Otodo
Latest round
- Series A
Last raised
- Feb 2020
Total raised
- $2.2M
Investors
- 3
About Otodo
Otodo SAS is a Paris-based company focused on delivering innovative white-label Smart Home solutions for telecom operators.Founded in 2016 by Eric Denoyer, Otodo SAS operates from its headquarters in Paris, France. The company specializes in Smart Home technology, providing a comprehensive platform for telecom operators and service providers.Otodo specializes in providing a white-label Smart Home platform tailored for telecom operators and service providers. Its core offerings include multi-protocol hubs, customizable mobile applications, and a supervision portal for managing connected home devices across heating, security, and energy management. The flagship hub models, MZ and ZT, facilitate local automation and require internet connectivity, respectively.In the most recent financial year of 2024, Otodo reported a revenue of EUR 3,781,991 and an EBITDA of EUR -1,997,872. The company generates revenue primarily through B2B partnerships, allowing telecom operators to offer Smart Home services under their brand.80 million from October 2022 to develop new products and expand its market reach. The company is focusing on launching innovative Smart Home solutions tailored for specific regional demands, particularly targeting markets in Europe and North America by the year 2025. This strategic expansion aims to enhance Otodo's presence in the Smart Home sector and meet the increased demand for connected home technologies.
Who invested in Otodo
3 investors across 1 round
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Funding rounds
Series A
Feb 24, 2020
Amount
$2.2M
Investors
Questions about Otodo
Who invested in Otodo?
Otodo has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Otodo raised?
Otodo has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Otodo last raise money?
Otodo's most recent round on record is a Series A, in Feb 2020.
What does Otodo do?
Otodo SAS is a Paris-based company focused on delivering innovative white-label Smart Home solutions for telecom operators.
Where is Otodo headquartered?
Otodo is headquartered in Paris, France.
Which VCs invest in companies like Otodo?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Otodo's stage. Their profiles are linked below.
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