Onto

About

Onto is an electric vehicle subscription startup that provides an all-inclusive, hassle-free solution for driving an electric car.

Warwick,Warwickshire,United Kingdom
101 - 250
http://on.to

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: $60M
Industries: Automotive,Electric Vehicle,GreenTech,Subscription Service,Transportation
Founded date: Jun 1, 2017
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Onto Holdings Limited

Onto is an electric vehicle subscription startup that provides an all-inclusive, hassle-free solution for driving an electric car.

The company was founded in 2017 by co-founders Rob Jolly and Dannan O’Meachair in Warwick, United Kingdom.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

7

$235M £7.85M

Onto has raised a total of $235M £7.85M in funding over 2 rounds. Their latest funding was raised on Jul 26, 2022 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 26, 2022	Series C	$60M	5	Legal & General	—	Detail
Jul 27, 2021	Series B	$175M	7	Alfvén & Didrikson	—	Detail
Jul 27, 2021	Debt Financing	—	1	Pollen Street Capital	—	Detail
Nov 1, 2019	Series A	£5.50M	—	—	—	Detail
Nov 28, 2018	Pre-seed	£2.10M	—	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

11

Onto is funded by 11 investors. Legal & General and Pollen Street Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Legal & General	Yes	Series C
Pollen Street Capital	Yes	Debt Financing
ADV	—	Series C
Alfvén & Didrikson	—	Series C
Campden Hill Advisers	—	Series C
Jim O’Neill	—	Series C
Achmea Innovation Fund	—	Series B
JamJar Investments	—	Series B
TotalEnergies Ventures	—	Series B
Vlerick Group	—	Series B