DeepOpinion
Austrian AI company that evolved from document processing to agentic automation, securing €11M Series A and rebranding to Otera in 2024-2025.
Overview
DeepOpinion, now rebranded as Otera, represents a strategic evolution from traditional IDP to "agentic automation." Founded in 2018 in Innsbruck, Austria, by Stefan Engl, Ahmed Ghanim Al-Ali, Stefan Ramershoven, and Steve R, the company secured €11 million in Series A funding in 2024 during its corporate transformation.
The company gained significant analyst recognition in 2025, being named an IDC Innovator in LLM-driven document understanding and featured in Gartner's Emerging Tech report for domain-specialized Agentic AI. This triple coverage from IDC, Gartner, and Forrester positions DeepOpinion ahead of traditional OCR-focused IDP vendors.
Operating in 19 countries with over 70 employees, DeepOpinion serves enterprises including Siemens, Allianz, Hannover Re, Erste Group, Bitpanda, Bayer, and Saab. In October 2025, the company was recognized among 25 AI vendors in the insurance market projected to grow by USD 30.06 billion through 2029.
Key Features
- Agentic Process Automation: Claims 90%+ automation rates with autonomous AI agents
- LLM-Driven Document Understanding: IDC-recognized approach combining generative and discriminative AI
- No-Code Platform: DeepOpinion Studio for building AI automation apps
- Data Efficiency: Requires only 50-100 training examples for customization
- Human-in-the-Loop: Continuous learning capabilities for process refinement
Use Cases
Insurance Claims Processing
Insurance companies deploy DeepOpinion for automated claims handling, with the company positioned alongside IBM in the AI insurance market for claims processing automation and fraud detection.
Manufacturing Document Processing
Siemens and other manufacturing firms use DeepOpinion for delivery notes and production documentation, automating logistics and supply chain workflows.
Financial Services Automation
Erste Group and Allianz leverage the platform for customer service and document verification, moving beyond extraction to end-to-end process automation.
Technical Specifications
| Feature | Specification |
|---|---|
| Platform | DeepOpinion Studio (no-code SaaS) |
| Automation Rate | 90%+ claimed |
| Technology | LLM-driven document understanding, agentic AI |
| Data Efficiency | 50-100 training examples for customization |
| Document Types | Emails, forms, PDFs |
| Deployment | Cloud-based SaaS |
| Compliance | SOC 2, GDPR, ISO 27001 |
| Recognition | 2025 IDC Innovator, 2024 DIA DIAmond Award |
Resources
Company Information
Headquarters: Innsbruck, Austria
Founded: 2018
Founders: Stefan Engl, Ahmed Ghanim Al-Ali, Stefan Ramershoven, Steve R
Employees: 70+
Note: DeepOpinion rebranded to Otera in 2024