Optare Revenue

Automotive • Leeds, England, United Kingdom • 51-100 Employees

Optare revenue & valuation

Annual revenue	$22,800,000
Revenue per employee	$300,000
Estimated valuation?This valuation is estimated based on industry average for the Automotive industry and current estimated revenues	$73,000,000
Total funding	$138,500,000

Key Contacts at Optare

Ritchie Bignell

Product Support Director

Charles Waggott

Director Of Export

Company overview

Headquarters	Hurricane Way South, Sherburn In Elmet, Sherburn in Elmet, LS25 6PT, GB
Phone number	+441977687200
Website	optare.com
SIC	371
Keywords	Tempo, Electric Buses, Euro 6 Buses, Hybrid Buses, Metrocity, Metrodecker, Solo, Versa, Fully Integral Buses
Employees	51-100
Socials

Optare Email Formats

Optare uses 2 email formats. The most common is {first initial}.{last name} (e.g., j.doe@optare.com), used 66.7% of the time.

Format	Example	Percentage
{first initial}.{last name}	j.doe@optare.com	66.7%
{first name}.{last name}	john.doe@optare.com	33.3%

About Optare

Driving our future Optare have almost a century of expertise in using the latest technologies in bus design and manufacturing to deliver the vehicles of today and tomorrow. Our unique light weight integral chassis designs are amongst the most fuel efficient in operation today. Easy accessibility to the demount able power pack to service and support the vehicle also ensure operating costs are kept to minimum over the entire life cycle of the vehicle. Our newly manufactured buses are all compliant with Euro 6 emissions legislation and we offer enhanced diesel technology, diesel hybrid and full electric power options across our range. Our buses operate across the world and our parent, Ashok Leyland, part of the Hinduja Group, is ranked within the top four global bus manufacturers. Optare plc is incorporated in the UK, which is also its main country of operation.

Employees by Management Level

Total employees: 51-100

Seniority

Employees

Entry

Manager

Head

Employees by Department

Optare has 49 employees across 8 departments.

Departments

Number of employees

Funding Data

Explore Optare's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2023-12-09	11	$138,500,000

Funding Insights

$138,500,000

Total funding amount

$138,500,000

Most recent funding amount

Number of funding rounds

Optare Tech Stack

Discover the technologies and tools that power Optare's digital infrastructure, from frameworks to analytics platforms.

WP Rocket

Caching

Animate.css

UI frameworks

jQuery Migrate

JavaScript libraries

Cloudflare

CDN

GTranslate

Translation

Twitter Emoji

Font scripts

jQuery

JavaScript libraries

PHP

Programming languages

WordPress

Blogs

Yoast SEO

SEO

Nginx

Reverse proxies

FancyBox

JavaScript libraries

Frequently asked questions

Optare is located in Leeds, England, GB.

You can reach Optare at +441977687200.

Optare generates an estimated annual revenue of $22,783,138. This revenue figure reflects the company's market position and business performance in its industry.

Optare has an estimated valuation of $73,000,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

Optare has approximately 51-100 employees. The company continues to grow its workforce to support its business operations and expansion.

Optare has raised a total of $138,500,000 across 1 funding rounds. This investment has helped the company grow and expand its operations.

Key Contacts at Optare

Ritchie Bignell

Product Support Director

Charles Waggott

Director Of Export

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