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Base Power

Building the future of American power through home batteries and competitive energy rates.
Energy 📍 Austin, TX Founded 2023
Current Valuation
$4.0B
as of 2025-Q4
UNICORN
Base Power is a residential energy technology company that provides home battery systems and optimized electricity plans. It operates a distributed network of batteries that function as a virtual power plant to lower costs and stabilize the grid.

Company Profile

CEO
Zach Dell
Founded
2023
HQ
Austin, TX
Employees
~200
Total Raised
$1.3B
Est. Revenue
$12M (2025)
Growth
Hyper-growth
Last Round
Series C — $1.0B (Oct 2025) · Lead: Addition
IPO Status
private

Founders & Key People

Zach DellJustin Lopas

Investors

Addition · Andreessen Horowitz · Thrive Capital · Valor Equity Partners · Lightspeed Venture Partners · Lachy Groom · Altimeter Capital · Trust Ventures

Products

  • Base home battery
  • Base electricity plan
  • Virtual power plant participation

Competitors

Tesla Powerwall · Sunrun · SunPower · Enphase · FranklinWH
CleanTechEnergy StorageSmart HomeVirtual Power PlantVenture Backed
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q4. Refreshed quarterly.