The round was led by Rally Ventures, with participation from leading mobility funds including Goodyear Ventures, Proeza Ventures, Automotive Ventures, Trucks VC, Reinforced Ventures and Investor Collaborative.

Ottometric is a software company focused on automating and streamlining the validation and training processes for Advanced Driver Assistance Systems (ADAS). Founded in 2019 by automotive industry veterans, Ottometric provides its automation solutions to OEMs, Tier-1 and Tier-2 suppliers whose current development and validation methods are manual-intensive, slow, and costly. Ottometric helps these companies save $ millions while significantly improving system performance and reducing time to market.