About Otodata
Otodata is a company based in Montreal (Canada) founded in 2008 was acquired by Renovo Capital in January 2021.. Otodata offers products and services including IoT Connectivity Service. Otodata operates in a competitive market with competitors including Samsara, Wright Express, Radius, Lytx and Platform Science, among others.
- Headquarter Montreal, Canada
-
Sectors
TechnologyIndustrial Goods & Manufacturing Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$7.5 M (USD), Debt – Conventional
Jan 17, 2020
-
Investors
Canadian Imperial Bank of Commerce
& 1 more
-
Employee Count
Employee Count
-
Acquired by
Renovo Capital
(Jan 01, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Otodata
Otodata offers a comprehensive portfolio of products and services, including IoT Connectivity Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for managing and connecting internet of things devices
Funding Insights of Otodata
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $7.5M
-
First Round
First Round
(17 Jan 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Debt – Conventional - Otodata | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Otodata
Otodata has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce and Renovo Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Renovo Capital is engaged in private equity investments strategically.
|
Founded Year | Domain | Location | |
|
Commercial banking services are provided to individuals and businesses.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Otodata
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Otodata
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Otodata Comparisons
Competitors of Otodata
Otodata operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Samsara, Wright Express, Radius, Lytx and Platform Science, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
|
|
| domain | founded_year | HQ Location |
Employee benefit administration and payment solutions are provided for enterprises.
|
|
| domain | founded_year | HQ Location |
Predictive marketing and sales platform
|
|
| domain | founded_year | HQ Location |
Provider of video telematics and fleet management solutions
|
|
| domain | founded_year | HQ Location |
Provider of integrated solutions for fleet management
|
|
| domain | founded_year | HQ Location |
Fleet telematics and management solutions for safe driving are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Otodata
Frequently Asked Questions about Otodata
When was Otodata founded?
Otodata was founded in 2008 and raised its 1st funding round 12 years after it was founded.
Where is Otodata located?
Otodata is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
What does Otodata do?
Otodata was founded in 2008 in Montreal, Canada, and operates in the IoT sector. Wireless network connectivity solutions are offered, including proprietary remote sensing products and technologies for cellular communications. Hardware and software solutions are provided for remote tank monitoring, vehicle management, and telematics. These services support industrial applications across various geographies.
Who are the top competitors of Otodata?
Otodata's top competitors include Samsara, Wright Express and Radius.
What products or services does Otodata offer?
Otodata offers IoT Connectivity Service.
Who are Otodata's investors?
Otodata has 2 investors. Key investors include Canadian Imperial Bank of Commerce, and Renovo Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.