Origami Energy
2023 Revenue
$23.1M
Funding
$0
Team
161
Founded
2013
How Origami Energy CEO Peter Bance grew to $23.1M revenue with a 161 person team in 2023.
Origami Energy is a forward-thinking technology company on a mission to craft a real-time marketplace for the distributed energy world. Recognizing the growing global demand for electricity, Origami Energy emphasizes the importance of proactive management of existing energy assets and their flexibility. This approach is designed to mitigate the need for substantial investments in generation and distribution networks.
The concept of energy flexibility, defined as the capability of an energy asset to be adjusted in terms of output or operation (turning up/down or on/off), is gaining importance. This flexibility is crucial for the balance of electricity systems globally, particularly as the energy mix evolves to include more inflexible and intermittent renewable sources. Origami Energy has developed sophisticated, versatile, and secure technology solutions to unlock the value of this energy flexibility in real-time. These innovations facilitate the cost-efficient integration of new renewable energy sources into electricity systems, enable flexibility providers to realize improved financial returns from their assets, and empower flexibility users to engage in more effective buying, selling, and trading activities.
Origami Energy's business model revolves around forming strategic partnerships with energy suppliers and traders. Additionally, the company offers fully funded, turnkey energy storage solutions aimed at reducing energy bills, creating new income opportunities, and enhancing energy security for its clients. Designed with a global perspective, Origami's technology has been tested and has demonstrated commercial viability, particularly in the highly deregulated UK energy market.
For more information about how Origami Energy is innovating in the distributed energy sector, visit their website at www.origamienergy.com.
Last updated
Origami Energy Revenue
In 2023, Origami Energy's revenue reached $23.1M. Since its launch in 2013, Origami Energy has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2023 | Origami Energy Hit $23.1m revenue in December 2023 | |
| 2013 | Launched with $0 revenue |
Origami Energy Valuation, Funding Rounds
Origami Energy is a bootstrapped SaaS startup. Founded in 2013, Origami Energy has grown to $23.1M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, Origami Energy has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Origami Energy yet.
Origami Energy Employees & Team Size
Origami Energy employs approximately 161 people as of 2026, up from 93 in 2022.
| Year | Milestone |
|---|---|
| 2023 | Reached 161 employees (December 2023) |
| 2022 | Reached 93 employees (December 2022) |
Frequently Asked Questions about Origami Energy
What is Origami Energy's revenue?
Origami Energy generates $23.1M in revenue.
Who founded Origami Energy?
Origami Energy was founded by Peter Bance.
Who is the CEO of Origami Energy?
The CEO of Origami Energy is Peter Bance.
How much funding does Origami Energy have?
Origami Energy raised $0.
How many employees does Origami Energy have?
Origami Energy has 161 employees.
Where is Origami Energy headquarters?
Origami Energy is headquartered in Cambridge, United Kingdom.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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