KrakenFlex logo — Empowering real-time management and optimization of distribu...

KrakenFlex

Empowering real-time management and optimization of distributed energy resources for utilities and network operators at scale.

Founded 2013 Series A Total: $6.20M Energy, Energy Efficiency

General Information

Company Name KrakenFlex
Founded Year 2013
Industries Energy, Energy Efficiency
Funding Stage Series A
Social

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About KrakenFlex

KrakenFlex, founded in 2013, stands at the intersection of Energy and Energy Efficiency. It is renowned for its advanced technology that empowers the real-time management and optimization of distributed energy resources (DERs) for major utilities and network operators. The company's cutting-edge solutions enable efficient monitoring and management of DERs at scale.

With the slogan, "Empowering real-time management and optimization of distributed energy resources for utilities and network operators at scale," KrakenFlex has been strategically positioned to address critical challenges in energy distribution and efficiency. As the demand for sustainable energy solutions grows, KrakenFlex offers substantial value by ensuring the seamless and efficient operation of energy networks.

The company attracted significant investor interest, evidenced by a £5.50M Series A investment on 22 December 2017, led by investors including Bulldog Innovation Group, Modern Energy Management, SystemiQ, and Legal & General. This funding underscores strong investor confidence in KrakenFlex's potential and innovative approach to energy resource management.

Business keywords: Real-time management, Distributed energy resources, Energy optimization, Utilities solutions, Network operators, Energy monitoring, Distribution network management, Scalable technology, Energy traders, Energy generators, Resource optimization, DER management, Energy sector technology, Advanced energy solutions

Services & Products

AI-powered operating systems for utilities
Customer management platforms
Field operations enhancement
Residential and C&I energy flexibility
Infrastructure flexibility optimization

Target Customers

Distribution utilities Retail utilities Water utilities Residential energy users Commercial and industrial (C&I) clients

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A £5.50M 4
Bulldog Innovation Group, Modern Energy Management +2
22 Dec 2017
Grant £150.00K -
13 Apr 2017
Seed Round £545.00K 2
Ian Marchant, Chris Joly
21 Apr 2016

KrakenFlex Alternatives & Competitors

View All Alternatives
KrakenFlex vs
Hark
Hark United Kingdom

Improve efficiency, maximise yield, reduce waste. Industrial IoT and Energy Management Platform.

41 employees
Analytics, Energy
KrakenFlex vs

Smart Solutions for Smart Grids

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5 employees
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KrakenFlex vs
Arloid Automation
Arloid Automation United Kingdom

the ultimate AI solution for energy saving (AI for real estate)

Pre-Seed
39 employees
AI, Energy

FAQ About KrakenFlex

Empowering real-time management and optimization of distributed energy resources for utilities and network operators at scale.
KrakenFlex was founded in 2013.
KrakenFlex operates in Energy and Energy Efficiency. Its work centres on Real-time management, Distributed energy resources, Energy optimization and Utilities solutions. Its customers include Distribution utilities, Retail utilities and Water utilities.
KrakenFlex has completed 3 funding rounds, raising a total of $6.20M. The latest funding stage is Series A.
KrakenFlex offers: AI-powered operating systems for utilities, Customer management platforms, Field operations enhancement, Residential and C&I energy flexibility, Infrastructure flexibility optimization.
Top alternatives and competitors to KrakenFlex include Hark, gridhound GmbH, Arloid Automation, Voltus, Gradyent. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
KrakenFlex and Hark are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for KrakenFlex, https://bouncewatch.com/company/krakenflex, updated 18 August 2025. When citing, please name BounceWatch and link this page.

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