Oveo
Copenhagen, Denmark
2023 Revenue
$2.3M(Est.)
Funding
$1.6M
Team
27
Founded
2019
Oveo Revenue & Funding (2023)
Oveo creates is a cloud-based software company.
Last updated
Oveo Revenue
In 2023, Oveo's revenue reached $2.3M. The company previously reported $1.4M in 2021. Since its launch in 2019, Oveo has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Oveo Hit $2.3m revenue in October 2023 | Estimated |
| 2021 | Oveo Hit $1.4m revenue in January 2021 | |
| 2019 | Launched with $0 revenue |
Oveo Valuation, Funding Rounds
Oveo has not publicly disclosed its valuation. The company has raised $1.6M in total funding to date.
Oveo has raised $1.6M in total funding across 2 rounds, with its most recent round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Funding round | $1.2M | - | - | |
| 2020 | Funding round | $373.8K | - | - |
Founder / CEO
Michael Fornander
CEO
Michael is the CEO & Co-founder of Oveo.io, a cloud-based software platform that help modern IT leaders gain full visibility into software spend and usage, so they can unleash the power of SaaS! After selling his previous B2B SaaS company to Sitecore, which was a company he ran for 10 years and grew to a team 70 people with enterprise customers in both Europe and North America, he decided to start all over and do it once more.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Oveo yet.
Oveo Employees & Team Size
Oveo employs approximately 27 people as of 2026, up from 21 in 2022.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 27 employees (October 2023) | |
| 2022 | Reached 21 employees (October 2022) | |
| 2021 | Reached 19 employees (December 2021) | |
| 2021 | Reached 15 employees (January 2021) |
Frequently Asked Questions about Oveo
What is Oveo's revenue?
Oveo generates an estimated $2.3M in annual revenue.
Who founded Oveo?
Oveo was founded by Michael Fornander.
Who is the CEO of Oveo?
The CEO of Oveo is Michael Fornander.
How much funding does Oveo have?
Oveo raised $1.6M across 2 rounds.
How many employees does Oveo have?
Oveo has 27 employees.
Where is Oveo headquarters?
Oveo is headquartered in Copenhagen, Denmark.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Discovered Labs
Discovered Labs is an AI-native agency specializing in Answer Engine Optimization (AEO) and Search...
Increase Technologies, Inc
Enterprise-grade banking APIs
CorrosionRADAR
Developer of remote sensing technologies designed to reduce maintenance costs without compromising...
720 Degrees
Provider of a cloud based analytics platform designed to offer indoor environmental quality...
Nova Leah
Developer of a medical device security software designed to provide cyber security solutions across...
beWanted
Operator of an employment platform designed to complete the training of Spanish university students...
