Otonomo

Otonomo is the first neutral automotive data services platform that simply and securely paves the way for the development of new apps and services for drivers, passengers, municipalities, and transportation companies.

Otonomo provides car manufacturers, drivers, and service providers with a cloud-based solution that connects millions of cars.

Otonomo was founded in 2015 by Ben Volkow. The company is headquartered in Herzeliya Pituach, Israel, with an office in Redwood City, California.

 

The Otonomo Automotive Data Services Platform fuels an ecosystem of OEMs, fleets and more than 100 service providers. The company's neutral platform securely ingests more than 2.6 billion data points per day from over 20 million global connected vehicles, then reshapes and enriches it, to accelerate time to market for new services that delight drivers.

Otonomo cleanses, normalizes, and aggregates the data and enriches it with third-party datasets in order to meet consumers’ privacy expectations, manage compliance, and maximize its value through our global Marketplace.

The Otonomo ecosystem includes more than 100 partners who provide a rich diversity of offerings, including emergency services, traffic and mapping, on-demand fueling, parking, predictive maintenance, usage-based insurance, media measurement, concierge services, and dozens of smart city services. Some of its partners include Daimler, BMW, Mitsubishi Motor Company and Avis Budget Group.

 

Otonomo is backed by SK Holdings, Bessemer Venture Partners, Avis Budget Group, Alliance Ventures and others. The company raised $46M in a Series C round on Apr 30, 2020. This brings Otonomo's total funding to $82M to date.

 

 

  • Year founded: 2015
  • Funding Info: $89M over 4 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Herzeliya Pituach
  • State: Herzliya
  • Country: Israel
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