Octopus Energy
OE
Octopus Energy supplies electricity and gas to homes and businesses, with a focus on renewable power. It offers time-of-use and smart tariffs that integrate with devices such as EV chargers and smart thermostats. The company also licenses Kraken, its cloud software platform for customer billing, service and energy flexibility, to other utilities.
Founded by Greg Jackson (Founder, CEO), Stuart Jackson (Co-founder, CFO), James Eddison (Co-founder, CTO)
Blended valuation$8.6B
Valuation history
Weekly blended valuation with priced funding rounds marked on the timeline.
$8.8B
blended valuationfunding round
May 6, 2024$7.1BOct 5, 2026
All rounds
4 funding rounds, newest first.
| Round | Announced | Raised | Post-money |
|---|---|---|---|
| Round | Dec 30, 2025 | — | $8.7B |
| Round | Jun 7, 2024 | — | $9B |
| Growth | May 7, 2024 | $803.2M | $7.3B |
| Round | Dec 18, 2023 | $792.2M | — |
Investors
2 investors across all rounds.
- LILightrock
- GCGalvanize Climate Solutions
Invest in the private markets on Legion
Registered users see full trading activity, every investor, rankings, and live deals.
Data as of Oct 15, 2026. Valuations are estimates blended from primary and secondary-market signals — not investment advice.