Funding · Mobility & Logistics
Ottonomy builds autonomous robots for indoor and outdoor delivery
By Startup Enthusiast ·
- Date
- Company
- Ottonomy
- What it does
- Autonomous delivery robots
- Kind
- Funding
- Amount
- Undisclosed
- Sector
- Mobility & Logistics
What they do
Ottonomy builds autonomous robots for hyperlocal indoor and outdoor delivery using Contextual AI
What happened
The company has raised $7.8 million from pi Ventures, CoreNest, Connetic Ventures, and ADR Ventures
Why it matters
Its robots are deployed in airports, healthcare, and industrial sites, with a subscription model of $999 per robot per month
The details
- Ottonomy builds autonomous robots for hyperlocal indoor and outdoor delivery using Contextual AI.
- The company has raised a total of $7.8 million from investors including pi Ventures, CoreNest, Connetic Ventures, and ADR Ventures.
- Its first customer was Cincinnati International Airport, where robots served food and beverages.
- Ottonomy has also run pilots with Walmart and other airports, and later expanded to healthcare and industrial settings.
- One deployment in Finland at minus-18°C moved goods for a chemical company.
- The company was founded during the Covid pandemic, with the first robot built in a guest room in India and tested in a basement.
The bigger picture
- Ottonomy competes with Nuro, Starship Technologies, and Serve Robotics in the autonomous delivery robot space.
- Its robots use Contextual AI with pre-trained models that understand environments like hospitals, malls, and sidewalks.
- The business model is Robots-as-a-Service (RaaS) with a subscription of $999 per robot per month on 1–5 year contracts.
About the business
- Ottonomy builds autonomous robots for hyperlocal indoor and outdoor delivery using Contextual AI.
- Its product SKUs are Ottobot 2.0 for industrial environments and Ottobot 3.0 for narrow spaces like hospital elevators.
- The robots have customisable compartment modules with 6–8 configurations for multi-order deliveries (8–10 per trip), medical transport, warehouse material movement, and high-value payload.
- The fleet management platform Ottumn.ai coordinates robots, drones, arms, smart mailboxes, elevators, and access doors.
- Manufacturing is entirely in India, with 40% domestic supply chain; critical components like LiDAR and semiconductors are imported.
- The business model is Robots-as-a-Service (RaaS) with a subscription of $999 per robot per month on 1–5 year contracts.
- Headquarters are in the US.
Investors
- pi Ventures (participated)
- CoreNest (participated)
- Connetic Ventures (participated)
- ADR Ventures (participated)
Founders
- Ritukar Vijay, Founder
- Hardik Sharma, Founder
- Pradyot Korupolu, Founder
- Ashish Gupta, Founder