Otonomo Technologies Ltd.

Good afternoon, ladies and gentlemen, and welcome to the Autonomo Q4 end of year 2021 conference call. Please continue to stand by. Your conference will begin shortly. © transcript Emily Beynon Thank you. Good afternoon, ladies and gentlemen. Thank you for standing by and welcome to the Autonomo Q4 end of year 2021 conference call. At this time, all participants are in listen-only mode. There will be a presentation followed by a question and answer session, at which time, if you wish to ask a question, you'll need to press star followed by one on your telephone. I must advise you that your conference call is being recorded today. I would now like to hand over to the speaker, Mary Segal, MSIO. Please go ahead.

Thank you, operator, and thank you all for joining us today. Welcome to Autonomous' fourth quarter and full year 2021 conference call. Before we begin, I would like to remind our listeners that certain information provided on this call may contain forward-looking statements, and the safe harbor statement outlined in today's press release also pertains to this call. If you have not received a copy of the release, please download one from the investor relations section of the company's website. Today's call will be accompanied by a PowerPoint presentation. You're welcome to view the presentation on Autonomous Investor Relations website. Following the call, a replay of this webcast will be available on the Autonomous Investor Relations website. Please also note that we will present during today's call non-GAAP numbers which are historical non-GAAP financial measures. A reconciliation of these measures to its most directly comparable GAAP financial measure is included in our press release. Changes in business such as competitive, technological, regulatory, and other factors could cause actual results to differ materially from those expressed by the forward-looking statements made today. The company's historical results are not necessarily indicative of future performance. Therefore, we can give no assurance as to accuracy of Autonomo's forward-looking statements and assume no obligation to update them except as required by law. Today, we are joined by Ben Volkow, co-founder and CEO of Autonomo, Bonnie Moab, CFO, and Amit Hammer, Executive Vice President, Operations of Autonomo. Ben will begin with a review and an update of the business. He will be followed by Bonnie, who will give us an overview of the company's financial results. Then Amit will share insights on the company's mobility intelligence activity since the acquisition of Nuera. We will then open the call for the Q&A session. During the Q&A session, Of this call, Ben will be joined by Bonnie Moab, Amit Hammer, and Doron Simon, Executive Vice President, Strategy and Corporate Development. With that, I'd like to pass the call over to Ben Volkow. Ben, please go ahead.

Thank you, Miri, and please move to slide three in the deck. Hi, everyone, and thank you for joining Autonomous' fourth quarter earnings and end-of-the-year conference call. Today's presentation will provide a high-level summary of the year's events, a review of recent business development, and further details regarding the growth of our new mobility intelligence activities. Please move to slide four. Looking back at 2021, progress can be seen all across the board in our organic growth investments in our platform and technology, strategic acquisitions, scaling our go-to-market, company growth, and strong market engagement. This has been critical as we lay the foundation for the ecosystem and unique solutions Autonomo offers. We continue to see strong growth drivers via capital investments, partnerships, and acquisitions in the sector that demonstrate that our strategy and vision are in line with the large opportunity before us. Please move to slide five. From a growth standpoint, our revenues increased by over 4x in 2021. We encourage to see that this initially modest revenue growth was driven by a wide range of use cases customers, and vertical segments. We believe this is a strong testament to the potential of our business model. We signed six OEM agreements, which increased our total number of OEM agreements from 16 to 22. These agreements include new OEM agreements and extensions with existing OEM partners and are pivotal to providing vehicle data that will lead to a new generation of services and capabilities in the industry. The additions to our OEM partnerships in 2021 increase the number of addressable connected vehicles for autonomous by 25% or from 40 million to 50 million vehicles. We have partnership agreements with seven out of the top ten automotive manufacturers. We also added dozens of new customers' engagements, including customers such as Lisplan, OBI+, Weather Optics, and SWAT Mobility. As you are aware, Autonomo publicly listed on NASDAQ in August to accelerate our growth and broaden our access to capital markets. Shortly thereafter, in October, we acquired Neura Inc. Neura provides Autonomo with several key strategic elements, access to over 400 million additional data endpoints, top AI and analytics talent and workbench, and the ability to diversify our solution offerings to address a greater total addressable market and to accelerate market adoption. In the fourth quarter of 2021, Neura contributed to our revenues as expected. We see a strong market response to their AI technology and solid pipeline for 2022. A little later during the call, Amit Amer, former MIRA CEO and currently EVP operation at Autonomo, will share more about our mobility intelligence activities. Please move to slide six. Finally, we are growing the Autonomo team. Our employee base nearly doubled in 2021 enabling us to add key development capabilities and scale our go-to-market strategy. We also added several new members to our leadership team and bring the experience and capabilities we must have to achieve our ambitious goals. Now, I will turn the call over to Bonnie Moab, to provide more details on our 2021 financial performance. Bonnie, and please move to slide seven. Thank you, Ben. Revenues for 2021 are more than 40 year-over-year from 394,000 to 1.7 million.