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Otodata

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uuid0002hq2

Namestring
Otodata
Legal namestring
Otodata
Websiteurl
otodata.ca
Company typeenum
Private
Founded yearint
2008
Descriptiontext

Otodata is a privately held Canadian IoT company founded in 2008 and headquartered in Montréal, Québec. It specializes in remote tank monitoring (RTM) telemetry solutions, deploying connected sensors that allow fuel resellers and propane distributors to track tank levels, optimize delivery routing, and reduce customer run-outs. According to ResearchAndMarkets.com's 8th edition Global Remote Tank Monitoring Market report, Otodata is the dominant player in the RTM market with approximately 3.6 million active units, primarily across North American fuel resellers.

The company's core technology is its IoT telemetry platform, branded as Remote Tank Monitoring (RTM), which enables wireless transmission of tank level data and supports propane truck distribution monitoring. Its product portfolio has expanded through acquisitions and sub-branding: the company acquired Wise Telemetry (April 2021) to strengthen industrial solutions, Wireless Applications Corporation / WACnGO (December 2021) to enter South American and Israeli markets, and Aiut (June 2022) to extend reach into European markets. Otodata also operates the TagTracking sub-brand for tank tracking. The company is positioned as the largest IoT network operator in Canada, though specific pricing models and direct revenue figures are not publicly disclosed.

Operationally, Otodata runs as a private firm with 101–250 employees. Its go-to-market targets the propane and fuel reseller vertical, with a hardware-plus-recurring-service revenue model implied by the installed telemetry base. Growth has been driven by acquisition-led geographic expansion rather than disclosed organic revenue metrics, and ownership structure is not publicly disclosed.

Short descriptiontext

Otodata is a Montréal-based private IoT company and the dominant global player in remote tank monitoring, with approximately 3.6 million active telemetry units deployed primarily for North American fuel resellers and propane distributors.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersMontréal, Canada
HQ citystring
Montréal
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
remote tank monitoring, IoT telemetry solutions, fuel level monitoring, propane distribution tracking, industrial IoT sensors
Industry1 code
1Fleet Tracking, Mapping & Real-Time Location Services (RTLS)
CodeTLAEAFADPrimaryYes
NAICS code2 codes
  • Telecommunications517
  • Other Support Activities for Transportation4889
SIC code1 code
  • Electric, Gas & Sanitary Services4900
Product category
Remote Tank Monitoring
Social media profiles3 records
Cost components5 values
Supply Chain, Technology or R&D, Operations, Personnel, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Otodata provides IoT-based Remote Tank Monitoring (RTM) telemetry solutions that enable fuel resellers and propane distributors to remotely track tank levels, monitor tank status, and optimize distribution routes in real time. The company operates the largest deployed RTM base in the world with approximately 3.6 million active units, primarily across North American fuel resellers, and has expanded into South America and Israel through acquisitions.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Otodata provides a unified IoT platform for remote tank monitoring solutions, encompassing core Remote Tank Monitoring (RTM) technology for tracking fuel levels across approximately 3.6 million active units in North America. The portfolio includes the acquired WACnGO brand (telemetry solutions for South America and Israel) and TagTracking (tank tracking sub-brand). The products work together to serve the propane truck distribution and fuel reseller markets through wireless telemetry technology.

Product and service3 records
1Remote Tank Monitoring (RTM)
CategoryRemote Tank Monitoring
Description

IoT-based tank monitoring solutions that track fuel levels and tank status remotely, primarily serving the North American fuel reseller segment. Currently deployed across approximately 3.6 million active units.

2WACnGO
CategoryRemote Tank Monitoring
Description

Telemetry solutions for tank monitoring, specializing in South American and Israeli markets. Provides propane truck distribution and remote tank monitoring capabilities under the Otodata portfolio.

