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Ondo InsurTech Plc
@OndoPlc
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737
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We are creating the world leader in claims prevention tech for home insurers, based on Green Economy Mark winning technology LeakBot Ticker LON:ONDO
UK, USA, Denmark and Sweden
Joined January 2022
#ONDO Highlights video from our Trading Update & Outlook RNS🎥 🔹Accelerated growth driven by the U.S.🇺🇸 🔹Strong growth in the UK🇬🇧 and Denmark🇩🇰 🔹Signed Top 6 Personal Lines insurer Liberty Mutual to launch into four states 📈Well-positioned for success in FY 2026 and beyond
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#ONDO is pleased to provide a trading update for the year ending 31 Mar 2025. 📈Adoption of #LeakBot by insurance companies has significantly accelerated 🇺🇸The scale-up of U.S. operations continues to exceed expectations 💷Strengthened cash position & continued growth momentum Click here to read:
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#ONDO Gervais Williams, Manager of Premier Miton, in an interview with @Edison_Inv_Res via @VOXmarkets says that #LeakBot has gained significant traction 🔹Success is attributed to high return on investment for insurers and the potential to become a standard global products
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#ONDO Article by @CarrierMgmt features Casey Kempton, President of Nationwide Personal Lines. 🔹Some positive call outs to #Ting & #LeakBot "That’s the type of vendor solution that we’re looking for. We’re actually impacting people’s lives in a very positive way." Read more 👇
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#ONDO A leaky toilet can waste 200-400 litres of water per day—this is a major environmental issue🚰 🔹UK Water Companies are finding #LeakBot to be an accurate, reliable & scalable solution to detect & fix leaks before they waste thousands of litres 💧 #WaterEfficiency
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#ONDO CEO highlights significant interest from 🇺🇸 US insurers, indicating active conversations & a pipeline of potential partnerships 📈The growth potential is significant, suggesting that partnering with top or even mid-tier insurers could lead to a substantially sized business
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#ONDO expands into 18 states, proving that as a market leader grows, others follow. 🇺🇸 The US market is set to become our primary revenue driver 📊 Improved working capital profile positions us for EBITDA profitability in H2 2025—no additional funding required 📽️More below:
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#ONDO CEO Craig Foster looks forward to an exciting 2025 & continuing our strategy focusing on top-line growth & recurring revenues in core markets 🔹Look out for news on significant expansion plans with existing partners & more deals in the pipeline. Targeting further growth!
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“…a great benefit of Nationwide home insurance and it will be a factor we take into account when renewing with @Nationwide in the future” 🌟 🌟 🌟 🌟 🌟 2nd Jan Revie #ONDO #LeakBot
Nice way to start the year with this great review from a Nationwide customer - super job by Trevor, one of our newest recruits #ONDO #LeakBot
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RT @foster_ideas: Check out my article for the New Year: Peter Thiel’s 7 Questions…and Why I Think #Ondo Could Be a Billion-Dollar Company…
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In the past 6 months, #ONDO has addressed nearly 3,000 home leaks, with 700 of them being significant enough to potentially lead to insurance claims of £5.5M 🔹Those 3,000 visits have saved 132ML of water 🔹Over a year, that's enough water to fill 50 Olympic-sized swimming pools
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#ONDO's CEO talked with @proactive_UK about our milestones in 2024 and plans for 2025. 🔹With more deals in the pipeline, Foster called 2025 an "exciting year" focused on expanding core markets in Denmark, Sweden, the UK, and the US Click here to watch:
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