Kraken valuation, funding and investors
Kraken works in AI-Powered utility operating system development, based in London, United Kingdom. Founded in 2019, it has about 2,190 employees.
- Last round
- Growth · $1.00B · Jan 2026
- Valuation at last round
- $8.65B
- Headcount
- 2,194 · up
- Grade
- A
- Founded
- 2019
Kraken valuation today
VCMC values Kraken at $9.6B today, with a range of $7.5B to $11.3B and a grade of A. The valuation starts from its last funding round, a growth round in Jan 2026.
Valuation by date (96 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2019 | $7.63M | $2.78M – $21.0M | $9.43M (+24%) | before first round | – | unknown | D | 0% |
| 1 Feb 2019 | $7.84M | $2.85M – $21.5M | $9.52M (+21%) | before first round | – | unknown | D | 0% |
| 1 Mar 2019 | $8.03M | $2.92M – $22.1M | $9.60M (+19%) | before first round | – | unknown | D | 0% |
| 1 Apr 2019 | $8.25M | $3.00M – $22.7M | $9.69M (+17%) | before first round | – | unknown | D | 0% |
| 1 May 2019 | $8.47M | $3.08M – $23.3M | $9.77M (+15%) | before first round | – | unknown | D | 0% |
| 1 Jun 2019 | $8.70M | $3.17M – $23.9M | $9.86M (+13%) | before first round | – | unknown | D | 0% |
| 1 Jul 2019 | $8.93M | $3.25M – $24.5M | $9.95M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2019 | $9.02M | $3.28M – $24.8M | $10.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2019 | $9.10M | $3.31M – $25.0M | $10.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2019 | $9.18M | $3.34M – $25.2M | $10.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2019 | $9.27M | $3.37M – $25.5M | $10.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2019 | $9.35M | $3.40M – $25.7M | $10.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2020 | $9.43M | $3.43M – $25.9M | $10.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $9.52M | $3.47M – $26.2M | $10.6M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $9.60M | $3.50M – $26.4M | $10.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $9.69M | $3.53M – $26.6M | $10.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $9.78M | $3.56M – $26.9M | $10.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $9.87M | $3.59M – $27.1M | $11.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $9.95M | $3.62M – $27.3M | $11.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $10.0M | $3.66M – $27.6M | $11.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $10.1M | $3.69M – $27.8M | $11.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $10.2M | $3.72M – $28.1M | $11.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2020 | $10.3M | $3.76M – $28.4M | $11.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2020 | $10.4M | $3.79M – $28.6M | $11.6M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2021 | $10.5M | $3.83M – $28.9M | $11.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2021 | $10.6M | $3.86M – $29.1M | $11.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2021 | $10.7M | $3.89M – $29.4M | $11.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2021 | $10.8M | $3.93M – $29.6M | $12.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2021 | $10.9M | $3.96M – $29.9M | $12.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2021 | $11.0M | $4.00M – $30.2M | $12.1M (+10%) | before first round | – | unknown | D | 0% |
| 1 Jul 2021 | $11.1M | $4.03M – $30.4M | $12.2M (+10%) | before first round | – | unknown | D | 0% |
