# Otovo USA

**Source:** https://www.startuphub.ai/startups/otovo-usa
**Profile type:** Startup

> Otovo USA is a solar energy marketplace connecting homeowners with local installers.

## About

Otovo USA operates as a digital marketplace for residential solar energy solutions. It aims to simplify the process of going solar by connecting homeowners with a network of vetted local installers and providing transparent pricing and financing options. The platform leverages technology to streamline the entire customer journey, from initial consultation to installation and ongoing monitoring.

## Key facts

- **Slug:** otovo-usa
- **Website:** https://www.otovo.com/
- **Location:** Oslo, Norway
- **Founded:** 2016-01-01
- **Employees:** 255
- **Operating status:** Active
- **Total funding:** $21M
- **Sectors / tags:** Climate Tech, Solar Energy, Energy Storage, Home Services, Marketplace
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/otovo
  - Twitter: https://x.com/Otovo_US
  - Facebook: https://www.facebook.com/profile.php

## Frequently asked

### What does Otovo USA do?

Otovo USA operates as a digital marketplace for residential solar energy solutions. It aims to simplify the process of going solar by connecting homeowners with a network of vetted local installers and providing transparent pricing and financing options. The platform leverages technology to streamline the entire customer journey, from initial consultation to installation and ongoing monitoring.

### What is Otovo USA's revenue?

StartupHub estimates Otovo USA's annual revenue at $14.5M (range $9.3M to $46.7M, 62% confidence), based on comparable companies in the sector.

### What is Otovo USA's valuation?

StartupHub estimates Otovo USA's effective valuation at $79.1M (range $51.5M to $123.6M, 21% confidence), based on comparable companies in the sector.

### How much funding has Otovo USA raised?

Otovo USA has raised a total of $21M in funding. The most recent round on record is Private Placement.

### Where is Otovo USA headquartered?

Otovo USA is headquartered in Oslo, Norway.

### When was Otovo USA founded?

Otovo USA was founded in 2016.

### What industry does Otovo USA operate in?

Otovo USA operates in Climate Tech, Solar Energy, Energy Storage, Home Services, Marketplace.

### How many employees does Otovo USA have?

Otovo USA has approximately 255 people on record.

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