Otonomo
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | <1m | <1m | 1.7m | 7.0m | 20.2m |
% growth | - | 205 % | 337 % | 306 % | 188 % |
EBITDA | (20.1m) | (17.1m) | (35.5m) | (4.5m) | - |
% EBITDA margin | (15598 %) | (4335 %) | (2058 %) | (64 %) | - |
Profit | (19.1m) | (20.0m) | (30.9m) | (131m) | - |
% profit margin | (14812 %) | (5087 %) | (1795 %) | (1875 %) | - |
EV / revenue | - | 474.6x | 193.3x | -11.6x | - |
EV / EBITDA | - | -10.9x | -9.4x | 18.2x | - |
R&D budget | 7.7m | 8.2m | 12.1m | 22.6m | - |
R&D % of revenue | 5991 % | 2080 % | 701 % | 323 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$3.0m | Seed | ||
$12.0m | Series A | ||
$25.0m | Series B | ||
$3.0m | Early VC | ||
$10.0m Valuation: $370m | Series C | ||
$46.0m | Series C | ||
* | $113m Valuation: $1.2b 3045.7x EV/LTM Revenues -70.3x EV/LTM EBITDA | SPAC IPO | |
* | $143m | SPAC Private Placement | |
* | N/A | Acquisition | |
Total Funding | $242m |
Recent News about Otonomo
EditOtonomo operates in the automotive data services sector, leveraging patented technology to process and enhance data from 18 million connected vehicles globally. The company serves a diverse client base, including automotive manufacturers, fleet operators, insurance companies, and smart city planners. Otonomo's platform ingests, secures, cleanses, normalizes, aggregates, and enriches car data, enabling clients to develop innovative applications and services. This data-driven approach helps improve vehicle operations, asset management, and safety, while also ensuring consumer privacy and trust. Otonomo generates revenue through a subscription-based business model, offering access to its data platform and value-added services. The company operates primarily in the global connected car market, which is rapidly expanding as more vehicles become equipped with advanced data capabilities.
Keywords: automotive data, connected vehicles, fleet management, data enrichment, smart cities, vehicle operations, asset management, safety, consumer privacy, subscription model.