Otoma

Making Payments Extraordinary - Innovation made limitless

General Information
Company Name
Otoma
Founded Year
2016
Location (Offices)
Israel +3
Founders / Decision Makers
Number of Employees
17
Industries
Computing, Financial Services, Fintech +2
Funding Stage
Series Unknown
Social Media

Otoma - Company Profile

Otoma is a Israel-based startup founded in 2016 that specializes in intelligent automation for implementing and maintaining software applications. The company’s slogan, “Knowledge is Power!”, underscores the focus on industry-based intelligence and automation that forms the core of its solutions. The current landscape of rapidly evolving technologies and ever-changing regulatory requirements demands a new approach to software implementation and upgrades. Otoma addresses these challenges by offering a novel way to implement software applications, promising speed, efficiency, and cost-effectiveness. The company’s technology is underpinned by a unique knowledge base built on industry standards and best practices, tailored to fit any business environment and accelerate implementation and testing. Key features of Otoma’s technology include full coverage for requirements and gap analysis, use and test case creation, and accelerated functional testing using automated test data generation and execution. Notably, the platform's user-friendly visual tools and advanced interface enable non-technical users to harness the power of automation effectively. The recent $6.10M Venture Round investment led by Clal Tech in September 2021 signifies a vote of confidence in Otoma’s innovative solutions. This investment is a testament to the potential of Otoma to disrupt the Financial Services, Fintech, and Information Technology industries with its intelligent automation approach. As the company continues to grow, it is actively seeking new talent, exemplifying its commitment to further advancement and success.

Taxonomy: Intelligent Automation, Technology Innovation, Financial Technology, Banking Platform, Payments Technology, Test Automation, Process Mining, Software Implementation, Requirements Analysis, Software Development

Funding Rounds & Investors of Otoma (4)

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Funding Stage Amount No. Investors Investors Date
Venture Round $6.10M 1 04 Sep 2021
Venture Round $8.00M 3 22 Oct 2019
Seed Round $3.50M 1 15 Mar 2018
Pre Seed Round $1.20M 1 01 May 2017

Latest News of Otoma

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No recent news or press coverage available for Otoma.

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