| 1 Aug 2021 | $11.2M | $4.07M – $30.7M | $12.3M (+10%) | before first round | – | unknown | D | 0% |
| 1 Sep 2021 | $11.3M | $4.11M – $31.0M | $12.4M (+10%) | before first round | – | unknown | D | 0% |
| 1 Oct 2021 | $11.4M | $4.15M – $31.3M | $12.5M (+10%) | before first round | – | unknown | D | 0% |
| 1 Nov 2021 | $11.5M | $4.18M – $31.6M | $12.6M (+10%) | before first round | – | unknown | D | 0% |
| 1 Dec 2021 | $11.6M | $4.22M – $31.8M | $12.7M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jan 2022 | $11.7M | $4.26M – $32.1M | $12.8M (+9%) | before first round | – | unknown | D | 0% |
| 1 Feb 2022 | $11.8M | $4.29M – $32.4M | $12.9M (+9%) | before first round | – | unknown | D | 0% |
| 1 Mar 2022 | $11.9M | $4.32M – $32.6M | $13.0M (+9%) | before first round | – | unknown | D | 0% |
| 1 Apr 2022 | $12.0M | $4.35M – $32.8M | $13.1M (+9%) | before first round | – | unknown | D | 0% |
| 1 May 2022 | $12.0M | $4.39M – $33.1M | $13.2M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jun 2022 | $12.1M | $4.42M – $33.3M | $13.3M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jul 2022 | $12.2M | $4.45M – $33.6M | $13.4M (+9%) | before first round | – | unknown | D | 0% |
| 1 Aug 2022 | $12.3M | $4.48M – $33.8M | $13.5M (+9%) | before first round | – | unknown | D | 0% |
| 1 Sep 2022 | $12.4M | $4.52M – $34.1M | $13.6M (+9%) | before first round | – | unknown | D | 0% |
| 1 Oct 2022 | $12.5M | $4.55M – $34.3M | $13.6M (+9%) | before first round | – | unknown | D | 0% |
| 1 Nov 2022 | $12.6M | $4.58M – $34.6M | $13.8M (+9%) | before first round | – | unknown | D | 0% |
| 1 Dec 2022 | $12.7M | $4.62M – $34.8M | $13.9M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jan 2023 | $12.8M | $4.65M – $35.1M | $14.0M (+9%) | before first round | – | unknown | D | 0% |
| 1 Feb 2023 | $12.9M | $4.69M – $35.4M | $14.1M (+9%) | before first round | – | unknown | D | 0% |
| 1 Mar 2023 | $13.0M | $4.72M – $35.6M | $14.2M (+9%) | before first round | – | unknown | D | 0% |
| 1 Apr 2023 | $13.1M | $4.75M – $35.9M | $14.3M (+9%) | before first round | – | unknown | D | 0% |
| 1 May 2023 | $19.6M | $7.13M – $53.8M | $21.4M (+9%) | before first round | 190 | unknown | D | 0% |
| 1 Jun 2023 | $19.7M | $7.19M – $54.2M | $21.6M (+9%) | before first round | 190 | unknown | D | 0% |
| 1 Jul 2023 | $19.9M | $7.24M – $54.6M | $21.7M (+9%) | before first round | 190 | unknown | D | 0% |
| 1 Aug 2023 | $20.0M | $7.29M – $55.0M | $21.7M (+8%) | before first round | 190 | unknown | D | 0% |
| 1 Sep 2023 | $20.2M | $7.35M – $55.4M | $21.7M (+8%) | before first round | 190 | unknown | D | 0% |
| 1 Oct 2023 | $20.3M | $7.40M – $55.8M | $21.7M (+7%) | before first round | 190 | unknown | D | 0% |
| 1 Nov 2023 | $31.3M | $13.4M – $62.1M | $33.2M (+6%) | before first round | 350 | growing | C | 0% |
| 1 Dec 2023 | $31.5M | $13.5M – $62.5M | $33.2M (+5%) | before first round | 350 | growing | C | 0% |
| 1 Jan 2024 | $31.7M | $13.6M – $63.0M | $33.2M (+5%) | before first round | 350 | growing | C | 0% |
| 1 Feb 2024 | $32.0M | $13.7M – $63.5M | $33.2M (+4%) | before first round | 350 | growing | C | 0% |
| 1 Mar 2024 | $32.2M | $13.8M – $63.9M | $33.2M (+3%) | before first round | 350 | growing | C | 0% |
| 1 Apr 2024 | $36.7M | $15.7M – $73.0M | $37.6M (+2%) | before first round | 760 | growing | C | 0% |
| 1 May 2024 | $37.0M | $15.8M – $73.5M | $37.6M (+1%) | before first round | 760 | growing | C | 0% |
