OTO
PrivateLast Round
Series A
Jul 22, 2024
Total Funding Raised
$11M
Momentum Score
25 /100
Company Overview
OTO is a logistics technology company based in Riyadh, Saudi Arabia, that provides a SaaS platform for e-commerce businesses and omnichannel retailers. Founded in 2019 by Mohammad AlRazaz and Furkan Uzar, the company's platform acts as a shipping gateway that allows merchants to manage, ship, track, analyze, and return their online orders through a single integrated dashboard. OTO connects businesses with a network of over 250 local and international shipping carriers, automating and streamlining the entire fulfillment process. The platform integrates with major e-commerce systems like Shopify, WooCommerce, and Magento. OTO has raised over $11 million in funding, including an $8 million Series A round in July 2024 led by Sanabil Investments, to expand its presence in Saudi Arabia, the UAE, and Turkey.
Sector
Enterprise Software
Verticals
Logistics Software, E-commerce, Retail Technology, Supply Chain, Customer Experience
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS, Freemium
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
OTO Comps
Public and private peers based on sector, stage, and business model.
OTO Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Jul 22, 2024 | ||||
| Seed | Oct 11, 2021 |
Key People
Founding team and executive leadership
OTO Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Sanabil Investments | Series A |
| Sanabil 500 | Series A |
| 500 Global | Seed |
| Sadu Capital | Series A |
| Soma Capital | Series A |
| Iliad Partners | Series A |
| Derayah VC | Seed |
OTO Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about OTO's valuation, stock price, and market status.
