What is Optirtc?
OptiRTC is an American technology firm specializing in a software-as-a-service platform designed for civil infrastructure management. Its cloud-native platform integrates sensor data, forecasts, and environmental contexts to enable active control of stormwater infrastructure, addressing critical environmental and urban planning challenges. The company's focus on intelligent infrastructure control positions it within the burgeoning smart city and environmental technology sectors.
How much funding has Optirtc raised?
Optirtc has raised a total of $5.8M across 2 funding rounds:
Private Equity
$5.5M
Debt
$350K
Private Equity (2017): $5.5M with participation from the Renewal Funds, Ecosystem Integrity Fund (EIF), Geosyntec Consultants, MissionPoint Partners, and the Massachusetts Clean Energy Center
Debt (2020): $350K led by PPP
Key Investors in Optirtc
the Renewal Funds
Granite Capital Group specializes in structured real estate investment funds aimed at high-net-worth investors, offering tailored advisory services to enhance portfolio performance. With over 40 years of experience, the company focuses on identifying high-value opportunities across various asset types, including multifamily and retail properties.
Ecosystem Integrity Fund (EIF)
The Ecosystem Integrity Fund (EIF) is a sustainability-focused venture capital fund that invests in early growth stage companies contributing to environmental sustainability. The fund aims to accelerate the transition to sustainability, promoting a healthier planet and strong economic growth while achieving outstanding financial returns.
Geosyntec Consultants
Geosyntec is a consulting and engineering firm that works with private and public sector clients to address new ventures and complex problems involving our environment, natural resources, and civil infrastructure.
What's next for Optirtc?
The substantial enterprise-level capital infusion, particularly the recent strategic investment, indicates Optirtc is poised for significant scaling and market expansion. This backing will likely fuel further development of its innovative stormwater management platform, enhance its market penetration, and potentially support strategic partnerships. The company's trajectory suggests a move towards broader adoption of its technology in municipal and private infrastructure projects, aiming to optimize resource management and environmental resilience.
See full Optirtc company page
