What Squeaky does

SQE Energy (formerly Squeaky Energy) is a UK-based energy supply platform founded in 2016 and headquartered in London. The company operates as an enterprise marketplace that connects large industrial and commercial (I&C) energy buyers directly with independent power generators, including Danske Commodities, Vitol, and Uniper, with 40 TWh of independent power aggregated through the marketplace. Named customers include Tarmac/CRH, Vodafone, David Lloyd Leisure, and Britvic, with verticalized go-to-market in EV charging and fleet transport, food manufacturing and cold chain, hospitality and food retail, and supermarkets and tier 1 retail.

The core technology is the SQEos Platform, described as the 'OS for industrial energy.' It operates in two modes: Wholesale Mode, which enables buyers to purchase power from the marketplace and sleeve into existing supply arrangements via baseload PPAs, pay-as-produced PPAs, firming, and REGOS; and Supply Mode, which provides a full energy supply service featuring AI-checked interval-level billing, real-time version-controlled reconciliation, real-time trade execution with multiple sellers, and integrated flexibility/DSR modeling that surfaces savings directly on customer bills. The platform is housed in a dedicated technology subsidiary, SQEos Technology Ltd.

SQE Energy Group Ltd. is the private holding entity, with three wholly-owned subsidiaries: SQE Energy Ltd. (energy supply), SQE Energy Trading Ltd. (trading), and SQEos Technology Ltd. (technology platform). Revenue is generated through energy supply contracts and marketplace facilitation fees under a quote-based enterprise pricing model. The company employs 11-50 staff, sells through direct enterprise field sales and a dedicated business energy broker channel, and targets procurement, finance, sustainability, C-suite, and broker buyers across UK large-energy-demand enterprises.

Name

Squeaky

Legal name

SQE Energy Group Ltd.

Website

https://squeaky.energy

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

SQE Energy (formerly Squeaky) is a UK-based marketplace platform that enables large industrial and commercial energy buyers to contract directly with independent power generators, serving enterprises such as Tarmac, Vodafone, David Lloyd Leisure, and Britvic.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Energy Supply Services: SQE operates as an energy supply platform for large businesses, enabling direct contracting with independent power generators. Revenue appears to be generated through energy supply contracts and marketplace facilitation fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Squeaky operates SQEos, a B2B energy supply platform that connects large industrial and commercial buyers with a marketplace of wholesale generators and flexibility providers. The platform is offered in two modes — Wholesale Mode (PPA procurement and short-term trading) and Supply Mode (full supply contracts) — supported by AI-checked interval billing, real-time reconciliation, and flexibility/DSR optimization.

Product overview

SQE (formerly Squeaky Energy) is an energy supply platform built exclusively for large industrial and commercial businesses. The offering consists of the core SQEos Platform as the central technology layer, supported by two operating modes: Wholesale Mode for direct marketplace purchasing with flexible PPA structures, and Supply Mode for complete supply switching with modern billing and reconciliation capabilities. The platform enables large businesses to contract directly with independent power generators, effectively serving as a marketplace that connects buyers with energy suppliers including Danske Commodities, Vitol, and Uniper.

Differentiator

Problem solved

Functional benefit

Products and services

• SQEos Energy Supply Platform SQEos is Squeaky's proprietary B2B energy supply platform that combines a wholesale trading marketplace with full supply capability for large industrial and commercial buyers. It provides AI-checked interval-level billing, real-time version-controlled reconciliation, real-time trade execution, and flexibility/DSR optimization, and is offered to customers in two operating modes: Wholesale Mode and Supply Mode.
• SQEos Wholesale Mode Wholesale Mode is the PPA-and-trading mode of the SQEos platform, allowing large energy buyers to procure power directly from generators and trade in short-term wholesale markets. It is targeted at large industrial and commercial customers seeking transparent, direct-from-market pricing and direct access to generators such as those on the Squeaky marketplace.
• SQEos Supply Mode Supply Mode is the full electricity supply offering delivered through the SQEos platform, providing large industrial and commercial customers with end-to-end supply contracts, transparent interval-level billing, and reconciliation accuracy. It is designed for organizations that want a technology-grade alternative to traditional Big-6 energy supply.

Quantifiable outcome

• 40 TWh of independent power available through the marketplace

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• Danske CommoditiescoreTechnology or IntegrationEnergy partner on the SQE marketplace platform. Provides independent power generation capacity to large industrial and commercial buyers through the SQE marketplace.
• VitolcoreTechnology or IntegrationEnergy partner on the SQE marketplace platform. One of the independent power generators available to large business buyers through the marketplace.
• UnipercoreTechnology or IntegrationEnergy partner on the SQE marketplace platform. Provides power generation capacity to the SQE marketplace for direct contracting with large industrial buyers.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Emerging players

• LevelTen Energy: Renewable energy and PPA marketplace platform connecting corporate buyers with project developers globally. Closely comparable to SQE's Wholesale Mode for baseload and pay-as-produced PPAs from independent generators.
• Limejump: UK-based flexibility and DSR platform aggregating distributed energy assets for trading on wholesale markets (acquired by Shell). Comparable to SQE's flexibility modelling and DSR capabilities from a technology-and-trading perspective.
• Lumenaza: German green energy supplier platform operating a marketplace model connecting renewable generators with end customers. Conceptually analogous to SQE's marketplace approach, but focused on the German/EU market and residential/SME buyers.
• Open Utility: UK-based peer-to-peer and local energy marketplace platform enabling direct matching between generators and consumers. An early-stage conceptual peer to SQE in marketplace-style energy matching, though at a smaller scale and different customer mix.

Broad incumbents

• EDF Energy (Business Customers): One of the UK's largest I&C electricity suppliers with deep relationships across large enterprise customers. A broad incumbent competitor offering full supply, PPAs, and decarbonization services versus SQE's marketplace model.
• Shell Energy Europe: Shell's B2B energy supply and trading business serving large commercial and industrial customers in the UK and Europe. A scaled incumbent with overlapping capabilities in supply, trading, and PPAs that competes with SQE across the I&C segment.
• Statkraft Markets: Europe's largest generator of renewable energy with a substantial energy trading desk supplying large industrial buyers across Europe. Comparable to SQE on the supply side, with overlap in baseload PPA origination and trading execution.

Direct peers

• Haven Power: UK I&C electricity supplier owned by Drax, supplying large business customers with flexible power contracts including PPAs. Closely comparable in target customer and product mix to SQE's Wholesale and Supply modes.
• SmartestEnergy: UK-based independent supplier specializing in renewable power and gas for industrial and commercial customers, with a strong focus on PPAs and large-energy buyers. Directly competes with SQE in the UK I&C supply and PPA market.
• Octopus Energy for Business: Octopus's B2B arm supplies SMEs through to large I&C buyers in the UK with technology-led, transparent pricing and renewable tariffs. Competes head-on with SQE in technology-driven I&C supply, though at a broader scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Squeaky_Energy
• Facebookfacebook.com/squeaky.energy
• LinkedInlinkedin.com/company/sqe-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Squeaky