When was Olee founded?

Olee was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Olee located?

Olee is headquartered in Pune, India. It is registered at Office No. 1707, Maruti Millenium Tower, Sr. N. 36/2 Nanaware Bridge, Baner Gaon, Pune, Pune City, Maharashtra, India, 411045.

Who is the current CEO of Olee?

James Solomon of Olee. They have also founded 2 companies.

Which legal entities is Olee associated with?

Olee is associated with CITOTO DIGITAL PERSONALITY PRIVATE LIMITED.

How many employees does Olee have?

As of Sep 30, 2026, the latest employee count at Olee is 11.

Is Olee a funded company?

Olee is a funded company, having raised a total of $3.11M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 05, 2023.

How much is Olee worth?

The latest valuation of Olee is ₹***** as of Jul 03, 2025.

When was the latest funding round of Olee?

Olee's latest funding was a $***** Seed round on Jul 03, 2025, with participation from 6 investors.

What is the annual revenue of Olee?

Annual revenue of Olee is less than ₹10 Cr as on Mar 31, 2025

Where does Olee rank among its competitors?

Olee ranks 14th amongst 398 active competitors, of which 52 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was CamGraPhIC, which secured $249M in Apr, 2026.

Who are the top competitors of Olee?

Olee's top competitors include Transcelestial, Frequentis and DcubeD. Among them, CamGraPhIC secured the most recent funding round in April, 2026.

Olee - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Manufacturer of laser communication systems and directed energy weapon hardware. These systems facilitate secure data transmission through free-space optical links for various operational environments. The hardware includes directed energy components designed for neutralizing aerial and orbital threats. Additionally, the technology supports wireless power transfer capabilities for remote energy delivery to unmanned platforms. These optical systems provide alternatives to traditional radio frequency communications by utilizing light-based transmission methods for tactical and strategic applications.

Website: olee.space
Social
Email ID: *****@olee.space
Phone Number: +91 **********
Registered Address: Office No. 1707, Maruti Millenium Tower, Sr. N. 36/2 Nanaware Bridge, Baner Gaon, Pune, Pune City, Maharashtra, India, 411045

Key Metrics

Founded Year

2023

Location

Pune, India

Stage

Seed

Total Funding

$3.11M in 3 rounds

Latest Funding Round

Seed, Jul 03, 2025, $*****

Post Money Valuation

₹***** as on Jul 03, 2025

Investors

Synergia Foundation & 12 more

Ranked

14^th among 398 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

11 as on Sep 30, 2026

Similar Companies

Transcelestial & 126 more

View Olee's full profile

Olee is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CITOTO DIGITAL PERSONALITY PRIVATE LIMITED CIN: U26700PN2020PTC194767 , India, Active	Oct 08, 2020	0 - ₹10 Cr (As on Mar 31, 2025)	-

Olee has raised a total funding of $3.11M over 3 rounds. Its first funding round was on Aug 05, 2023. Its latest funding round was a Seed round on Jul 03, 2025 for $*****. 6 investors participated in its latest round. Olee has 8 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Olee:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 03, 2025	7110053	Seed	1959613	1110595	7748142	1853056
Jun 27, 2024	1806158	Seed	2709444	4864240	4305914	2100885
Aug 05, 2023	5959689	Seed	1362382	3500124	MIT WPU TBI & 1 more	5304428

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View details of Olee's funding rounds and investors

The founders of Olee are James Solomon, Sunder Nookala, Suman Hiremath, Saarthak Mittal and Kalarani Kumar. James Solomon is the CEO of Olee.

Here are the details of Olee's key team members:

James Solomon: Co-Founder & CEO of Olee and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 2 email addresses
Sunder Nookala: Co-Founder & CFO of Olee. They serve on the board of 1 company.
Contact Info: 1 email address
Suman Hiremath: Co-Founder of Olee. They serve on the board of 1 company.
Contact Info: 1 email address
Saarthak Mittal: Former Co-Founder of Olee.
Kalarani Kumar: Co-Founder of Olee.

