FundedIQ
Commerce and Shopping

OTTO: Funding, Investors & Team (Sep 2026)

OTTO is a contemporary platform for real estate that addresses the issue of low home inventory by simplifying the process for homeowners to receive offers from interested and qualified buyers. By gathering real estate listings from various sources and combining them with our unique inventory of homeowners open to offers, OTTO offers a larger selection of homes for sale compared to other home search websites.

www.opentotheoffer.com Milford, United States 1-10 employees
Marketplace Real Estate
Total raised
$790k
Rounds
1
Latest
Seed
Aug 2024

OTTO has raised $790k across 1 funding round on record, the most recent a Seed of $790k announced in Aug 2024.

That round is below the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

OTTO Company Profile and Key Stats

Total funding raised
$790k
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$790k in Aug 2024
Employees
1-10
reported band
Headquarters
Milford, United States

Latest funding round on record: Aug 2024.

OTTO Funding Rounds

Date
Round
Amount
Seed
$790k

OTTO Founders and Leadership Team

Name
Role
Contact
Nicolas Otto
Founder

No contact details are on record for this team yet.

OTTO Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round
29,722
$7.5M
16,485
$3.1M

OTTO's latest round of $790k is below the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

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OTTO Funding FAQs

What does OTTO do?

OTTO is a contemporary platform for real estate that addresses the issue of low home inventory by simplifying the process for homeowners to receive offers from interested and qualified buyers. By gathering real estate listings from various sources and combining them with our unique inventory of homeowners open to offers, OTTO offers a larger selection of homes for sale compared to other home search websites.

How much funding has OTTO raised?

OTTO has raised $790k across 1 round on record. The most recent is a Seed of $790k announced in Aug 2024.

When did OTTO last raise funding?

OTTO's most recent funding round on record is a Seed of $790k, announced in Aug 2024.

Who founded OTTO?

FundedIQ lists Nicolas Otto (Founder) at OTTO.

Where is OTTO headquartered?

OTTO is based in Milford, Connecticut, United States.

How many employees does OTTO have?

OTTO is in the 1-10 employee band.

How does OTTO's funding compare to other Commerce and Shopping startups?

OTTO's latest round of $790k is below the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's OTTO Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for OTTO is left off this page rather than filled in.

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