Optiyol
AI-powered route optimization for logistics operations.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €200k | Seed | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 100 % | - |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Optiyol is a logistics technology company providing a cloud-based route optimization software for last-mile, middle-mile, and long-haul operations. The company was founded in 2015 by Dr. Tuba Yılmaz Gözbaşı (COO) and Dr. Ozan Gözbaşı (CEO). Both founders received their Ph.D. degrees in Industrial Engineering and Operations Research from the Georgia Institute of Technology and identified a market need to replace manual, spreadsheet-based planning with a more advanced solution.
The company's core offering is a B2B SaaS platform that uses proprietary algorithms to automate and optimize transportation planning. Key features include dynamic route optimization, real-time tracking, fleet selection, order allocation, and a driver mobile application for route navigation and proof-of-delivery. The system considers numerous variables such as traffic conditions, delivery time windows, vehicle capacities, and driver preferences to generate efficient and practical route plans. This results in reduced transportation costs, specifically a 15-25% reduction in fuel costs, a 5-10% decrease in fleet size, and a 20-30% improvement in on-time delivery rates.
Optiyol serves clients across various industries, including logistics, e-commerce, consumer packaged goods (CPG), food and beverage, manufacturing, and retail. Initially, the firm operated as a supply chain consultancy, providing custom optimization solutions for major corporations like Unilever, Philip Morris, and Ferrero before launching its SaaS product in 2018. The business model is subscription-based, with pricing dependent on factors like features, deployment type, and the number of users. The platform can be integrated with existing enterprise systems via API and supports data uploads through Excel.
As of mid-2021, Optiyol has raised a total of $1.1 million in funding over several rounds, including investments from Driventure (Ford Otosan’s CVC), Fark Labs, and Arya Women. The company is expanding its presence in the US, European, and Middle Eastern markets.
Keywords: route optimization, logistics technology, last-mile delivery, supply chain management, fleet management, SaaS, dynamic routing, transportation planning, long-haul optimization, delivery management, operations research, fleet optimization, proof-of-delivery, real-time tracking, logistics software, CPG logistics, e-commerce logistics, fuel cost reduction, AI logistics, distribution network design