Ondo - About the company
Ondo is a public company based in London (United Kingdom), founded in 2021. It operates as an Insurance risk transfer and reduction solutions for home insurers. Ondo has raised an undisclosed amount in funding. The company has 8 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like Hometree, Urban Jungle and NHBC.
Company Details
Insurance risk transfer and reduction solutions for home insurers. It offers solutions for claims prevention, reduces waste, lower insurance premiums, sustainable risk reduction, and more. It also offers homeowner engagement and advocacy solutions.
- Website
- www.ondoplc.com/
- Email ID
- *****@leakbot.io
- Registered Address
- 60 GRACECHURCH STREET,LONDON,UNITED KINGDOM,EC3V 0HR
Key Metrics
Founded Year
2021
Location
London, United Kingdom
Stage
Public
Latest Funding Round
Ranked
3rd among 8 active competitors
Employee Count
14 as on Apr 30, 2026
Exit Details
Public
Legal entities associated with Ondo
Ondo is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ONDO INSURTECH PLC CIN: 13218816 , United Kingdom, Active | Feb 22, 2021 | - | 24 (As on Jan 31, 2022) | |
ONDO INSURTECH PLC CIN: 13218816 , United Kingdom, Active | Feb 22, 2021 | - | - |
Ondo's IPO details
Ondo got listed on Jul 28, 2021.
Click here to take a look at Ondo's IPO in detail
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Ondo's funding and investors
Ondo has raised funding over 2 rounds. Its first funding round was on May 12, 2023.
Here is the list of recent funding rounds of Ondo:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 01, 2023 | 6510883 | Post IPO | 1676181 | 1604128 | 8325293 | 4668909 |
May 12, 2023 | 4554613 | Post IPO | 1510810 | 1706634 | 1607003 | 9583446 |
View details of Ondo's funding rounds and investors
Ondo's founders and board of directors
Founder? Claim ProfileOndo's employee count trend
Ondo has 14 employees as of Apr 26. Here is Ondo's employee count trend over the years:
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Ondo's Competitors and alternates
Top competitors of Ondo include Hometree, Urban Jungle and NHBC. Here is the list of Top 10 competitors of Ondo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hometree 2016, London (United Kingdom), Series C | Provider of an online platform for home insurance | $268M | 57/100 | |
2nd | Urban Jungle 2016, London (United Kingdom), Series A | Online home contents insurance platform for renting and sharing individuals | $55.1M | 56/100 | |
3rd | Ondo 2021, London (United Kingdom), Public | Insurance risk transfer and reduction solutions for home insurers | - | - | 48/100 |
4th | NHBC 1936, Milton Keynes (United Kingdom), Acquired | Provider of home insurance and warranty services | - | - | 36/100 |
5th | Buzzvault 2013, London (United Kingdom), Seed | Home insurance and management platform | $8.8M | 33/100 | |
6th | Locket 2020, London (United Kingdom), Funding Raised | Provider of insurance services | - | - | 25/100 |
7th | rivrcover 2022, London (United Kingdom), Unfunded | Provider of an online platform for home insurance | - | - | 16/100 |
8th | Abcord 1986, London (United Kingdom), Unfunded | Landlord insurance solution for residential properties | - | - | 16/100 |
9th | OneHome London (United Kingdom), Deadpooled | Online home insurance platform | - | - | 15/100 |
10th | Tock insurance solutions 2017, Taunton (United Kingdom), Deadpooled | Internet first provider of home insurance services | - | - | 15/100 |
Looking for more details on Ondo's competitors? Click here to see the top ones
Ondo's Investments and acquisitions
Ondo has made no investments or acquisitions yet.
News related to Ondo
Media has covered Ondo for a total of 9 events in the last 1 year, 7 of them have been about company updates and 1 about partnerships.
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Ondo InsurTech's LeakBot Expands to 26 U.S. States with Nationwide & Gains ContractsBusiness News Today•Nov 25, 2025•Westfield Insurance, Nationwide, Ondo, Indiana Farm Bureau
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Ondo InsurTech Secures US Deal to Deploy 10,000 LeakBot Devices with Westfield InsuranceUK Share Prices &•Nov 10, 2025•Westfield Insurance, Ondo, LeakBot
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Ondo InsurTech signs new LeakBot deal with AdmiralUK Share Prices &•Sep 03, 2025•Ondo, Admiral Group
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Gregory (Mark) Mark Wood Acquires 46,000 Shares of Ondo InsurTech Plc (LON:ONDO) Stockinsidertrades.com•Jul 01, 2025•Ondo
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Pure Insurance Expands Leakbot Program To Seven More StatesInsurance Business America•Feb 17, 2025•Pure Storage, Ondo, Spinnaker Networks, Hiscox and 3 others
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