Otis AI

Overview
News
Marketing Automation?
Product stageSegments
Seed
?
Marketing campaign automation
?

Founded in 2019, Otis AI is a mobile app and web-based digital marketing platform for small and medium-scale businesses (SMBs). The firm provides a no-code digital marketing campaign automation platform that allows users to automatically engage with existing customers across social media channels, including Facebook, Instagram, and Google. The platform is capable of automatically identifying existing customers online and suggesting potential customers based on their profiles. The platform leverages AI to optimize campaigns dynamically and track cross-platform analytics. As of January 2022, the firm’s users include Extra Butter, Majestic Meats, and SHG Living.

Otis AI focuses on offering solutions geared for SMBs, startups, and social media influencers, particularly for ecommerce brands where it has a dedicated solution for Shopify businesses. In line with this, the firm offers a range of flexible pricing plans and has entered into strategic channel partnerships in the SMB space to extend its channel capabilities, including connected TV (CTV). The platform is also suitable for SMB marketing agencies for automating workflows. The firm also claims that users of its platform experience a 10x return on ad spend.

In October 2021, the firm was the only US-based company to be selected for Intuit Canada’s inaugural cohort Prosperity Accelerator. In January 2022, the firm raised USD 2.5 million in seed funding. The firm also stated that it has crossed USD 1 million in annual revenue.


HQ location:
6 St Johns Lane, New York, NY New York NY USA
Founded year:
2020
Employees:
11-50
IPO status:
Private
Total funding:
USD 5.0 mn
Last Funding:
USD 150.0 k (Non Equity Assistance; Jul 2023)
Last valuation:
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Company profile
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