Oveo
Copenhagen, Denmark
2023 Revenue
$2.3M(Est.)
Funding
$1.6M
Team
27
Founded
2019
Oveo Revenue & Funding (2023)
Oveo generated an estimated $2.3M in annual revenue in 2023. Source: GetLatka estimate
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.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Oveo Hit $2.3m revenue in October 2023 | Estimated |
| 2021 | Oveo Hit $1.4m revenue in January 2021 | Not recorded |
| 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 | - | - | Not recorded |
| 2020 | Funding round | $373.8K | - | - | Not recorded |
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.
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) | Not recorded |
| 2022 | Reached 21 employees (October 2022) | Not recorded |
| 2021 | Reached 19 employees (December 2021) | Not recorded |
| 2021 | Reached 15 employees (January 2021) | Not recorded |
Frequently Asked Questions about Oveo
Is Oveo still operating under that name?
No. Oveo was rebranded.
What is Oveo's revenue?
As of 2023, Oveo generated an estimated $2.3M in annual revenue.
Who founded Oveo?
Oveo was founded by Michael Fornander.
How much funding does Oveo have?
Oveo raised $1.6M across 2 rounds.
How many employees does Oveo have?
As of 2023, Oveo had 27 employees.
Where is Oveo headquartered?
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.
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