Kraken Technologies Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 2,145

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $4.03M

  • Investors
  • 15

Kraken Technologies General Information

Description

Developer of an artificial intelligence-enabled operating system designed to modernize utility operations and accelerate the energy transition. The company integrates customer management, asset optimization, and field operations into a unified cloud-based architecture, enabling energy, water, and telecommunications providers to automate supply chain processes and manage decentralized energy resources.

Contact Information

Website
www.kraken.tech
Formerly Known As
Upside Energy
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Venture Capital-Backed
Corporate Office
  • UK House, 4th Floor
  • 164-182 Oxford Street
  • London W1D 1NN
  • England, United Kingdom
Primary Industry
Business/Productivity Software
Other Industries
Water Utilities
Environmental Services (B2B)
Parent Company
Corporate Office
  • UK House, 4th Floor
  • 164-182 Oxford Street
  • London W1D 1NN
  • England, United Kingdom

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Kraken Technologies Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
28. Later Stage VC 22-Jul-2026 $4.03M Completed Generating Revenue
27. Later Stage VC 05-Jan-2026 Completed Generating Revenue
26. Later Stage VC 23-Apr-2025 Completed Generating Revenue
25. Accelerator/Incubator 01-Jan-2022 Completed Generating Revenue
24. Merger/Acquisition 03-Nov-2020 Completed Generating Revenue
23. Grant 01-Oct-2020 Completed Generating Revenue
22. Grant 01-Sep-2019 Completed Generating Revenue
21. Grant 01-Jan-2019 Completed Generating Revenue
20. Grant 18-Oct-2018 $9.1M Completed Generating Revenue
19. Grant 01-Sep-2018 $318K $9.1M Completed Generating Revenue
To view Kraken Technologies’s complete valuation and funding history, request access »

Kraken Technologies Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an artificial intelligence-enabled operating system designed to modernize utility operations and accelerate
Business/Productivity Software
London, United Kingdom
2,145 As of 2026

Darmstadt, Germany
 

Redwood City, CA
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Kraken Technologies Competitors (10)

One of Kraken Technologies’s 10 competitors is etalytics, a Venture Capital-Backed company based in Darmstadt, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
etalytics Venture Capital-Backed Darmstadt, Germany
AutoGrid Private Equity-Backed Redwood City, CA
Uplight Private Equity-Backed Boulder, CO
Clir Venture Capital-Backed Vancouver, Canada
Bidgely Venture Capital-Backed Los Altos, CA
You’re viewing 5 of 10 competitors. Get the full list »

Kraken Technologies Patents

Kraken Technologies Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-12749894-B1 Dynamic system for excess energy distribution Active 24-Jul-2025
GB-202410895-D0 Event scheduling system using geospatial coverage areas Pending 25-Jul-2024
GB-2642980-A Event scheduling system using geospatial coverage areas Pending 25-Jul-2024
WO-2026022728-A1 Event scheduling system using geospatial coverage areas Pending 25-Jul-2024
GB-202410892-D0 Event scheduling system using geospatial data Pending 25-Jul-2024 G06Q10/06311
To view Kraken Technologies’s complete patent history, request access »

Kraken Technologies Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Kraken Technologies Former Investors (15)

Investor Name Investor Type Holding Investor Since Participating Rounds
Bulldog Innovation Group Venture Capital Minority
Angel (individual) Minority
Climate KIC Accelerator/Incubator Minority
Department of Energy and Climate Change Government
Free Electrons Accelerator/Incubator
You’re viewing 5 of 15 investors. Get the full list »

Kraken Technologies Investments & Acquisitions (6)

Kraken Technologies’s most recent deal was a Joint Venture with Joint Venture (Kraken Technologies / Saudi Energy). The deal was made on 14-Apr-2026.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Joint Venture (Kraken Technologies / Saudi Energy) 14-Apr-2026 Joint Venture Distributors/Wholesale
Argentum AI 01-Oct-2025 Seed Round Business/Productivity Software
Jedlix 12-Jun-2024 Merger/Acquisition Other Utilities
Kwest (Business/Productivity Software) 12-Jan-2024 Merger/Acquisition Business/Productivity Software
Sennen Tech 15-Dec-2023 Merger/Acquisition Business/Productivity Software
You’re viewing 5 of 6 investments and acquisitions. Get the full list »

Kraken Technologies FAQs

  • When was Kraken Technologies founded?

    Kraken Technologies was founded in 2011.

  • Where is Kraken Technologies headquartered?

    Kraken Technologies is headquartered in London, United Kingdom.

  • What is the size of Kraken Technologies?

    Kraken Technologies has 2,145 total employees.

  • What industry is Kraken Technologies in?

    Kraken Technologies’s primary industry is Business/Productivity Software.

  • Is Kraken Technologies a private or public company?

    Kraken Technologies is a Private company.

  • What is Kraken Technologies’s current revenue?

    The current revenue for Kraken Technologies is .

  • How much funding has Kraken Technologies raised over time?

    Kraken Technologies has raised $1B.

  • Who are Kraken Technologies’s investors?

    Bulldog Innovation Group, , Climate KIC, Department of Energy and Climate Change, and Free Electrons are 5 of 15 investors who have invested in Kraken Technologies.

  • Who are Kraken Technologies’s competitors?

    etalytics, AutoGrid, Uplight, Clir, and Bidgely are some of the 10 competitors of Kraken Technologies.

  • When was Kraken Technologies acquired?

    Kraken Technologies was acquired on 22-Jul-2026.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more
  • 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