Otra
Bringing the relevant digital solutions to increasing safety and security challenges in the European transportation sector.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Seed | ||
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 50 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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OTRA Solutions is a European startup focused on enhancing the trucking industry by providing smart and automated access to truck parking and road services. The company operates primarily in Europe, targeting truck drivers and logistics companies that require secure and reliable parking solutions. OTRA Solutions addresses a critical need in the trucking industry: finding safe and secure parking spots for trucks and trailers, which is often a challenge for drivers.
The company's business model revolves around offering a network of over 140 verified truck parking locations across Europe. These locations are equipped with automated access systems, allowing drivers to book and access parking spots in real-time. This not only ensures the safety of the truck and its cargo but also enhances the efficiency of logistics operations by reducing downtime and planning uncertainties.
OTRA Solutions generates revenue through a subscription-based model and service fees. Logistics companies and independent truck drivers can subscribe to OTRA's services to gain access to the network of smart parking spots. Additionally, the company may charge fees for each booking or for premium services such as enhanced security features or priority access during peak times.
The market for OTRA Solutions includes logistics companies, independent truck drivers, and fleet operators who are looking for reliable and secure parking solutions. By focusing on digitalization and real-time solutions, OTRA aims to improve the daily challenges faced by truck drivers and increase operational efficiency for logistics companies.
In summary, OTRA Solutions is dedicated to improving the lives of truck drivers and empowering carriers by providing secure, bookable parking spots across Europe. Their innovative approach leverages technology to solve a significant pain point in the trucking industry.
Keywords: Smart Truck Parking, Automated Access, Logistics, Truck Drivers, Europe, Real-Time Solutions, Digitalization, Secure Parking, Fleet Management, Efficiency.