How much funding has Otrafy raised?

Otrafy has raised $3.0M in total funding, most recently a Seed round.

Who are Otrafy's investors?

Otrafy's investors include Techstars, gBETA, 43North.

Where is Otrafy headquartered?

Otrafy is headquartered in Saint Paul, Minnesota, United States.

What industry is Otrafy in?

Otrafy operates in Artificial Intelligence, Food Tech, Supply Chain.

Otrafy

Smart Supplier Management

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

Artificial Intelligence

Food Tech

Supply Chain

Headquarters: Saint Paul, Minnesota
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.