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otonomo
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Short description

Developer of software to connect autonomous cars with each other and with digital infrastructures and exchange data in real time

Founded in 2015
Founded in

Company type Public Public (OTMO)
Company type

Industry Group transportation & logistics

Sector vehicle systems

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Israel Herzliya, Israel
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Updated by Cleantech Group on 07/01/2024

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  • 1 M&A items
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Date Company
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Date Partner Type
01/03/2020
GreenRoad Technologies GreenRoad Technologies
Otonomo and GreenRoad partner to enable Driver Risk Profiling and other intelligence to help fleets reduce driver risk.
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Confirmed by GreenRoad Technologies
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IPO INFORMATION

Date

08/16/2021

IPO status

Listed

IPO Type

SPAC

Amount

$255M

Initial shares

Ticker symbol

OTMO

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Description

Otonomo has entered into a definitive agreement with SPAC Software Acquisition Group to go public via reverse merger.

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Date Investors Type Amount
04/30/2020 SK Holdings SK Holdings , Avis Budget Group Avis Budget Group , Alliance Ventures Alliance Ventures , Bessemer Venture Partners Bessemer Venture Partners , StageOne Ventures StageOne Ventures (5)
Post-money valuation of
This funding will be used to grow the business, particularly R&D and customer support resources, to support growing demand. Otonomo also plans to expand into additional markets.
 Growth Equity $46,000,000
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