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Otoma logo — Making Payments Extraordinary - Innovation made limitless

Otoma

Making Payments Extraordinary - Innovation made limitless

Founded 2016 Israel Israel 17 employees Venture round Total: $18.80M Computing, Financial Services +3

General Information

Company Name Otoma
Founded Year 2016
Location Israel Israel
Employees 17
Industries Computing, Financial Services, Fintech +2
Funding Stage Venture round
Social

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About Otoma

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.

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

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $6.10M 1
Clal Tech
Clal Tech
04 Sep 2021
Venture Round $8.00M 3
Clal Tech Moneta Capital New Era Capital Partners
Clal Tech, Moneta Capital +1
22 Oct 2019
Seed Round $3.50M 1
Clal Tech
Clal Tech
15 Mar 2018
Pre Seed Round $1.20M 1
Clal Tech
Clal Tech
01 May 2017

Otoma Alternatives & Competitors

View All Alternatives
Otoma vs
Virtuoso QA
Virtuoso QA United Kingdom

AI generates software. Virtuoso QA generates the evidence to trust it

Series A
110 employees
IT, Information Technology
Otoma vs
Semaphore Partners
Semaphore Partners

The leading choice for mobile banking solutions, trusted by over 800 banks and credit unions nationw...

Venture round
4 employees
Financial Services, Fintech
Otoma vs
UpFlux
UpFlux Brazil

Plataforma #1 em IA para otimização de processos

Seed
88 employees
AI, Analytics
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FAQ About Otoma

Making Payments Extraordinary - Innovation made limitless
Otoma was founded in 2016.
Otoma is headquartered in Israel.
Otoma operates in Computing, Financial Services, Fintech, IT and Information Technology. Its work centres on Intelligent Automation, Technology Innovation, Financial Technology and Banking Platform.
Otoma has approximately 17 employees.
Otoma has completed 4 funding rounds, raising a total of $18.80M. The latest funding stage is Venture round.
Top alternatives and competitors to Otoma include Virtuoso QA, Semaphore Partners, UpFlux, EXOS TECHNOLOGY, Roboyo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Otoma and Virtuoso QA are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Otoma, https://bouncewatch.com/company/otoma, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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