| 1 Jun 2024 | $37.3M | $16.0M – $74.0M | $37.6M (+1%) | before first round | 760 | growing | C | 0% |
| 1 Jul 2024 | $37.6M | $16.1M – $74.6M | $37.6M (0%) | before first round | 760 | growing | C | 0% |
| 1 Aug 2024 | $39.9M | $17.1M – $79.2M | $41.0M (+3%) | before first round | 1,100 | growing | C | 0% |
| 1 Sep 2024 | $39.9M | $17.1M – $79.2M | $42.1M (+6%) | before first round | 1,100 | growing | C | 0% |
| 1 Oct 2024 | $39.9M | $17.1M – $79.2M | $43.3M (+9%) | before first round | 1,100 | growing | C | 0% |
| 1 Nov 2024 | $39.9M | $17.1M – $79.2M | $44.5M (+12%) | before first round | 1,100 | growing | C | 0% |
| 1 Dec 2024 | $41.0M | $17.5M – $81.3M | $47.4M (+16%) | before first round | 1,300 | growing | C | 0% |
| 1 Jan 2025 | $41.0M | $17.5M – $81.3M | $48.8M (+19%) | before first round | 1,300 | growing | C | 0% |
| 1 Feb 2025 | $41.0M | $17.5M – $81.3M | $50.3M (+23%) | before first round | 1,300 | growing | C | 0% |
| 1 Mar 2025 | $41.0M | $17.5M – $81.3M | $51.7M (+26%) | before first round | 1,300 | growing | C | 0% |
| 1 Apr 2025 | $41.0M | $17.5M – $81.3M | $53.2M (+30%) | before first round | 1,300 | growing | C | 0% |
| 1 May 2025 | $41.0M | $17.5M – $81.3M | $54.8M (+34%) | before first round | 1,300 | growing | C | 0% |
| 1 Jun 2025 | $41.0M | $17.5M – $81.3M | $56.4M (+38%) | before first round | 1,300 | growing | C | 0% |
| 1 Jul 2025 | $41.0M | $17.5M – $81.3M | $58.1M (+42%) | before first round | 1,300 | growing | C | 0% |
| 1 Aug 2025 | $44.1M | $18.7M – $88.7M | $65.2M (+48%) | before first round | 1,689 | growing | C | 0% |
| 1 Sep 2025 | $45.8M | $19.1M – $93.2M | $67.8M (+48%) | before first round | 1,726 | growing | C | 0% |
| 1 Oct 2025 | $47.3M | $19.5M – $97.4M | $70.1M (+48%) | before first round | 1,726 | growing | C | 0% |
| 1 Nov 2025 | $49.4M | $20.2M – $103M | $73.8M (+49%) | before first round | 1,817 | growing | C | 0% |
| 1 Dec 2025 | $51.5M | $20.8M – $109M | $77.3M (+50%) | before first round | 1,880 | growing | C | 0% |
| 1 Jan 2026 | $53.3M | $21.2M – $114M | $80.0M (+50%) | before first round | 1,880 | growing | C | 0% |
| 6 Jan 2026 | $8.7B | $7.5B – $10.9B | $9.5B (+10%) | after a round | 1,880 | growing | A | 0% |
| 1 Feb 2026 | $8.7B | $7.5B – $10.9B | $9.5B (+9%) | after a round | 1,880 | growing | A | 0% |
| 1 Mar 2026 | $8.8B | $7.5B – $11.1B | $9.6B (+10%) | after a round | 1,995 | growing | A | 0% |
| 1 Apr 2026 | $8.9B | $7.5B – $11.1B | $9.6B (+9%) | after a round | 1,995 | growing | A | 0% |
| 1 May 2026 | $9.0B | $7.5B – $11.1B | $9.6B (+8%) | after a round | 1,995 | growing | A | 0% |
| 1 Jun 2026 | $9.1B | $7.5B – $11.2B | $9.7B (+7%) | after a round | 2,089 | up | A | 0% |
| 1 Jul 2026 | $9.2B | $7.5B – $11.2B | $9.7B (+6%) | after a round | 2,089 | up | A | 0% |
| 1 Aug 2026 | $9.3B | $7.5B – $11.3B | $9.8B (+5%) | after a round | 2,137 | up | A | 0% |
| 1 Sep 2026 | $9.4B | $7.5B – $11.3B | $9.8B (+4%) | after a round | 2,159 | up | A | 0% |
| 1 Oct 2026 | $9.5B | $7.5B – $11.3B | $9.8B (+3%) | after a round | 2,194 | up | A | 0% |
| 24 Oct 2026 | $9.6B | $7.5B – $11.3B | $9.8B (+3%) | after a round | 2,194 | up | A | 0% |
Key facts about Kraken
- Founded
- 2019
- Headquarters
- London, United Kingdom
- Employees
- about 2,190 +21% in a year
- Total raised
- $1.00B
- Funding rounds
- 1
- Last round
- Growth Equity Jan 2026
Kraken was founded in 2019 by James Eddison.
