Ovo (Multi-Utilities) Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Private

  • Employees
  • 5,000

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $249M

  • Investors
  • 6

Ovo (Multi-Utilities) General Information

Description

Operator of an energy supply company committed to being a net-zero carbon business and achieving bold science-based carbon reduction targets. The company offers services like buying and selling electricity and gas to domestic properties, enabling customers to access clean energy sources for their livelihood and reduce household emissions at the same time.

Contact Information

Formerly Known As
Ovo Energy (Group)
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1 Rivergate
  • Temple Quay
  • Bristol BS1 6ED
  • England, United Kingdom
+44 0800
Primary Industry
Multi-Utilities
Other Industries
Gas Utilities
Application Software
Electric Utilities
Corporate Office
  • 1 Rivergate
  • Temple Quay
  • Bristol BS1 6ED
  • England, United Kingdom
+44 0800

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Ovo (Multi-Utilities) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Later Stage VC 09-Jun-2023 $249M Completed Generating Revenue
10. Debt - Acquisition 31-Dec-2021 Cancelled Generating Revenue
9. Later Stage VC 30-Apr-2021 Cancelled Generating Revenue
8. Grant 01-Jul-2020 Completed Generating Revenue
7. Debt - Acquisition 13-Sep-2019 Completed Generating Revenue
6. Later Stage VC 14-Feb-2019 Completed Generating Revenue
5. Grant 29-Dec-2018 Completed Generating Revenue
4. Grant 01-Apr-2018 Completed Generating Revenue
3. Later Stage VC (Series A) 01-Sep-2015 $48.3M $61.7M Completed Generating Revenue
2. Secondary Transaction - Private 17-Apr-2015 $13.4M Completed Generating Revenue
To view Ovo (Multi-Utilities)’s complete valuation and funding history, request access »

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Ovo (Multi-Utilities) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an energy supply company committed to being a net-zero carbon business and achieving bold science-based carb
Multi-Utilities
Bristol, United Kingdom
5,000 As of 2024

London, United Kingdom
 

Coventry, United Kingdom
 
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Ovo (Multi-Utilities) Competitors (9)

One of Ovo (Multi-Utilities)’s 9 competitors is Octopus Energy (UK), a Private Equity-Backed company based in London, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Octopus Energy (UK) Private Equity-Backed London, United Kingdom
E.ON Next Energy Corporate Backed or Acquired Coventry, United Kingdom
Vattenfall Private Debt Financed Solna, Sweden
Ecotricity Corporation Stroud, United Kingdom
Premier Energy (Energy Trading) Private Equity-Backed Chisinau, Moldova
You’re viewing 5 of 9 competitors. Get the full list »

Ovo (Multi-Utilities) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Ovo (Multi-Utilities) Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Morgan Stanley Investment Management Asset Manager Minority
Mitsubishi Corporation Minority
Government of UK Government
Innovate UK Government
Mayfair Equity Partners PE/Buyout Minority
You’re viewing 5 of 6 investors. Get the full list »

Ovo (Multi-Utilities) Investments & Acquisitions (10)

Ovo (Multi-Utilities)’s most recent deal was a Later Stage VC with Electron for . The deal was made on 30-Jan-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Electron 30-Jan-2024 Later Stage VC Business/Productivity Software
Bonnet (Bristol) 24-Nov-2023 Merger/Acquisition Automotive
SSE Energy Services 15-Jan-2020 Merger/Acquisition Other Services (B2C Non-Financial)
Renewable Exchange 21-Oct-2019 Corporate Business/Productivity Software
4hundred 01-Aug-2019 Merger/Acquisition Electric Utilities
You’re viewing 5 of 10 investments and acquisitions. Get the full list »

Ovo (Multi-Utilities) Affiliates

Subsidiaries (3)

Name Industry Location Year Founded
Bonnet (Bristol) Bristol, United Kingdom 2019
Indra Malvern, United Kingdom 2013
CORGI HomePlan Glasgow, United Kingdom 2009

Ovo (Multi-Utilities) FAQs

  • When was Ovo (Multi-Utilities) founded?

    Ovo (Multi-Utilities) was founded in 2009.

  • Where is Ovo (Multi-Utilities) headquartered?

    Ovo (Multi-Utilities) is headquartered in Bristol, United Kingdom.

  • What is the size of Ovo (Multi-Utilities)?

    Ovo (Multi-Utilities) has 5,000 total employees.

  • What industry is Ovo (Multi-Utilities) in?

    Ovo (Multi-Utilities)’s primary industry is Multi-Utilities.

  • Is Ovo (Multi-Utilities) a private or public company?

    Ovo (Multi-Utilities) is a Private company.

  • What is Ovo (Multi-Utilities)’s current revenue?

    The current revenue for Ovo (Multi-Utilities) is .

  • How much funding has Ovo (Multi-Utilities) raised over time?

    Ovo (Multi-Utilities) has raised $571M.

  • Who are Ovo (Multi-Utilities)’s investors?

    Morgan Stanley Investment Management, Mitsubishi, Government of UK, Innovate UK, and Mayfair Equity Partners are 5 of 6 investors who have invested in Ovo (Multi-Utilities).

  • Who are Ovo (Multi-Utilities)’s competitors?

    Octopus Energy (UK), E.ON Next Energy, Vattenfall, Ecotricity, and Premier Energy (Energy Trading) are some of the 9 competitors of Ovo (Multi-Utilities).

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