Otto is a Los Angeles, CA financial technology company founded by Max Klein that provides a financial health platform for consumers. Its core product centralizes debt information—balances, interest rates, and due dates—into a single view so customers can monitor accounts without logging into multiple sites. Otto's algorithm identifies repayment options tailored to individual users and creates adaptive repayment plans that recommend how much to allocate to each account to save on interest or improve credit scores. The company raised $4.5M in funding and plans to use the proceeds to accelerate development of its machine-learning repayment experience, build native apps, and pursue growth through strategic partnerships. Otto aims to help consumers become debt-free by combining real-time monitoring with intelligent, behavior-adaptive repayment recommendations.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2023