Octopus Energy Group

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

Headquarters
London
Employees
1001–5000
Founded
2015
Business Model
B2C
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. Investors include D1 Capital Partners.

Tech & App Stack

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Funding History

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$1.0B

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Growth Equity — per-round amounts, valuations, and who invested in each round.

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