About Kraken
Kraken is a company based in London (United Kingdom). It operates as a SaaS (Software-as-a-Service), and Managed Services. Kraken has raised $1 billion across 1 funding round from investors including D1 Capital Partners, Fidelity International and Durable Capital Partners. Kraken has completed 3 acquisitions, including Jedlix, Kwest and Sennen. Kraken offers products and services including Customer Management, Residential Flexibility, Field Operations, and Infrastructure Flexibility. Kraken operates in a competitive market with competitors including Landis+Gyr, Tantalus, Amberflo, British Gas and Arcadia, among others.
- Headquarter London, United Kingdom
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
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- Legal Name Kraken Technologies Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 B (USD)
in 1 rounds
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Latest Funding Round
$1 B (USD), Series D
Dec 29, 2025
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Investors
D1 Capital Partners
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Jedlix
& 2 more
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Products & Services of Kraken
Kraken offers a comprehensive portfolio of products and services, including Customer Management, Residential Flexibility, Field Operations, and Infrastructure Flexibility. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Customer experiences are enhanced through integrated utility management.
Distributed energy resources are optimized for residential utilities.
Operational efficiencies are improved for utility field services.
Large-scale generation is optimized for maximum operational value.
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Funding Insights of Kraken
Kraken has successfully raised a total of $1B through 1 strategic funding round. The most recent funding activity was a Series D round of $1 billion completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series D — $1.0B
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First Round
First Round
(29 Dec 2025)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2025 | Amount | Series D - Kraken | Valuation | D1 Capital Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kraken
Kraken has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include D1 Capital Partners, Fidelity International and Durable Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kraken
Kraken has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Jedlix, Kwest and Sennen. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Project management solutions are offered for renewable energy operations.
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2021 | ||||
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Renewable energy assets are managed via a specialized platform.
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2017 | ||||
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App-based solution to integrate EV charging with renewable energy production
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kraken
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kraken Comparisons
Competitors of Kraken
Kraken operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Landis+Gyr, Tantalus, Amberflo, British Gas and Arcadia, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Smart grid communication solutions are provided for utilities by Tantalus.
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| domain | founded_year | HQ Location |
Cloud-based invoicing and billing solution for businesses
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| domain | founded_year | HQ Location |
Provider of natural gas exploration and processing sevices
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| domain | founded_year | HQ Location |
Arcadia is focused on providing clean energy solutions through data platforms.
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| domain | founded_year | HQ Location |
Energy efficiency and smart grid management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Kraken
Where is Kraken located?
Kraken is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Kraken a funded company?
Kraken is a funded company, having raised a total of $1B across 1 funding round to date. The company's 1st funding round was a Series D of $1B, raised on Dec 29, 2025.
What does Kraken do?
Kraken is operated as a leading provider of AI-powered, end-to-end operating systems for energy, water, and telecom utilities. Solutions are delivered to enhance customer satisfaction, reduce operational costs, and drive innovation through advanced flexibility in residential and generation sectors. Services are extended to distribution and retail utilities globally, supporting over 70 million customer accounts across 30 countries. Technology is utilized to automate energy supply chains, aiding the transition to a decentralized, decarbonized energy system.
Who are the top competitors of Kraken?
Kraken's top competitors include Landis+Gyr, Arcadia and PowerSecure.
What products or services does Kraken offer?
Kraken offers Customer Management, Residential Flexibility, Field Operations, and Infrastructure Flexibility.
How many acquisitions has Kraken made?
Who are Kraken's investors?
Kraken has 4 investors. Key investors include D1 Capital Partners, Fidelity International, Durable Capital Partners, and Ontario Teachers' Pension Plan.