Startup · United States
Base Power
HQ Austin, United StatesFounded 2023
Base Power Company is revolutionizing home energy services in Texas by offering an integrated solution that combines whole-home battery backup systems with affordable electricity plans. For a minimal setup fee and an annual membership, homeowners receive a 25-50 kWh battery system, ensuring uninterrupted power during outages and reducing reliance on the grid. By acting as both the energy provider and backup power source, Base Power delivers fixed, transparent rates and enhances grid stability through its innovative energy management platform. This approach not only provides peace of mind to homeowners but also contributes to a more resilient and efficient energy infrastructure.
Funding4 rounds · ~$2.27B
- Disclosed
- ~$2.27B
- Latest
- $1.00BSeries D · Aug 3, 2026
| Announced | Stage | Valuation | Basis |
|---|---|---|---|
| Oct 8, 2025 | Series C | $4.00B | Post-money |
| Aug 3, 2026 | Series D | $13.00B | Post-money |
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Aug 3, 2026 | Series D | $1.00B | $13.00B | Addition, JPMorganChase, Ribbit Capital, Valor Equity Partners | Altimeter Capital, Andreessen Horowitz, CapitalG, Coatue Management, D1 Capital Partners, Energy Impact Partners, Lightspeed Venture Partners, Sands Capital Ventures, Thrive Capital, Trust Ventures | Confirmed |
| Oct 8, 2025 | Series C | $1.00B | $4.00B | Addition | Andreessen Horowitz, CapitalG, Elad Gil, Lightspeed Venture Partners, Ribbit Capital, Thrive Capital, Valor Equity Partners | Reported |
| Apr 9, 2025 | Series B | $200M | — | Addition, Andreessen Horowitz, Lightspeed Venture Partners, Valor Equity Partners | Altimeter Capital, Thrive Capital, Trust Ventures | Confirmed |
| May 8, 2024 | Series A | ~$68.0M | — | Thrive Capital | Altimeter Capital, K5 Global, Trust Ventures, Valor Equity Partners | Reported |
- Series DWith Altimeter Capital, Andreessen Horowitz, CapitalG, Coatue Management, D1 Capital Partners, Energy Impact Partners, Lightspeed Venture Partners, Sands Capital Ventures, Thrive Capital, Trust VenturesValuation $13.00BConfirmed$1.00BAug 3, 2026
- Series CLed by AdditionWith Andreessen Horowitz, CapitalG, Elad Gil, Lightspeed Venture Partners, Ribbit Capital, Thrive Capital, Valor Equity PartnersValuation $4.00B$1.00BOct 8, 2025
- Series BConfirmed$200MApr 9, 2025
- Series ALed by Thrive Capital~$68.0MMay 8, 2024
Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.
Sources11
Funding10
- 1
Business Wire · Aug 3, 2026 · Supports Funding round · amount, Funding round · post money valuation usd
“Base Power today is announcing a $1 billion Series D financing at a $13 billion post-money valuation”
- 2
Reuters · Aug 3, 2026 · Supports Funding round
“The financing round was led by Ribbit, Addition, Valor Equity Partners and JPMorganChase’s Strategic Investment Group.”
- 3
TechCrunch · Oct 8, 2025 · Supports Funding round · amount
“The Series C round was led by Addition with participation from CapitalG, Elad Gil, Lightspeed, Ribbit, Thrive Capital, and Valor Equity Partners.”
- 4
Canary Media · Oct 8, 2025 · Supports Funding round · post money valuation usd
“valuation now stands at $4 billion after receiving the new investment”
- 5
Reuters · Oct 8, 2025 · Supports Funding round
“The round valued the Texas-based company at $3 billion, pre-money, according to a source familiar with the matter.”
- 6
TechCrunch · Apr 9, 2025 · Supports Funding round
“The Series B round was led by Addition, Andreessen Horowitz, Lightspeed Venture Partners, and Valor Equity Partners.”
- 7
Business Wire · Apr 9, 2025 · Supports Funding round · amount
“Base Power announced today it has raised $200 million in Series B funding, co-led by Addition, Andreessen Horowitz, Lightspeed Venture Partners and Valor Equity Partners”
- 8
Multiples · Supports Funding round
“Base Power's first fundraising round was a $68M Series A in May 2024.”
- 9
StockAnalysis · Supports Funding round
“May 8, 2024”
- 10
Crunchbase · Supports Funding round
“Funding Type Series A”
People1
- 11OtherBlack Flag 100
Black Flag · Supports Organization, Role
“Base Power Company is revolutionizing home energy services in Texas by offering an integrated solution that combines whole-home battery backup systems with”
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