Otto
Company

Last deal

$13.3K

Amount

Pre-Seed

Stage

20.03.2013

Date

1

all rounds

$13.3K

Total amount

General

About Company
Otto is an autonomous startup focused on the development of self-driving technology for trucks.

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founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Pre-Seed

IPO status

Private

Description

The company's technology enables drivers to let their truck steer by itself on certain parts of the highway, providing solutions that can be fitted onto trucks, thus supporting drivers to have safer journeys, take small naps, and even have lunch while the vehicle is self-steering. Otto's automated truck driving technology reduces human error in commercial transportation, allowing truck drivers to take a break from long hours of driving and increasing safety. The company is dedicated to revolutionizing the way we approach transportation in America, and was acquired by Uber in October 2016.
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