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Otera
Otera

Otera

Otera's agentic automation platform turns regulated enterprise processes, from insurance claims to onboarding, into autonomous operations.

Operating headquarters
Innsbruck, Tyrol, AT🇦🇹
Founded
2019
Overview
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Regulated enterprises still run claims, onboarding, and back-office work through fragmented systems and manual review. Otera provides an agentic automation platform on which insurers, banks, and shared-service teams deploy collaborating AI agents that execute those processes end to end, with human oversight reserved for exceptions rather than routine handling.

Unlike task-level robotic process automation or single-purpose document AI, Otera orchestrates specialised agents over existing systems such as Guidewire, Duck Creek, and SAP, and remains model-agnostic. Its position is a control-and-governance layer for autonomous operations in mission-critical, compliance-heavy work, sold to large enterprises rather than point tools to individual teams.

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Otera - Quick Facts

Who are Otera's competitors?

Companies similar to Otera include Otsuka Pharmaceutical, Terra Security, Oceanis Robotics and Artificial Analysis.

When was Otera founded?

Otera was founded in 2019.

Where is Otera's headquarters located?

Otera's headquarters is located in Innsbruck, Tyrol, AT.

When was Otera's last funding round?

Otera's most recent funding round was for €11M (EUR) in September 2024.

How much has Otera raised to-date?

As of Sep 26, 2024, Otera has raised a total of €11M (EUR).

Otera - Classification

Industry
  • Artificial Intelligence
Ownership
  • Privately Held
Technology
  • Artificial Intelligence
Geographic Exposure
  • Europe
Model
  • B2B SaaS
Revenue
  • Subscription
Customer
  • Enterprise
Tags
  • Agentic AI