Predict your next investment

OVO Energy company logo
Corporation
ENERGY & UTILITIES | Electric
ovoenergy.com

See what CB Insights has to offer

Founded Year

2009

Stage

Corporate Minority | Alive

Total Raised

$256M

Valuation

$0000 

Last Raised

$256M | 3 yrs ago

About OVO Energy

OVO Energy is an independent supplier of domestic energy in the UK.

OVO Energy Headquarter Location

1 Rivergate Temple Quay

Bristol, England, BS1 6ED,

United Kingdom

Latest OVO Energy News

Factbox-British energy suppliers dwindle as gas prices soar

Oct 14, 2021

10/14/2021 | 03:01am EDT Message : *Required fields (Reuters) -British energy suppliers are grappling with soaring wholesale gas prices that have led to the collapse of a number of energy companies, forcing nearly 2 million customers so far to switch providers. Prices of wholesale gas have multiplied in recent months as economies reopen after lockdowns and rising demand for liquefied natural gas in Asia pushed down supplies to Europe. Smaller energy suppliers, which have less capital available to hedge customer needs, have stopped trading in recent weeks. Britain's bigger energy firms are mopping up their customers and have asked the government for support to help bear the costs. Before the current crisis, there were more than 50 small- and mid-sized independent energy suppliers in Britain with around a 30% share of the market. The rest of the market is controlled by five large suppliers: OVO Energy and SSE brands, owned by OVO Energy, EDF Energy, Centrica's British Gas, several E.ON brands and Iberdrola's Scottish Power. Here's a look at some of the companies that have fallen prey to the surging costs and the firms that have taken on the customers of the failed ones. Collapsed supplier No. of customers New supplier PfP Energy 82,000 domestic British Gas customers and 5,600

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing OVO Energy

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned OVO Energy in 2 CB Insights research briefs, most recently on Sep 30, 2021.

Expert Collections containing OVO Energy

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

OVO Energy is included in 1 Expert Collection, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

865 items

OVO Energy Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

OVO Energy Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.