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Former Expedia VP Launches AI Travel Startup Otto with $6M Funding

Aug 22, 2024, 03:05 PM

Former Expedia Vice President Michael Gulmann is spearheading a new startup called Otto, which aims to transform business travel for smaller companies using artificial intelligence. The startup, which is a spinout from Madrona Venture Labs, has successfully raised $6 million in seed funding, with Madrona Ventures leading the round. Otto is designed to assist small businesses and startups that often lack dedicated travel desks by providing advanced automation and personalization in travel booking. The initiative seeks to offer a more efficient alternative to traditional human assistants, making travel arrangements less cumbersome for executives and founders.