Olio

London, United Kingdom Founded: 2015 • Age: 11 yrs
Surplus goods are shared among neighbors through a mobile app.
Annual revenue - Latest available
Total funding $51.2M 4 rounds
Employees - Tracked headcount
Investors 16 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Olio

Olio is a company based in London (United Kingdom) founded in 2015 by Tessa Clarke and Saasha Celestial-One. It operates as a Peer-to-Peer (P2P). Olio has raised $51.2 million across 4 funding rounds from investors including Accel, Chivas and VNV Global. Olio offers products and services including Olio App. Olio operates in a competitive market with competitors including METYCLE, cieTrade, Safi, Metaloop and Asier, among others.

  • Headquarter London, United Kingdom
  • Founders Tessa Clarke, Saasha Celestial-One
  • Sectors
    Environment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Olio Exchange Limited
  • Date of Incorporation 09 Feb, 2015
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $51.2 M (USD)

    in 4 rounds

  • Latest Funding Round
    $43 M (USD), Series B

    Sep 05, 2021

  • Investors
    Accel

    & 15 more

  • Employee Count
    Not available
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Products & Services of Olio

Olio offers a comprehensive portfolio of products and services, including Olio App.

Product name locked
Category locked
Primary

An app for sharing and finding local items.

People of Olio

Headcount 10-50
Employee Profiles 63
Employee Profiles
People
Juan Torres
Copywriter (ES Markets)
People
Tessa Clarke
Co-Founder & CEO
People
Saasha Celestial-One
Co-Founder & COO
People
Musti Meyzin
CRM Manager

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Funding Insights of Olio

Olio has successfully raised a total of $51.2M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $43 million completed in September 2021. 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.

Investors in Olio

Olio has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Accel, Chivas and VNV Global.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments in tech startups are managed by VNV Global.
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Accel is recognized as a leading venture capital firm.
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Venture capital investment and support for founders in technology and health sectors.
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Investor details for Olio

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Olio

Investments
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Investment portfolio details for Olio

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Olio

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Detailed financials for Olio

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Olio Comparisons

Olio Primary company
Description
Surplus goods are shared among neighbors through a mobile ap...
Location
London, United Kingdom
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Olio

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Olio

Olio 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 METYCLE, cieTrade, Safi, Metaloop and Asier, among others.

Company Name Domain Founded year HQ Location Description
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International scrap metal trading is enabled via an online platform.
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Software for recycling, trading, commodity management, and inventory control operations.
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AI solutions are provided for trading recyclables with quality control.
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B2B online scrap metal marketplace
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Global commodity trading house dealing in metals, scrap, alloys, and hedging services.
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Detailed competitors of Olio

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
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Latest news on Olio

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Complete news archive for Olio

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Olio

Olio was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Olio is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Tessa Clarke is the current CEO of Olio. They have also founded this company.

Olio is a funded company, having raised a total of $51.2M across 4 funding rounds to date.

Olio is recognized as a mobile application designed to connect local communities for sharing items and reducing waste. It operates in the sustainability sector by enabling users to give away or find items instead of discarding or buying new ones. Solutions are provided through a user-friendly app that facilitates item exchanges, contributing to environmental conservation and community building across various regions globally.

Olio's top competitors include METYCLE, Safi and Metaloop.

Olio offers Olio App.

Olio has 16 investors. Key investors include Accel, Chivas, VNV Global, Octopus Ventures, and Delivery Hero Ventures.

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