Oveo
2023 Revenue
$2.3M
Funding
$1.6M
Team
27
Founded
2019
How Oveo CEO Michael Fornander grew Oveo to $2.3M revenue with a 27 person team in 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 |
|---|---|
| 2023 | Oveo Hit $2.3m revenue in October 2023 |
| 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 |
|---|---|---|---|---|
| 2021 | Funding round | $1.2M | - | - |
| 2020 | Funding round | $373.8K | - | - |
Oveo Employees & Team Size
Oveo employs approximately 27 people as of 2026, up from 21 in 2022.
Oveo has 27 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2023 | Reached 27 employees (October 2023) |
| 2022 | Reached 21 employees (October 2022) |
| 2021 | Reached 19 employees (December 2021) |
| 2021 | Reached 15 employees (January 2021) |
Founder / CEO
Michael Fornander
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.
Frequently Asked Questions about Oveo
What is Oveo's revenue?
Oveo generates $2.3M in 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.
How many employees does Oveo have?
Oveo has 27 employees.
Where is Oveo headquarters?
Oveo is headquartered in Copenhagen, Denmark.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .