OTPLESS Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Private

  • Employees
  • 30

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $3.5M

  • Investors
  • 18

OTPLESS General Information

Description

Developer of an authentication platform intended to offer a smooth, reliable, secure, and free mobile number sign-in. The company specializes in the integration, customization, and optimization of WhatsApp-based authentication and login systems, enabling businesses with frictionless login, security, and customer acquisition cost reduction.

Contact Information

Website
otpless.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 44, Backray Portion 2nd Floor
  • Regal Building, Connaught Place
  • New Delhi, Central Delhi 110001
  • India
+91 088829
Primary Industry
Business/Productivity Software
Other Industries
Network Management Software
Vertical(s)
Cybersecurity, SaaS, Mobile
Corporate Office
  • 44, Backray Portion 2nd Floor
  • Regal Building, Connaught Place
  • New Delhi, Central Delhi 110001
  • India
+91 088829

OTPLESS Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

OTPLESS Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Early Stage VC (Series A) 12-Jun-2024 $3.5M Completed Generating Revenue
2. Seed Round 24-Mar-2023 Completed Product In Beta Test
1. Accelerator/Incubator Completed Product In Beta Test
To view OTPLESS’s complete valuation and funding history, request access »

OTPLESS Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Pre-Series A CCPS
CCPS
Ordinary Shares
Seed CCPS 2,662 $1.199386 $556.56 $556.56 1x $556.56 15.02%
Ordinary Shares 1,992 $0.119939 $556.56 $556.56 1x $556.56 11.24%
To view OTPLESS’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Request a free trial

OTPLESS Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an authentication platform intended to offer a smooth, reliable, secure, and free mobile number sign-in. Th
Business/Productivity Software
New Delhi, India
30 As of 2025

San Francisco, CA
 

San Francisco, CA
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

OTPLESS Competitors (36)

One of OTPLESS’s 36 competitors is Stytch, a Formerly VC-backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Stytch Formerly VC-backed San Francisco, CA
OneLogin Formerly VC-backed San Francisco, CA
Clerk Venture Capital-Backed San Francisco, CA
JumpCloud Venture Capital-Backed Louisville, CO
Descope Venture Capital-Backed Cupertino, CA
You’re viewing 5 of 36 competitors. Get the full list »

OTPLESS Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

OTPLESS Investors (18)

Investor Name Investor Type Holding Investor Since Participating Rounds
Better Capital (California) Venture Capital Minority
Angel (individual) Minority
Piper Serica Advisors Asset Manager Minority
SIDBI Venture Capital Venture Capital Minority
AL Trust (India) Venture Capital Minority
You’re viewing 5 of 18 investors. Get the full list »

Ready to get started?

Request a free trial

OTPLESS FAQs

  • When was OTPLESS founded?

    OTPLESS was founded in 2021.

  • Where is OTPLESS headquartered?

    OTPLESS is headquartered in New Delhi, India.

  • What is the size of OTPLESS?

    OTPLESS has 30 total employees.

  • What industry is OTPLESS in?

    OTPLESS’s primary industry is Business/Productivity Software.

  • Is OTPLESS a private or public company?

    OTPLESS is a Private company.

  • What is the current valuation of OTPLESS?

    The current valuation of OTPLESS is .

  • What is OTPLESS’s current revenue?

    The current revenue for OTPLESS is .

  • How much funding has OTPLESS raised over time?

    OTPLESS has raised $6.2M.

  • Who are OTPLESS’s investors?

    Better Capital (California), , Piper Serica Advisors, SIDBI Venture Capital, and AL Trust (India) are 5 of 18 investors who have invested in OTPLESS.

  • Who are OTPLESS’s competitors?

    Stytch, OneLogin, Clerk, JumpCloud, and Descope are some of the 36 competitors of OTPLESS.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process