Ottometric - Series A, $10M
When you’re knee deep in petabytes of raw sensor data, hunting the one edge case needle that could make or break a $100M vehicle program, you don’t need another dashboard.you need a damn oracle. Ottometric didn’t just build that oracle. They trained it, sharpened it, scaled it, and now they’ve raised a $10M Series A to put it in the hands of every OEM and Tier 1 tired of playing hide-and-seek with mission-critical anomalies.
Let’s be clear: ADAS validation isn’t sexy. It’s the underbelly of autonomy, the grunt work where the stakes are sky-high and the margin for error is zero. Joseph Burke, CEO and semiconductor vet who knows how radar sings when it’s tuned right, saw the mess firsthand. Petabytes of sensor data sifted by hand like it’s 1995. Millions burned. Months wasted. Still, ghost bugs slipping through. So in 2019, he and a crew of automotive lifers launched Ottometric in Waltham, MA, before upgrading to Boston’s 155 Seaport like a band moving from garage gigs to mainstage festivals.
Ottometric’s AI-powered validation platform doesn’t just process sensor data from cameras, radar, and lidar; it distills it. It knows what to throw out, what to keep, and what to scream about. Scenario Prioritization Ranking (SPR) isn’t just a cute acronym, it’s how the machine decides what matters, flags a pedestrian detection miss before it becomes a headline, and trims the fat off datasets with surgical precision. Hosted on AWS and built to scale, this isn’t a tool. It’s an industrial-grade AI scalpel.
That’s why Schooner Capital led the Series A, with Rally Ventures and Proeza Ventures doubling down, and new believers PS27 Ventures and Somersault Ventures joining. And yes, Orhan Gazelle from Schooner is now on the board because when you're gunning for global validation dominance, you want seasoned navigators in the cockpit.
Their numbers hit different: validation costs down 75%, timelines slashed from months to days, edge-case detection humming at 10x efficiency. $1.8M in 2024 revenue, up from $1.2M in 2023. Already powering two of the world’s top 10 Tier1 suppliers. Names stay confidential. But if you know, you know.
With Burke steering the ship, and execs like Raj Seelam, Chris Moberg, and Steve Caplow tightening the bolts, Ottometric is making a quiet, calculated march toward owning the $100M+/model ADAS validation market. Advisors like Stephen Girsky and Mary Chan don’t just validate the vision, they shape the trajectory.
This raise isn’t fuel, it’s nitrous. Ottometric is scaling engineering, expanding global OEM partnerships, and building simulation tools that could do for autonomous driving what wind tunnels did for aerospace. While others debate “full self-driving” on talk shows, Ottometric is building the tools to ensure it doesn’t crash and burn, literally.