Otodo - About the company
Otodo is a series A company based in Paris (France), founded in 2016 by Eric Denoyer. It operates as a Developer of smart home automation solution. Otodo has raised $4.69M in funding from Breega and Sagemcom. The company has 538 active competitors, including 42 funded and 25 that have exited. Its top competitors include companies like Savant Systems, SmartThings and Home Assistant.
Company Details
Otodo is a developer of smart home automation solution. It can interface with devices like lights, blinds, gates, geysers, and more. It works in integration with a companion application that allows users to control and manage its setting remotely. It is compatible with both Android and iOS devices. It can also interface with Amazon Alexa and Google Home for enabling the user to control the same via voice commands. Clients include
- Website
- www.otodo.com/en/offer-en/
- Email ID
- *****@otodo.com
- Phone Number
- +33 **********
Key Metrics
Founded Year
2016
Location
Paris, France
Stage
Series A
Total Funding
$4.69M in 2 rounds
Latest Funding Round
Ranked
56th among 538 active competitors
Employee Count
24 as on Mar 31, 2026
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Otodo's funding and investors
Otodo has raised a total funding of $4.69M over 2 rounds. Its first funding round was on 2018. Its latest funding round was a Series A round on Jan 2020 for $*****. 1 investor participated in its latest round. Otodo has 2 institutional investors.
Here is the list of recent funding rounds of Otodo:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 2020 | 2600470 | Series A | 4276928 | 4942498 | 5341059 | 6583197 |
2018 | 8395 | Seed | 6286 | 2167 | 1097 |
View details of Otodo's funding rounds and investors
Otodo's founders and board of directors
Founder? Claim ProfileThe founders of Otodo is Eric Denoyer.
Here are the details of Otodo's key team members:
- Eric Denoyer: Founder of Otodo.
View details of Otodo's Founder profiles and Board Members
Otodo's employee count trend
Otodo has 24 employees as of Mar 26. Here is Otodo's employee count trend over the years:
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Otodo's Competitors and alternates
Top competitors of Otodo include Savant Systems, SmartThings and Home Assistant. Here is the list of Top 10 competitors of Otodo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Savant Systems 2005, Barnstable (United States), Late Stage | App and hub for connected device management | $90M | 67/100 | |
2nd | SmartThings 2012, Washington, DC (United States), Acquired | Samsung: Smart home technology, appliances, electronics, and mobile devices | $27.9M | 59/100 | |
3rd | Home Assistant 2013, San Diego (United States), Unfunded | Home Assistant | - | - | 58/100 |
4th | Complete home automation system | - | - | 56/100 | |
5th | IOTAS 2014, Portland (United States), Acquired | Provider of a smart home hub for integrating various connected devices on one platform | $17.5M | 55/100 | |
6th | Wireless programmable smart buttons | $466K | 54/100 | ||
7th | Manufacturer of powerline adapters and Wi-Fi extenders | - | - | 52/100 | |
8th | ConnectLife 2019, Velenje (Slovenia), Unfunded | Provider of a smart home platform connecting appliances. This platform offers a unified system for controlling various home appliances across multiple brands. Key features include remote device control, automated scheduling, energy monitoring, and integration with voice assistants. The platform also provides access to user manuals, warranty information, and service ticketing, simplifying home management and maintenance. The system aims to improve energy efficiency and convenience through intelligent features and intuitive design. | - | - | 51/100 |
9th | Provider of smart home automation solutions | $12.1M | 51/100 | ||
10th | Sorcerics 2022, Dover (United States), Seed | Virtual smart home assistant | - | 50/100 | |
56th | Developer of smart home automation solution | $4.69M | 38/100 |
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Otodo's Investments and acquisitions
Otodo has made no investments or acquisitions yet.
News related to Otodo
•
Kudelski Group CANAL+ TELECOM, NAGRA and Otodo Innovate with New Mobile Application Securing Connected Devices and Smart Home UsersWebDisclosure•Jan 04, 2023•NAGRA, CANAL+ TELECOM, Otodo, CANAL+ and 1 other
•
Otodo raises 3 million euros for its smart home remote control solutionUsine Digitale•Mar 16, 2020•Otodo, Breega
•
Renault takes its first steps in the smart home with OtodoUsine Digitale•Jan 10, 2020•Renault, Otodo
•
Groupe Renault and Otodo develop new solution linking cars and homesnewmobility.global•Jan 07, 2020•Renault, Otodo
•
Groupe Renault and Otodo develop new solution linking cars and homesRenault•Jan 06, 2020•Renault, Otodo
•
Otodo to Present Ugo – Its Magic Wand Remote Control and Innovation Award Honoree – at CES 2018Business Wire•Jan 04, 2018•Otodo
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