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otto by DEVCON specializes in the fields of risk management and SaaS.
Last updated
In 2020, otto by DEVCON's revenue reached $980K. Since its launch in 2017, otto by DEVCON has shown consistent revenue growth.
otto by DEVCON reached a $18M valuation in 2020, set during its Seed Round round.
otto by DEVCON has raised $6.5M in total funding across 2 rounds, most recently a $2M Seed Round round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Seed Round | $2M | $18M | 11% | |
| 2018 | Seed Round | $4.5M | - | - | |
| 2017 | Angel Round | - | $625K | - |
CEO
Maggie Louie is the founder and CEO at Devcon Detect. She has a proven experience in developing startups within corporations.
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for otto by DEVCON yet.
otto by DEVCON employs approximately 10 people as of 2026.
otto by DEVCON generates $980K in revenue.
otto by DEVCON was founded by Maggie Louie.
The CEO of otto by DEVCON is Maggie Louie.
otto by DEVCON raised $6.5M across 2 rounds.
otto by DEVCON has 10 employees.
otto by DEVCON is headquartered in Memphis, Tennessee, United States.
otto by DEVCON operates across multiple industries. Browse revenue, funding, and growth data for otto by DEVCON in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$18M
2020 Revenue
$980K
Funding
$6.5M
Team · 2024
10
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2020 | otto by DEVCON Hit $980k revenue in May 2020 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 10 employees (October 2024) | |
| 2020 | Reached 10 employees (May 2020) |
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