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Optimist - About the company

Optimist is a seed company based in Gurugram (India), founded in 2024 by Ashish Goel. It operates as a Manufacturer of air conditioning units with energy efficiency and smart features. Optimist has raised $12M in funding from Accel and Arkam Ventures, with a current valuation of *****. The company has 65 active competitors, including 5 funded and 7 that have exited. Its top competitors include companies like Gradient, GVEC and Phoebus Air Conditioning.

Company Details

Manufacturer of air conditioning units with energy efficiency and smart features. These units are designed for effective cooling and reduced electricity consumption. Features include cooling technology, gas level indicators, and remote diagnostic capabilities. An application allows users to monitor energy usage and manage settings.
Social
X
Email ID
*****@optimist.in
Registered Address
HD-596, WE WORK PRESTIGE, ATLANTA, 80 FEET ROAD, Koramangala I Block, Bangalore, Bangalore South, Karnataka, India, 560034
Key Metrics
Founded Year
2024
Location
Gurugram, India
Stage
Seed
Total Funding
$12M in 1 round
Latest Funding Round
Post Money Valuation
***** as on Dec 24, 2025
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
32 as on Jul 31, 2026
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Optimist's funding and investors

Optimist has raised a total funding of $12M over 1 round. Its latest funding round was a Seed round on Jan 22, 2026 for $*****. 2 investors participated in its latest round. Optimist has 2 institutional investors.

Here is the list of recent funding rounds of Optimist:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 22, 2026
2339345
Seed
9881630
4376017
6805538
1430494
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Optimist's founders and board of directors

Founder? Claim Profile
The founders of Optimist is Ashish Goel. Ashish Goel is the CEO of Optimist.
Here are the details of Optimist's key team members:

Optimist's employee count trend

Optimist has 32 employees as of Jul 26. Here is Optimist's employee count trend over the years:
Employee count trend for Optimist
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Optimist's Competitors and alternates

Top competitors of Optimist include Gradient, GVEC and Phoebus Air Conditioning. Here is the list of Top 10 competitors of Optimist, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Gradient
Gradient
2017, San Francisco (United States), Series A
Provider of smart HVAC products for residential applications
$33M
49/100
2nd
Logo for Optimist
Optimist
2024, Gurugram (India), Seed
Manufacturer of air conditioning units with energy efficiency and smart features
$12M
46/100
3rd
Logo for GVEC
GVEC
Kerrville (United States), Unfunded
Provider of electricity, internet, air conditioning, heating, electrician, and solar services
-
-
44/100
4th
Logo for Phoebus Air Conditioning
Phoebus Air Conditioning
2012, Haridwar (India), Unfunded
Provider of air conditioners
-
-
42/100
5th
Logo for Circolife
Circolife
Mumbai (India), Unfunded
Provider of air conditioning units via subscription model with maintenance
-
-
37/100
6th
Logo for Bosch Home Comfort
Bosch Home Comfort
1886, Watertown (United States), Unfunded
Manufacturer of heating, cooling, and water heating systems and controls
-
-
37/100
7th
Logo for July
July
2020, New York City (United States), Funding Raised
Manufacturer of easy-to-install, smart window air conditioners. The company designs and sells air conditioners known for their ease of installation and smart features, including app control and compatibility with voice assistants. Installation support is offered through partnerships with third-party installers. Customers can also purchase accessories to enhance their air conditioner's performance and aesthetics. The company offers a trial period and warranty for its products.
-
35/100
8th
Logo for AMBIATOR
AMBIATOR
2022, Hyderabad (India), Unfunded
Provider of cooling solutions
-
-
33/100
9th
Logo for Meho-Hcp Air Systems
Meho-Hcp Air Systems
1988, Kolkata (India), Unfunded
Provider of HVAC solutions and air conditioning systems
-
-
33/100
10th
Logo for Kapsul
Kapsul
2016, Philadelphia (United States), Seed
Manufacturer of connected, modular air conditioning units for residential climate control
$420K
32/100
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Optimist's Latest cap tables and shareholding

Founders (largest shareholder) own 52.34%, Funds own 35.16%, Angels own 1.92% and Other People own 2.75%. The net worth of Optimist's founders is INR 182Cr as of Dec 23, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
52.34%
182Cr
3863148
6881032
4488801
4642448
2404224
5783786
9431880
3501885
9022460
3856514
Fund
35.16%
122Cr
2218163
6404843
8998816
2476547
7012581
5414911
3515601
3548006
7355766
1917940
1984381
7208645
9997100
6186093
2241157
4646276
Angel
1.92%
6.67Cr
7
3
3
8
Other People
2.75%
9.56Cr
25
81
26
13
ESOP Pool
7.83%
27.2Cr
6756843
1825689
3350558
9314744
Total
100.00%
347Cr
3313815
5784393
7313242
3770242
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Optimist's Shareholding

Optimist's Investments and acquisitions

Optimist has made no investments or acquisitions yet.

Reports related to Optimist

Here is the latest report on Optimist's sector:

News related to Optimist

Media has covered Optimist for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
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FAQs about Optimist

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