A cloud-based, AI-native operating system designed to automate the energy supply chain and accelerate the transition to decentralized, green energy.
What it does
Automates the end-to-end energy supply chain, including billing, metering, and CRM
Optimizes grid-scale energy assets like wind farms, solar arrays, and batteries
Manages field service operations with AI-powered technician scheduling and dynamic routing
Provides real-time visibility and control for residential flexibility and EV charging
Enables seamless, high-speed migration of utility accounts for digital transformation
Why it works
Utilizes 'Utility-Grade AI' to make smarter decisions across the entire value chain
Offers a cloud-native architecture that is highly scalable and uniquely adaptable
Integrates billing, customer service, and asset management into one unified platform
Reduces operational costs by automating manual tasks and optimizing field workforce efficiency
Proven track record with over 50 million accounts managed globally across major energy giants
A cloud-based, AI-native operating system designed to automate the energy supply chain and accelerate the transition to decentralized, green energy.
Overview
Kraken Technologies is a leading energy software platform that provides an end-to-end operating system for utility companies, including energy, water, and broadband providers. Originally developed by Octopus Energy to solve its own operational scaling challenges, the platform uses advanced data, AI, and machine learning to automate utility operations, from customer billing and CRM to grid-scale asset optimization and field workforce management.
Founded year:2016
Founder:Greg Jackson, James Eddison
Team size:1000-5000
Popularity:Market leader in utility digital transformation platforms
HQ:London, United Kingdom
Status:Active
Funding status:Late Stage
Customer type:Enterprise
Funding:USD 1 billion venture funding led by D1 Capital Partners (Dec 2025)
Integrations:Mapbox, various GDS systems, EV charging infrastructure APIs, smart meter networks, billing and payment gateways
What it does
Automates the end-to-end energy supply chain, including billing, metering, and CRM
Optimizes grid-scale energy assets like wind farms, solar arrays, and batteries
Manages field service operations with AI-powered technician scheduling and dynamic routing
Provides real-time visibility and control for residential flexibility and EV charging
Enables seamless, high-speed migration of utility accounts for digital transformation
Who it's for
Energy Suppliers
Utility Companies
Water Utilities
Broadband Providers
Why it works
Utilizes 'Utility-Grade AI' to make smarter decisions across the entire value chain
Offers a cloud-native architecture that is highly scalable and uniquely adaptable
Integrates billing, customer service, and asset management into one unified platform
Reduces operational costs by automating manual tasks and optimizing field workforce efficiency
Proven track record with over 50 million accounts managed globally across major energy giants
Founder story
Kraken was founded in 2016 by British entrepreneurs Greg Jackson and James Eddison. Frustrated by the inefficient, legacy systems used by traditional utility companies, they developed the Kraken platform to power Octopus Energy's own operations. Following its massive success in driving customer satisfaction and operational efficiency, the technology was spun out into Kraken Technologies to provide the same agile, AI-driven solutions to utility providers worldwide.
Alternatives
Comparison overview
Kraken Technologies distinguishes itself as an AI-native, end-to-end operating system built specifically for the energy transition, unlike legacy ERP systems. While competitors like Oracle or SAP offer modular enterprise software, Kraken provides a highly specialized, integrated platform that is purpose-built to manage the complexity of decentralized renewable energy and real-time grid operations.