How much funding has Octopus Energy Group raised?

Octopus Energy Group has raised $1.6B in total funding, most recently a growth equity round.

When was Octopus Energy Group founded?

Octopus Energy Group was founded in 2015.

Where is Octopus Energy Group headquartered?

Octopus Energy Group is headquartered in London, United Kingdom.

What industry is Octopus Energy Group in?

Octopus Energy Group operates in Clean Energy.

How many employees does Octopus Energy Group have?

Octopus Energy Group has 1001-5000 employees.

Octopus Energy Group

London, United Kingdom · Founded 2015 · $1.6B raised

Clean Energy

Headquarters: London
Employees: 1001–5000
Founded: 2015
Business Model: B2C

Website: octopusenergy.com
Total Funding: $1.6B
Last Round: $1.0B Growth EquityDec 2025
Rounds: 2

About

Octopus Energy Group is a global clean energy and technology pioneer founded in 2016 to use software and data to make affordable, green energy accessible worldwide. The Group comprises 10 businesses across 18 countries on 4 continents, serving more than 7.2 million retail customers and over 40,000 business customers, with 50 million+ accounts managed through its proprietary Kraken energy technology platform. Backed by Origin Energy, Tokyo Gas, Generation Investment Management, and CPPIB, the company has grown to become the UK's second-largest energy supplier and is targeting 100 million global customers by 2027.

Summary

Octopus Energy Group is a Clean Energy company based in London, United Kingdom, founded in 2015. It has raised $1.6B in total across 2 rounds, most recently a $1.0B Growth Equity round in Dec 2025.