OTTO Health
About OTTO Health
OTTO Health is a company based in Denver (United States) founded in 2013 by Michael Guese was acquired by NextGen Healthcare Information Systems in December 2019.. OTTO Health has raised $50 thousand across 1 funding round from investors including NextGen Healthcare Information Systems. OTTO Health offers products and services including Telehealth Platform and EHR Integration Tool. OTTO Health operates in a competitive market with competitors including Ro, Amwell, HealthTap, MD Live and Plushcare, among others.
- Headquarter Denver, United States
- Founders Michael Guese
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Nxgn Management, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$50 K (USD)
in 1 rounds
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Latest Funding Round
$50 K (USD), Seed
Jun 24, 2014
- Investors
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Employee Count
Employee Count
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Acquired by
NextGen Healthcare Information Systems
(Dec 12, 2019)
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Products & Services of OTTO Health
OTTO Health offers a comprehensive portfolio of products and services, including Telehealth Platform and EHR Integration Tool. 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.
Enables virtual patient visits and efficient provider consultations.
Integrates with electronic health records for streamlined workflows.
Funding Insights of OTTO Health
OTTO Health has successfully raised a total of $50K through 1 strategic funding round. The most recent funding activity was a Seed round of $50 thousand completed in June 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $50,000
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First Round
First Round
(24 Jun 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Seed - OTTO Health | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OTTO Health
OTTO Health has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include NextGen Healthcare Information Systems. 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 |
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Cloud-based administration solutions for healthcare providers are delivered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by OTTO Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - OTTO Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Otto Health Comparisons
Competitors of OTTO Health
OTTO Health 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 Ro, Amwell, HealthTap, MD Live and Plushcare, 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 |
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| domain | founded_year | HQ Location |
Digital health services for men's wellness are offered by Ro.
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Telehealth solutions are provided for doctors and patients' consultations.
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Tech-enabled Q&A and video consultation platform for patients and doctors
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| domain | founded_year | HQ Location |
Cloud-based telemedicine consultations are offered 24/7 to patients nationwide.
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| domain | founded_year | HQ Location |
Primary healthcare is delivered through telemedicine services.
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| domain | founded_year | HQ Location |
Virtual consultations with physicians are provided through a telemedicine platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Otto Health
Frequently Asked Questions about OTTO Health
When was OTTO Health founded?
OTTO Health was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is OTTO Health located?
OTTO Health is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Who is the current CEO of OTTO Health?
Evan Frankel is the current CEO of OTTO Health.
Is OTTO Health a funded company?
OTTO Health is a funded company, having raised a total of $50K across 1 funding round to date. The company's 1st funding round was a Seed of $50K, raised on Jun 24, 2014.
What does OTTO Health do?
OTTO Health was founded in 2013 in Denver, United States, within the telemedicine sector. Video-based consultations with local physicians are provided for acute conditions, along with electronic prescriptions accessible via iPhone, iPad, or laptop. The platform is HIPAA compliant and features HD video quality. White-label solutions are offered to providers for branding purposes. A standard fee of 49 is charged to patients.
Who are the top competitors of OTTO Health?
What products or services does OTTO Health offer?
OTTO Health offers Telehealth Platform and EHR Integration Tool.
Who are OTTO Health's investors?
OTTO Health has 1 investor. Key investors include NextGen Healthcare Information Systems.