Olee's Board of Directors

Olee's board has 3 active members. James Solomon, Sunder Nookala and Suman Hiremath are part of team.

Here is the list of Olee's board of directors:

Name	Type	Representing	Status	Duration
James Solomon	Team	-	Current	6y 0m
Sunder Nookala	Team	-	Current	1y 3m
Suman Hiremath	Team	-	Current	4y 8m

View details of Olee's Founder profiles and Board Members

Olee's employee count trend

Olee has 11 employees as of Sep 26. Here is Olee's employee count trend over the years:

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Top competitors of Olee include Transcelestial, Frequentis and DcubeD. Here is the list of Top 10 competitors of Olee, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Transcelestial 2016, Singapore (Singapore), Series B	Developer of wireless communication infrastructure using nanosatellites	$34.7M	Wavemaker Partners, EDBI & 33 others	66/100
2nd	Frequentis 1947, Vienna (Austria), Public	Provider of communication and information systems for safety-critical applications	-	B&C Group, Europa	66/100
3rd	DcubeD 2019, Munich (Germany), Series A	Manufacturer of deployable mechanisms, actuators, antennas, and solar arrays for spacecraft	$4.8M	BayBG Venture Capital, HTGF & 6 others	65/100
4th	ALL.SPACE 2013, Reading (United Kingdom), Acquired	Provider of satellite antenna and other telecom end user equipments	$202M	Boka, Boeing & 16 others	64/100
5th	Mynaric 2009, Munich (Germany), Acquired	Manufacturer of optical communication terminals for air, space, and mobile applications	$2.59M	Auden, Texas Atlantic Capital & 4 others	64/100
6th	AAC Clyde Space 2005, Uppsala (Sweden), Public	Provider of diverse space components along with services	-	ESA Phi-Lab, Bonnier Capital & 5 others	62/100
7th	Iridium Communications 2001, Mclean (United States), Acquired	Network of satellite communications providing voice, data, and messaging services	-	Herald Investment Management, Disruption Venture Partners ... & 1 others	60/100
8th	Astrogate Labs 2017, Bengaluru (India), Seed	Provider of advanced laser communication systems for satellite networks, missions, and secure terrestrial communications	$3.71M	Speciale Invest, SatSure & 21 others	60/100
9th	Somewear 2016, San Francisco (United States), Series A	Provider of the satellite-powered system for defense	$15.7M	Knoll Ventures, Bling Capital & 19 others	58/100
10th	CamGraPhIC 2018, Pisa (Italy), Series A	Developer of graphene-based photonic circuits	$31.5M	WealthClub, CDP Venture Capital & 7 others	58/100
14th	Olee 2023, Pune (India), Seed	Manufacturer of laser communication systems and directed energy weapon hardware	$3.11M	SIDBI, Warmup Ventures & 11 others	56/100

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CITOTO DIGITAL PERSONALITY PRIVATE LIMITED, the legal entity associated with Olee, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of CITOTO DIGITAL PERSONALITY PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 4149% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	5788	8609	3396	8962	3995
Total Sales	2669	2145	1718	6809	1489
Total Expenses	5328	6056	5207	5524	1916
Operating Expenses	4565	5642	4812	1320	4368
Employee Expenses	2415	2802	2458	6315	8297
Operating Income (EBIT)	6933	2941	8022	8723	8444
Interest Expenses	1780	3969	8424	7474	5140
Expenses from other activities	6231	7875	6089	5627	4989
EBITDA	8044	2531	5070	6271	5021
Taxes	6850	5954	6811	1165	3642
Net Profit	2203	9986	6288	3245	8239
Balance Sheet
Assets	1918	6664	3568	6897	3437
Accounts Receivables	6321	8857	3784	9118	8678
Inventory	5524	7376	5432	7936	3830
Liabilities	6706	1876	5587	3496	4422
Total Debt	7193	1507	2112	9968	2311
Accounts Payable	8612	5510	6191	8119	8578
Equities	6647	7609	1127	9305	6662