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Olio

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Free app that's connecting neighbors to surplus food and other goods that can be shared instead of thrown away

London, United KingdomFounded 2016Energy
Valuation $250–500M Last recorded · 2021
Revenue $1–10M Latest reported FY
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Olio and the history behind them.

About Olio

Olioex.com is a unique startup operating in the sharing economy sector. The company's primary service is to facilitate the sharing and reusing of items among local communities, thereby reducing waste and promoting sustainability. The platform is designed to be user-friendly, allowing individuals to upload photos of items they no longer need, set a pick-up location, and arrange for the items to be collected by someone who can make use of them.

Olio's target market is broad, encompassing anyone interested in reducing waste, saving money, and fostering a sense of community. This includes individuals, families, and even businesses looking to dispose of surplus goods in a responsible manner.

The business model of Olio is based on the principle of a sharing economy, which emphasizes access over ownership. While the platform is free to use for both donors and receivers, the company generates revenue through partnerships with businesses looking to reduce their waste. These businesses pay Olio to help them distribute their surplus goods to the local community, thereby avoiding the cost and environmental impact of disposal.

In essence, Olio is a platform that connects people who have items they don't need with those who can use them. It's a win-win situation for all parties involved: donors declutter their homes, receivers save money, businesses reduce waste, and the planet benefits from less waste going to landfill.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
London, United Kingdom
Employees
143
Open positions
None listed
Dealroom signal
68.1/100
Sub-industry
Waste Solution, Food Logistics & Delivery
Sector
Energy, Waste Reduction, Food Waste, Sustainable Development Goals, Climate Tech, Circular Economy, B Corp, Hard Tech, Woman Founder
Technology
Mobile app
Business model
Marketplace & ecommerce, SaaS
Client focus
b2c

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SUPPORT PROGRAMOther financing Mar 2022 $0 — Tech Nation —
SERIES BOther financing Sep 2021 $43M $172M Accel · Rubio Impact Ventures · Flight Ventures · Octopus Ventures —
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024 —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Olio website traffic

Latest recorded traffic for Olio is 210K monthly website visits, up 23.5% over the last three months. Olio's team declined 5.9% over the past year.

Latest monthly visits210K 3-month web change+23.5% 1-year team growth-5.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

16 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

  • Simpleweb
  • Accel
  • Quentin Griffiths
  • Quadia
  • Mustard Seed + Partners
  • UK Research and Innovation

Series A9 investors entered at this stage

  • Octopus Ventures
  • Silvergate Investments 2
  • VNV Global
  • Rubio Impact Ventures
  • Flight Ventures
  • Lord Waheed Alli
  • Lugard Road Capital
  • Jason Stockwood
  • Alumni Ventures

Other known investors1 additional known investor

  • Tech Nation
Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇬🇧 United Kingdom95.2%
🇿🇦 South Africa0.9%
🏳️ Jersey0.9%
🇮🇩 Indonesia0.9%
🇫🇷 France0.9%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Olio on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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