3TagTracking
CategoryRemote Tank Monitoring
Description

Tank tracking and monitoring solution accessible via tagtracking.ca, part of Otodata's product ecosystem following company website consolidation.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-12-14
Description

Otodata Technologies USA acquired Wireless Applications Corporation (WACnGO), a company specializing in telemetry solutions for tank monitoring in South America and Israel. The acquisition aims to expand Otodata's market reach in propane truck distribution and remote tank monitoring solutions. This strategic move diversifies and strengthens Otodata's presence in the global tank monitoring industry.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

Motive provides AI-driven fleet management and asset tracking for commercial vehicle operators. It is an emerging player building fleet IoT depth that could expand into fuel and tank monitoring adjacencies relevant to Otodata's customers.

TypeBroad incumbent
Description

Geotab is a leading global fleet telematics platform with a massive connected-vehicle footprint. While broader than tank monitoring, its fleet IoT stack and analytics capabilities overlap with Otodata's propane-truck distribution monitoring use cases.

TypeEmerging player
Description

Particle offers an IoT platform with cellular-connected hardware and a device cloud. It is an emerging player enabling connected-asset and tank-monitoring applications that overlap with the kind of solutions Otodata sells into industrial customers.

TypeDirect peer
Description

SkyBitz provides IoT-based asset and tank tracking solutions for the fuel, propane, and industrial gas industries. It is one of the most direct competitors to Otodata's RTM platform, serving overlapping fuel-reseller and propane-distribution customers.

TypeBroad incumbent
Description

Trimble offers fleet management, asset tracking, and industrial IoT solutions at scale. Its telematics and asset-monitoring portfolio competes for the same industrial and fuel-distribution customers Otodata serves, albeit as part of a much broader enterprise portfolio.

TypeOthers
Description

Digi International provides IoT connectivity hardware, gateways, and cellular modules used in industrial telemetry. It is an enabling technology peer supplying the kind of infrastructure Otodata relies on for its tank-monitoring network.

TypeBroad incumbent
Description

Verizon Connect bundles fleet telematics and asset tracking on top of Verizon's wireless network. It overlaps with Otodata where fleet operators need vehicle and asset/tank-level visibility in a single platform.

TypeOthers
Description

Sierra Wireless, now part of Semtech, supplies cellular IoT modules and connectivity platforms used across asset tracking and industrial monitoring. It is an infrastructure-layer peer relevant to Otodata's IoT network operations.

TypeBroad incumbent
Description

Samsara provides a broad IoT platform spanning fleet telematics, asset monitoring, and industrial sensors. Its asset-monitoring and industrial IoT offerings overlap with Otodata's tank-level and industrial telemetry use cases for fleet operators and industrial customers.

TypeDirect peer
Description

Sensile Technologies, now part of Gilbarco Veeder-Root, specializes in remote tank telemetry and level measurement for fuel and chemical tanks. It is a close peer in the same RTM niche Otodata dominates, particularly across European and global fuel-retail customers.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Otodata

Remote Tank Monitoringotodata.ca

Otodata is a Montréal-based private IoT company and the dominant global player in remote tank monitoring, with approximately 3.6 million active telemetry units deployed primarily for North American fuel resellers and propane distributors.

What Otodata does

Otodata is a privately held Canadian IoT company founded in 2008 and headquartered in Montréal, Québec. It specializes in remote tank monitoring (RTM) telemetry solutions, deploying connected sensors that allow fuel resellers and propane distributors to track tank levels, optimize delivery routing, and reduce customer run-outs. According to ResearchAndMarkets.com's 8th edition Global Remote Tank Monitoring Market report, Otodata is the dominant player in the RTM market with approximately 3.6 million active units, primarily across North American fuel resellers.

The company's core technology is its IoT telemetry platform, branded as Remote Tank Monitoring (RTM), which enables wireless transmission of tank level data and supports propane truck distribution monitoring. Its product portfolio has expanded through acquisitions and sub-branding: the company acquired Wise Telemetry (April 2021) to strengthen industrial solutions, Wireless Applications Corporation / WACnGO (December 2021) to enter South American and Israeli markets, and Aiut (June 2022) to extend reach into European markets. Otodata also operates the TagTracking sub-brand for tank tracking. The company is positioned as the largest IoT network operator in Canada, though specific pricing models and direct revenue figures are not publicly disclosed.

