News & Analysis

Otonomo has acquired AI-powered mobility intelligence company Neura

11th October 2021
Louis Regnier

Otonomo has announced that it has acquired Neura, which specialises in AI-powered mobility intelligence. Otonomo expects this acquisition to expedite its growth and to contribute positively to Otonomo’s future revenue.

Otonomo's newly expanded mobility intelligence platform will leverage Neura’s advanced analytics powered by patented artificial intelligence and machine learning technologies, and diverse multi-layered data. 

In addition, Otonomo has announced the launch of new solutions, leveraging Neura technologies, that will provide transportation planners, EV service providers, MaaS (mobility-as-a-service) providers, fleets and others, with the actionable multimodal and mobility insights required for the effective planning and operation of expedient and sustainable transportation networks.

Otonomo believes the mobility and transportation industries are clamoring for deeper visibility into mobility and multimodal transportation needs on a local and global scale. Otonomo aims to empower organisations across the mobility, transportation and automotive ecosystem to drive strategic, data-driven decisions by transforming vast amounts of rich, accurate data and activity signals into actionable and valuable insights.

“The acquisition of Neura reinforces Otonomo’s leadership in the mobility, transportation and automotive data space,” said Ben Volkow, CEO and co-founder, Otonomo.

“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 [software-as-a-service] offerings to include vertical specific intelligence solutions. This elevates the Otonomo platform into an impactful solution for the wider mobility, transportation and automotive industries.”

Said Amit Hammer, CEO of Neura, and newly appointed executive VP of Operations at Otonomo: “The synergy between Otonomo and Neura holds great promise for the mobility and transportation ecosystem. We are merging Otonomo’s rich, ground-truth vehicle data from automotive manufacturers, and its advanced data platform and marketplace with Neura’s diverse mobility analytics, insights and intelligence solutions. Going forward, Otonomo intends to provide effective solutions for the most pressing planning, deployment and operation challenges of EV service providers, MaaS providers, fleets and others”.

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