# OtterTune

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ottertune

- Industry: Software
- Headquarters: Pittsburgh, US
- Website: www.ottertune.com
- Total disclosed funding: $15M
- Latest round: Series A (Mar 31, 2022)
- Investors on record: 3

## About

OtterTune, Inc. specializes in autonomous database tuning solutions, enhancing performance through advanced algorithms that optimize query execution and resource management for diverse business environments.Founded in 2020 in Pittsburgh, US, OtterTune, Inc. develops innovative solutions for database optimization. The company has secured a total of USD 12.00 mn in funding through 3 deals, with its latest round being Series A in March 2022, co-led by Intel Capital and Race Capital, with participation from Accel. The CEO, Andy Pavlo, is one of the co-founders, who has a background in database systems and optimization.OtterTune, Inc. offers products focused on autonomous database tuning. These solutions are designed to improve performance and efficiency for businesses, primarily targeting small to medium-sized enterprises (SMEs) and larger companies seeking to optimize their database management. The company provides tools that streamline database operations, catering to clients across North America, Europe, and select regions in Asia.The revenue model is based on subscription services and direct sales of database optimization products. Clients engage through tiered subscription plans, allowing flexibility based on business size and operational needs. This model includes partnerships with resellers and agencies for additional revenue opportunities.Following its Series A funding of USD 12.00 mn in March 2022, OtterTune, Inc. plans to enhance its engineering team and expand its platform capabilities to support additional databases on various cloud platforms. The company is also focused on innovating features for autonomous optimization. These efforts will facilitate its growth into new markets, with specific targets set for regions within Asia and expanding its presence in Europe by the end of 2023.

## Funding rounds

- Series A, Mar 31, 2022, $12M — Accel, Intel Capital, Race Capital
- Seed, May 12, 2021, $2.5M — Accel

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A
- Race Capital (https://capitalatlas.ai/funds/race-capital) — Series A