About Octopus Energy
Octopus Energy is an Energy & Utilities company based in London (United Kingdom) founded in 2015 by Pete Miller, Stuart Jackson, and Greg Jackson. Utility bill management platform is provided for tracking and billing. It operates in the Energy & Utilities and Transportation, Automotive & Logistics sectors. Octopus Energy has raised $2.81 billion across 5 funding rounds from investors including Origin Energy, CPP Investments and Tokyo Gas. The company has 5,752 employees. Octopus Energy has completed 11 acquisitions, including 4hundred, Affect Energy and Avro Energy. Octopus Energy was last valued at $9.2 billion in May 2024. Its chief executive, as recorded, is Greg Jackson. Its website octopus.energy draws about 9.9 million monthly visits. Octopus Energy offers products and services including Smart Tariffs, EV Tariffs, and Solar Export. Its focus areas include Energy, Solar Energy, Independent Power Producer and Utility. Its legal entity is OCTOPUS ENERGY LIMITED. Its competitors include OVO Energy, EDF Energy and ScottishPower; 2 of its 3 listed competitors have raised funding.
Company details
Octopus Energy was founded in 2015 in London, United Kingdom. A platform for managing utility bills is offered in the energy sector. Account balances are tracked, smart meter usage is monitored, and accounting functions are supported. Transaction and billing histories are maintained. Access is enabled through a mobile application compatible with Android and iOS devices. Operations center on utility services for users in the region.
- Headquarters London, United Kingdom
- Employees 5,752
- Founders Pete Miller, Stuart Jackson, Greg Jackson
- Stage Unicorn
- SectorsEnergy & UtilitiesTransportation, Automotive & Logistics
- Website category Finance
- Email••••••••
- Phone•••• ••••
- Website octopus.energy
- Social LinkedIn X Facebook Instagram
- Legal Name Octopus Energy Limited
- Date of Incorporation 14 Oct, 2014
- Jurisdiction LONDON, UNITED KINGDOM
- Annual Revenue$17.62 K (USD)as on Apr 30, 2025
- Net Profit$243.71 M (USD)as on Apr 30, 2023
- EBITDA-$334.92 (USD)as on Apr 30, 2025
- Total Equity Funding$2.81B (USD)
in 5 rounds
- Latest Funding Round$850M (USD), Series G
Dec 2025
- InvestorsOrigin Energy
& 8 more
- Employee Count5,752
- Investments & Acquisitions4hundred
& 10 more
Products & Services of Octopus Energy
Octopus Energy offers a comprehensive portfolio of products and services, including Smart Tariffs, EV Tariffs, and Solar Export.
Tariffs for efficient electricity supply and smart metering.
Specialized tariffs for electric vehicle charging.
Services for exporting solar energy to the grid.
Apps and channels of Octopus Energy
Octopus Energy publishes 2 mobile apps with over 1M+ downloads.
Funding Insights of Octopus Energy
Octopus Energy has successfully raised a total of $2.81B across 5 strategic funding rounds. The most recent funding activity was a Series G round of $850 million 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 $2.81B
- Total Rounds 5
- Last Round Series G — $850M
- First Round $200M
(Dec 2020)
- Investors Count 9
All 5 funding rounds of Octopus Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2025 | Series F | – | D1 Capital Partners | ||
| Dec 2023 | $800M | Series F | – | CPP Investments, Generation Investment Management | – |
| Dec 2021 | $300M | Series E | $5B | CPP Investments | – |
| Sep 2021 | $655M | Series E | $4.6B | Generation Investment Management | |
| Dec 2020 | $200M | Series D | $••••• | Tokyo Gas |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $5B | •••••••• |
| Sep 2021 | $4.6B | •••••••• |
| Dec 2020 | $••••• | •••••••• |
Full valuation and stage history of Octopus Energy
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $9.2B (May 2024). 9 investors in total: 9 institutional.
Investors in Octopus Energy
Octopus Energy has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Origin Energy, CPP Investments and Tokyo Gas.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on sustainable investments | generationim.com | London, United Kingdom | ||
Private equity and hedge fund focused on consumer, business services, financial, healthcare, and multiple sectors | d1capital.com | New York, United States | ||
Investment management services are offered by Durable Capital Partners. | durablecap.com | Bethesda, United States | ||
Pension fund assets are managed for sustainable long-term growth. | 1997 | cppinvestments.com | Toronto, Canada | |
Energy corporation | 2000 | originenergy.com.au | Sydney, Australia | |
City gas and services provider | 1885 | tokyo-gas.co.jp | Tokyo, Japan | |
| fidelityinternational.com | ||||
Pension funds focused on multiple sectors | 1990 | otpp.com | Toronto, Canada | |
| fidelity.co.uk |
Investor details for Octopus Energy
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People of Octopus Energy
429 people are tracked at Octopus Energy (91 in leadership, 338 in team); the tracked headcount is 5,752.
| Name | Role | Group |
|---|---|---|
Pete Miller | Co-Founder | Leadership |
Stuart Jackson | Co-Founder | Leadership |
Greg Jackson | Co-Founder & CEO | Leadership |
Alistair Shepherd | Director Of Bizops | Leadership |
Ina Andrea Stridde | Marketing Director | Leadership |
Clem Cowton | Director of External Affairs | Leadership |
Breffney Brass | Head Of New Markets | Leadership |
Russell Bredin | Head Of Contract Management | Leadership |
Lancelot D'Hauthuille | Co-managing Director | Leadership |
Dom Bellamy | Head Of Consumer PR | Leadership |
Natasha Crowe | Vp, Head Of Marketing & Comms, North America | Leadership |
Rebecca Dibb-Simkin | CMO | Leadership |
Mario Lupori | Commercial Director (sales, Pricing, Contracts, Credit Risk And Collections) | Leadership |
Kevin Hammond | Head Of Regulatory Compliance | Leadership |
Matt Bunney | Managing Director - OE Trading | Leadership |
Jess Grey | Executive Assistant To Coo/global Director Of Operations | Leadership |
Simon Bell | Head Of Credit Operations | Leadership |
Jade Barnes | Head Of Customer Operations | Leadership |
Lee Murray | Head Of Operations | Leadership |
Steven Pizzo | Finance Business Partner - Heat Pumps | Leadership |
409 more people are available in the full profile.
