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OVO operates as an energy technology company focused on transforming the energy sector. It provides customers with greener, more affordable, and user-friendly energy solutions through innovative platforms and services. The company develops advanced systems that aim to optimize energy usage and facilitate a transition towards a more sustainable energy infrastructure.
Stephen Fitzpatrick founded OVO in 2009, driven by an ambition to disrupt the incumbent energy market. His foundational insight stemmed from the observation that traditional energy suppliers often offered poor service, prompting him to create an alternative prioritizing customer experience, environmental responsibility, and cost-effectiveness.
OVO serves a broad customer base seeking transparent and efficient energy provision, particularly those focused on reducing their environmental impact and energy expenditures. The company’s long-term vision is to establish a world powered by clean, affordable energy for everyone, actively working towards decarbonization and empowering consumers with greater control over their energy consumption.
OVO has raised $150K across 1 funding round.
Key people at OVO.
OVO has raised $150K in total across 1 funding round.
Key people at OVO.
OVO has raised $150K across 1 funding round. Most recently, it raised $150K Seed in November 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 14, 2020 | LoanSnap | $10.0M Other Equity | Alex Pall, True Ventures | Accelerator Ventures, Baseline Ventures, JOE Montana, Morado Ventures, Peter Thomson, Transmedia Capital, Richard Branson, Work Play Ventures |
| Jan 1, 2019 | Warung Pintar | $28.0M Series B | — | AME Cloud Ventures, Chemistry VC, FTX Ventures, Hardware Club, Penny JAR Capital, Simon Equity Partners LLC, Telstra Ventures, Colin Carrier, Jerry NG, Agaeti Venture Capital, Digital Garage, Willson Cuaca, LINE Ventures, Pavilion Capital, Smdv, Triputra Group, Vertex |
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2020 | $150K Seed | — | TA Ventures | Announced |
OVO refers to multiple distinct entities in technology and investment, so I will focus on the most relevant based on your query:
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OVO is primarily known as a technology-driven energy company committed to creating a world with clean, affordable energy for everyone, addressing climate change through innovative solutions[3]. Alternatively, there is OVO Technology, a web design and development firm based in Dhaka, Bangladesh, specializing in custom website solutions[2], and another OVO Technology focused on optimizing poultry farming by increasing male broiler production efficiency[4]. Additionally, OVO Partners is a Silicon Valley–born asset management and family office firm with over €38 billion assets under management, specializing in bespoke project financing and private market access[1].
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Each OVO entity reflects a commitment to innovation within its domain, whether energy, technology services, agriculture, or investment, shaping their respective ecosystems with tailored solutions and forward-looking strategies.
OVO has raised $150K in total across 1 funding round.
OVO's investors include TA Ventures.
