Origami Energy

The company has secured significant financial backing, raising a total of $81.6 million over four funding rounds from investors including Cambridge Innovation Capital, Octopus Ventures, Aggreko, and a Series C round led by Barclays. This capital has fueled the company's growth from customer trials to scalable commercial deployments of its core product. The business model is centered on a Software-as-a-Service (SaaS) platform. This platform provides technology for energy companies, asset owners, and operators of Battery Energy Storage Systems (BESS) to monitor, manage, and control a distributed network of energy assets in real-time. By not trading energy itself but rather providing the tools for others to do so, Origami acts as a marketplace facilitator for energy flexibility.

Origami's platform allows clients to analyze physical and financial data, offering actionable insights to optimize asset performance and maximize risk-adjusted returns. It enables participants to connect their assets—be it generation, storage, or demand-side response—to various value streams, from frequency response services to wholesale market trading. For BESS owners, the platform provides the high-resolution data and control necessary to participate in dynamic, fast-responding grid services. This capability is crucial as grid operators phase out older services in favor of more dynamic models, ensuring that clients' assets remain competitive and revenue-generating. The company has secured long-term partnerships, such as a 20-year SaaS contract with Ylem Energy, signaling a market shift towards prioritizing sophisticated data and software capabilities for managing energy assets over their entire lifecycle.