Valuation
$18M
2020 Revenue
$980K
Funding
$6.5M
Team · 2024
10
Founded
2017
otto by DEVCON Revenue, Valuation & Funding (2020)
otto by DEVCON generated $980K in revenue in 2020.
otto by DEVCON specializes in the fields of risk management and SaaS.
Last updated
otto by DEVCON Revenue
In 2020, otto by DEVCON's revenue reached $980K.
| Year | Milestone | Source |
|---|---|---|
| 2020 | otto by DEVCON Hit $980k revenue in May 2020 | Not recorded |
| 2017 | Launched with $0 revenue |
otto by DEVCON Valuation, Funding Rounds
otto by DEVCON reached a $18M valuation in 2020, set during its Seed round.
otto by DEVCON has raised $6.5M in total funding across 2 rounds, most recently a $2M Seed round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Seed | $2M | $18M | 11% | Not recorded |
| 2018 | Seed | $4.5M | - | - | Not recorded |
| 2017 | Angel | - | $625K | - | Not recorded |
Founder / CEO
Maggie Louie
CEO
Maggie Louie is the founder and CEO at Devcon Detect. She has a proven experience in developing startups within corporations.
otto by DEVCON Employees & Team Size
otto by DEVCON employs approximately 10 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 10 employees (October 2024) | Not recorded |
| 2020 | Reached 10 employees (May 2020) | Not recorded |
Frequently Asked Questions about otto by DEVCON
What is otto by DEVCON's revenue?
As of 2020, otto by DEVCON generated $980K in revenue.
What is otto by DEVCON's valuation?
As of 2020, otto by DEVCON was valued at $18M.
Who founded otto by DEVCON?
otto by DEVCON was founded by Maggie Louie.
When was otto by DEVCON founded?
otto by DEVCON was founded in 2017.
Who is the CEO of otto by DEVCON?
The CEO of otto by DEVCON is Maggie Louie.
How much funding does otto by DEVCON have?
otto by DEVCON raised $6.5M across 2 rounds.
How many employees does otto by DEVCON have?
As of 2024, otto by DEVCON had 10 employees.
Where is otto by DEVCON headquartered?
otto by DEVCON is headquartered in Memphis, Tennessee, United States.
Compare otto by DEVCON to the industry
otto by DEVCON operates across multiple industries. Browse revenue, funding, and growth data for otto by DEVCON in each sector below.
Data and Sources
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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