FundedIQ
Financial Services

Otto: Funding, Investors & Team (Oct 2026)

Leveraging modern technology to inform credit decisions that are agnostic of an individual's credit score, Otto is the world’s first vehicle-secured, revolving credit solution.

otto.xyz LinkedIn Dallas, United States 11-50 employees
Banking Consumer Lending Credit Cards Financial Services FinTech Personal Finance
Total raised
$4.0M
Rounds
1
Latest
Seed
Oct 2021

Otto has raised $4.0M across 1 funding round on record, the most recent a Seed of $4.0M announced in Oct 2021.

That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Otto Company Profile and Key Stats

Total funding raised
$4.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$4.0M in Oct 2021
Employees
11-50
reported band
Headquarters
Dallas, United States

Latest funding round on record: Oct 2021.

Otto Funding Rounds

Date
Round
Amount
Seed
$4.0M

Otto Founders and Leadership Team

Name
Role
Contact
Otto Ruebsamen
CEO
—

No contact details are on record for this team yet.

Otto Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
30,234
$7.6M
17,054
$3.1M

Otto's latest round of $4.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Otto in Financial Services and Dallas

Companies Similar to Otto

Otto Funding FAQs

What does Otto do?

Leveraging modern technology to inform credit decisions that are agnostic of an individual's credit score, Otto is the world’s first vehicle-secured, revolving credit solution.

How much funding has Otto raised?

Otto has raised $4.0M across 1 round on record. The most recent is a Seed of $4.0M announced in Oct 2021.

When did Otto last raise funding?

Otto's most recent funding round on record is a Seed of $4.0M, announced in Oct 2021.

Who is the CEO of Otto?

Otto Ruebsamen is listed as CEO at Otto.

Where is Otto headquartered?

Otto is based in Dallas, Texas, United States.

How many employees does Otto have?

Otto is in the 11-50 employee band.

How does Otto's funding compare to other Financial Services startups?

Otto's latest round of $4.0M is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 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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