Ovo Energy

Energy Supplier, Switch Gas & Electricity Provider

Bristol, United Kingdom · Founded 2009 · $458.0M raised

Headquarters
Bristol
Employees
1001–5000
Founded
2009
Business Model
B2C
Total Funding
$458.0M
Last Round
$258.0M Series DJul 2023
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

OVO Energy launched in 2009 in a barn in the Cotswolds with a mission to make energy better for people, their wallets, and the planet. Since then the company has grown to serve millions of members across the UK, planted 5 million trees, and installed the world's first domestic vehicle-to-grid EV charger. OVO has committed to becoming a net zero carbon business by 2035 through its Plan Zero initiative, combining smart meter technology, EV charging solutions, and renewable energy to help households reduce their carbon footprint.

Summary

Ovo Energy is an Energy company based in Bristol, United Kingdom, founded in 2009. It has raised $458.0M in total across 3 rounds, most recently a $258.0M Series D round in Jul 2023. Investors include Morgan Stanley, Mayfair Equity Partners and Innovate UK.

Tech & App Stack

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Funding History

Series DSeries DJul 2023
$258.0M

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Funding: Grant through Series D. Amounts, valuations, and investors where available.

Investors

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