Company Overview
Snapshot
Founded in January 2006 by Tzur Keren, Golan Derazon, and Michal Beraze, Otipo operates with 1–10 employees. The company has raised $1.5 million across one funding round. In January 2015, Otipo was in the midst of a $1.5 million funding round at a $5 million valuation.
Business overview
Otipo specializes in providing management expertise with a focus on human resources operations management, organizational consulting, and the development of advanced software solutions. The company's core offering is a web-based scheduling platform that facilitates real-time monitoring and analysis of scheduling data and employee satisfaction. Otipo utilizes its Human Dimension algorithm to continuously track employee satisfaction, social connectedness, and overall organizational health, aiming to improve morale, increase staff retention, and reduce operational costs. It serves various industries, including restaurants, retail chains, telephone service centers, and security companies, by offering an engaging way for employees to schedule shifts and fostering direct communication to strengthen loyalty.
Strategic signal
In January 2015, Otipo was actively engaged in a $1.5 million funding round, indicating investor confidence in its workforce scheduling and analytics solution. This capital infusion was intended to support the company's growth and expansion, particularly as it had already secured approximately 60 paying customers in Israel and established an initial presence in international markets such as the US, New Zealand, Malta, and Germany. This signals a strategic validation of Otipo's approach to enhancing productivity and employee satisfaction through its social mapping capabilities within shift-based work environments.
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- When was Otipo founded and by whom?
- Otipo was founded in January 2006 by Tzur Keren, Golan Derazon, and Michal Beraze.
- What is Otipo's primary focus?
- Otipo focuses on providing management expertise in human resources operations, organizational consulting, and developing advanced software solutions for online workforce scheduling and analytics.
- What is the core technology behind Otipo's solution?
- Otipo's core technology includes a web-based scheduling platform and its Human Dimension algorithm, which monitors employee satisfaction, social connectedness, and organizational health to optimize workforce management.
- What was Otipo's funding status in January 2015?
- In January 2015, Otipo was in the midst of a $1.5 million funding round, with a reported valuation of $5 million.
- Which markets and customer segments does Otipo serve?
- Otipo serves various markets, including restaurants, retail chains, telephone service centers, and security companies, with customers in Israel, the US, New Zealand, Malta, and Germany.