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Oolu
AddedMar 22, 2024
UpdatedJul 3, 2026
Oolu

Oolu

Acquired

Oolu: West Africa's leading off-grid solar provider, offering affordable, trusted energy solutions.

HQ
Dakar, Dakar, SN
Founded
2015
Accelerator
Y Combinator logoY CombinatorS15
Overview
Compare
Fundraising
Employees

Oolu, founded by Nilmi Senaratna and Dan Rosa in 2015, is a rapidly growing off-grid solar company in West Africa. The company's mission is to provide high-quality, affordable solar energy solutions to off-grid households in rural African regions. Oolu's vision is to ensure that citizens in West and Central Africa have access to clean and affordable energy to support their aspirations. The company offers high-quality solar products with affordable financing plans, developed in collaboration with local communities.

Notable affiliated individuals include the founders Nilmi Senaratna and Dan Rosa. Oolu has achieved significant milestones, becoming one of the fastest-growing off-grid solar firms in the region. The company's impact includes improving the quality of life for its customers, fostering community development, and contributing to environmental sustainability by providing clean energy solutions.

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Oolu - Quick Facts

Who are Oolu's competitors?

Companies similar to Oolu include Energicity, Solara Energy, OffGridBox and Nafasi Systems.

When was Oolu founded?

Oolu was founded in 2015.

Where is Oolu's headquarters located?

Oolu's headquarters is located in Dakar, Dakar, SN.

When was Oolu's last funding round?

Oolu's most recent funding round was for $300k (USD) in September 2022.

How much has Oolu raised to-date?

As of Sep 1, 2022, Oolu has raised a total of $14.6M (USD).

Oolu - Classification

Ownership
  • Venture Capital
Technology
  • Cleantech
Revenue
  • Recurring
  • Transactional
Main Product
  • Energy Solutions
  • Solar Energy
Tags
  • SaaS
  • West Africa
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
  • 221110Electric Power Generation
  • 221114Solar Electric Power Generation
SIC
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
Show 4 more industry codes
NAICS
  • 221115Wind Electric Power Generation
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services