Latest round

Series B

Last raised

May 2023

Total raised

$39M

Investors

7

About Otto

Otto, founded in 2015, is a veterinary technology company focused on improving operational efficiency within veterinary clinics. The company is headquartered in Austin, US. The CEO is Steven Carter, who has a background in leading technology initiatives.Otto provides a veterinary workflow platform that streamlines clinic operations, enhances client engagement, and automates administrative tasks. Its services include an integrated suite of tools for communication between veterinary clinics and pet owners, payment processing, and care plan management. The platform is designed to reduce routine task times by up to 66% and minimize no-show rates by 50%.Otto's revenue model is primarily subscription-based, allowing veterinary practices to access its comprehensive services. Clients benefit from flexible payment options that can save clinics an average of USD 840 per month.47 mn in May 2023, Otto plans to expand its product offerings and enhance its platform's features. The company is looking to enter new markets across North America, specifically targeting additional geographic regions by the end of 2024.

Who invested in Otto

7 investors across 3 rounds

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Funding rounds

  1. Series B

    May 8, 2023

    Amount

    $32M

    Investors

    Locked

  2. Series A

    Jun 11, 2020

    Amount

    $5M

    Investors

    Locked

  3. Seed

    Jan 7, 2020

    Amount

    $2M

    Investors

    Locked

Questions about Otto

Who invested in Otto?

Otto has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Otto raised?

Otto has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Otto last raise money?

Otto's most recent round on record is a Series B, in May 2023.

What does Otto do?

Otto, founded in 2015, is a veterinary technology company focused on improving operational efficiency within veterinary clinics.

Where is Otto headquartered?

Otto is headquartered in Austin, US.

Which VCs invest in companies like Otto?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Otto's stage. Their profiles are linked below.

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