Kraken
Kraken builds AI-powered operating systems for energy utilities, water, and telecom companies. The London-based company has raised $1 billion and employs over 2,100 people.
The growth story
Kraken grew from 223 to 2,162 employees between 2022 and 2026, raising $1.0B along the way, most recently a Corporate Round in April 2026.
About
Kraken sells software that helps utility companies manage operations, improve customer service, and develop new products. Its systems are used by energy, water, and telecom providers.
The company has grown rapidly since its 2019 founding, reaching a $1 billion funding milestone in 2026. Its workforce exceeds 2,100 employees, making it one of the larger players in utility software.
Founders and leadership
Engineering is Kraken's largest function with 159 employees. The company has a relatively young workforce, with a median tenure of just one year.
The Kraken org chart
Amir Orad (Chief Executive Officer) leads 60 mapped leaders with 12 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 1,096 (+11% YoY), Operations 285 (+58% YoY), Product Management 138 (+21% YoY), Information Technology 136 (+24% YoY), Business Development 77 (+31% YoY), Sales 47 (+38% YoY).
Talent flow
Kraken hires heavily from Octopus Energy, which accounts for 53 of its employees. Other top sources include EY, Oracle, and IBM. Many alumni return to Octopus Energy or move to financial firms like Monzo and JPMorgan Chase.
Most common previous employers of Kraken staff: Octopus Energy (53), EY (19), Oracle (18), Andersen Consulting (15), IBM Global Business Services (14), Opower (14). Former Kraken employees most often moved to Octopus Energy (48), Monzo Bank (5), JPMorgan Chase & (2), Amazon.com (2), Bain & Company (2), Coinbase (2).
Alumni worth knowing
The Kraken mafia
Kraken alumni have founded nine companies, including Kupa Global and Venus Pharma. Several startups have reached double-digit employee counts.
9Georgina Fleming, was Board Observer & Investor until 2020Joel Tomas Pimentel, was Product & strategy until 2024Ollie Darby, was Software Engineer until 2023Monne Depraetere, was Consultant until 2017Shaun Roberts, was Director, Talent & People until 2020
Rita Desmyter, was Head of Sales (Global) – Asset Management Software BU until 2025
Leonardo Gregianin, was Software Developer until 2024Hiring now
Web traffic
Traffic mix: 42% direct, 36% search, 9% social, 0% paid.
What this company is made of
Most common skills at Kraken: Python (Programming Language) (1,003), SQL (701), JavaScript (648), Project Management (616), Git (546), Amazon Web Services (AWS) (546), Microsoft Office (531), Leadership (475).
Where the team actually sits
Kraken people are concentrated in England, United Kingdom (152), United Kingdom (52), Tokyo, Japan (28), New York, United States (27).
Search footprint
Kraken attracts about 1,458 organic search visits a month, traffic worth roughly $3K a month if bought through ads. It gained 211 ranking keywords and lost 112 in the last period.
What employees say
- Compensation
- 3.80 / 5
- Career opportunities
- 4.10 / 5
- Senior management
- 3.80 / 5
- Work-life balance
- 4.50 / 5
Frequently asked
Kraken has 2,162 employees as of September 2026.
Kraken has raised $1.0B in total, most recently a Corporate Round round in April 2026.
Kraken was founded in 2019 by Andrew Molineux, Matthew Potts.
Amir Orad (Chief Executive Officer) sits at the top of Kraken's reporting structure, with 12 direct reports.
The most common previous employers of current Kraken staff are Octopus Energy (53 people), EY (19 people), Oracle (18 people).
Former Kraken employees most often move to Octopus Energy (48), Monzo Bank (5), JPMorgan Chase & (2).
At least 9 companies have a founder who previously worked at Kraken, including Kupa Global, Venus Pharma, Selfin (YC F25).
Kraken attracts about 1,458 organic search visits a month, worth roughly $3K a month in equivalent ad spend.
The most common skills among Kraken staff are Python (Programming Language), SQL, JavaScript, Project Management, Git.
Kraken staff are concentrated in England, United Kingdom (152), United Kingdom (52), Tokyo, Japan (28).
Kraken has about 1,096 people in Engineering, up 11% over the past year, as of September 2026.
Kraken has about 285 people in Operations, up 58% over the past year, as of September 2026.
Computed from 593 current and 356 former Kraken profiles, as of September 2026. Source: Crustdata.
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