# OTO Global

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oto-global

- Industry: Logistics & Distribution
- Headquarters: Riyadh, Saudi Arabia
- Website: www.tryoto.com
- Total disclosed funding: $11M
- Latest round: Series A (Jul 22, 2024)
- Investors on record: 7

## About

Based in Riyadh, Saudi Arabia, and founded in 2019, OTO Global Inc. operates as a provider of Saas-based shipping management software that helps e-commerce brands manage, ship, and track online orders. In October 2021, OTO Global Inc. raised USD 3 million in seed funding co-led by Derayah Ventures and Middle East Venture Partners.

OTO is a shipping gateway developed simply for e-commerce enterprises in the Middle East and North Africa (MENA) area. The firm provide a one-stop shop for all of your shipping needs, allowing you to manage shipments, track orders, analyze data, and even handle refunds all from the same platform. Some of its primary features include low shipping rates, cash-on-delivery (COD) transaction management, real-time shipment tracking, and intelligent data reporting to assist users in optimizing business.

## Funding rounds

- Series A, Jul 22, 2024, $8M — Soma Capital Management, Iliad Partners, Propeller, Sanabil Investments, Sadu Capital
- Seed, Oct 11, 2021, $3M — Middle East Venture Partners, Derayah Ventures

## Investors

- Middle East Venture Partners (https://capitalatlas.ai/funds/middle-east-venture-partners) — Seed
- Derayah Ventures (https://capitalatlas.ai/funds/derayah-ventures) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Series A
- Iliad Partners (https://capitalatlas.ai/funds/iliad-partners) — Series A
- Propeller — Series A
- Sanabil Investments (https://capitalatlas.ai/funds/sanabil-investments) — Series A
- Sadu Capital (https://capitalatlas.ai/funds/sadu-capital) — Series A