When was Preciseley founded?

Preciseley was founded in 2005 and raised its 1st funding round 15 years after it was founded.

Where is Preciseley located?

Preciseley is headquartered in Edmonton, Canada.

How many employees does Preciseley have?

As of Sep 30, 2026, the latest employee count at Preciseley is 20.

Is Preciseley a funded company?

Preciseley is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 26, 2020.

When was the latest funding round of Preciseley?

Preciseley's latest funding was a $***** Series A round on Dec 01, 2021, with participation from 2 investors. Its primary sector is Photonics. In Canada, the Photonics sector has seen $31.7M in funding in 2026 to date.

Where does Preciseley rank among its competitors?

Preciseley ranks 46th amongst 223 active competitors, of which 35 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Prisma Photonics, which secured $30M in Oct, 2025.

Who are the top competitors of Preciseley?

Preciseley's top competitors include Innoviz, poLight and Opsys. Among them, Prisma Photonics secured the most recent funding round in October, 2025.

Preciseley - 2026 Company Profile, Funding & Competitors

Company Details

Provider of MEMS-based optical chips. It designs and manufactures custom MEMS solutions for applications in optical Instruments, fibre-optic telecommunications, and inertial and pressure sensing instruments. Its products include single tilting mirror array chips, mirror arrays, MEMS sensors, and optical shutters. Its services include custom design and manufacturing as well as test and characterization.

Website: preciseley.com
Email ID: *****@preciseley.com

Key Metrics

Founded Year

2005

Location

Edmonton, Canada

Stage

Acquired

Latest Funding Round

Series A, Dec 01, 2021, $*****

Investors

BDC & 2 more

Ranked

46^th among 223 active competitors

Employee Count

20 as on Sep 30, 2026

Similar Companies

Innoviz & 196 more

Exit Details

Acquired by ACE Equity Partners (Jan 07, 2020)

View Preciseley's full profile

Preciseley got acquired by ACE Equity Partners on Jan 07, 2020 at an acquisition amount of $*****.

Click here to take a look at Preciseley's acquisition in detail

Preciseley has raised funding over 2 rounds. Its first funding round was on Aug 26, 2020. Its latest funding round was a Series A round on Dec 01, 2021 for $*****. 2 investors participated in its latest round. Preciseley has 3 institutional investors.

Here is the list of recent funding rounds of Preciseley:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 01, 2021	3815451	Series A	5108986	6707876	9504249	1858295
Aug 26, 2020	9955583	Seed	8125723	4996885	BDC	3592972

Access funding benchmarks and valuations. Sign up today!

View details of Preciseley's funding rounds and investors

Preciseley's employee count trend

Preciseley has 20 employees as of Sep 26. Here is Preciseley's employee count trend over the years:

Uncover Preciseley's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Preciseley include Innoviz, poLight and Opsys. Here is the list of Top 10 competitors of Preciseley, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Innoviz 2016, Rosh Haayin (Israel), Public	Developer of LiDAR sensors and perception software for autonomous vehicles	$252M	Magna, China Merchants Capital & 31 others	75/100
2nd	poLight 2005, Horten (Norway), Series C	Developer of focus actuators for optical lenses	$58.2M	TD Veen, Industrifonden & 4 others	61/100
3rd	Opsys 2016, Holon (Israel), Series C	Developer of optical sensors for the autonomous applications & communication industry	$51.5M	TransLink Capital, 83NORTH & 5 others	58/100
4th	Sick 1946, Waldkirch (Germany), Funding Raised	Manufacturer of sensors and sensor solutions for industrial automation and safety applications	-	BWK, Europa	56/100
5th	Padtec 2001, Campinas (Brazil), Late Stage	Manufacturer and solutions provider of optical solutions	$3.95M	Ideiasnet, Opus	55/100
6th	Sycamore Networks 1998, Chelmsford (United States), Public	Online platform offering optical switching platform	$20M	Point Financial, Lightspeed Venture Partners ... & 8 others	54/100
7th	Fos4X 2010, Munich (Germany), Acquired	Provider of IoT sensors	$12.5M	Equinor, UVC Partners & 8 others	53/100
8th	sensiBel 2016, Oslo (Norway), Series A	Manufacturer of noise cancellation-enabled MEMS microphone	$23.6M	TRUMPF, Sennheiser & 8 others	53/100
9th	Prisma Photonics 2017, Tel Aviv (Israel), Series D	Provider of optical fibre sensors for monitoring infrastructures	$80M	Insight Partners, The Israel Natural Gas Lines ... & 8 others	52/100
10th	OQmented 2018, Itzehoe (Germany), Series A	Developer of MEMS-based laser beam scanning projection displays and 3D sensing	$29.3M	IT-Farm Corporation, VSquared Ventures & 10 others	50/100
46th	Preciseley 2005, Edmonton (Canada), Acquired	Provider of MEMS-based optical chips	-	BDC, Hankook Tire & 1 others	34/100