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Octopus Energy Group

Energy ~10 employees
Founded
--
Employees (Est.)
~10
1 leaders known
Total Funding
$800.0M
Funding Rounds
1
Last Funding
2023-12-18

About Octopus Energy Group

Octopus Energy US aims to provide smarter, greener, and fairer energy solutions for Texas homes, focusing on 100% renewable energy, transparent pricing, and award-winning customer service. Their mission is to use technology and data to improve energy for customers, their wallets, and the planet.

Products & Services

OctoGreen10:A 10-month fixed-rate plan with 100% renewable energy supply for the whole home.
Intelligent Octopus for Smart Thermostats:A plan offering cheaper rates for smart thermostat users to support a resilient grid.
Intelligent Octopus for Electric Vehicles (EVs):Discounted charging rates for EVs with smart charge scheduling.
Intelligent Octopus for Home Batteries:Earn $20 monthly per 5 kWh of storage shared with the grid using home batteries.
Solar Buyback Program:A program to earn from solar power generation in Texas.

Specialties

Renewable Energy Smart Energy Technology Electric Vehicle Charging Solutions Home Battery Storage Solar Energy Buyback Programs

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Funding Round
T: -
FT: Funding Round
A: 800000000
MR: -
FA: $800 million
FAN: 800000000
D: 2023-12-18
FD: 2023-12-18
4 investors
Funding Round Latest
2023-12-18
$800.0M
4 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

A

Al Gore

Chairman

Recent News

Octopus Energy Group Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Energy
Company Size
~10 employees (est.)

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

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