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New Deal


Announced

Completed

Otonomo completed the acquisition of Neura.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

marketing automation software

AI solutions

Majority

Private

Auto Technology

Single Bidder

United States

Friendly

Acquisition

internet of things

machine learning

Cross Border

Synopsis

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Otonomo, a provider of a pioneering vehicle data platform and marketplace, completed the acquisition of Neura, a company which empowers organizations to drive strategic, data-driven decisions by transforming vast amounts of anonymized data and activity signals into actionable, impactful and valuable insights. Financial terms were not disclosed. “The acquisition of Neura reinforces Otonomo’s leadership in the mobility, transportation and automotive data space. In response to our customer and market needs, we can now provide increased value and the required deeper and a more holistic view of mobility. Otonomo is excited to expand its portfolio of SaaS offerings to include vertical specific intelligence solutions. This elevates the Otonomo platform into an impactful solution for the wider mobility, transportation and automotive industries,” Ben Volkow, Otonomo CEO and Co-Founder.

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