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Octopus Energy

Renewable Energy Technology (CleanTech) & Infrastructure / Smart Grid Management & IoT SaaS / Digital Utility & Green Energy E-Commerce / EV & Heat Pump Integration London, United Kingdom / England / United States / Germany / Japan / Global

About Octopus Energy

Octopus Energy (operating under octopus.energy, legally Octopus Energy Group Limited) is the premier, enterprise-grade renewable energy technology platform, clean utility pioneer, and global green asset orchestration powerhouse engineered to act as the definitive, high-visibility retail energy supply, decentralized grid management, and smart meter time-of-use tariff layer for tens of millions of homes and commercial entities worldwide. Founded in 2015 by visionary tech and energy entrepreneurs Greg Jackson (CEO), Stuart Jackson (CFO), Pete Miller, and AJ Lawrence, the corporation completely eliminates the severe systemic friction of traditional, fossil-heavy energy provisioning—where legacy utility providers encounter extreme customer dissatisfaction, billing opacity, and rigid infrastructure traps that block renewable adoption—by deploying its proprietary cloud-based "Kraken" tech stack. Moving far beyond passive power delivery lines or traditional regional monopolies, Octopus natively unifies hyper-flexible time-of-use digital pricing engines (such as the wholesale-pegged Octopus Tracker and half-hourly Agile Octopus), consumer heat pump systems, domestic battery arrays, electric vehicle concierge infrastructure, and commercial renewable generation management into a high-availability digital utility network. Serving as a mission-critical clean tech operator across the UK, Europe, North America, and Asia-Pacific, the collective manages over 11 million active accounts globally while its core software platform, Kraken, is contracted to orchestrate more than 40 million energy and water accounts worldwide. Reflecting its immense market dominance and investor validation, the high-growth giant commands an expansive institutional asset framework backed by over $1.96 billion in venture and private equity funding—supported by top-tier capital architects including Generation Investment Management, CPP Investments, Tokyo Gas, Origin Energy, and major funding expansions that value the enterprise at approximately $9 billion. Under the hood, its technology framework utilizes advanced machine learning engines designed to balance distributed energy resources with real-time supply and demand, high-frequency smart meter parsing pipelines, and developer-friendly data routing endpoints optimized to manage massive multi-region transactional billing logs with absolute precision and sub-second execution latency. What sets Octopus Energy apart is its uncompromising dedication to replacing fragmented, legacy utility models with an "Internet of Energy" that combines mathematical price predictability, hands-on customer-first service, and scalable grid decarbonization; by bridging the gap between performance-intensive relational software automation and front-row global climate transformation goals, the corporation remains the definitive cornerstone of modern algorithmic energy technology and global green utility infrastructure transformation.

Founded In2015
Company Size10000+ Employees
IndustryRenewable Energy Technology (CleanTech) & Infrastructure / Smart Grid Management & IoT SaaS / Digital Utility & Green Energy E-Commerce / EV & Heat Pump Integration