Products

Signal Tracker Data Platform Data Enrichment API Intelligence desk

Solutions

Inward Investment & Aftercare Deal Origination Executive Search Corporate Development Signal-Based Outbound Competitive Intelligence Funding Signals Competitor Monitoring For Sales Teams For Founders For Agencies For Investors

Explore

Companies Live Signals Markets Trends

Resources

Signal Checker Blog Integrations FAQ Contact Pricing
Login Book a demo
Oolu logo — Oolu is one of the fastest growing off grid energy companies...

Oolu

Oolu is one of the fastest growing off grid energy companies in West Africa

Founded 2015 Senegal Senegal 168 employees Debt Financing Total: $14.50M Energy, Financial Services +1

General Information

Company Name Oolu
Founded Year 2015
Location Senegal Senegal +1
Employees 168
Industries Energy, Financial Services, Renewable Energy
Funding Stage Debt Financing
Social

Get notified when Oolu moves

Funding, new markets, leadership changes, hiring surges — one e-mail, only when something happens.

Free · no account needed

About Oolu

Oolu is a rapidly growing off-grid energy company in West Africa, with a mission to provide high-quality, affordable solar products to off-grid households. Established in 2015 by Nilmi Senaratna and Dan Rosa, and incubated in Y Combinator, Oolu offers pay-as-you-go solar kits that power various in-home devices. Its services include maintenance, free battery replacements, and system upgrades, all for a low monthly fee paid through mobile money. The company targets the 150 million people living off-grid in West Africa, striving to provide sustainable energy and financial services. Leveraging business solutions, Oolu offers high-quality products, local-language customer service, and market-adapted finance plans to rural communities. The recent $300.00K Debt Financing investment on 01 September 2022 by Energise Africa underscores its growth trajectory. Oolu's focus on energy access and financial inclusion aligns with the region's needs, positioning it for regional expansion and product innovation. More information on Oolu can be found on its website, oolusolar.com, as well as on its social media platforms including Facebook, Twitter, and LinkedIn. With its commitment to creating opportunities for off-grid communities, Oolu proves to be an impactful player in the Energy, Financial Services, and Renewable Energy industries, while being headquartered in Senegal.

Taxonomy: Off-grid energy, Pay-as-you-go solar, Renewable energy, Energy access, Financial inclusion, Sustainable development, Rural electrification, Off-grid communities, Y Combinator alumni, West Africa, Solar energy, Mobile money, Energy poverty, Market-adapted finance, Innovation

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 1
Investor
01 Sep 2022
Debt Financing •••••• 1 •••• •••• 12 Apr 2022
Series B •••••• 4
Investor Investor
•••• •••• 		15 Dec 2020
Series B •••••• 1
Investor
09 Jul 2018
Series A •••••• 2
Investor
•••• •••• 		09 Oct 2017

View All 6 Funding Rounds

Oolu Alternatives & Competitors

Oolu vs
Omnivoltaic Energy Solutions - OVES
Omnivoltaic Energy Solutions - OVES Hong Kong S.a.r.

Empowering communities to thrive as we #ElectrifyTheWorld with clean, sustainable energy solutions.

29 employees
Energy, Renewable Energy
Compare Oolu vs Omnivoltaic Energy Solutions - OVES
Oolu vs
Clear Blue Technologies International Inc.
Clear Blue Technologies International Inc. Canada

Delivering clean, managed, wireless power – anywhere and anytime.

Post Ipo Equity
45 employees
Computing, Energy
Compare Oolu vs Clear Blue Technologies International Inc.
Oolu vs
GOGLA
GOGLA The Netherlands

GOGLA: the voice of the off-grid solar energy industry.

69 employees
Energy
Compare Oolu vs GOGLA

FAQ About Oolu

Oolu is one of the fastest growing off grid energy companies in West Africa
Oolu was founded in 2015.
Oolu is headquartered in Senegal.
Oolu operates in the following industries: Energy, Financial Services, Renewable Energy.
Oolu has approximately 168 employees.
Oolu has completed 6 funding rounds, raising a total of $14.50M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Oolu include Omnivoltaic Energy Solutions - OVES, Clear Blue Technologies International Inc., GOGLA, Autarsys GmbH, Green Scene Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Oolu and Omnivoltaic Energy Solutions - OVES are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Don't just browse. Track.

Signal Tracker monitors Oolu and millions of companies for funding rounds, hiring surges, product changes, and 40+ signal types — so you never miss an opportunity.

See how it works

One analytics cookie (Google Analytics). Cookie Policy