# OTTO Motors funding: rounds and investors

> OTTO Motors has raised $29M across 1 round since 2020. Investors include RRE Ventures, Inovia Capital and Export Development Canada.

Source: https://millionrounds.com/company/otto-motors (Millionrounds; every figure on the page links to its filing or article)

[Series C startup](https://millionrounds.com/companies)

# Who invested in *OTTO Motors*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVs

Funding summary Updated 26 Oct 2026

**$29M** raised across 1 round since 2020, from 1 source

- **Latest round:** Series C, $29M Jun 2020
- **Investors:** 3

See who backed them

## The rounds

- **Jun 2020** Series C **$29M** [RRE Ventures](https://millionrounds.com/fund/rre-ventures) [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Export Development Canada](https://millionrounds.com/fund/export-development-canada) Source recorded

## Founders and team

From OTTO Motors's own website: 3 on the team.

- **Dave Reichart** VP Services
- **Jay Judkowitz** Head of AMR Product Development
- **Srna Okuka** Head of Marketing

## Everyone who backed them

[RRE Ventures](https://millionrounds.com/fund/rre-ventures) VC firm **1** round

[Inovia Capital](https://millionrounds.com/fund/inovia-capital) VC firm **1** round

[Export Development Canada](https://millionrounds.com/fund/export-development-canada) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=otto-motors).

## Quick answers about OTTO Motors

### Who invested in OTTO Motors?

OTTO Motors's investors include RRE Ventures, Inovia Capital and Export Development Canada.

### How much has OTTO Motors raised?

OTTO Motors has raised $29M across 1 round since 2020.

### When did OTTO Motors last raise?

OTTO Motors's most recent round was a Series C of $29M in Jun 2020.

### What was OTTO Motors's biggest round?

Its most recent round, $29M in Jun 2020, is also its largest on record.

### Who backed OTTO Motors first?

OTTO Motors's first round on record, in Jun 2020, was backed by RRE Ventures, Inovia Capital and Export Development Canada.

### What stage is OTTO Motors at?

OTTO Motors's latest named round is a Series C, in Jun 2020.

## Companies like OTTO Motors

In the same sector, and raised in the last eighteen months.

[**Twinny** $14M · Mar 2026](https://millionrounds.com/company/twinny)[**Autonomous a2z** $27M · Mar 2026](https://millionrounds.com/company/autonomous-a2z)[**Dat Bike** $4.0M · Mar 2026](https://millionrounds.com/company/dat-bike)[**Paidian Technology** Feb 2026](https://millionrounds.com/company/paidian-technology)[**Entellus Industries** $5.4M · Jan 2026](https://millionrounds.com/company/entellus-industries)[**REGRIP** $1.7M · Jan 2026](https://millionrounds.com/company/regrip)

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