OVO Energy

company

About

OVO Energy is an independent energy technology company and supplier.

Details

Last Funding Type
Corporate Round
Last Funding Money Raised
£216M
Industries
Energy,Energy Efficiency,Renewable Energy
Founded date
Jan 1, 2009
Number Of Employee
1001 - 5000
Operating Status
Active
Legal Name
OVO Energy Ltd.

OVO Energy is an independent energy technology company and supplier.

The company was launched in 2009. OVO Energy is set to make energy cheaper, greener, and simpler. The company has brought great service, clear information, and honesty to a broken industry. These days our sights are set higher.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
£247M
OVO Energy has raised a total of £247M in funding over 2 rounds. Their latest funding was raised on Feb 13, 2019 from a Corporate Round round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 13, 2019 Corporate Round £216M 1 Mitsubishi Corporation Detail
Dec 21, 2018 Grant Detail
Apr 15, 2015 Private Equity(PE) £31M 1 Mayfair Equity Partners Detail

Investors

Number of Lead Investors
Number of Investors
2
2
OVO Energy is funded by 2 investors. Mitsubishi Corporation and Mayfair Equity Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Mitsubishi Corporation Yes Corporate Round
Mayfair Equity Partners Yes Private Equity(PE)

Employee Profiles

Number of Employee Profiles
7
OVO Energy has 7 current employee profiles, including Executive Stephen Fitzpatrick
Executive
Executive
Executive
Executive

Acquisition

OVO Energy has acquired 2 organizations. Their most recent acquisition was SSE on Jan 15, 2020. They acquired SSE for 0.

Date Company Name
Industry Acquisition Type Price
Jan 15, 2020 SSE
Electrical Distribution acquisition Detail
Jan 16, 2020 SSE
Energy acquisition £ 500M Detail