Oxford-based cloud technology business Seaglass has announced its best-ever year-on-year revenue growth in 2024, with a 45 per cent increase.
Launched in 2017 by a team of utility experts with over 20 years of experience in the energy industry, Seaglass identified a gap in the market for billing and back-end systems tailored to the specific needs of niche energy suppliers.
The company, which provides a suite of key technology software solutions designed for energy and utility companies across the UK, attributes its success to new clients, including energy supplier 100Green, and the development of new products with no legacy issues for existing clients.
Seaglass, which has offices in central Oxford, now employs 12 technology and utility experts and plans to expand its team in the coming months. Its team of experts enables it to work closely with businesses, supporting them through the complexities of entering the UK energy market.
Daniel Maitland, Managing Director of Seaglass, said: “We’ve been demonstrating steady growth since we first entered the market, but 2024 was a great year for the business, as more and more UK energy retailers looked to us to provide the right technology systems for their business. We now support over five utilities across the UK and Ireland and are looking to continue our growth in 2025. We’ve got big ambitions for the future.”
Image source: Seaglass (Daniel Maitland, Managing Director)