Operationally, Otodata runs as a private firm with 101–250 employees. Its go-to-market targets the propane and fuel reseller vertical, with a hardware-plus-recurring-service revenue model implied by the installed telemetry base. Growth has been driven by acquisition-led geographic expansion rather than disclosed organic revenue metrics, and ownership structure is not publicly disclosed.

Otodata firmographics

Firmographics
Name
Otodata
Legal name
Otodata
Website
https://otodata.ca
Company type
Private
Founded year
2008
Operating status
Operating
Headcount range
101–250 employees
Short description
Otodata is a Montréal-based private IoT company and the dominant global player in remote tank monitoring, with approximately 3.6 million active telemetry units deployed primarily for North American fuel resellers and propane distributors.
Ownership category
akta.pro rank

Otodata industry classification

Industry
Product category
Remote Tank Monitoring
NAICS
Telecommunications (517), Other Support Activities for Transportation (4889)
SIC
Electric, Gas & Sanitary Services (4900)
akta.pro primary industry
Fleet Tracking, Mapping & Real-Time Location Services (RTLS) (TLAEAFAD)

Keywords

  • Remote tank monitoring
  • IoT telemetry solutions
  • Fuel level monitoring
  • Propane distribution tracking
  • Industrial IoT sensors

Where Otodata is headquartered

Location

Headquarters

HQ city
Montréal
HQ country
Canada
HQ region
North America

Offices1 record

Markets served

Otodata business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Technology or R&D, Operations, Personnel, Marketing or Sales

Otodata product offering

Product offering

Core offering

Otodata provides IoT-based Remote Tank Monitoring (RTM) telemetry solutions that enable fuel resellers and propane distributors to remotely track tank levels, monitor tank status, and optimize distribution routes in real time. The company operates the largest deployed RTM base in the world with approximately 3.6 million active units, primarily across North American fuel resellers, and has expanded into South America and Israel through acquisitions.

Product overview

Otodata provides a unified IoT platform for remote tank monitoring solutions, encompassing core Remote Tank Monitoring (RTM) technology for tracking fuel levels across approximately 3.6 million active units in North America. The portfolio includes the acquired WACnGO brand (telemetry solutions for South America and Israel) and TagTracking (tank tracking sub-brand). The products work together to serve the propane truck distribution and fuel reseller markets through wireless telemetry technology.

Differentiator

Problem solved

Functional benefit

Products and services

  • Remote Tank Monitoring (RTM) IoT-based tank monitoring solutions that track fuel levels and tank status remotely, primarily serving the North American fuel reseller segment. Currently deployed across approximately 3.6 million active units.
  • WACnGO Telemetry solutions for tank monitoring, specializing in South American and Israeli markets. Provides propane truck distribution and remote tank monitoring capabilities under the Otodata portfolio.
  • TagTracking Tank tracking and monitoring solution accessible via tagtracking.ca, part of Otodata's product ecosystem following company website consolidation.

Companies that use Otodata

Customer profile

Segments1 record

Ideal customer profiles1 record

Otodata technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Otodata partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Wireless Applications Corporation (WACnGO)coreStrategic or Co-development Partner · 14 December 2021Otodata Technologies USA acquired Wireless Applications Corporation (WACnGO), a company specializing in telemetry solutions for tank monitoring in South America and Israel. The acquisition aims to expand Otodata's market reach in propane truck distribution and remote tank monitoring solutions. This strategic move diversifies and strengthens Otodata's presence in the global tank monitoring industry.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Otodata competitors and assessment

Company assessment

Emerging players

  • Motive (KeepTruckin): Motive provides AI-driven fleet management and asset tracking for commercial vehicle operators. It is an emerging player building fleet IoT depth that could expand into fuel and tank monitoring adjacencies relevant to Otodata's customers.
  • Particle Industries: Particle offers an IoT platform with cellular-connected hardware and a device cloud. It is an emerging player enabling connected-asset and tank-monitoring applications that overlap with the kind of solutions Otodata sells into industrial customers.

