Olio - About the company
Olio is a series B company based in London (United Kingdom), founded in 2015 by Saasha Celestial-One. It operates as an Application for waste trading. Olio has raised $51.2M in funding from investors like Accel, Octopus Ventures and Quadia. The company has 125 active competitors, including 25 funded and 1 that has exited. Its top competitors include companies like Tagaddod, EcoEx and Circunomics.
Company Details
Application for waste trading. It is a sharing software for neighborhood groups that enables users to donate goods to those who need them. By photographing the meal and placing it on the app for others to request, application users can volunteer to share it with people within the community.
- Website
- olioapp.com/en/
- Email ID
- *****@olioapp.com, *****@olioapp.com
- Registered Address
- 157a Nelson Road, London, England, N8 9RR
Key Metrics
Founded Year
2015
Location
London, United Kingdom
Stage
Series B
Total Funding
$51.2M in 4 rounds
Latest Funding Round
Ranked
1st among 125 active competitors
Annual Revenue
£1M - £10M as on Feb 29, 2024
Employee Count
142 as on Jun 30, 2026
Legal entities associated with Olio
Olio is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OLIO EXCHANGE LIMITED CIN: 9428660 , Germany, Active | Feb 08, 2015 | £1M - £10M (As on Feb 29, 2024) | 90 (As on Feb 29, 2024) |
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Olio's funding and investors
Olio has raised a total funding of $51.2M over 4 rounds. Its first funding round was on Jan 11, 2017. Its latest funding round was a Series B round on Sep 05, 2021 for $*****. 9 investors participated in its latest round. Olio has 23 institutional investors and 16 angel investors.
Here is the list of recent funding rounds of Olio:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 05, 2021 | 3611955 | Series B | 9440532 | 7074674 | 7860294 | 5218994 |
Jul 11, 2018 | 5975900 | Series A | 6239437 | 8069886 | 9509700 | |
2017 | 1144 | Grant (prize money) | 2603 | 2198 | 7253 |
View details of Olio's funding rounds and investors
Olio's founders and board of directors
Founder? Claim ProfileThe founders of Olio is Saasha Celestial-One.
Here are the details of Olio's key team members:
- Saasha Celestial-One: Co-Founder & COO of Olio and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 email addresses
Olio's Board of Directors
Olio's board has 4 active members. Tessa Clarke and Saasha Celestial-One are part of team and Frederic Gabriel Mazzella and Per Brilioth are independent board members.Here is the list of Olio's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 4m | |
Team | - | Current | 11y 4m | |
Independent board member | - | Current | 7y 1m | |
{{vdlwq | Independent board member | - | Current | 5y 7m |
View details of Olio's Founder profiles and Board Members
Olio's employee count trend
Olio has 142 employees as of Jun 26. Here is Olio's employee count trend over the years:
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Olio's Competitors and alternates
Top competitors of Olio include Tagaddod, EcoEx and Circunomics. Here is the list of Top 10 competitors of Olio, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Olio 2015, London (United Kingdom), Series B | Application for waste trading | $51.2M | 71/100 | |
2nd | Provider of used cooking oil collection and recycling for biofuel industry | $27.5M | 64/100 | ||
3rd | Cloud-based platform for exchange of plastic credit certificates | $4M | 62/100 | ||
4th | Circunomics 2019, Mainz (Germany), Series A | Waste management services for electric vehicle batteries | $10.4M | 59/100 | |
5th | B2B platform for metal sourcing, recycling, contract manufacturing, and financing | $24.3M | 57/100 | ||
6th | ScrapAd is a global marketplace for buying and selling recyclable materials. | $9.43M | 50/100 | ||
7th | B2B online scrap metal marketplace | $17.1M | 49/100 | ||
8th | Safi 2021, London (United Kingdom), Series A | Provider of AI solutions to trade recyclables | $19.5M | 46/100 | |
9th | Provider of waste management and recycling services | - | - | 43/100 | |
10th | Online platform for international scrap metal trade | $21.4M | 42/100 |
Looking for more details on Olio's competitors? Click here to see the top ones
Olio's Investments and acquisitions
Olio has made no investments or acquisitions yet.
Reports related to Olio
Here is the latest report on Olio's sector:
News related to Olio
Media has covered Olio for a total of 4 events in the last 1 year, 4 of them have been about partnerships.
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Olio and AION Biosystems Partner to Close the Post-Discharge Blind SpotBusiness Wire•Apr 21, 2026•AION Biosystems, Olio
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Iceland partners with Olio for food waste schemeRetail Gazette•Aug 08, 2025•Olio, Gander, Iceland Foods
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OLIO raises $43M Series B to tackle global food waste, plans expansion and new app featuresTechCrunch+•Jul 15, 2025•Olio, Tesco
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Olio Teams With Gander As It Steps Up Fight Against Food Waste With Launch Of New Deals Section On Its AppRetail Technology Innovation Hub•Jul 29, 2024•Olio, Gander
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Whole Foods Market enlists Olio for food waste prevention push across London storesRetail Technology Innovation Hub•May 30, 2023•Olio, Whole Foods Market
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Tesco tie-up with food sharing app Olio saves 30 million meals from landfillThegrocer•Feb 08, 2023•Olio, Tesco
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Food sharing app to distribute 200 million mealsMaterials Recycling World•Jun 29, 2022•Olio, Fareshare
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