Kraken Technologies

Upgrade your utility

London, United Kingdom · Founded 2017 · $1.0B raised

Headquarters
London
Employees
1001–5000
Founded
2017
Business Model
B2B
Total Funding
$1.0B
Last Round
$1.0B Growth EquityDec 2025
Rounds
1

About

Kraken Technologies builds and operates an AI-powered, end-to-end operating system for energy, water, and telecom utilities. The platform covers customer management, billing, meter data management, residential and grid-scale flexibility, and field operations. Serving 70M+ customer accounts across 30 countries, Kraken enables utilities to reduce cost-to-serve by 40% and accelerate product innovation threefold.

Summary

Kraken Technologies is an Energy company based in London, United Kingdom, founded in 2017. It has raised $1.0B in total across 1 round, most recently a $1.0B Growth Equity round in Dec 2025. Investors include D1 Capital Partners, Fidelity International and Durable Capital Partners.

Tech & App Stack

8 technologies & apps tracked

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Funding History

Growth EquityGrowth EquityDec 2025
$1.0B

Investors

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