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
- SectorsEnvironment
- Website category Jobs and Career · Human Resources
- Email••••••••
- Website olioapp.com/en
- Social LinkedIn X Facebook Instagram
- Legal Name Olio Exchange Limited
- Date of Incorporation 09 Feb, 2015
- Jurisdiction LONDON, ENGLAND
- Total Equity Funding$51.2 M (USD)
in 4 rounds
- Latest Funding Round$43 M (USD), Series B
Sep 2021
- InvestorsAccel
& 15 more
Products & Services of Olio
Olio offers a comprehensive portfolio of products and services, including Olio App.
An app for sharing and finding local items.
Apps and channels of Olio
Olio publishes 2 mobile apps with over 5M+ downloads.
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.
- Total Funding $51.2M
- Total Rounds 4
- Last Round Series B — $43.0M
- First Round $2.2M
(Jan 2017)
- Investors Count 16
All 4 funding rounds of Olio with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $43.0M | Series B | – | VNV Global | |
| Jul 2018 | $6.0M | Series A | – | Octopus Ventures | |
| Jun 2017 | $13,721 | Grant | – | – | |
| Jan 2017 | $2.2M | Seed | – | Accel , Quadia |
16 investors in total: 12 institutional and 4 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in tech startups are managed by VNV Global. | 1996 | vnv.global | Stockholm, Sweden | |
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Venture capital investment and support for founders in technology and health sectors. | – | octopusventures.com | - | |
Cloud-based platform for food delivery | – | dhventures.vc | Berlin, Germany | |
Seed-stage tech-focused VC firm investing primarily in the US | – | flight.vc | San Francisco, United States | |
Impact investments are made in world-changing entrepreneurial ventures. | 2014 | rubio.vc | Amsterdam, Netherlands | |
Venture capital investing and portfolio management services for accredited investors. | – | av.vc | - | |
Energy and tech investments are made primarily in Europe. | – | quadia.ch | Geneva, Switzerland | |
- | – | silvergateinvestments.com | - | |
Seed investment is offered by BRAN Investments for startups. | 2018 | braninvestments.co.uk | - |
Investor details for Olio
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Olio
63 people are tracked at Olio (13 in leadership, 50 in team).
| Name | Role | Group |
|---|---|---|
Tessa Clarke | Co-Founder & CEO | Leadership |
Saasha Celestial-One | Co-Founder & COO | Leadership |
Rohan Sheth | Chief of Staff | Leadership |
Jordan Elboim | Head of Product, C2C | Leadership |
Paul McKenna | Head, Engineering | Leadership |
Gareth Main | Director of Growth & BI | Leadership |
Giovanni Zacchia | Head of CRM | Leadership |
Thaisa Money McIpd | People & Culture Director (c-suite) | Leadership |
Arthur Giraux | Fractional Head Of Legal | Leadership |
Linda Stefanutti | Head, CS Operations & Strategy | Leadership |
Cozzi Baring | Head of Marketing, B2B | Leadership |
Liam Jones | Head, FWH Business Development | Leadership |
Becci Amyes | Head of Marketing, C2C | Leadership |
Juan Torres | Copywriter (ES Markets) | Team |
Musti Meyzin | CRM Manager | Team |
Paul Danelli | Software Engineer | Team |
Daniel López Rovira | Senior Engineering Manager | Team |
Erim Icel | Senior Software Engineer | Team |
Arron Kukadia | Senior Software Engineer | Team |
Kevin Hu | Senior Software Engineer | Team |
43 more people are available in the full profile.
Complete people profiles for Olio
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Olio
3 dated milestones of Olio across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Olio is founded.
- Funding First funding round of $2.2M.
- Funding Latest funding round, Series B, of $43.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| metycle.com | 2022 | Cologne, Germany | $21.4M | – | International scrap metal trading is enabled via an online platform. | |
| cietrade.com | 1999 | Norwalk, United States | – | 20 | Software for recycling, trading, commodity management, and inventory control operations. | |
| safi.co | 2021 | London, United Kingdom | $19.5M | – | AI solutions are provided for trading recyclables with quality control. | |
| metaloop.com | 2022 | Graz, Austria | $17.1M | – | B2B online scrap metal marketplace | |
| asier.in | 2019 | India | – | – | Global commodity trading house dealing in metals, scrap, alloys, and hedging services. | |
| circlr.nz | 2022 | Northland, New Zealand | – | – | Waste is measured, tracked, and traded by businesses via software. | |
| xworkstech.com | 2020 | London, United Kingdom | $20,000 | 1 | Online platform for trading commercial waste | |
| metalvyapar.com | 2023 | Gurugram, India | – | – | An e-commerce platform for metal scrap trading. | |
| wastepe.com | 2022 | Gurugram, India | – | – | Mobile app platform for selling waste categories like plastics and metals online. |
Detailed competitors of Olio
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Olio
The website of Olio (olioapp.com) receives about 213.5K visits a month and ranks #241,750 among all websites worldwide, #3,464 in Human Resources.
- Monthly visits213.5K
▲ 1.2% vs previous month
- Unique visitors112K
per month
- Global rank#241,750
among all websites
- Category rank#3,464
Jobs and Career · Human Resources
- Bounce rate58%
- Pages per visit1.6
- Average visit44 sec
- DevicesDesktop 15% · Mobile 85%
Latest news on Olio
Complete news archive for Olio
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Olio
10 companies that operate in the same segment as Olio (Waste & Water Management Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wastewater and energy management services are provided internationally. | 1853 | Aubervilliers, Seine-saint-denis, France | – | USD 52.17 B | 215,040 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | – | USD 16.59 B | 42,000 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | – | |
Sensor-based sorting and recycling solutions are provided for multiple industries. | 1972 | Asker, Viken, Norway | – | USD 1.53 B | 4,950 | |
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | – | 102 | |
Water and waste treatment services are provided worldwide. | 1966 | London, England, United Kingdom | – | USD 4.18 B | 9,750 | |
Diversified multi-utility and waste management services are delivered by Hera. | 2002 | Bologna, Emilia-romagna, Italy | – | USD 15.05 B | – |
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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. The company's 1st funding round was a Seed of $2.2M, raised on Jan 2017.
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 offers Olio App.
Olio has 16 investors. Key investors include Accel, Chivas, VNV Global, Octopus Ventures, and Delivery Hero Ventures.
Olio operates through Olio Exchange Limited.
Yes. Olio publishes Olio — Share More, Waste Less and 1 more app, with over 5 million downloads.
The website of Olio receives about 214 thousand visits a month and ranks #241,750 among all websites worldwide.