Craft

KrakenFlex

Revenue

£10.2 M

FY, 2020

KrakenFlex Summary

Company Summary

Overview
KrakenFlex (formerly Upside Energy) is a company developing a cloud-based platform that controls distributed energy assets with machine learning and artificial intelligence to match supply and demand. It connects devices from commercial, industrial, and domestic sites, including battery storage systems, electric vehicle charge points, UPS, and heating and cooling systems. The company caters to energy traders, retailers, asset owners, etc.
Type
Subsidiary
Status
Active
Founded
2014
HQ
London, GB | view all locations
Website
https://www.krakenflex.com/
Cybersecurity rating
Sectors

Key People

  • Devrim Celal

    Devrim Celal, Chief Executive Officer

  • Matthew Wapples

    Matthew Wapples, Director, Global - Sales & Account Management

  • Rebecca Mahoney

    Rebecca Mahoney, Director of Programme Delivery

  • Andy Molineux

    Andy Molineux, Development Director, Co-Founder

LocationsView all

1 location detected

  • London, England HQ

    United Kingdom

    5th Floor, United Kingdom House, 164-182 Oxford St

KrakenFlex Financials

Summary Financials

Revenue (FY, 2020)
£10.2M
Gross profit (FY, 2020)
£9.9M
Net income (FY, 2020)
£7.6M
Cash (FY, 2020)
£5.4M
EBIT (FY, 2020)
£9.4M

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