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OTTO ID Solutions logo — We Eliminate Inaccurate Inventory Management, Manual Operati...

OTTO ID Solutions

We Eliminate Inaccurate Inventory Management, Manual Operations, and Lost Assets.

Founded 2018 Germany Frankfurt, Germany 12 employees Venture round Information Technology

General Information

Company Name OTTO ID Solutions
Founded Year 2018
Location Germany Frankfurt, Germany
Employees 12
Industries Information Technology
Funding Stage Venture round
Social

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About OTTO ID Solutions

OTTO ID Solutions is a leading expert in business automation, specializing in RFID Technology. The company offers customizable, advanced technologies including custom hardware, software, tags, and various types of readers, tailored to suit any work environment. Through their subsidiary startup, LeanWave, they cover the full range of textile products and medical supplies, providing comprehensive solutions for asset and stock management. The recent Venture Round investment at 20 March 2023 by Hestomed + Helbig underscores the potential seen in the company. With a mission to eliminate manual operations and human errors, OTTO ID Solutions aims to increase productivity, reduce costs, and ensure customer satisfaction. As a company that was founded in 2018 with registration in both Germany and the USA, OTTO ID Solutions is at the forefront of simplifying, securing, and scaling business operations for future challenges.

Business keywords: RFID solutions, Business automation, Textile management, Healthcare innovation, Asset management, Inventory management, Production process optimization, Supply chain optimization, Security solutions, Quality control, Labor cost reduction, Workflow optimization, Business operations, Customizable technologies, Proof of concept solutions

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
Hestomed + Helbig
20 Mar 2023
Non Equity Assistance Undisclosed 1
VentureOut
05 Dec 2022

OTTO ID Solutions Alternatives & Competitors

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OTTO ID Solutions vs
Vilant Systems
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OTTO ID Solutions vs
ABG Systems
ABG Systems Italy

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OTTO ID Solutions vs
ToolSense
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FAQ About OTTO ID Solutions

We Eliminate Inaccurate Inventory Management, Manual Operations, and Lost Assets.
OTTO ID Solutions was founded in 2018.
OTTO ID Solutions is headquartered in Frankfurt, Germany.
OTTO ID Solutions operates in Information Technology. Its work centres on RFID solutions, Business automation, Textile management and Healthcare innovation.
OTTO ID Solutions has approximately 12 employees.
OTTO ID Solutions has completed 2 funding rounds. The latest funding stage is Venture round.
Top alternatives and competitors to OTTO ID Solutions include Vilant Systems, ABG Systems, ToolSense, Solstice Medical, Boingtech Malaysia Sdn Bhd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
OTTO ID Solutions and Vilant Systems 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 OTTO ID Solutions, https://bouncewatch.com/company/otto-id-solutions, updated 6 December 2024. When citing, please name BounceWatch and link this page.

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