Octopus Group
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Octopus Capital Limited, trading as Octopus Group, is a privately held United Kingdom based
holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
founded in 2000 by Simon Rogerson, Christopher Hulatt and Guy Myles as a fund management company. Through its subsidiaries, it operates in the
investment management Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as r ...
,
venture capital Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...
, energy, and real estate industries. As of December 2019, Octopus Group has more than 1.5 million customers and manages more than £12bn on behalf of its investors.


Businesses


Octopus Energy

Octopus Energy was established in 2015 as a retail electricity and gas supplier in the UK, and by December 2019, had over 1.35 million domestic and business customers. Under the Octopus Energy Group brand, it has expanded into energy for business and energy services, and licences its customer handling software to other energy suppliers.


Octopus Energy Generation

Octopus Energy Generation owns and manages
renewable energy Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind pow ...
production, particularly in
solar Solar may refer to: Astronomy * Of or relating to the Sun ** Solar telescope, a special purpose telescope used to observe the Sun ** A device that utilizes solar energy (e.g. "solar panels") ** Solar calendar, a calendar whose dates indicate t ...
and onshore
wind Wind is the natural movement of atmosphere of Earth, air or other gases relative to a planetary surface, planet's surface. Winds occur on a range of scales, from thunderstorm flows lasting tens of minutes, to local breezes generated by heatin ...
. According to its own website, it is one of the largest owners of
renewable energy Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind pow ...
infrastructure Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and pri ...
in Europe, with £3bn of assets under management. Previously a separate entity within Octopus Group, the company was acquired by Octopus Energy in July 2021. Octopus Energy Generation is the manager of Octopus Renewables Infrastructure Trust, an investment fund which was floated on the London Stock Exchange in December 2019.


Octopus Inheritance Tax Service

Octopus Inheritance Tax Service provides investors a possibility to purchase shares of one or more unquoted UK companies that are contributing to the UK economy growth. Notable investments include Fern Trading Ltd., a £2.8 billion trading company with a concentration on short-term loans to seasoned real estate professionals, as well as the development and management of fiber broadband in underserved areas. In 2020,
Vorboss Vorboss is a company owned by Fern Trading Ltd, headquartered in Broadgate, London, England. The company provides communications infrastructure services, including fibre and bandwidth connectivity to business customers. It was established in 2006 ...
was added to Fern's portfolio of UK broadband network builders, getting £250m in funding.


Octopus Money

Octopus Money was launched in 2023 to offer money coaching and advice to consumers, often through the individual's employer. The business is run by Ruth Handcock, who joined Octopus Investments from Tandem Bank in 2018. The launch of the brand followed the purchase of Hatch Financial Coaching in 2021, and replaced Octopus Wealth, a financial advice business announced in 2018.


Octopus Investments

Octopus Investments is an
investment management Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as r ...
company which manages a number of
investment funds An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages inc ...
, with some structured as venture capital trusts (VCTs). In 2019, Octopus Investments was the first VCT manager to exceed £1bn of assets managed within its funds. One VTC – Octopus Future Generations VCT – invests in businesses that are helping to build a
sustainable Sustainability is a social goal for people to co-exist on Earth over a long period of time. Definitions of this term are disputed and have varied with literature, context, and time. Sustainability usually has three dimensions (or pillars): env ...
planet, empower people, or revitalize
healthcare Health care, or healthcare, is the improvement or maintenance of health via the preventive healthcare, prevention, diagnosis, therapy, treatment, wikt:amelioration, amelioration or cure of disease, illness, injury, and other disability, physic ...
.


Octopus Ventures

Octopus Ventures is a
venture capital Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...
fund with £1.2bn of funds under management. Notable Octopus Ventures investments include
SwiftKey Microsoft SwiftKey is a virtual keyboard app originally developed by TouchType for Android and iOS devices. It was first released for Android in July 2010, followed by an iOS release in September 2014 after Apple's implementation of third-p ...
, Eve Sleep, ManyPets (formerly known as Bought By Many),
LoveFilm LoveFilm was a United Kingdom–based provider of DVD-by-mail and streaming video on demand in the United Kingdom, Sweden, Norway, Denmark and Germany. Acquired by Amazon.com in 2011, the service had reached 2 million subscribers. It claimed o ...
, Graze, and Zoopla.


Octopus Real Estate

Octopus Real Estate (formerly known as Octopus Property) provides finance and investment for care homes, retirement villages, affordable housing, and residential & commercial properties. It was formed in 2019 by the merger of two existing businesses, Octopus Property and Octopus Healthcare, and had £2bn of funds under management in 2019.


Octopus Legacy

Octopus Legacy provides services for people to plan for their death (will writing, life insurance, power of attorney) as well as
probate In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the e ...
and deceased estate management. The business was founded as Guardian Angel in 2016 by Sam Grice, and Octopus Investments acquired a majority stake in 2022.


References


External links

* {{Authority control Holding companies of the United Kingdom British companies established in 2000 Asset management companies