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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.
Social
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Email ID
*****@olioapp.com, *****@olioapp.com
Registered Address
157a Nelson Road, London, England, N8 9RR
Key Metrics
Founded Year
2015
Location
Stage
Series B
Total Funding
$51.2M in 4 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
£1M - £10M as on Feb 29, 2024
Employee Count
142 as on Jun 30, 2026
Similar Companies
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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:lockFilter this list
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
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Olio's founders and board of directors

Founder? Claim Profile
The founders of Olio is Saasha Celestial-One.
Here are the details of Olio's key team members:

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

Olio's employee count trend

Olio has 142 employees as of Jun 26. Here is Olio's employee count trend over the years:
Employee count trend for Olio
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Olio
Olio
2015, London (United Kingdom), Series B
Application for waste trading
$51.2M
71/100
2nd
Logo for Tagaddod
Tagaddod
2013, Cairo (Egypt), Series A
Provider of used cooking oil collection and recycling for biofuel industry
$27.5M
64/100
3rd
Logo for EcoEx
EcoEx
2020, Delhi (India), Seed
Cloud-based platform for exchange of plastic credit certificates
$4M
62/100
4th
Logo for Circunomics
Circunomics
2019, Mainz (Germany), Series A
Waste management services for electric vehicle batteries
$10.4M
59/100
5th
Logo for Metalbook
Metalbook
2021, Gurugram (India), Series A
B2B platform for metal sourcing, recycling, contract manufacturing, and financing
$24.3M
57/100
6th
Logo for ScrapAd
ScrapAd
2018, Madrid (Spain), Series A
ScrapAd is a global marketplace for buying and selling recyclable materials.
$9.43M
50/100
7th
Logo for Metaloop
Metaloop
2022, Graz (Austria), Series A
B2B online scrap metal marketplace
$17.1M
49/100
8th
Logo for Safi
Safi
2021, London (United Kingdom), Series A
Provider of AI solutions to trade recyclables
$19.5M
46/100
9th
Logo for VALOBAT
VALOBAT
2021, Courbevoie (France), Seed
Provider of waste management and recycling services
-
-
43/100
10th
Logo for METYCLE
METYCLE
2022, Cologne (Germany), Series A
Online platform for international scrap metal trade
$21.4M
42/100
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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.
Lidl GB expands surplus food collections to 200 storesRetail Insight NetworkAug 07, 2026Olio
Food sharing app to distribute 200 million mealsMaterials Recycling WorldJun 29, 2022Olio, Fareshare
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