Last updated 2026-06-18
- Raised $8M funding round led by Moneta VC, Oct 2019
- Raised $3.5M funding round, May 2018
Total raised
$11.5M
Last: 2019-10
Stage
Series A
Founded
2016
Headcount
18
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech
About
Otoma helps banks implement business applications. The platform covers the implementation process from system and acceptance testing to deployment and production monitoring. Otoma's platform can help improve the quality and reduce the cost, timeline, and risk of banks' implementations. The Otoma technology provides full coverage for requirements and gap analysis, use and test case creation, and accelerated functional testing using automated test data generation and test execution. The technology features easy-to-understand visual tools and an advanced interface so non-technical users can harness their power and deliver coverage of the full testing scope.
Funding history · 2 rounds · $11.5M total
2019-10
2018-05
$3.5M
Q&A
- What is Otoma's primary business?
- Otoma provides a platform that assists banks in implementing business applications, covering the process from system and acceptance testing to deployment and production monitoring.
- When was Otoma founded?
- Otoma was founded in June 2016.
- Where is Otoma's headquarters located?
- Otoma's headquarters is located in Tel Aviv-Yafo, Israel.
- What is Otoma's primary sector?
- Otoma's primary sector is Fintech & Insurtech.
- Which types of customers does Otoma target?
- Otoma targets enterprises, financial services, financial institutions, and banks.
- What was Otoma's latest funding round?
- Otoma raised $8,000,000 in October 2019. The round included Moneta VC and Claltech.
- What is the total amount of funding Otoma has raised to date?
- Otoma has raised a total of $11,500,000.
Team · 2
Reuven Ben Menachem
Founder · Co-founder & CEO
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechFinancial Operations SoftwareBusiness SoftwareIT, R&D & Data SolutionsSoftware Development Tools
Technologies
Platforms & InterfacesSoftware
Target customers
Enterprise & Professional ServicesEnterprisesFinancial ServicesFinancial InstitutionsBanks
Business model
B2B
Tags
test-automation
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | otoma.io |
|---|---|
| linkedin.com/company/29019301 |
Identifiers & details
| Former names | insightGuard |
|---|---|
| Founded | 2016-6 |
| Employees (exact) | 18 |
Radar intelligence
Patents
| EPO | 27 |
|---|
Web history (Wayback)
| Domain | otoma.io |
|---|
Certificate / subdomain footprint
| Subdomains | 2 |
|---|