Broad incumbents

  • Geotab: Geotab is a leading global fleet telematics platform with a massive connected-vehicle footprint. While broader than tank monitoring, its fleet IoT stack and analytics capabilities overlap with Otodata's propane-truck distribution monitoring use cases.
  • Trimble Transportation: Trimble offers fleet management, asset tracking, and industrial IoT solutions at scale. Its telematics and asset-monitoring portfolio competes for the same industrial and fuel-distribution customers Otodata serves, albeit as part of a much broader enterprise portfolio.
  • Verizon Connect: Verizon Connect bundles fleet telematics and asset tracking on top of Verizon's wireless network. It overlaps with Otodata where fleet operators need vehicle and asset/tank-level visibility in a single platform.
  • Samsara: Samsara provides a broad IoT platform spanning fleet telematics, asset monitoring, and industrial sensors. Its asset-monitoring and industrial IoT offerings overlap with Otodata's tank-level and industrial telemetry use cases for fleet operators and industrial customers.

Direct peers

  • SkyBitz: SkyBitz provides IoT-based asset and tank tracking solutions for the fuel, propane, and industrial gas industries. It is one of the most direct competitors to Otodata's RTM platform, serving overlapping fuel-reseller and propane-distribution customers.
  • Sensile Technologies (Gilbarco Veeder-Root): Sensile Technologies, now part of Gilbarco Veeder-Root, specializes in remote tank telemetry and level measurement for fuel and chemical tanks. It is a close peer in the same RTM niche Otodata dominates, particularly across European and global fuel-retail customers.

Others

  • Digi International: Digi International provides IoT connectivity hardware, gateways, and cellular modules used in industrial telemetry. It is an enabling technology peer supplying the kind of infrastructure Otodata relies on for its tank-monitoring network.
  • Sierra Wireless (Semtech): Sierra Wireless, now part of Semtech, supplies cellular IoT modules and connectivity platforms used across asset tracking and industrial monitoring. It is an infrastructure-layer peer relevant to Otodata's IoT network operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Otodata social profiles

Digital presence

Otodata financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Otodata leadership team

Management profile

Number of profiles

Profiles3 records

Otodata funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Otodata M&A and investment

M&A and investment

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Otodata

What does Otodata do?

Otodata provides IoT-based Remote Tank Monitoring (RTM) telemetry solutions that enable fuel resellers and propane distributors to remotely track tank levels, monitor tank status, and optimize distribution routes in real time. The company operates the largest deployed RTM base in the world with approximately 3.6 million active units, primarily across North American fuel resellers, and has expanded into South America and Israel through acquisitions.

Is Otodata a public or private company?

Otodata is a private company. It is classified as unknown and is currently operating.

When was Otodata founded?

Otodata was founded in 2008. It employs 101 to 250 people.

Where is Otodata based?

Otodata is headquartered in Montréal, Canada, in the North America region.

Who are Otodata's main competitors?

Emerging players on record are Motive (KeepTruckin) and Particle Industries. Broad incumbents are Geotab, Trimble Transportation, Verizon Connect and Samsara. Direct peers are SkyBitz and Sensile Technologies (Gilbarco Veeder-Root). Others are Digi International and Sierra Wireless (Semtech).

Does Otodata have an API?

No public API is recorded for Otodata.

What industry is Otodata in?

Otodata's product category is Remote Tank Monitoring. Its primary akta.pro industry code is TLAEAFAD, Fleet Tracking, Mapping & Real-Time Location Services (RTLS). Its NAICS code is 517 and its SIC code is 4900.

