Otoqi

About Otoqi

Otoqi operates as a SaaS-driven logistics management solutions provider for the European automotive sector. Founded in 2016 by Arthur Darde and Sebastien De Limon in Paris, France, the company has established a significant operational footprint in France, Italy, and Germany.

The firm addresses two primary market segments: automotive original equipment manufacturers (OEMs) and dealerships, and car-sharing operators. For OEMs and dealers, particularly with the rise in online vehicle sales, Otoqi facilitates end-to-end digital services, including home delivery, which helps reduce vehicle downtime and speed up logistics flows. For car-sharing companies, the platform provides essential operational support such as vehicle repositioning, servicing, refueling, recharging, and cleaning, which are critical for reducing operating expenses and improving fleet utilization. Otoqi's business model is built around its proprietary technology platform which automates and manages complex logistical tasks. This platform connects clients with a network of over 2,000 professional drivers to move more than half a million vehicles annually, typically completing deliveries within a 48-hour window.

Financially, Otoqi has secured a total of $19.1 million over three funding rounds. The company's most recent funding was a Series B round in October 2024, raising $10.8 million, led by investors including Seventure Partners, Aster, and Verve Ventures. This followed a Series A round of €6 million in March 2021 and an initial seed round in June 2017. These capital infusions are aimed at accelerating the company's growth, expanding its services across Europe, and further enhancing its technology platform.