Otodata develops remote sensing hardware and accompanying monitoring software for fuel and lubricant tanks, including low-cost tank level monitors, an inventory management portal, and a mobile app. Its monitoring software enables remote tank monitoring and delivers data that helps customers make cost-effective operational decisions. The company positions its monitors as award-winning and affordable for large-scale deployment by fuel providers. Otodata emphasizes improving service levels while reducing customer costs and environmental footprint. Founded in 2008, the business serves fuel providers across North America and is focused on product diversification. Recent capital will be used to support continued growth and expanded product offerings across the region.

Total raised

$8M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2020