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Live signals
ThedealGI Partners Takes Majority Stake in Renovo-Backed OtodataGI Partners closed a majority investment in Otodata Wireless Network, a remote monitoring and vehicle tracking provider, with terms undisclosed. Existing shareholders, including Renovo Capital and Otodata management, will retain a minority stake. The company has an installed base of over 3.5 million monitored tanks globally.Third NewsGI Partners Secures Majority Stake in Otodata Holdings Inc. to Amplify GrowthGI Partners acquired a majority stake in Otodata Holdings Inc. on September 1, 2026, with Renovo Capital retaining a minority stake. Otodata, a remote monitoring and vehicle tracking company, has over 3.5 million monitored tanks globally. The partnership aims to expand into new markets and leverage IoT growth.AijournGI Partners Acquires a Majority Interest in Otodata Holdings Inc., Partnering with Existing Investor Renovo CapitalGI Partners closed a majority investment in Otodata Holdings, a remote monitoring and vehicle tracking company, with existing shareholder Renovo Capital retaining a minority stake. Otodata has an installed base of over 3.5 million monitored tanks globally. Financial terms were not disclosed.BitlyGI Partners Acquires a Majority Interest in Otodata Holdings Inc., Partnering with Existing Investor Renovo CapitalGI Partners closed a majority investment in Otodata Holdings, a remote monitoring and vehicle tracking company, with existing shareholders Renovo Capital and management retaining a minority stake. Otodata has an installed base of over 3.5 million monitored tanks globally. Financial terms were not disclosed.PR NewswireGI Partners Acquires a Majority Interest in Otodata Holdings Inc., Partnering with Existing Investor Renovo CapitalGI Partners closed a majority investment in Otodata Holdings, a remote monitoring and vehicle tracking company, with existing shareholders Renovo Capital and management retaining a minority stake. Otodata has an installed base of over 3.5 million monitored tanks globally. Financial terms were not disclosed.AdvfnGI Partners Acquires a Majority Interest in Otodata Holdings Inc., Partnering with Existing Investor Renovo CapitalGI Partners closed a majority investment in Otodata Holdings, a remote monitoring and vehicle tracking company, with existing shareholders Renovo Capital and management retaining minority stakes. Otodata has an installed base of over 3.5 million monitored tanks globally. Financial terms were not disclosed.GipartnersGI Partners Acquires a Majority Interest in Otodata Holdings Inc., Partnering with Existing Investor Renovo CapitalGI Partners closed a majority investment in Otodata Holdings, a remote monitoring and vehicle tracking firm, with existing shareholders Renovo Capital and management retaining a minority stake. Otodata has an installed base of over 3.5 million monitored tanks globally. Financial terms were not disclosed.OtodatatankmonitorsGI Partners Acquires a Majority Interest in Otodata Holdings Inc., Partnering with Existing Investor Renovo CapitalGI Partners closed a majority investment in Otodata Holdings, a remote monitoring and vehicle tracking company, with existing investors Renovo Capital and management retaining a minority stake. Otodata has an installed base of over 3.5 million monitored tanks globally. Financial terms were not disclosed.NewswireGI Partners Acquires a Majority Interest in Otodata Holdings Inc., Partnering with Existing Investor Renovo CapitalGI Partners closed a majority investment in Otodata Holdings, a remote monitoring and vehicle tracking company, with existing shareholders Renovo Capital and management retaining a minority stake. Otodata has an installed base of over 3.5 million monitored tanks globally. Financial terms were not disclosed.AijournThe Global Remote Tank Monitoring Market (8th Edition) with Regional Forecasts to 2029: Features Profiles of 81 Key Market Players Worldwide – ResearchAndMarkets.comThe Global Remote Tank Monitoring Market report predicts that the installed base of active remote tank monitoring solutions will grow from 11.3 million units in 2024 to 31.5 million units by 2029, with a CAGR of 22.8%. Otodata leads the market with about 3.6 million units, while Anova and SkyBitz follow in second and third place with 1.8 million and 0.3 million units, respectively. The report includes insights from industry leaders and outlines the competitive landscape and future trends.