Total Funding

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$39.8M

Employee Range

101-250

See detailed funding on Crunchbase

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.

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Otovo data powered by:

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OtovoOverall Ranking

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City Rank

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In Oslo

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City Rank AwardTop null%

out of startups

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National Rank

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In Norway

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In Western Europe

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Worldwide

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OtovoIndustry Rankings in

Industry iconEnergy & Environment
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City Rank

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1st

In Oslo

+24 positionsvs last quarter
City Rank AwardTop 4%

out of 26 startups

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National Rank

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2nd

In Norway

+58 positionsvs last quarter
City Rank AwardTop 4%

out of 61 startups

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Regional Rank

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27th

In Western Europe

+1701 positionsvs last quarter
City Rank AwardTop 2%

out of 1807 startups

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Global Rank

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Worldwide

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OtovoSubindustry Rankings in

Subindustry iconEnergy
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City Rank

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1st

In Oslo

+16 positionsvs last quarter
City Rank AwardTop 6%

out of 17 startups

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National Rank

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2nd

In Norway

+34 positionsvs last quarter
City Rank AwardTop 6%

out of 36 startups

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Regional Rank

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19th

In Western Europe

+895 positionsvs last quarter
City Rank AwardTop 3%

out of 940 startups

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Global Rank

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OtovoSB Rank Evolution

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OtovostartupComparison

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