Kraken funding history
Kraken has 1 funding round on record, from Jan 2026 to Jan 2026, $1.00B in total. The latest disclosed valuation is $8.65B post-money (Growth Equity, Jan 2026).
Growth Equity 5 Jan 2026
Led by D1 Capital Partners; with Ontario Teachers’ Pension Plan, Fidelity International, Durable Capital Partners, Octopus Capital.
Sources: techstartups.com, finsmes.com, insidermedia.com and 1 more
$1.00B
$8.65B post-money
Kraken investors
5 investors have backed Kraken; D1 Capital Partners led at least one round.
- D1 Capital Partners lead
- Durable Capital Partners
- Fidelity International
- Ontario Teachers’ Pension Plan
What Kraken does
Kraken works in tech companies, with 14 recorded offerings and customers in utilities, energy, water and telecommunications.
Kraken Technologies Limited is a British software company that develops and provides an operating system for utilities and the energy sector. The company offers AI-powered solutions for customer management, field operations, and infrastructure flexibility, supporting energy supply chain automation. Kraken also operates as an information services provider and utility contractor, serving distribution, retail, water, and telecommunications utilities in over 30 countries. The company is SOC 1 Type 2 and SOC 2 Type 2 certified.
Description from Veridion's company data.
Products and services
- AI-Powered Utility Operating System Development
- Energy Resource Optimization Solutions
- Customer Management Platform Development
- Residential and Generation Flexibility Solutions
- Field Operations Management Solutions
- Infrastructure Flexibility Solutions
- AI and Machine Learning Services
- Utility Sector Software Integration
- Water Utility Software Solutions
- Telecommunications Utility Software Solutions
- Device Connectivity Solutions
- Large-Scale Utility Migration Services
- Sustainability and Compliance Consulting
- Business Growth and Efficiency Consulting
Markets
- Utilities
- Energy
- Water
- Telecommunications
Technology
- AI-Powered Customer Management
- AI-Powered Generation Flexibility
- AI-Powered Field Operations
- AI-Powered Infrastructure Flexibility
- AI-Powered Energy Supply Chain Automation
Certifications
- SOC 1 Type 2
- SOC 2 Type 2
Business model
- Business-to-Business
- Software-as-a-Service
- Enterprise
Industry codes (NAICS)
- 513210 Software Publishers 100% match
Questions about Kraken
What is Kraken worth?
Valuation $9.6B (range $7.5B to $11.3B), as of 24 Oct 2026. The last disclosed valuation was $8.65B (Growth Equity, Jan 2026).
Has Kraken raised money?
Kraken has 1 funding round on record, from Jan 2026 to Jan 2026, $1.00B in total. The latest disclosed valuation is $8.65B post-money (Growth Equity, Jan 2026).
Who has invested in Kraken?
D1 Capital Partners, Durable Capital Partners, Fidelity International, Octopus Capital and Ontario Teachers’ Pension Plan. Lead investors include D1 Capital Partners.
How many people work at Kraken?
About 2,190, up 21% over the last year. Headcount grew from 190 in Apr 2023 to 2,194 in Sep 2026.
What does Kraken do?
Kraken works in tech companies, with 14 recorded offerings and customers in utilities, energy, water and telecommunications. Its main offerings are AI-Powered utility operating system development, energy resource optimization solutions and customer management platform development.
When was Kraken founded, and where is it based?
Kraken was founded in 2019 and is based in London, United Kingdom. It has about 2,190 employees, up 21% over the last year.