Skip to content
High Tech Series A Founded 2016

Otodo

Otodo is a developer of smart home automation solutions, providing turnkey connected housing platforms for service providers and property managers. The company's offering encompasses smart energy management, smart home comfort, and home security solutions, centered around its multi-protocol hub technology. The Otodo Hub-MZ is the most advanced model, managing local home automation scenarios without requiring an…

📍 Paris, France · Smart Homes,

Funding snapshot

Last roundSeries A
Amount$3M
Date1 January 2020
Total raised$5M
Team size24

About

Otodo is a developer of smart home automation solutions, providing turnkey connected housing platforms for service providers and property managers. The company's offering encompasses smart energy management, smart home comfort, and home security solutions, centered around its multi-protocol hub technology. The Otodo Hub-MZ is the most advanced model, managing local home automation scenarios without requiring an internet connection and supporting protocols including Matter, while the Hub-ZT offers a cost-effective, lightweight alternative. Otodo can also integrate as a software agent into IP gateways or modems in various versions including WRT and RDK. The platform's VAV Connect solution provides connected smart heating management, featuring installation without modification to existing radiators, intelligent control via mobile application enabling remote control and time programming, energy savings of up to 25 percent through personalized regulation, and compatibility with all electricity meters and energy suppliers. The Otodo cloud serves as a secure interface between device manufacturers, telecom operators, service providers, and connected homes. The platform supports voice interaction through Alexa and Google Nest, with a proprietary NLP voice command module. Otodo offers white-label solutions with customizable mobile applications, supervision portals for service operators, and pre-configured automation scenarios. Founded in 2016 and headquartered in Paris, France, the company has raised $4.7M in Series A funding from investors including Sagemcom and Breega.

Business model

Smart Homes > Home Automation Controllers > Hubs

Institutional investors

Sagemcom Breega

Latest coverage

No articles yet.

Raising like Otodo?

Analyze your pitch deck before your next raise.

Analyze My Deck →