Otera
Otera sells automation software for regulated industries, claiming 90%+ autonomous processing and $100M+ ROI for clients. The Austrian company raised $17M in Series A funding in September 2024 and employs 85 people. Otera's software integrates with existing systems to automate complex, regulated workflows end-to-end. Its clients include Allianz, Siemens, Bayer, SAAB, and Hannover Re. The company grew rapidly after its 2019 founding, securing funding from Alpha Intelligence Capital, Creative Destruction Lab, and others. Engineering is Otera's largest function with 23 staff. The leadership team includes veterans from UiPath, IBM, and Oracle, with UiPath being the top talent source. Employees typically stay for one year before moving on. Otera is hiring across engineering and product roles as it scales its automation platform. The company has spawned three startups, including Metomic, Reach AI, and Affire, founded by former employees.
The growth story
Otera grew from 17 to 85 employees between 2022 and 2026, raising $17M along the way, most recently a Series A in September 2024.
About
Otera provides enterprise automation software that integrates with existing systems to handle complex, regulated workflows. Its platform targets industries like insurance and manufacturing, promising high levels of autonomous processing and significant ROI. The company emphasizes security and control, positioning itself as a non-disruptive solution for mission-critical operations.
Founded in 2019 and based in Innsbruck, Austria, Otera has grown to 85 employees and raised $17M in Series A funding in September 2024. Its investor base includes Alpha Intelligence Capital and Creative Destruction Lab. The company serves major clients like Allianz and Siemens, indicating traction in regulated industries.
Founders and leadership
Engineering is Otera's largest function with 23 staff, reflecting its focus on building complex automation software. The leadership team includes veterans from UiPath, IBM, and Oracle, suggesting deep expertise in enterprise automation. The company operates with a lean structure, typical of early-stage startups scaling rapidly.
The Otera org chart
Stefan Engl (CEO & Co-Founder) leads 38 mapped leaders with 5 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 28 (+8% YoY), Sales 13 (+8% YoY), Business Development 13 (+86% YoY), Operations 7 (+17% YoY), Research 4 (+33% YoY), Customer Success and Support 3 (-25% YoY).
Talent flow
Otera recruits heavily from UiPath, with 14 former UiPath employees joining the company. Other top talent sources include IBM, Oracle, and Hypatos. Employees typically stay for one year before moving on, with destinations including Tricentis and DataScience Service.
Most common previous employers of Otera staff: UiPath (14), IBM (4), Oracle (4), Hypatos (3), Kjero (3), SS&C Blue Prism (3). Former Otera employees most often moved to Tricentis (2), DataScience Service (1), AI Forge (1), valantic (1), Playlist (1), Reach AI (1).
Alumni worth knowing
The Otera mafia
Otera alumni have founded three startups, including Metomic, Reach AI, and Affire. These companies collectively employ 27 people, indicating a growing entrepreneurial network.
3Bethany Ayers, was Board Member until 2025José Pedro Nunes, was Head of Engineering until 2026Elvīra Zaltāne, was Business Development Manager (Northern Europe/Scandinavia) until 2023Hiring now
Otera is hiring across engineering and product roles as it scales its automation platform.
Web traffic
Traffic mix: 0% direct, 0% search, 0% social, 0% paid.
What this company is made of
Most common skills at Otera: Project Management (27), Python (Programming Language) (26), Leadership (23), Communication (23), Business Development (22), JavaScript (22), Management (21), SQL (21).
Where the team actually sits
Otera people are concentrated in Bavaria, Germany (7), England, United Kingdom (7), United Kingdom (6), Vienna, Austria (5).
Search footprint
Otera attracts about 45 organic search visits a month, traffic worth roughly $0K a month if bought through ads. It gained 7 ranking keywords and lost 12 in the last period.
Frequently asked
Otera has 85 employees as of September 2026.
Otera has raised $17M in total, most recently a Series A round in September 2024.
Otera was founded in 2019 by Steve R., Stefan Ramershoven, Stefan Engl.
Stefan Engl (CEO & Co-Founder) sits at the top of Otera's reporting structure, with 5 direct reports.
The most common previous employers of current Otera staff are UiPath (14 people), IBM (4 people), Oracle (4 people).
Former Otera employees most often move to Tricentis (2), DataScience Service (1), AI Forge (1).
At least 3 companies have a founder who previously worked at Otera, including Metomic, Reach AI, Affire.
Otera attracts about 45 organic search visits a month, worth roughly $0K a month in equivalent ad spend.
The most common skills among Otera staff are Project Management, Python (Programming Language), Leadership, Communication, Business Development.
Otera staff are concentrated in Bavaria, Germany (7), England, United Kingdom (7), United Kingdom (6).
Otera has about 28 people in Engineering, up 8% over the past year, as of September 2026.
Otera has about 13 people in Sales, up 8% over the past year, as of September 2026.
Computed from 75 current and 40 former Otera profiles, as of September 2026. Source: Crustdata.
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