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 Aug 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. Its primary sector is Autonomous Vehicles. Globally, the Autonomous Vehicles sector has seen $25.4B in funding in 2026 to date.

Where does Otiv rank among its competitors?

Otiv ranks 9th amongst 57 active competitors, of which 8 are funded. It stands 5th 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 Advanced Rail Controls, intramotev and Parallel Systems. 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

9^th among 57 active competitors

Employee Count

58 as on Aug 31, 2026

Similar Companies

intramotev & 15 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	9620458	Series A	5555407	5104391	3142350	1061357
Apr 02, 2021	4257390	Seed	9087495	4765250	4855274	imec.istart
2019	8485	Seed	9504	3337	imec.istart	7768

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View details of Otiv's funding rounds and investors

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

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

Sam De Smet: Co-Founder of Otiv.
Contact Info: 1 email address
Niels Van Damme: 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 Aug 26. Here is Otiv's employee count trend over the years:

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Top competitors of Otiv include Advanced Rail Controls, intramotev and Parallel Systems. 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	Advanced Rail Controls 2005, Bengaluru (India), Acquired	Provider of PCB, multilayer, and electronic repair services	-	-	66/100
2nd	intramotev 2020, Canada, Series A	Developer of autonomous electric cargo trains	$31.6M	Alpaca, Flybridge Capital Partners & 12 others	57/100
3rd	Parallel Systems 2020, Culver City (United States), Series B	Provider of autonomous zero-emissions rail freight transportation network	$100M	Anthos Capital, Collab Fund & 7 others	57/100
4th	Humatics 2015, Boston (United States), Series B	Control systems for robots that would enable collaborative nature in robots	$83.2M	Fontinalis Partners, Blackhorn Ventures & 15 others	50/100
5th	Septentrio 2010, Leuven (Belgium), Acquired	Provider of high precision GPS/GNSS positioning	-	-	50/100
6th	Futurail 2023, Strasbourg (France), Seed	Provider of autonomous train technology for the rail transportation	$7.65M	Leap435, Asterion	48/100
7th	The Signalling Company 2019, Schaerbeek (Belgium), Acquired	Provider of ETCS onboard solution	-	-	45/100
8th	Televic Rail 1946, Izegem (Belgium), Unfunded	Tech-enabled platform offering communication and maintenance management solutions for train operators	-	-	44/100
9th	Otiv 2019, Ghent (Belgium), Series A	Developer of AI-enabled self-driving & ADAS solutions for rails	$996K	Finindus, SHIFT Invest & 3 others	41/100
10th	sTraffic 2013, Seongnam-si (South Korea), Funding Raised	Integrated solutions for rail and road transport operators	-	SV Investment, ES Investor & 1 others	38/100