Otto - About the company
Otto is a seed company based in Seattle (United States), founded in 2024 by Chundong Wang and Michael Gulmann. It operates as a Provider of an AI-powered platform for managing and booking business travel. Otto has raised $6M in funding from Madrona. The company has 810 active competitors, including 146 funded and 129 that have exited. Its top competitors include companies like Ramp, Brex and Navan.
Company Details
Provider of an AI-powered platform for managing and booking business travel. The platform learns user preferences to handle bookings and solve travel-related issues. It aims to streamline the process of booking flights and hotels. The platform personalizes travel options based on individual preferences and company policies.
- Website
- www.ottotheagent.com/
- Email ID
- *****@ottotheagent.com
Key Metrics
Founded Year
2024
Location
Seattle, United States
Stage
Seed
Total Funding
$6M in 1 round
Latest Funding Round
Ranked
84th among 810 active competitors
Employee Count
10 as on Jun 30, 2026
Legal entities associated with Otto
Otto is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OTTO TRIP, INC. CIN: 3397408 , United States, Active | Apr 05, 2024 | - | - | - |
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Otto's funding and investors
Otto has raised a total funding of $6M over 1 round. Its latest funding round was a Seed round on Jun 11, 2024 for $*****. 4 investors participated in its latest round. Otto has 2 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Otto:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 11, 2024 | 7892934 | Seed | 3582249 | 6254494 | 1778711 | 3407879 |
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Otto's founders and board of directors
Founder? Claim ProfileHere are the details of Otto's key team members:
- Chundong Wang: CTO & Co-Founder of Otto.
- Michael Gulmann: CEO / Founder of Otto.
View details of Otto's Founder profiles and Board Members
Otto's employee count trend
Otto has 10 employees as of Jun 26. Here is Otto's employee count trend over the years:
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Otto's Competitors and alternates
Top competitors of Otto include Ramp, Brex and Navan. Here is the list of Top 10 competitors of Otto, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Ramp 2019, New York City (United States), Series F | Provider of a platform for spend management, corporate cards, and payables | $3.22B | 84/100 | |
2nd | Brex 2017, San Francisco (United States), Acquired | Provider of financial software platform, cards, banking, expense, and accounting | $1.2B | 81/100 | |
3rd |  Navan 2015, Palo Alto (United States), Public | Provider of a platform for business travel and expense management | $1.58B | 80/100 | |
4th | Provider of spend management platform with virtual and physical card options | $434M | 80/100 | ||
5th | Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows | $13.7M | 80/100 | ||
6th | Perk 2012, Austin (United States), Series E | Provider of AI powered platform for managing business travel, expenses, and invoices | $715M | 77/100 | |
7th | Provider of software for managing corporate spending and invoice processing | $304M | 77/100 | ||
8th |  Fyle 2016, Newark (United States), Acquired | Provider of expense management software automating receipt tracking and reconciliation | $15.4M | 77/100 | |
9th |  Yonder 2020, London (United Kingdom), Series B | Online platform to discover & book outdoor tours | $81.4M | 76/100 | |
10th |  Emburse 2002, San Francisco (United States), Acquired | Provider of software for managing corporate travel and expense reporting | $7.5M | 76/100 | |
84th | Otto 2024, Seattle (United States), Seed | Provider of an AI-powered platform for managing and booking business travel | $6M | 48/100 |
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Otto's Investments and acquisitions
Otto has made no investments or acquisitions yet.
Reports related to Otto
Here is the latest report on Otto's sector:
News related to Otto
Media has covered Otto for a total of 2 events in the last 1 year, 2 of them have been about company updates.
•
Otto to begin corporate travel pilots following beta testingBusiness Travel News Europe•Dec 05, 2025•Otto
•
Otto The Agent Launches to the Public, Bringing an Executive Assistant Experience to Every Business TravelerBusiness Wire•Dec 04, 2025•Otto
•
Travel AI Agent Company Otto Raises $6 Million, Backed by Industry Leaders and Founders from Expedia, Egencia, Concur, Orbitzintelligence360•Sep 05, 2024•Madrona, Otto, DT Vacations
•
Expedia vet leads stealthy Madrona Venture Labs spinout building an AI agent for business travelersGeekWire•Aug 22, 2024•Otto, Madrona
•
Travel AI Agent Company Otto Raises $6 Million, Backed by Industry Leaders and Founders from Expedia, Egencia, Concur, OrbitzBusiness Wire•Aug 22, 2024•Otto, DT Vacations, Madrona, OTTO
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