Complete people profiles for Octopus Energy
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Investments & Acquisitions by Octopus Energy
Octopus Energy has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include 4hundred, Affect Energy and Avro Energy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of renewable energy solutions for homes and businesses | shellenergy.de | Magdeburg, Germany | 2015 | Dec 2023 | •••• | |
Solar-as-a-service systems are provided for residential and commercial sectors. | zestecgroup.co.uk | Ferndown, United Kingdom | 2017 | Dec 2022 | •••• | |
Renewable gas and electricity are supplied online in the UK. | bulb.co.uk | London, United Kingdom | 2014 | Oct 2022 | •••• | |
Highly efficient renewable energy heating products and solutions are provided. | red-limited.com | Portadown, United Kingdom | 2014 | Apr 2022 | •••• | |
Oil and gas distribution services are provided in Italy. | satoenergia.it | Ascoli Piceno, Italy | 2003 | Nov 2021 | •••• | |
Gas and electricity are supplied to UK domestic consumers. | avroenergy.co.uk | Nuneaton, United Kingdom | 2012 | Sep 2021 | •••• | |
Provider of solutions for smart energy management | upside.energy | Germany | 2013 | Nov 2020 | •••• | |
Real-time wholesale pricing is delivered via a mobile app. | evolvemyenergy.com | Houston, United States | 2019 | Sep 2020 | $5M | |
IFTTT for smart home | ncubehome.co.uk | London, United Kingdom | 2012 | Oct 2019 | •••• | |
Electricity and gas distribution services are provided in Germany. | 4hundred.com | Starnberg, Germany | 2017 | Sep 2019 | $18.07M |
Complete acquisition details for Octopus Energy
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Timeline of Octopus Energy
14 dated milestones of Octopus Energy across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Octopus Energy is founded.
- Acquisition Acquires 4hundred.
- Acquisition Acquires nCube Home.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Evolve Energy.
- Acquisition Acquires Upside Energy.
- Funding First funding round of $200.0M.
- Acquisition Acquires Avro Energy.
- Acquisition Acquires SATO Luce e Gas.
- Acquisition Acquires Red-Limited.
- Acquisition Acquires Bulb.
- Acquisition Acquires Zestec.
- Acquisition Acquires Shell Energy Retail.
- Funding Latest funding round, Series G, of $850.0M.
Competitors of Octopus Energy
Octopus Energy has 3 listed competitors in our database, 2 of them funded. They include OVO Energy, EDF Energy and ScottishPower.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ovoenergy.com | 2009 | Bristol, United Kingdom | $257.69M | 1,115 | Renewable energy is supplied via app-based platform by OVO Energy. | |
| edfenergy.com | 2010 | London, United Kingdom | Electric utility company | |||
| scottishpower.com | 2013 | Glasgow, United Kingdom | $25.2M | 5,614 | Wind energy is generated, transmitted, and distributed by ScottishPower. |
Detailed competitors of Octopus Energy
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Web traffic of Octopus Energy
The website of Octopus Energy (octopus.energy) receives about 9.9M visits a month and ranks #4,566 among all websites worldwide, #283 in Finance.
- Monthly visits9.9M
▲ 6.2% vs previous month
- Unique visitors3.2M
per month
- Global rank#4,566
among all websites
- Category rank#283
Finance · Finance
- Bounce rate32%
- Pages per visit5.9
- Average visit3 min 04 sec
- DevicesDesktop 34% · Mobile 66%
Websites whose visitors overlap most with Octopus Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fuseenergy.com | 100% | 384.4K | #137,549 | View details | |
| yorkshirewater.com | 100% | 627.1K | #66,328 | View details | |
nsandi.com | nsandi.com | 100% | #7,616 | – | |
| co-operativebank.co.uk | 99% | 2.1M | #19,813 | View details | |
marcus.co.uk | marcus.co.uk | 98% | #48,820 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Octopus Energy
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Frequently Asked Questions about Octopus Energy
Octopus Energy was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Octopus Energy is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Greg Jackson is the CEO of Octopus Energy, as recorded in our data. They have also founded this company.
Octopus Energy is a funded company, having raised a total of $2.81B across 5 funding rounds to date. The company's 1st funding round was a Series D of $200M, raised on Dec 2020.
Octopus Energy has 5,752 employees.
Annual revenue of Octopus Energy is $17.62K as on Apr 30, 2025.
Octopus Energy was founded in 2015 in London, United Kingdom. A platform for managing utility bills is offered in the energy sector. Account balances are tracked, smart meter usage is monitored, and accounting functions are supported. Transaction and billing histories are maintained. Access is enabled through a mobile application compatible with Android and iOS devices. Operations center on utility services for users in the region.
Octopus Energy's top competitors include OVO Energy, ScottishPower and EDF Energy.
Octopus Energy offers Smart Tariffs, EV Tariffs, and Solar Export.
Octopus Energy has made 11 acquisitions, including 4hundred, Affect Energy, and Avro Energy.
Octopus Energy has 9 investors. Key investors include Origin Energy, CPP Investments, Tokyo Gas, Ontario Teachers' Pension Plan, and Generation Investment Management.
The valuation of Octopus Energy is $9.2B as of May 2024.