What is Optimal Design?
Founded in 1982 and headquartered in Arlington Heights, Illinois, Optimal Design is a seasoned product development and technology consulting firm. The company offers comprehensive integrated services, encompassing technology research and development, industrial design, mechanical and electrical engineering, software development, prototyping, and production sourcing. Optimal Design specializes in the design and engineering of Mobile Products, Virtual Reality Systems, and devices for the Internet of Things, positioning itself as a key player in bringing innovative hardware and software solutions to market.
How much funding has Optimal Design raised?
Optimal Design has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$897K
Debt (2020): $350K with participation from PPP
Debt (2021): $897K led by PPP
What's next for Optimal Design?
The recent major strategic investment signals a pivotal moment for Optimal Design, likely enabling the company to accelerate its product development cycles, expand its engineering capabilities, and potentially explore new market verticals within the IoT and VR spaces. This capital infusion is expected to fuel further innovation and solidify its competitive edge in the tech consulting landscape, building upon its decades of experience.
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