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Octopus Energy
Energy supplier and green tech group running on its own Kraken software
London, GB
Founded 2015
500+ employees
About
Octopus Energy supplies electricity and gas to homes and businesses. Greg Jackson founded the company in 2015 as part of the Octopus Group, a London investment firm. It is based in London.
Octopus has become the largest household energy supplier in the United Kingdom. It also operates in other countries, including Germany, France, Spain, Japan and the United States. It offers tariffs that change price through the day, which reward customers for using power when it is cheap and plentiful. It also sells and installs heat pumps, solar panels and electric vehicle chargers.
The company built its own customer and billing platform, called Kraken. Kraken is now licensed to other energy and utility companies around the world. Octopus also invests in wind and solar farms through a separate fund management arm. Greg Jackson is chief executive. The group is privately held and has announced plans to separate Kraken into its own company.
Octopus has become the largest household energy supplier in the United Kingdom. It also operates in other countries, including Germany, France, Spain, Japan and the United States. It offers tariffs that change price through the day, which reward customers for using power when it is cheap and plentiful. It also sells and installs heat pumps, solar panels and electric vehicle chargers.
The company built its own customer and billing platform, called Kraken. Kraken is now licensed to other energy and utility companies around the world. Octopus also invests in wind and solar farms through a separate fund management arm. Greg Jackson is chief executive. The group is privately held and has announced plans to separate Kraken into its own company.
Contact Octopus Energy
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