# Octopus

**Source:** https://www.startuphub.ai/startups/octopus
**Profile type:** Startup

> A global energy and technology group focused on decarbonizing the energy system and making green energy affordable.

## About

Octopus Energy is a leading UK energy supplier and a global technology company. They are known for their innovative approach to renewable energy, offering green electricity and gas tariffs, smart meter installations, and leveraging technology to improve customer service and operational efficiency. The company has expanded into financial services and is actively involved in developing and investing in renewable energy generation and storage solutions.

## Key facts

- **Slug:** octopus
- **Website:** https://octopus.energy/
- **Location:** London, United Kingdom
- **Founded:** 2016-01-01
- **Employees:** 5415
- **Operating status:** Active
- **Total funding:** $4.1B
- **Sectors / tags:** Energy, Utilities, Fintech, Customer Service Automation, Smart Grid, Renewable Energy, AI-Driven Grid Balancing, EV Charging, Climate Tech, Sustainability, Clean Energy, Solar Energy, Energy Storage, Energy Supplier
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/octopus-energy
  - Twitter: https://x.com/octopusenergy
  - Facebook: https://www.facebook.com/octopusenergy

## Frequently asked

### What does Octopus do?

Octopus Energy is a leading UK energy supplier and a global technology company. They are known for their innovative approach to renewable energy, offering green electricity and gas tariffs, smart meter installations, and leveraging technology to improve customer service and operational efficiency. The company has expanded into financial services and is actively involved in developing and investing in renewable energy generation and storage solutions.

### What is Octopus's revenue?

StartupHub estimates Octopus's annual revenue at $3.5B (range $1.8B to $9.9B, 71% confidence), based on comparable companies in the sector.

### What is Octopus's valuation?

StartupHub estimates Octopus's effective valuation at $5.5B (range $3.8B to $7.1B, 32% confidence), based on comparable companies in the sector.

### How much funding has Octopus raised?

Octopus has raised a total of $4.1B in funding. The most recent round on record is Series D.

### Where is Octopus headquartered?

Octopus is headquartered in London, United Kingdom.

### When was Octopus founded?

Octopus was founded in 2016.

### What industry does Octopus operate in?

Octopus operates in Energy, Utilities, Fintech, Customer Service Automation, Smart Grid, Renewable Energy.

### How many employees does Octopus have?

Octopus has approximately 5415 people on record.

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