![]() KrakenFlex 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. | ||
Founding Date | Founding Date 2000 | Founding Date 2014 |
Type | Type Public | Type Subsidiary |
Tags | ||
Locations | Locations Boston, US HQ Melbourne, AU Hallbergmoos, DE Bengaluru, IN Dublin, IE Galway, IE Tel Aviv Yafo, IL see more | Locations London, GB HQ |
Employees | Employees 2,6138% increase | Employees 190 |
Financial | ||
Revenue (est.) | Revenue (est.) $859.8m (FY, 2025) | Revenue (est.) £10.2m (FY, 2020) |
Cost of goods | Cost of goods $255m (FY, 2025) | Cost of goods £218k (FY, 2020) |
Gross profit | Gross profit $604.8m (FY, 2025) | Gross profit £9.9m (FY, 2020) |
Net income | Net income $23.4m (FY, 2025) | Net income £7.6m (FY, 2020) |
Funding | ||
Total funding raised | Total funding raised $ 120.9m | Total funding raised $ 8.2m |

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.
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