Onto is an innovative technology-driven enterprise that provides easy access to electric vehicles through their all-inclusive subscription service.

Onto provides an accessible, easy, and affordable way for motorists to join the EV revolution, without a long-term commitment.

Onto was co-founded in 2017 by Rob Jolly and Dannan O’Meachair. The company is headquartered in Warwick, England, UK.

 

Onto’s monthly subscription model is all-inclusive of insurance, breakdown cover and free public charging. It empowers subscribers with flexibility – no deposit, no long-term commitment and the option to swap cars or stop the subscription every month.

 

Onto's subscription service covers insurance, servicing, and public charging at over 11,000 UK charging points. The company offers a wide range of different electric cars to choose from, including models from Renault, Peugeot, Volkswagen, Audi and Tesla, and many more.

 

Onto has become the largest electric car fleet in the UK and is Europe’s leading electric car subscription service. Currently, the platform gives people access to over 25 different car models and there are 7000 Onto cars being driven in the UK.

 

Onto is backed by CDPQ, Pollen Street Capital, TotalEnergies Ventures, Alfvén & Didrikson, Legal & General, Campden Hill Capital, Accelerated Digital Ventures, JamJar, Vlerick Group, Cerebrum Tech Limited, and others. The company raised £100M (approx. $123M) in a credit facility on Jan 25, 2023. This brings Onto's total funding to $453M to date.

 

 

  • Year founded: 2017
  • Funding Info: $453M over 7 Rounds (Latest Funding Type: Debt)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: London
  • State: London
  • Country: United Kingdom
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