When was OVO founded?

OVO was founded in 2009 and raised its 1st funding round 6 years after it was founded.

Where is OVO located?

OVO is headquartered in Bristol, United Kingdom.

How many employees does OVO have?

As of May 31, 2026, the latest employee count at OVO is 3191.

Is OVO a funded company?

OVO is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Apr 2015.

When was the latest funding round of OVO?

OVO's latest funding was a $***** PE round on Apr 2015, with participation from 1 investor.

Where does OVO rank among its competitors?

OVO ranks 1st amongst 156 active competitors, of which 7 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was EA Technology, which secured an undisclosed amount in Oct, 2024.

Who are the top competitors of OVO?

OVO's top competitors include Octopus Renewables, EA Technology and Fred. Olsen. Among them, EA Technology secured the most recent funding round in October, 2024.

OVO - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of digital energy services and intelligent grid technology solutions. The company delivers software and hardware solutions to a range of partners. It offers in-home installation services. The company focuses on finding better ways to deliver service and improve products.

Website: ovo.com
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Key Metrics

Founded Year

2009

Location

Bristol, United Kingdom

Stage

Acquired

Latest Funding Round

PE, Apr 2015, $*****

Investors

Mayfair

Ranked

1^st among 156 active competitors

Employee Count

3,191 as on May 31, 2026

Investment & Acquisitions

Tern

Similar Companies

CleanMax & 1280 more

Exit Details

Acquired by E.ON (May 11, 2026)

View OVO's full profile

OVO got acquired by E.ON on May 11, 2026.

Click here to take a look at OVO's acquisition in detail

OVO has raised funding over 1 round. Its latest funding round was a PE round on Apr 2015 for $*****. 1 investor participated in its latest round. OVO has 1 institutional investor.

Here is the list of recent funding rounds of OVO:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 2015	9563718	PE	5184335	1452583	5169817	2356089

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View details of OVO's funding rounds and investors

OVO's employee count trend

OVO has 3,191 employees as of May 26. Here is OVO's employee count trend over the years:

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Top competitors of OVO include Octopus Renewables, EA Technology and Fred. Olsen. Here is the list of Top 10 competitors of OVO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	OVO 2009, Bristol (United Kingdom), Acquired	Provider of digital energy services and intelligent grid technology solutions	-	Mayfair	48/100
2nd	Octopus Renewables 2000, London (United Kingdom), Public	Developer of wind and solar energy projects	-	-	45/100
3rd	EA Technology 1966, Capenhurst (United Kingdom), Late Stage	Provider of asset management, diagnostic instruments, skills training, and technical services	-	Summa Equity	42/100
4th	Fred. Olsen 1963, London (United Kingdom), Unfunded	Developer of solar and wind energy projects	-	-	42/100
5th	Conrad Energy 2017, Abingdon (United Kingdom), Funding Raised	Developer of wind and solar energy projects	-	I Squared	41/100
6th	AGR 2011, London (United Kingdom), Unfunded	Turnkey renewable energy project developer	-	-	40/100
7th	Muirhall Energy 2003, Lanark (United Kingdom), Unfunded	Developer of wind energy projects	-	-	40/100
8th	Brockwell Energy 2017, Edinburgh (United Kingdom), Acquired	Developer of renewable energy infrastructure including wind solar and storage	-	-	40/100
9th	Bute Energy 2020, London (United Kingdom), Unfunded	Developer of solar and wind energy projects	-	-	39/100
10th	Buchan Offshore Wind 2022, Glasgow (United Kingdom), Unfunded	Developer of wind energy projects	-	-	38/100