When was Optel Group founded?

Optel Group was founded in 1989.

Where is Optel Group located?

Optel Group is headquartered in Quebec City, Canada. It is registered at boulevard du Parc Technologique 2680 G1P 4S6 Quebec.

Which legal entities is Optel Group associated with?

Optel Group is associated with OPTel and 1 other.

How many employees does Optel Group have?

As of Sep 30, 2026, the latest employee count at Optel Group is 532.

Is Optel Group a funded company?

Optel Group is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** PE round.

When was the latest funding round of Optel Group?

Optel Group's latest funding was a $***** Unattributed round on Jan 30, 2023, with participation from 2 investors.

Where does Optel Group rank among its competitors?

Optel Group ranks 6th amongst 104 active competitors, of which 16 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Controlant, which secured $25M in Nov, 2024.

Who are the top competitors of Optel Group?

Optel Group's top competitors include Controlant, AltiusHub and TraceLink. Among them, Controlant secured the most recent funding round in November, 2024.

Optel Group - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of Track and Trace solutions for the pharma, medical device, and healthcare industries. The company's proprietary and customized solutions help clients in measuring, inspecting, controlling, and tracking their products. They offer inspection and serialization solutions for the global pharmaceutical industry through their expertise in the fields of engineering, optics, electronic innovation, data processing, mechanics, and robotics. They provide software platform OPTEL Certa to optimize the dispensing solutions for pharmacies and other healthcare organizations.

Website: www.optelgroup.com/en/
Social
Phone Number: +1 **********
Registered Address: boulevard du Parc Technologique 2680 G1P 4S6 Quebec

Key Metrics

Founded Year

1989

Location

Quebec City, Canada

Stage

Funding Raised

Latest Funding Round

Unattributed, Jan 30, 2023, $*****

Investors

BDC & 2 more

Ranked

6^th among 104 active competitors

Employee Count

532 as on Sep 30, 2026

Investment & Acquisitions

Vanguard Robotics & 1 more

Similar Companies

Controlant & 97 more

View Optel Group's full profile

Optel Group is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
OPTEL VISION INC. CIN: 0536.867.581 , Belgium, Active	Aug 01, 2013	-	-	-
OPTel CIN: 40103727809 , Latvia, Active	Nov 04, 2013	€0 - €1M (As on Dec 31, 2024)	2 (As on Dec 31, 2021)	-

Optel Group has raised funding over 3 rounds. Its latest funding round was a Unattributed round on Jan 30, 2023 for $*****. 2 investors participated in its latest round. Optel Group has 3 institutional investors.

Here is the list of recent funding rounds of Optel Group:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 30, 2023	7358836	Unattributed	3873900	8058536	5342682	1050460
May 27, 2021	7978563	Grant (prize money)	2999714	9515506	1260735	Sustainable Development Technology Canada

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View details of Optel Group's funding rounds and investors

The founders of Optel Group is Louis Roy.

Here are the details of Optel Group's key team members:

Louis Roy: Founder & President of Optel Group.

View details of Optel Group's Founder profiles and Board Members

Optel Group's employee count trend

Optel Group has 532 employees as of Sep 26. Here is Optel Group's employee count trend over the years:

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Top competitors of Optel Group include Controlant, AltiusHub and TraceLink. Here is the list of Top 10 competitors of Optel Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Controlant 2007, Reykjavik (Iceland), Series C	Provider of real-time visibility platform and monitoring services for pharmaceuticals	$92.5M	Gildi, Frumtak Ventures & 4 others	63/100
2nd	AltiusHub 2023, Hyderabad (India), Seed	Provider of software for pharmaceutical supply chain serialization and compliance	$2.99M	Audree Infotech, Endiya Partners	60/100
3rd	TraceLink 2009, North Reading (United States), Series D	Platform that provides cloud and AI based solutions to track and trace pharmaceutical supply chains	$230M	Volition Capital, FirstMark & 11 others	60/100
4th	Asimily 2017, Sunnyvale (United States), Series B	Online platform for medical device asset management	$13.1M	Ridge Ventures, New Leaf Venture Partners ... & 6 others	59/100
5th	Sonitor Technologies 1997, Oslo (Norway), Series B	Provider of ultrasound-based real time locating systems (RTLS)	$51M	Technorocks	52/100
6th	Optel Group 1989, Quebec City (Canada), Funding Raised	Provider of Track and Trace solutions for the pharma, medical device and healthcare industries	-	Fondaction, Sustainable Development Technology Canada ... & 1 others	50/100
7th	Lyons Information Systems 2001, Edison (United States), Unfunded	Cloud-based audit tracking software provider	-	-	44/100
8th	Adents 2007, Paris (France), Series C	Provider of serialization software solutions mainly for the pharmaceutical industry	$26.8M	Caphorn, Naxicap & 2 others	42/100
9th	rfXcel 2003, San Ramon (United States), Acquired	Product serialization and traceability solutions for drug, medical device, and food sectors	$30.2M	Kayne Anderson Capital Advisors, Composition ... & 1 others	39/100
10th	CenTrak 2003, Newtown (United Kingdom), Acquired	Suite solution for real time visibility to healthcare providers	$832K	Lateral Capital, Ben Franklin Technology Partners	38/100