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Olive Communications

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A Managed service provider

High Wycombe, United KingdomFounded 2002Other B2B Software
Valuation $50–100M Last recorded · 2016
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Olive Communications and the history behind them.

About Olive Communications

Established in 2003, Olive Communications carved a significant niche in the UK's business-to-business telecommunications market before its strategic acquisition by Onecom in February 2021. This merger created the UK's largest B2B specialist in mobile, fixed-line, and cloud communications, serving over 500,000 end users with a combined turnover exceeding £140 million. Under the leadership of CEO Martin Flick, who joined Olive in 2013 and subsequently became CEO of the merged Onecom Group, the company underwent a pivotal transformation. Flick, a seasoned entrepreneur who previously founded and sold Axxent Voice & Data, steered Olive from a "mobile only" provider to a comprehensive cloud communications powerhouse, a shift that began in earnest in 2014. This strategic pivot was bolstered by a £10 million investment from BGF in 2016, which fueled growth to over £31 million in annual revenue before the Onecom deal.

Olive Communications serves a diverse clientele, ranging from growing businesses to large enterprises across various sectors, including finance, retail, and non-profit. The company's business model is centered on simplifying complex technology landscapes for its clients. It provides managed services that unify cloud, data, and mobility, aiming to optimize costs and enhance customer service capabilities. Revenue is generated by delivering these integrated communication solutions, supported by key partnerships with industry giants like Vodafone, Mitel, Google Cloud, and Microsoft. This collaborative approach was highlighted by Olive being named Vodafone's Innovation Partner of the Year in 2020.

The core service offering is a scalable and agile cloud communications platform that seamlessly bridges different technological services to create a unified experience. A notable addition to its portfolio was the 2014 acquisition of Safetybank, a SaaS-based health and safety management platform. Safetybank provides organizations with a digital tool to implement, monitor, and report on health and safety protocols, risk management, and compliance, further broadening Olive's scope from pure communications to business-critical applications for companies with field-based workers.

Source: Dealroom company data

At a glance

Founded
2002
Headquarters
High Wycombe, United Kingdom
Sector
Other B2B Software
Power Law
Colt$25–100M revenue

Investors

3 investors on the cap table

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

Series A1 investor entered at this stage

  • Business Growth Fund

Series B and later2 investors entered at this stage

  • Business Growth Fund
  • Barclays
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
1 countries with
team presence
🇬🇧 United Kingdom100%
1 country shown
Web traffic by country
390 monthly visits
across markets
🇬🇧 United Kingdom102.6%
Top 1 markets shown

Market sentiment

Posts on X, past 7 days

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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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