Octopus Energy
Company Intelligence Report
Comprehensive analysis of company details, tech stack, recruitment, and market position
Company Snapshot
Location
London, United Kingdom
Registered Name
Octopus Energy Ltd
Website & Social
Company Bio
Octopus Energy is a UK-based energy supplier focused on providing 100% renewable electricity and transparent pricing. They are one of Europe's largest investors in green energy, managing renewable generators to power around 2.2 million homes.
Octopus Energy has grown rapidly, becoming the UK's largest electricity supplier in just nine years, serving 7.3 million customers. They are known for their smart energy tariffs, innovative products, and proprietary technology platform Kraken.
The company is a global clean energy tech pioneer, operating in over 30 countries, licensing its Kraken platform to major utilities including E.ON, EDF, Tokyo Gas, and Origin Energy, and managing over 25 million customer accounts worldwide.
Market & Domain
Market Category
Energy Supplier
Market Domain
B2C
Target Region
UK (initially), expanding globally
Official Records
Company Details
Company Name
OCTOPUS ENERGY LTD
Company Number
09263424
Company Type
Private Limited Company
Status
Active
Date of Incorporation
23 October 2014
Next Accounts Due
31 December 2025
Nature of Business (SIC)
35110 - Production of electricity
35120 - Transmission of electricity
35130 - Distribution of electricity
35140 - Trade of electricity
62012 - Business and domestic software development
Full Address
UK House, 5th Floor
164–182 Oxford Street
London, W1D 1NN
United Kingdom
Official Links
Persons with Significant Control (PSCs)
Octopus Energy Group Limited
Corporate Entity Person with Significant Control
Natures of Control
- Ownership of shares (75% to 100%)
- Voting rights (75% to 100%)
- Right to appoint and remove directors
Shell Energy Retail Limited
Corporate Entity Person with Significant Control
Natures of Control
- Ownership of shares (25% to 50%)
- Voting rights (25% to 50%)
Tech Stack
Development & Programming
Hosting & Infrastructure
Analytics & Tracking
Marketing Tools
Recruitment Data
Current Job Listings
| Title | Location | Post Date |
|---|---|---|
| Customer Operations | UK | 3 days ago |
| Technology | UK | 15 days ago |
| Investments | UK | 28 days ago |
| Octopus Energy Services | UK | 10 days ago |
| Data Platform Engineer | UK | 6 days ago |
| Senior Fullstack Engineer | UK | 22 days ago |
| Venue Energy Helper | UK | 5 days ago |
Company Benefits
Financial
- Equity in the business
- Discounted train travel
- Electric car on salary sacrifice
Health
- Private medical insurance
Work-Life Balance
- Great parental leave policy
- Flexible working
Development
- Learning and development opportunities
Customer Feedback
Customer Reviews Summary
Total Reviews
1000+
Average Rating
4.7
Most Recent
23 August 2025
"Ellie was prompt in replying and was helpful and efficient."
"Genuinely cannot fault this company. As a first time homeowner I had absolutely no clue about smart meters, tariffs, setting up a new account etc. but Octopus just made all so easy and straight forward."
"Great customer service, once you get to interact with a person. The recommendation voucher from a friend wouldn't allow me to get the package I was looking for and the automated address finder wasn't..."
"Switching to Octopus couldn't have been easier! From my first email enquiry about the arrangements to checking that everything was OK after the switch, I was looked after by one person - Tamara - who..."
"All the team members of the Octopus solar team were very helpful, professional and competent throughout the whole process. Especially Mr. Eric and Mr. Dylan were very helpful and had a genuine approach..."
"My experience with Octopus Energy... My experience with Octopus Energy 24/08/25 I find dealing with Octopus Energy is very satisfactory due to quick replies to any queries I have, fair prices and advice"
Funding & News Signals
Latest News
Octopus Energy launches landmark Africa energy fund
New report finds zonal pricing to save billions on industrial power costs without burdening households.
Read moreOctopus Energy accelerates take-off of clean air travel with new investment
Octopus Energy partners with Skyborn to enter France's offshore wind market.
Read moreOctopus Energy Group completes fundraise with existing investors
Securing US$325m from existing shareholders to enhance renewable integration via KrakenFlex.
Read more (DE)Latest news and breaking stories
Coverage of Octopus Energy in major news outlets including advertising regulations and market developments.
View on IndependentBritain's Octopus Energy buys stake in East Anglia One wind farm
April 3, 2025 - Major investment in offshore wind energy infrastructure.
View on ReutersFunding Signals
Octopus Energy Group completes fundraise with existing investors
Securing US$325m from its existing shareholders on terms agreed during the fundraising round in December...
Octopus Energy plots equity raise
In its latest funding round in May 2024, it drew USD 370m of investments from Australian superannuation fund Aware Super and another investor.
Valuation increases to $9bn
Following further commitments from existing investors.
July 2022 Funding Round
Raised US$550 million in total — $325M from existing investors and $225M strategic commitment from CPP Investments to enhance renewable integration via KrakenFlex.
December 2023 Funding Round
Closed $800M funding round, demonstrating continued investor confidence in the company's growth trajectory.
Ownership Structure (2024)
Octopus Energy Holdco
37.5%
Management & Employees
9.4%
Origin Energy
22.18%
Tokyo Gas
10.02%
CPP Investments
11.04%
Generation Investment Management (GIM)
9.36%
Company Health & Strategic Insights
- Financial Strength: £12.4bn revenue in FY24 with £83m net profit. Net assets jumped 145% to £1.7bn, supported by £628m new equity. Despite absorbing £74m in customer costs, the group stayed profitable, proving resilience.
- Global Expansion: Now the UK's largest energy supplier (7.3m households), active in 32 countries, and rapidly scaling abroad. Integrated Shell Energy Retail's 1.3m customers in under 3 months.
- Technology & Innovation: Kraken platform powers 60m+ accounts, with recurring revenues up 68% to £90m. Expanded into water and telecoms and acquired Sennen/Kwest to strengthen renewable asset management.
- Sustainability & Impact: 744k low-carbon installations, £7bn renewable portfolio, and £30m hardship fund supporting 72k households. ESG impact embedded in growth.
- Customer & Culture: One new customer every 30 seconds in 2024, Which? Recommended Provider for 8 years, and ranked the UK's best place to work.
- 🔑 Outlook: Octopus has shifted from challenger to global leader. Its profitability, Kraken scalability, and ESG-driven expansion position it as a resilient and innovative force in the energy transition.