Octopus Energy (Spin-out)
Funding Details
Awarder
Inbox
Date Award
July 21, 2025
Vertical
Energy
Valuation
$10,000,000,000
Company Info
Founding Year
2015
Traction
Octopus boasts more than 7m UK customers and has a 24% market share.
Revenue Amount
$159,000,000
Market
Utilities
Location
UK
Company Description

Octopus Energy supplies gas and electricity to customers in the UK and six other countries. It is planning to spin out its software division, Kraken, which licenses software to other energy companies.

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