When was Otiv founded?

Otiv was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is Otiv located?

Otiv is headquartered in Ghent, Belgium.

How many employees does Otiv have?

As of May 31, 2026, the latest employee count at Otiv is 58.

Is Otiv a funded company?

Otiv is a funded company, having raised a total of $996K across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2019.

When was the latest funding round of Otiv?

Otiv's latest funding was a $***** Series A round on Jan 17, 2023, with participation from 3 investors.

Where does Otiv rank among its competitors?

Otiv ranks 3rd amongst 13 active competitors, of which 4 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was intramotev, which secured $10.8M in Nov, 2025.

Who are the top competitors of Otiv?

Otiv's top competitors include Parallel Systems, intramotev and Glid. Among them, intramotev secured the most recent funding round in November, 2025.

Otiv - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Develops AI-enabled self-driving & ADAS solutions for rails. It develops a full software stack for autonomous driving equipped with ADAS solutions. The ADAS system offers a passive and active driver assistant system. Passive systems will provide information and notify drivers in crucial situations. The active system takes control when the driver takes insufficient action. It offers features like collision avoidance, (corner) speed control, blind-spot detection, and more.

Website: www.otiv.ai/
Social
Email ID: *****@otiv.ai

Key Metrics

Founded Year

2019

Location

Ghent, Belgium

Stage

Series A

Total Funding

$996K in 3 rounds

Latest Funding Round

Series A, Jan 17, 2023, $*****

Investors

Finindus & 4 more

Ranked

3^rd among 13 active competitors

Employee Count

58 as on May 31, 2026

Similar Companies

Parallel Systems & 11 more

View Otiv's full profile

Otiv is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
OTIV CIN: 0743.386.224 , Belgium, Active	Feb 05, 2020	-	7 (As on Dec 31, 2022)	-

Otiv has raised a total funding of $996K over 3 rounds. Its first funding round was on 2019. Its latest funding round was a Series A round on Jan 17, 2023 for $*****. 3 investors participated in its latest round. Otiv has 4 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Otiv:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 17, 2023	3014520	Series A	3028388	6465374	2012595	4522691
Apr 02, 2021	3142169	Seed	9958706	1608000	5747224	imec.istart
2019	8142	Seed	9265	6061	imec.istart	1373

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View details of Otiv's funding rounds and investors

The founders of Otiv are Niels Van Damme and Sam De Smet.

Here are the details of Otiv's key team members:

Niels Van Damme: Co-Founder of Otiv.
Contact Info: 1 email address
Sam De Smet: Co-Founder of Otiv.
Contact Info: 1 email address

View details of Otiv's Founder profiles and Board Members

Otiv's employee count trend

Otiv has 58 employees as of May 26. Here is Otiv's employee count trend over the years:

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Top competitors of Otiv include Parallel Systems, intramotev and Glid. Here is the list of Top 10 competitors of Otiv, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Parallel Systems 2020, Culver City (United States), Series B	Provider of autonomous zero-emissions rail freight transportation network	$100M	Anthos Capital, ARPA-E & 4 others	61/100
2nd	intramotev 2020, Canada, Series A	Developer of autonomous electric cargo trains	$31.6M	Alpaca, Flybridge Capital Partners & 12 others	57/100
3rd	Otiv 2019, Ghent (Belgium), Series A	Developer of AI-enabled self-driving & ADAS solutions for rails	$996K	Finindus, Pitchdrive & 3 others	41/100
4th	Glid 2022, Salt Lake City (United States), Acquired	Provider of autonomous cargo rail transportation solutions	-	Antler	40/100
5th	Gld Technologies United States, Seed	Developer of dual-mode vehicles and AI-powered systems for freight transport	$3.1M	Outlander VC, Antler & 3 others	31/100
6th	Magrail.net 2022, Zurich (Switzerland), Unfunded	Provider of autonomous cargo train solutions	-	-	24/100
7th	Chinook 2021, Edmonton (Canada), Funding Raised	Provider of autonomous rail cargo delivery solutions	-	Cheyenne Ventures	22/100
8th	CyberTran International 1989, Richmond (United States), Unfunded	Provider of autonomous rail technology solutions	-	-	20/100
9th	RailHaul 2009, Vancouver (Canada), Unfunded	Provider of autonomous rail cars for cargo transportation	-	-	19/100
10th	Hydrogen Super Highway 2005, Durand (United States), Unfunded	Provider of autonomous freight and passenger rail transport solutions	-	-	16/100