Otovo
A marketplace organizing a network of local, high quality energy installers that we have vetted thoroughly.
Launch date
Employees
Market cap
€31.4m
Enterprise valuation
(€4m) (Public information from Sep 2024)
Share price
NOK1.116 OTOVO.OL
Company register number 915501680
Oslo Norway (HQ)
Financials
Estimates*
NOK | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 152m | 289m | 638m | 1.0b | 680m | 954m | 1.4b |
% growth | (22 %) | 90 % | 120 % | 59 % | (33 %) | 40 % | 48 % |
EBITDA | (81.9m) | (156m) | (251m) | (309m) | (321m) | (271m) | (110m) |
% EBITDA margin | (54 %) | (54 %) | (39 %) | (31 %) | (47 %) | (28 %) | (8 %) |
Profit | (101m) | (154m) | (309m) | (385m) | (403m) | (395m) | (245m) |
% profit margin | (67 %) | (53 %) | (49 %) | (38 %) | (59 %) | (41 %) | (17 %) |
EV / revenue | - | 11.2x | 4.3x | 0.6x | 0.8x | 0.8x | 0.9x |
EV / EBITDA | - | -20.7x | -10.8x | -1.9x | -1.7x | -2.9x | -11.9x |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | €850k | Seed | |
* | €2.3m Valuation: €8.0m | Series A | |
* | €6.6m | Early VC | |
* | €10.0m | Early VC | |
$16.3m | Late VC | ||
N/A | N/A | IPO | |
NOK250m | Private Placement VC | ||
* | N/A | €30.0m | Post IPO Equity |
* | €100m | Post IPO Debt | |
* | NOK450m | Private Placement VC | |
Total Funding | €112m |
Recent News about Otovo
EditTech stack
Tech stackLearn more about the technologies and tools that this company uses.
Investments by Otovo
EditACQUISITION by Otovo Sep 2018
ACQUISITION by Otovo Mar 2019