£25k
Marketplace for solar panel installation
Job no longer available
Marketplace for solar panel installation
201-500 employees
Job no longer available
£25k
201-500 employees
To promote energy transition from combustibles into renewables, by making the purchase and installation of solar systems a seamless and affordable experience.
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42% employee growth in 12 months
Dec 2019
$16.4m
LATE VC
Oct 2018
$11.3m
EARLY VC
With the cost of traditional energy bills rising steeply, demand for alternatives is on the up. Otovo solves this problem by connecting homeowners with solar panel installation experts.
While there are a number of solar panel marketplaces available to consumers, Otovo has successfully set itself apart thanks to its proprietary technology, which analyses individual homes to identify the optimal solar panel provider. This has given the company a valuable edge, and allowed it to raise an impressive $130 million in funding in 2023. This money will enable Otovo to expand to new geographies across Europe.
Otovo's ability to streamline the solar panel installation process, and to cut costs for homeowners, has broad market appeal. This will help ensure the company gains a strong foothold in new markets.
Kirsty
Company Specialist at Welcome to the Jungle