O
Olio
Energy · London, United Kingdom · Founded 2016
Free app that's connecting neighbors to surplus food and other goods that can be shared instead of thrown away MoreLess
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.
Keywords: Sharing Economy, Sustainability, Waste Reduction, Community Building, User-Friendly Platform, Cost Saving, Environmental Impact, Business Partnerships, Surplus Goods Distribution, Local Sharing.
Company overview
Olio company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2016
- Headquarters
- London, United Kingdom
- Employees
- 143
- Open positions
- None listed
- Dealroom signal
- 68.1
Valuation & funding
Olio funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SUPPORT PROGRAMOther financing | Mar 2022 | $0 | — | Tech Nation | — |
| SERIES BOther financing | Sep 2021 | $43M | $172M | Accel · Rubio Impact Ventures · Flight Ventures · Octopus Ventures | — |
| GRANTOther financing | Oct 2020 | $0 | — | Undisclosed | — |
| GRANTOther financing | Jan 2020 | $0 | — | UK Research and Innovation | — |
| SUPPORT PROGRAMOther financing | Jan 2019 | $0 | — | Tech Nation | — |
| SERIES AOther financing | May 2018 | Octopus Ventures · Silvergate Investments 2 · Quentin Griffiths · Quadia | ↗ | ||
| SEEDOther financing | Jan 2017 | Quentin Griffiths · Quadia · Mustard Seed + Partners · Accel | — | ||
| SEEDOther financing | Oct 2015 | Simpleweb · Accel · Quentin Griffiths · Quadia | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $7.5M | 0% | 143 |
| 2025 | $7.5M | +99% | 152 |
| 2024 | $3.8M | — | 149 |
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.
Comparisons
Olio compared with similar companies
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Talent graph
Olio's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Olio has talent and traffic
team presence
In the news
Latest news about Olio
Recent press, funding announcements, and product moves mentioning Olio — open to read from the original sources.
Market sentiment
What the market is saying about Olio
An AI-synthesized read of the highest-engagement posts about Olio on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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