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Overview
To homeowners, Otovo is the easiest way to get solar panels on the roof and batteries in the home. We are a marketplace organizing a network of hundreds of local, high quality energy installers that we have vetted thoroughly. We use our proprietary technology to analyse the potential of any home and advise precisely about the ideal project.
Founded in Oslo in 2016, our team consists of engineers, programmers and technical consultants located in Oslo, Stockholm, Paris, Madrid, Warsaw, Milan, Berlin, Barcelona and Lisbon.
We have sold and completed thousands of solar energy projects across Europe and aim to become the continent’s no.1 residential solar energy company. Otovo is financially solid, being backed by some of Scandinavia’s major investment entities, notably Axel Johnson of Sweden, Norway’s municipal pension fund (KLP), and Nysnø, the Norwegian green sovereign investment fund.
About
Marketplace, Energy, CleanTech, Solar, Renewable Energy
2016
101-250
Headquarters locations
Europe
Social
N/A
Profile Resume
Otovo headquartered in Europe, operates in the Marketplace, Energy, CleanTech, Solar, Renewable Energy sector. The company focuses on Marketplace and has secured $49.4B in funding across 200 round(s). With a team of 101-250 employees, Otovo is actively contributing to advancements in Marketplace. Their latest funding round, Venture Round - Otovo, raised $2.8M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
10
1
0
$246.8M
Details
1
Otovo has raised a total of $246.8M in funding over 1 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2016 | Seed | 844.9K |
Investors
Otovo is funded by 32 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
OBOS Group | - | FUNDING ROUND - OBOS Group | 42.8M |
Otovo | - | FUNDING ROUND - Otovo | 7.0M |
Otovo | - | FUNDING ROUND - Otovo | 2.8M |
Agder Energi Venture | - | FUNDING ROUND - Agder Energi Venture | 2.8M |
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