Ottimaterevenue & funding
AI & Machine Learning Operationalization (MLOps) SoftwareSan Francisco, CaliforniaFounded 2014
Ottimate has rebranded.
Ottimate (formerly Plate IQ) is the leading AP automation AI. Ottimate is AP automation AI that provides a smarter way for AP managers, approvers, controllers, and CFOs to work through the entire invoice lifecycle.
- Customers
- 20K
Ottimate revenue
Ottimate has not published its revenue. GetLatka estimates it at about $17.6M a year (October 2023).
All 2 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Jan 2021 | $9.4M | – |
| Oct 2023 | $17.6MEST. | GetLatka estimate |
– source not recorded
Ottimate funding rounds & investors
Ottimate has raised $164.5M across three rounds since 2015. The latest was a $160M Series B in November 2021.
| Date | Round | Raised |
|---|---|---|
| Nov 2021 | Series B | $160M |
| Mar 2017 | Series A | $4M |
| Aug 2015 | Seed | $500K |
| Total raised | $164.5M |
Ottimate CEO & employees
Barrett Boston is CEO of Ottimate. Ottimate had 196 employees (October 2023, LinkedIn), up from 165 a year earlier.
Also at OttimateBhavuk Kaul
Team mix (Sep 2023): 39 engineers, 83 in sales
All 8 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Oct 2023 | 196 | |
| Sep 2023 | 203 | – |
| 2023 | 165 | – |
| Oct 2022 | 150 | |
| 2022 | 151 | – |
| Dec 2021 | 126 | |
| Aug 2021 | 109 | – |
| Jan 2021 | 96 | – |
Ottimate FAQ
What is Ottimate's revenue?
GetLatka estimates Ottimate's revenue at about $17.6M a year (October 2023). The company hasn't published its own figure.
How much funding has Ottimate raised?
Ottimate has raised $164.5M across three funding rounds. The latest was a $160M Series B in November 2021.
How many employees does Ottimate have?
Ottimate had 196 employees in October 2023, according to LinkedIn.
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How this page is sourced
3 from public sources · 1 estimate. 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 1, 2023Data disclaimerReport a correctionClaim this profileRun Ottimate? Join the podcast