Ovo Energy Overview

  • Founded
  • 2009
Founded
  • Status
  • Private
  • Employees
  • 2,000
Employees
  • Latest Deal Type
  • Corporate
  • Latest Deal Amount
  • $281M
Latest Deal Amount
  • Investors
  • 4

Ovo Energy General Information

Description

Developer of an energy supply platform designed to distribute gas and electricity in the United Kingdom. The company's platform supports buying and selling of electricity and gas to domestic properties, enabling customers to use them in a fairer, greener and simpler way.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electric Utilities
Other Industries
Other Energy Services
Primary Office
  • 1 Rivergate, Temple Quay
  • Bristol BS1 6ED
  • England, United Kingdom
+44 0800 000 0000

Ovo Energy Timeline

2018201920202021
Financing RoundCaptured Employee CountEstimated Employee Growth
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Ovo Energy Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Corporate 14-Feb-2019 $281M 00000 00.00 Completed Generating Revenue
5. Later Stage VC 13-Feb-2019 00000 00000 00.000 Completed Generating Revenue
4. Grant 29-Dec-2018 00.000 000.00 Completed Generating Revenue
3. PE Growth/Expansion 01-Sep-2015 000.00 000.00 Completed Generating Revenue
2. Secondary Transaction - Private 17-Apr-2015 $13.4M Completed Generating Revenue
1. Mezzanine 24-Aug-2014 $13.4M $13.4M Completed Generating Revenue
To view Ovo Energy’s complete valuation and funding history, request access »

Ovo Energy Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
A Ordinary 0,000,000 00.000000 000.00 000.00 00 000.00 0.000
C Ordinary 00,000 00.000000 000.00 000.00 00 000.00 0.000
C Ordinary 00,000 00.000000 000.0 000.0 00 000.0 0.000
C Ordinary 00,000 00.000000 000.00 000.00 00 000.00 0.000
C Ordinary 5,834 $0.000013 $11.58 $11.58 1x $11.58 0.03%
C Ordinary 21,674 $0.000013 $5.62 $5.62 1x $5.62 0.12%
To view Ovo Energy’s complete cap table history, request access »

Ovo Energy Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of an energy supply platform designed to distribute gas and electricity in the United Kingdom. The company's p
Electric Utilities
Bristol, United Kingdom
2,000 As of 2019
00000
0.00 0000-00-00
000000000000 00000

00000000

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00000000 000000000
Bilbao, Spain
00000 As of 0000
00.000
000000 - 000 00.000

00 00000

eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud e
000000 0000000000
Solihull, United Kingdom
000 As of 0000
0000 0000-00-00
000000&0
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Ovo Energy Competitors (22)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Iberdrola Corporation Bilbao, Spain 00000 00.000 000000 - 000 00.000
00 00000 0000000 Formerly PE-Backed Solihull, United Kingdom 000 000000&0
0000 (000000 00000 Venture Capital-Backed London, United Kingdom 000 000.00 0000000000 0 000.00
000 Corporate Backed or Acquired Perth, United Kingdom 00000 000000&0
00000 0000000 Formerly PE-Backed Coventry, United Kingdom 000 00.000 000000&0 00.000
You’re viewing 5 of 22 competitors. Get the full list »

Ovo Energy Executive Team (18)

Name Title Board Seat Contact Info
Adrian Letts Chief Executive Officer of Retail and Board Member
Stephen Fitzpatrick Co-Founder, Chief Executive Officer & Board Member
Bill Castell Chief Financial Officer
Ramanbir Bhatia Chief Operating Officer
Melissa Gander Group Chief Operating Officer
You’re viewing 5 of 18 executive team members. Get the full list »

Ovo Energy Board Members (10)

Name Representing Role Since
Adrian Letts Ovo Energy Chief Executive Officer of Retail and Board Member 000 0000
Atsushi Suzuki Ovo Energy Board Member 000 0000
Daniel Sasaki JD Mayfair Equity Partners Board Member 000 0000
Niall Wass Ovo Energy Board Member 000 0000
Stephen Fitzpatrick Ovo Energy Co-Founder, Chief Executive Officer & Board Member 000 0000
You’re viewing 5 of 10 board members. Get the full list »

Ovo Energy Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Ovo Energy Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Mitsubishi Corporation Minority 000 0000 000000 0
Government of UK Government 000 0000 000000 0
Mayfair Equity Partners PE/Buyout Minority 000 0000 000000 0
Generation Investment Management Impact Investing Minority 000 0000 000000 0
To view Ovo Energy’s complete investors history, request access »

Ovo Energy Investments & Acquisitions (10)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000 15-Jan-2020 000000000000000000 00000 Electric Utilities 0000000 00000000000
000 (000000000 000 15-Jan-2020 000000000000000000 00000 Distributors/Wholesale 0000000 00000000000
000 (00 000000 000 15-Jan-2020 000000000000000000 00000 Other Energy 0000000 00000000000
000(00000000 00000 15-Jan-2020 000000000000000000 00000 Gas Utilities 0000000 00000000000
Renewable Exchange 21-Oct-2019 Corporate Energy Traders and Brokers 0000000 00000000000
You’re viewing 5 of 10 investments and acquisitions. Get the full list »

Ovo Energy Subsidiaries (5)

Company Name Industry Location Founded
Indra Renewable Technologies Automotive Malvern, United Kingdom 2013
00000 00000000 Other Services (B2C Non-Financial) Dunfermline, United Kingdom 0000
0000000 Other Energy Services Providence, RI 0000
00000 000000 00000 Energy Transportation Selkirk, United Kingdom 0000
000 Electric Utilities Perth, United Kingdom 0000
To view Ovo Energy’s complete subsidiaries history, request access »

Ovo Energy Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000000 01-Aug-2019 000000000000000000 Completed
  • 000 000000
To view Ovo Energy’s complete exits history, request access »