OTIV Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 45

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $10.4M

  • Investors
  • 9

OTIV General Information

Description

Developer of a remote control and self-driving system designed to improve safety and efficiency in rail operations. The company's driver assistance system supports drivers on mainline and in urban environments to prevent collisions and its suite of sensors and algorithms can be integrated into new rolling stock or retrofitted in the current fleet, enabling public and private railway operators to access AI-based intelligent driver assistance and autonomous driving to increase the cost efficiency of rail, solve the challenge of driver shortages and boost network capacity, while advancing the overall safety of the network.

Contact Information

Website
www.otiv.ai
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Rue de la Presse 35
  • 1000 Brussels
  • Belgium
+32 02
Primary Industry
Business/Productivity Software
Other Industries
Rail
Vertical(s)
Mobility Tech, SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • Rue de la Presse 35
  • 1000 Brussels
  • Belgium
+32 02

OTIV Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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OTIV Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Later Stage VC 11-Dec-2025 $10.4M Completed Generating Revenue
8. Later Stage VC 28-May-2024 Completed Generating Revenue
7. Early Stage VC (Series A) 12-Jan-2023 Completed Generating Revenue
6. Seed Round 02-Apr-2021 Completed Generating Revenue
5. Accelerator/Incubator 01-Jan-2021 Completed Generating Revenue
4. Accelerator/Incubator 16-Dec-2020 Completed Generating Revenue
3. Accelerator/Incubator 04-Mar-2020 Completed Generating Revenue
2. Accelerator/Incubator Completed Startup
1. Accelerator/Incubator 11-Oct-2019 Completed Startup
To view OTIV’s complete valuation and funding history, request access »

OTIV Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
A Preference Shares
Class A
Ordinary 32,325 $17.26 $17.26 1x $17.26 14.89%
To view OTIV’s complete cap table history, request access »

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OTIV Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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OTIV Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Miles Ahead (Belgium) Venture Capital Minority
Finindus Venture Capital Minority
SHIFT Invest Venture Capital Minority
Pitchdrive Venture Capital Minority
European Institute of Innovation and Technology Government
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OTIV FAQs

  • When was OTIV founded?

    OTIV was founded in 2019.

  • Where is OTIV headquartered?

    OTIV is headquartered in Brussels, Belgium.

  • What is the size of OTIV?

    OTIV has 45 total employees.

  • What industry is OTIV in?

    OTIV’s primary industry is Business/Productivity Software.

  • Is OTIV a private or public company?

    OTIV is a Private company.

  • What is OTIV’s current revenue?

    The current revenue for OTIV is .

  • How much funding has OTIV raised over time?

    OTIV has raised $14.8M.

  • Who are OTIV’s investors?

    Miles Ahead (Belgium), Finindus, SHIFT Invest, Pitchdrive, and European Institute of Innovation and Technology are 5 of 9 investors who have invested in OTIV.

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