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
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Sectors
Transportation, Automotive & LogisticsTravel & Hospitality
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Email
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Phone
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Website
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Social
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- Legal Name Onto Holdings Limited
- Date of Incorporation 15 Nov, 2016
- Jurisdiction BIRMINGHAM
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Annual Revenue
$17.4 M (USD)958as on Dec 31, 2021
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Net Profit
-$21.7 M (USD)-367as on Dec 31, 2021
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EBITDA
-$22.89 M (USD)-393as on Dec 31, 2021
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Total Equity Funding
$240.91 M (USD)
in 8 rounds
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Latest Funding Round
$122.89 M (USD), Debt – Conventional
Jan 25, 2023
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Investors
TotalEnergies
& 10 more
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Employee Count
77
as on Dec 31, 2021
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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.
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Investment strategies are provided across diverse asset classes and markets.
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Private equity firm focused on multiple sectors
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Early & mid-stage life sciences and tech focused VC firm investing primarily in Sweden
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Investor details for Onto
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Investments & Acquisitions by Onto
Investment portfolio details for Onto
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Financial Statements - Onto
Detailed financials for Onto
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Onto Comparisons
Peer comparison for Onto
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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.
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Car subscription services are provided via an online platform.
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Cars are offered via an online subscription platform.
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Electric car-leasing services are offered via an online platform.
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Online platform offering electric car leasing services
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Electric vehicle subscriptions are offered with customizable plans.
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Detailed competitors of Onto
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Latest news on Onto
Complete news archive for Onto
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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 has 11 investors. Key investors include TotalEnergies, Legal & General, Cerebrum Technologies, Caisse de depot et placement du Quebec, and Pollen Street.
The valuation of Onto is $24.31M as of Nov 2019.