Qotto
OperatingQotto sells solar home systems to rural households in West Africa with a pay-as-you-go model.
- Renewable Energy
- Ouagadougou, Burkina Faso
- Debt Financing
- Founded 2016
- qotto.net ↗
- Total raised
- $14M
- disclosed
- Last round
- $8M
- Series A
- Rounds
- 4
- since 2016
- Investors
- 4
- on record
- Employees
- 201-500
About Qotto
Qotto sells solar home systems to rural households in West Africa with a pay-as-you-go model. At Qotto, we transform the daily life of our customers by installing solar kits. To help them achieve their dreams, we offer electric autonomy with great flexibility and quality customer service.
Qotto funding4 rounds
All 4 rounds →Qotto has raised $14M across 4 disclosed rounds. The latest is a Debt Financing announced 13 Feb 2023.
- $6MVentureVenture, $6M, $6M raised to date
- $8MSeries ASeries A, $8M, $14M raised to date
SLA Funding Index · grey is capital raised before each round · 2 undisclosed rounds not drawn
Who has invested in Qotto
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 13 Feb 2023 | Qotto Debt Financing | FEI-OGEF +1 | Not disclosed |
| 13 Feb 2023 | Qotto Series A | IBL | $8M |
| 16 Dec 2020 | Qotto Debt Financing | FEI-OGEF | Not disclosed |
| 07 Feb 2020 | Qotto Venture | Sowefund | $6M |
Qotto founders & team
- Fabrice de GaudemarCo-Founder
Qotto competitorssame sector · similar funding
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Frequently asked about Qotto
- Where is Qotto based and when was it founded?
- Qotto is headquartered in Ouagadougou, Burkina Faso and was founded in 2016.
- Who founded Qotto?
- Qotto was founded by Fabrice de Gaudemar (Co-Founder).
- How much funding has Qotto raised?
- Qotto has raised $14M across 4 disclosed rounds. Its latest, a Debt Financing, was announced on Feb 13, 2023.
- Who has invested in Qotto?
- Backers include FEI-OGEF, Cordaid Investment Management, IBL and Sowefund.
- What sector is Qotto in?
- Qotto operates in Renewable Energy, Energy and Solar.
