Otto is a Seattle-based startup building an autonomous AI travel agent purpose-built for business travelers and small-to-midsize companies that lack a formal travel-management program. Conceived inside Madrona Venture Labs by SAP Concur founder Steve Singh, Otto lets users research, book and modify flights, hotels and ground transportation through a conversational interface, while automatically applying preferences, loyalty programs and budget guardrails. The product targets the large 'unmanaged' segment of corporate travel that has historically been served by consumer OTAs or manual booking. Otto's founding team draws deeply from the travel industry, with leaders formerly from Expedia, Egencia, Concur and Orbitz. The company aims to remove the friction of search-and-compare workflows by acting as a true agent that handles end-to-end trip logistics on the traveler's behalf.
Otto
ActiveAutonomous AI travel agent for business travelers
Total raised
$6M
1 round
Stage
Seed
Team
11-50
since 2024
Pricing
Freemium
free plan
Founded
2024
Seattle, United States
Agent-ready
—
Conversational AI trip booking
Autonomous flight and hotel search
Itinerary change management
Traveler preference and loyalty handling
Budget and policy guardrails
Ground transportation booking
Trip management dashboard
Support for unmanaged business travel
10/100
Early
MCP server
Public API
Webhooks
OAuth 2.0
SDKs
No public agent surfaces detected yet.
— Seed $6M incl. Barney Harford +4
Capital network
$6M raised ·5 backers·8 network links
- Backers5
- Shared portfoliocompanies these backers also fund
- Extended networkfunds that co-invest alongside them
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- What is Otto?
- Otto is an autonomous AI travel agent that books and manages business trips through conversation.
- Who founded Otto?
- It was founded by CEO Michael Gulmann with SAP Concur founder Steve Singh as executive chairman, inside Madrona Venture Labs.
- Who funded Otto?
- Otto raised a $6M seed round led by Madrona Ventures in 2024.
- Who is Otto for?
- It targets business travelers and SMBs without a formal corporate travel program.
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