Ocado

UK technology-driven online grocery platform and solutions provider, licensing its smart platform to retailers globally.

Est. 2000·Hatfield, GB·Public·ocado.com ↗

Tim Steiner (CEO)

GroceryUK MarketPublic CompanyGB

Last updated Feb 6, 2024

Beyond Startup Scale

This company has grown beyond typical startup scale. We focus on the first 10 years of traction data, as this period is most comparable to other startups and provides actionable benchmarks.

Latest Key Metrics

Countries

10(Feb 2024)

Source: Ocado Group

Employees

17.0K(Feb 2024)

Source: Ocado Group

Total Funding

$950.0M

Revenue

$2.9B(2023)

Source: Ocado Group

Rev / Employee

$169K

Funding

$950.0M · 2 rounds

Revenue

1 year · Latest $2.9B

Funding Rounds

Debt$600.0Mled by Convertible bondsNov 2022

IPO$350.0Mled by Public MarketsJan 2013

Employees

Growth

Employed 17.0K people in Feb 2024

Source: Ocado Group, published Feb 6, 2024

Served 920.0K active customers in Feb 2024

Source: Ocado Group, published Feb 6, 2024

Licensed technology to retailers in 10 countries in Feb 2024

Finance

Generated $2.9B in annual revenue in 2023

Source: Ocado Group, published Feb 6, 2024

Achieved 34.0% gross margin in 2023

Source: Ocado Group, published Feb 6, 2024

Ocado

Latest Key Metrics

Funding

Revenue

Funding Rounds

Employees

Growth

Finance

Marketing/Sales

Stay Updated