, inspection workflow automation