Onto

Birmingham, United Kingdom Founded: 2017 • Age: 9 yrs
Electric car subscriptions are offered via an app-based platform.
Annual revenue $17.4M Latest available
Total funding $240.9M 8 rounds
Employees 77 Tracked headcount
Investors 11 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Onto

Onto is a company based in Birmingham (United Kingdom) founded in 2017. Onto has raised $240.91 million across 8 funding rounds from investors including TotalEnergies, Legal & General and Cerebrum Technologies. The company has 77 employees as of December 31, 2021. Onto operates in a competitive market with competitors including Drover, Wagonex, WeVee, zeVie and elmo, among others.

  • Headquarter Birmingham, United Kingdom
  • Employees 77 as on 31 Dec, 2021
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Travel & Hospitality
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Onto Holdings Limited
  • Date of Incorporation 15 Nov, 2016
  • Jurisdiction BIRMINGHAM
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $17.4 M (USD)
    958
    as on Dec 31, 2021
  • Net Profit
    -$21.7 M (USD)
    -367
    as on Dec 31, 2021
  • EBITDA
    -$22.89 M (USD)
    -393
    as on Dec 31, 2021
  • Total Equity Funding
    $240.91 M (USD)

    in 8 rounds

  • Latest Funding Round
    $122.89 M (USD), Debt – Conventional

    Jan 25, 2023

  • Investors
    TotalEnergies

    & 10 more

  • Employee Count
    77

    as on Dec 31, 2021

Upgrade to premium

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.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • 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

Funding Insights of Onto

Onto has successfully raised a total of $240.91M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $122.89 million completed in January 2023. 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 Onto

Onto has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include TotalEnergies, Legal & General and Cerebrum Technologies.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment strategies are provided across diverse asset classes and markets.
Locked Locked Locked
Private equity firm focused on multiple sectors
Locked Locked Locked
Early & mid-stage life sciences and tech focused VC firm investing primarily in Sweden
Locked Locked Locked
Premium access

Investor details for Onto

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 Onto

Investments
Premium access

Investment portfolio details for Onto

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

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

Verified entity values are shown only after access is granted.

Financial Statements - Onto

Premium access

Detailed financials for Onto

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

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

Verified entity values are shown only after access is granted.

Onto Comparisons

Onto Primary company
Description
Electric car subscriptions are offered via an app-based plat...
Location
Birmingham, United Kingdom
Founded Year
2017
Annual Revenue
$17.4 M (USD)
Net Profit
-$21.7 M (USD)
EBITDA
-$22.89 M (USD)
Employees
77
As of 2021
Premium access

Peer comparison for Onto

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

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

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of Onto

Onto 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 Drover, Wagonex, WeVee, zeVie and elmo, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Car subscription services are provided via an online platform.
Locked Locked Locked
Cars are offered via an online subscription platform.
Locked Locked Locked
Electric car-leasing services are offered via an online platform.
Locked Locked Locked
Online platform offering electric car leasing services
Locked Locked Locked
Electric vehicle subscriptions are offered with customizable plans.
Premium access

Detailed competitors of Onto

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

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Onto

Premium access

Complete news archive for Onto

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.

Frequently Asked Questions about Onto

Onto was founded in 2017.

Onto is headquartered in Birmingham, United Kingdom. It is registered at Birmingham, England, United Kingdom.

Onto is a funded company, having raised a total of $240.91M across 8 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Onto is 77.

Annual revenue of Onto is $17.4M as on Dec 31, 2021.

Onto was founded in 2017 in Birmingham, United Kingdom, and operates in the electric vehicle mobility sector. Subscriptions for electric cars are facilitated through a mobile app available on Android and iOS devices. Users are required to submit personal details, payment information, location, and license data to access rental services on a subscription basis. The platform manages the entire process digitally.

Onto's top competitors include Drover, Wagonex and zeVie.

The valuation of Onto is $24.31M as of Nov 2019.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available