KrakenFlex Overview
- Year Founded
-
2013
- Status
-
Acquired/Merged
- Employees
-
89
- Latest Deal Type
-
M&A
KrakenFlex General Information
Description
Developer of a cloud-based energy system management platform designed to aggregate and manage different types of renewable energy assets. The company's platform uses advanced algorithms and artificial intelligence to manage and monetize very large portfolios of diversified and distributed energy assets, enabling clients to capitalize on new opportunities, while supporting an acceleration in the use of renewable technologies, and create a more sustainable and efficient power network.
Contact Information
Website
www.krakenflex.com(Operating Subsidiary)
Corporate Office
- UK House
- 5th Floor, 164-182 Oxford Street
- London W1D 1NN
- England, United Kingdom
Corporate Office
- UK House
- 5th Floor, 164-182 Oxford Street
- London W1D 1NN
- England, United Kingdom
KrakenFlex Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 22. Merger/Acquisition | 03-Nov-2020 | Completed | Generating Revenue | |||
| 21. Grant | 01-Oct-2020 | Completed | Generating Revenue | |||
| 20. Grant | 01-Sep-2019 | Completed | Generating Revenue | |||
| 19. Grant | 01-Jan-2019 | Completed | Generating Revenue | |||
| 18. Grant | 18-Oct-2018 | Completed | Generating Revenue | |||
| 17. Grant | 01-Sep-2018 | Completed | Generating Revenue | |||
| 16. Grant | 01-Jul-2018 | Completed | Generating Revenue | |||
| 15. Grant | 01-Jun-2018 | Completed | Generating Revenue | |||
| 14. Early Stage VC (Series A) | 04-Jan-2018 | $7.38M | $8.09M | Completed | Generating Revenue | |
| 13. Grant | 01-Jul-2017 | $731K | $709K | Completed | Generating Revenue |
KrakenFlex Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Tripod | 20,000 | $0.001342 | $67.08 | $67.08 | 1x | $67.08 | 4.26% | |
| Ordinary | 20,000 | $0.001342 | $1.68 | $1.68 | 1x | $1.68 | 4.26% |
KrakenFlex Comparisons
Industry
Financing
Details
KrakenFlex Competitors (10)
One of KrakenFlex’s 10 competitors is Uplight, a Private Equity-Backed company based in Boulder, CO.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Uplight | Private Equity-Backed | Boulder, CO | ||||
| Clir | Venture Capital-Backed | Vancouver, Canada | ||||
| etalytics | Venture Capital-Backed | Darmstadt, Germany | ||||
| Powerley | Corporate Backed or Acquired | Royal Oak, MI | ||||
| AutoGrid | Private Equity-Backed | Redwood City, CA |
KrakenFlex Patents
KrakenFlex Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| GB-202410892-D0 | Event scheduling system using geospatial data | Pending | 25-Jul-2024 | ||
| GB-202410893-D0 | Event scheduling system using geospatial data with caching | Pending | 25-Jul-2024 | ||
| GB-202410894-D0 | Event scheduling system using geospatial data with travel time validation | Pending | 25-Jul-2024 | ||
| GB-202410895-D0 | Event scheduling system using geospatial coverage areas | Pending | 25-Jul-2024 | ||
| GB-202316103-D0 | Maritime craft | Pending | 20-Oct-2023 |
KrakenFlex Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
KrakenFlex Former Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Bulldog Innovation Group | Venture Capital | Minority | ||
| Christopher Joly | Angel (individual) | Minority | ||
| Department of Energy and Climate Change | Government | |||
| EIT Climate-KIC | Accelerator/Incubator | Minority | ||
| Government of UK | Government |
KrakenFlex Acquisitions (4)
KrakenFlex’s most recent deal was a Merger/Acquisition with Jedlix. The deal was made on 12-Jun-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Jedlix | 12-Jun-2024 | Merger/Acquisition | Other Utilities | ||
| Kwest (Business/Productivity Software) | 12-Jan-2024 | Merger/Acquisition | Business/Productivity Software | ||
| Sennen | 15-Dec-2023 | Merger/Acquisition | Business/Productivity Software | ||
| depsys | 01-Dec-2022 | Merger/Acquisition | Business/Productivity Software |
Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Sennen | Bristol, United Kingdom | 2015 |
KrakenFlex FAQs
-
When was KrakenFlex founded?
KrakenFlex was founded in 2013.
-
Where is KrakenFlex headquartered?
KrakenFlex is headquartered in London, United Kingdom.
-
What is the size of KrakenFlex?
KrakenFlex has 89 total employees.
-
What industry is KrakenFlex in?
KrakenFlex’s primary industry is Business/Productivity Software.
-
Is KrakenFlex a private or public company?
KrakenFlex is a Private company.
-
What is KrakenFlex’s current revenue?
The current revenue for KrakenFlex is .
-
How much funding has KrakenFlex raised over time?
KrakenFlex has raised $8.09M.
-
Who are KrakenFlex’s investors?
Bulldog Innovation Group, Christopher Joly, Department of Energy and Climate Change, EIT Climate-KIC, and Government of UK are 5 of 13 investors who have invested in KrakenFlex.
-
Who are KrakenFlex’s competitors?
Uplight, Clir, etalytics, Powerley, and AutoGrid are some of the 10 competitors of KrakenFlex.
-
When was KrakenFlex acquired?
KrakenFlex was acquired on 03-Nov-2020.
-
Who acquired KrakenFlex?
KrakenFlex was acquired by Octopus Energy.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
