otto by DEVCONrevenue, valuation & funding
Operational Risk Management SoftwareMemphis, TennesseeFounded 2017CEO Maggie Louie
otto by DEVCON specializes in the fields of risk management and SaaS.
otto by DEVCON revenue
otto by DEVCON's annual revenue was $980K in May 2020 (source not recorded), the most recent figure on record.
| As of | Revenue | Source |
|---|---|---|
| May 2020 | $980K | – |
– source not recorded
otto by DEVCON valuation
otto by DEVCON is privately held, so there is no otto by DEVCON stock to buy. Investors valued it at $18M in its May 2020 Seed round.
Valuation history$18M Seed 2020$625K Angel 2017
otto by DEVCON funding rounds & investors
otto by DEVCON has raised $6.5M across two rounds since 2018. The latest was a $2M Seed round in May 2020.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| May 2020 | Seed | $2M | $18M |
| Nov 2018 | Seed | $4.5M | – |
| Total raised | $6.5M |
otto by DEVCON competitors
otto by DEVCON competes most directly with Snyk.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Snyk | $326M | $1.9B | 1,550 | 5K | 2015 |
| otto by DEVCON | $980K | $6.5M | 10 | – | 2017 |
#282 of 409 Operational Risk Management Software companies by revenue · category median $2.9M · See the ranking
otto by DEVCON CEO, founders & employees
Maggie Louie founded otto by DEVCON in 2017 and runs it as CEO. otto by DEVCON had 10 employees (October 2024, LinkedIn).
- Maggie LouieFounder & CEO
All 2 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 10 | |
| May 2020 | 10 | – |
otto by DEVCON FAQ
What is otto by DEVCON's revenue?
otto by DEVCON's annual revenue was $980K in May 2020 (source not recorded). No later figure is on record.
What is otto by DEVCON's valuation?
Investors valued otto by DEVCON at $18M in its May 2020 Seed round.
How much funding has otto by DEVCON raised?
otto by DEVCON has raised $6.5M across two funding rounds. The latest was a $2M Seed round in May 2020.
Is otto by DEVCON publicly traded?
No. otto by DEVCON is a private company, so its shares aren't traded on a stock exchange.
How many employees does otto by DEVCON have?
otto by DEVCON had 10 employees in October 2024, according to LinkedIn.
Who is the CEO of otto by DEVCON?
Maggie Louie is the CEO of otto by DEVCON and founded the company in 2017.
Who founded otto by DEVCON?
Maggie Louie founded otto by DEVCON in 2017.
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How this page is sourced
1 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 15, 2024Data disclaimerReport a correctionClaim this profileRun otto by DEVCON? Join the podcast