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Oolu

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Oolu was founded in 2015 by Nilmi Senaratna and Dan Rosa, and incubated in Y Combinator. The company’s mission is to provide off-grid households with high quality products at an affordable price. For a low monthly fee, paid through mobile money, Oolu installs a pay-as-you-go solar kit that can power various in-home devices such as lights, phone chargers, radios, fans and televisions, and performs any necessary maintenance, including free battery replacements and system upgrades. The offer appeals to off-grid clients who often struggle with unreliable and dangerous lighting sources, such as flashlights, candles and kerosene, and are forced to walk long distances to charge their phones.

Headquarters

Senegal,Dakar

Founded in

2015

Company Size

201–500 Employees

Sectors

Energy & Resources

Countries of operations

flag of uganda
Senegal

Team

Nilmi Senaratna

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FUNDING ROUNDS

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Oolu Energy & Resources
Amount $2,500,000
Date Apr 18, 2022
Funding Round
Unspecified
investors
Beyond the Grid Fund for Africa
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Oolu Energy & Resources
Amount $8,500,000
Date Dec 15, 2020
Funding Round
Series B
investors
RP Global, Persistent Energy Capital, All On Energy, Gaia Impact Fund, Dream Project Incubators
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Oolu Energy & Resources
Amount Undisclosed
Date Jul 9, 2018
Funding Round
Series B
investors
GAIA Impact Fund
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Oolu Energy & Resources
Amount $3,200,000
Date Oct 9, 2017
Funding Round
Series A
investors
Y Combinator, Persistent Energy Capital
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Oolu Energy & Resources
Amount $1,000,000
Date Aug 18, 2015
Funding Round
Seed
investors
Y Combinator, Investo

RECENT ARTICLES ABOUT Oolu

Digest Africa

CONTACT

info@digestafrica.com

Digest Africa Technologies Ltd
Ntinda Complex,
Block B, Level 3 Ntinda,
Kampala, Uganda

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