Onto: Funding, Investors & Team (Sep 2026)
The biggest electric car subscription service in Europe is called Onto. With over 6,000 vehicles (the largest UK electric car fleet!) and a growth of 300% in 2022, Every day, Onto assists people in switching to electric vehicles. Customers of Onto receive the newest electric vehicles with insurance, servicing, breakdown coverage, and free public charging at more than 11,000 places throughout the UK for a set monthly charge. There is no deposit required, and because it's a monthly membership, you're never locked into a lengthy agreement. Additionally, you always have the option to choose a different vehicle. Driving is hassle-free and emission-free. How does it function? Simple It is an entirely online service. Join our programme, and we'll have your car at your door in just 72 hours.
Onto has raised $358M across 3 funding rounds on record, the most recent an undisclosed round of $123M announced in Jan 2023.
That round is above the $42M median round size for Motor Vehicle Manufacturing companies tracked on FundedIQ over the last two years.
Onto Company Profile and Key Stats
Latest funding round on record: Jan 2023.
Onto Funding Rounds
Onto raised $175M in a Series B announced in Jul 2021.
1 years later, a Series C of $60.0M was announced in Jul 2022.
6 months later, an undisclosed round of $123M was announced in Jan 2023.
Onto Founders and Leadership Team
Contact details for the Onto team: 2 of 2 have an email address on file.
Start 14-day free trial →Onto Funding Compared to Other Motor Vehicle Manufacturing Startups
Onto's latest round of $123M is above the median round in Motor Vehicle Manufacturing. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Onto in Motor Vehicle Manufacturing and Warwick
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Onto Funding FAQs
What does Onto do?
The biggest electric car subscription service in Europe is called Onto. With over 6,000 vehicles (the largest UK electric car fleet!) and a growth of 300% in 2022, Every day, Onto assists people in switching to electric vehicles. Customers of Onto receive the newest electric vehicles with insurance, servicing, breakdown coverage, and free public charging at more than 11,000 places throughout the UK for a set monthly charge. There is no deposit required, and because it's a monthly membership, you're never locked into a lengthy agreement. Additionally, you always have the option to choose a different vehicle. Driving is hassle-free and emission-free. How does it function? Simple It is an entirely online service. Join our programme, and we'll have your car at your door in just 72 hours.
How much funding has Onto raised?
Onto has raised $358M across 3 rounds on record. The most recent is an undisclosed round of $123M announced in Jan 2023.
When did Onto last raise funding?
Onto's most recent funding round on record is an undisclosed round of $123M, announced in Jan 2023.
Who founded Onto?
FundedIQ lists Dannan O'meachair (Founder) at Onto.
Who is the CEO of Onto?
Rob Jolly is listed as CEO at Onto.
Where is Onto headquartered?
Onto is based in Warwick, Warwickshire, United Kingdom.
How many employees does Onto have?
Onto is in the 101-250 employee band.
How does Onto's funding compare to other Motor Vehicle Manufacturing startups?
Onto's latest round of $123M is above the $42M median round size for Motor Vehicle Manufacturing companies on FundedIQ across 10 tracked companies over the last two years.
About FundedIQ's Onto Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Onto is left off this page rather than filled in.
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