Otrafy

Smart Supplier Management

Saint Paul, United States · Founded 2019 · $3.0M raised

Founded
2019
Website
otrafy.com
Total Funding
$3.0M
Last Round
$2.0M SeedJun 2024
Rounds
2

About

Otrafy is an AI-powered supplier management and supply chain compliance platform that automates buyer-seller collaboration, regulatory compliance monitoring, and sourcing decisions for food, beverage, and consumer goods companies. The platform uses NLP to engage suppliers, extract and validate documents across diverse formats, and continuously monitor supply chains against global regulations including FDA, EU MRLs, Prop 65, and PFAS requirements. Otrafy achieves up to 95% supplier response rates for Fortune 500 clients and reduces manual compliance review by up to 90%.

Summary

Otrafy is an Artificial Intelligence company based in Saint Paul, United States, founded in 2019. It has raised $3.0M in total across 2 rounds, most recently a $2.0M Seed round in Jun 2024. Investors include Techstars, gBETA and 43North.

Funding History

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SeedSeed RoundJun 2024
$2.0M

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Pre-Seed through Seed — per-round amounts, valuations, and who invested in each round.

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