For homeowners, Otovo is the easiest way to get solar panels or a battery. Otovo is a marketplace that organizes hundreds of local, high-quality, and qualified energy installers. The company uses its proprietary technology to analyze the potential of any home and finds the best price and installer for customers based on an automatic bidding process between available installers.

Otovo is on the path to becoming #1 in European residential solar, now present in Italy, Poland, Spain, France, Sweden and Norway. The company is expected to grow revenue by 100% in 2021, to EUR 29m.

The company expects to launch in Germany in Q4 2021, and 2 more countries by 2023. The ultimate vision is to bring clean and local energy to every home in Europe.