About Ojjo
Ojjo is a company based in San Rafael (United States) founded in 2018 by Jack West and Daniel Flanigan was acquired by Nextracker in June 2024.. Ojjo has raised $55 million across 2 funding rounds from investors including Nextracker, Ajax Strategies and NGP Energy Capital. Ojjo offers products and services including NX Horizon, NX Anchor Foundation System, Ojjo Earth Truss Foundation System, and TrueCapture. Ojjo operates in a competitive market with competitors including Enel X, Longroad Energy, Recurrent Energy, Origis Energy and Aspen Power, among others.
- Headquarter San Rafael, United States
- Founders Jack West, Daniel Flanigan
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Nextracker Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$55 M (USD)
in 2 rounds
-
Latest Funding Round
$40 M (USD), Series C
Sep 20, 2022
-
Investors
Nextracker
& 3 more
-
Employee Count
Employee Count
-
Acquired by
Nextracker
(Jun 20, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Ojjo
Ojjo offers a comprehensive portfolio of products and services, including NX Horizon, NX Anchor Foundation System, Ojjo Earth Truss Foundation System, and TrueCapture. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Solar tracking system for optimizing energy capture in various conditions.
Engineered piles providing stability in soft and frost-prone soils.
Advanced ground screw technology for rocky and uneven terrains.
Control software for enhancing solar tracker performance.
Unlock access to complete
Funding Insights of Ojjo
Ojjo has successfully raised a total of $55M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series C — $40.0M
-
First Round
First Round
(25 Aug 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series C - Ojjo | Valuation | Ajax Strategies , NGP |
|
| Aug, 2020 | Amount | Series B - Ojjo | Valuation | Cthulhu Ventures |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ojjo
Ojjo has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Nextracker, Ajax Strategies and NGP Energy Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital is provided by Ajax Strategies to tech sectors.
|
Founded Year | Domain | Location | |
|
Early-stage investments are directed toward US life science companies.
|
Founded Year | Domain | Location | |
|
Sustainable energy infrastructure investments are managed by NGP fund.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Ojjo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Ojjo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ojjo Comparisons
Competitors of Ojjo
Ojjo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Enel X, Longroad Energy, Recurrent Energy, Origis Energy and Aspen Power, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Utility-scale renewable energy projects are developed by Enel X.
|
|
| domain | founded_year | HQ Location |
Utility-scale wind and solar power projects are developed.
|
|
| domain | founded_year | HQ Location |
Utility-scale solar projects are developed and owned by Recurrent Energy.
|
|
| domain | founded_year | HQ Location |
Utility-scale and commercial solar projects are developed worldwide.
|
|
| domain | founded_year | HQ Location |
Provider of renewable energy asset development, construction, and operation services
|
|
| domain | founded_year | HQ Location |
Hardware and home improvement products are supplied to retail markets.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Ojjo
Frequently Asked Questions about Ojjo
When was Ojjo founded?
Ojjo was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Ojjo located?
Ojjo is headquartered in San Rafael, United States. It is registered at San Rafael, California, United States.
Who is the current CEO of Ojjo?
Jack West is the current CEO of Ojjo. They have also founded this company.
Is Ojjo a funded company?
Ojjo is a funded company, having raised a total of $55M across 2 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Aug 25, 2020.
What does Ojjo do?
Ojjo was founded in 2018 in San Rafael, United States, as a developer within the renewable energy sector. Solar energy projects are designed and implemented by the company, with operations centered on project development and deployment. Co-founders Jack West, who serves as CEO, and Daniel Flanigan oversee activities. Focus is maintained on sustainable solar solutions, primarily in the United States market.
Who are the top competitors of Ojjo?
Ojjo's top competitors include Enel X, Longroad Energy and Recurrent Energy.
What products or services does Ojjo offer?
Ojjo offers NX Horizon, NX Anchor Foundation System, Ojjo Earth Truss Foundation System, and TrueCapture.
Who are Ojjo's investors?
Ojjo has 4 investors. Key investors include Nextracker, Ajax Strategies, NGP Energy Capital, and Cthulhu Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.