Otoqi
Otoqi is a technology-driven logistics company specializing in automotive vehicle convoying and fleet management services across Europe. The company offers a flexible, connected platform that simplifies vehicle transfers, deliveries, and fleet operations with real-time tracking, automated workflows, and advanced analytics. Otoqi serves over 2,000 independent convoyers and moves more than 500,000 vehicles annually, ensuring 97% on-time deliveries and high customer satisfaction. Their business model includes SaaS platform integration and service fees for logistics and fleet management solutions, targeting automotive industry players such as rental companies, dealerships, and shared mobility providers. Otoqi differentiates itself through its advanced API integrations, customizable workflows, and a large network of professional drivers, positioning it as a leading European automotive logistics innovator expanding in France, Italy, and Germany.
Otoqi
Otoqi is a technology-driven logistics company specializing in automotive vehicle convoying and fleet management services across Europe. The company offers a flexible, connected platform that simplifies vehicle transfers, deliveries, and fleet operations with real-time tracking, automated workflows, and advanced analytics. Otoqi serves over 2,000 independent convoyers and moves more than 500,000 vehicles annually, ensuring 97% on-time deliveries and high customer satisfaction. Their business model includes SaaS platform integration and service fees for logistics and fleet management solutions, targeting automotive industry players such as rental companies, dealerships, and shared mobility providers. Otoqi differentiates itself through its advanced API integrations, customizable workflows, and a large network of professional drivers, positioning it as a leading European automotive logistics innovator expanding in France, Italy, and Germany.
TL;DR
What they do: Vehicle delivery, convoying and fleet-management platform for automotive professionals
Geography: Operates across Europe with presence in France, Italy and Germany
Scale metrics: Network of >2,000 independent drivers; >500,000 vehicles moved per year
Recent funding: Series B announced Oct 18, 2024 (~€10M / ~$10.8M)
Company Overview
Problem Domain
Automotive logistics and fleet management—reducing complexity and cost of moving and managing vehicles across locations.
Founded
2016
Industry
Logistics; Fleet Management; Automotive
Funding Track Record
€10,000,000
Reported Series B announced Oct 18, 2024 (~€10M / ~$10.8M); investors reported in coverage include Seventure Partners, Aster and Verve Ventures
€6,000,000
Reported Series A in March 2021 (~€6M)
Reported initial seed round in June 2017
Investor Signal
“Includes investors such as Seventure Partners, Aster and Verve Ventures”