Otis AI, a digital marketing platform for small and medium scale businesses (SMBs), raised USD 2.5 million in seed funding with participation from Studio VC, Insta Ventures, DEPO Ventures, 5 Eyes Ventures, Emerging Ventures, Gaingels, and Papa Bear Ventures.
The firm also announced that it has crossed USD 1 million in annual revenue and has entered into strategic channel partnerships in the SMB space.
Founded in 2019, Otis AI provides a no-code digital marketing campaign automation platform that allows users to automatically engage with existing customers across multiple channels including Facebook, Instagram, and Google. The platform leverages artificial intelligence (AI) to optimize campaigns dynamically and track cross-platform analytics. The firm’s users include Extra butter, Majestic meats, and SHG living.
<ul><li> Analyst QuickTake : With its no-code solution and flexible pricing model, Otis AI is positioned to capitalize on the growth in direct-to-consumer (D2C) brands in the SMB space. This segment is expected to attract investor interest given its growth potential as seen in the recent USD 4 million seed round fundraising by Mobiz.</ul>
By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.