
OptiMine Software
Valuation
$5.9M
2024 Revenue
$8M
Funding
$16.3M
Team
28
Founded
2008
How OptiMine Software CEO Robert Cooley grew to $8M revenue with a 28 person team in 2024.
OptiMine Software was founded by experienced software executives, including Rob Cooley and Doug Bryan, experts in marketing applications based on data mining. Together they have more than 25 years of experience in e-commerce analytics. OptiMine provides intelligent software for advertising optimization. There flagship product, OptiMine Paid Search Bid Management, forecasts the performance of each paid search ad placement each day and automatically sets optimal bids. It is used by leading organizations such as Overstock.com and Wells Fargo, and may be implemented in-house, hosted, or as software-as-a-service (SaaS).
Last updated
OptiMine Software Revenue
In 2024, OptiMine Software's revenue reached $8M. The company previously reported $2M in 2020. Since its launch in 2008, OptiMine Software has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | OptiMine Software Hit $8m revenue in June 2024 | |
| 2020 | OptiMine Software Hit $2m revenue in August 2020 | |
| 2008 | Launched with $0 revenue |
OptiMine Software Valuation, Funding Rounds
OptiMine Software's most recent disclosed valuation is $5.9M.
OptiMine Software has raised $16.3M in total funding across 4 rounds, most recently a $2.9M Series C round in 2015.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2015 | Series C | $2.9M | - | - | |
| 2014 | Series B | $5.1M | - | - | |
| 2011 | Series B | $7.2M | - | - | |
| 2011 | Series A | $1.1M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for OptiMine Software yet.
OptiMine Software Employees & Team Size
OptiMine Software employs approximately 28 people as of 2026, up from 22 in 2020, including 3 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 28 employees (October 2024) |
| 2020 | Reached 22 employees (December 2020) |
| 2020 | Reached 21 employees (June 2020) |
Frequently Asked Questions about OptiMine Software
What is OptiMine Software's revenue?
OptiMine Software generates $8M in revenue.
Who founded OptiMine Software?
OptiMine Software was founded by Robert Cooley.
Who is the CEO of OptiMine Software?
The CEO of OptiMine Software is Robert Cooley.
How much funding does OptiMine Software have?
OptiMine Software raised $16.3M.
How many employees does OptiMine Software have?
OptiMine Software has 28 employees.
Where is OptiMine Software headquarters?
OptiMine Software is headquartered in Minneapolis, Minnesota, United States.
Compare OptiMine Software to the industry
OptiMine Software operates across multiple industries. Browse revenue, funding, and growth data for OptiMine Software in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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