Otto is an eco-friendly ridesharing app that pledges to have zero net CO2 contributions
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Kearny
State: New Jersey
Zip:
Country: United States
Otto- Ride On the Go- is a green initiative that seeks to change the narrative by being a sustainable ridesharing app that allows its drivers to keep more of their earnings, offsetting the carbon footprint by planting trees for every ride (eventually electrifying its fleet) and ensuring rider safety with frequent verification of its drivers. Both the Otto driver and rider services focus on treating the drivers, riders and the environment as VIPs.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2017 | Pre Seed Round | $282k | 10/2019 | Seed Round | - | 2/2019 | Pre Seed Round | $57.5k | 10/2019 | Seed Round | - |
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