Building the future of American power through home batteries and competitive energy rates.
Base Power is an Austin, Texas-based distributed-energy company that pairs professionally installed home battery systems with grid services -- automatic outage backup for homeowners plus aggregated capacity for utilities (CEO Zach Dell, COO Justin Lopas). Base operates in Texas and Illinois with 200MW+ of contracted capacity. In August 2026 it announced a $1B Series D at a $13B valuation led by Ribbit, Addition, Valor Equity Partners, and JPMorganChase's Strategic Investment Group (with a16z, Lightspeed, Coatue, Thrive, CapitalG and others), bringing total raised to over $2.5B, alongside the launch of Base Core, a US-built home battery.
Energy📍 Austin, TXFounded 2023
Current Valuation
$13B
as of 2026-Q3
DECACORN
QL Price
$12B
-5% vs last round
QuantLogix's current estimate for Base Power, published 2026-10-08 — below the last disclosed round of $13B (2026-Q3).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round
$13B
2026-Q3
weight 0.98
Secondary market print
$11B
2026-06-27
weight 0.54
How this price has held up
No round has priced for Base Power since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-08 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Base Power, 2026-10-08 (3a16e06ed46d4198).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Base Power going public?
No. Base Power is private and has not filed to go public. There is no S-1 on file.
What is Base Power's valuation in 2026?
Base Power is valued at $13B as of 2026-Q3, set by its Series D ($1.0B, Aug 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Base Power filed an S-1?
No public S-1 is on file for Base Power.
Who are Base Power's investors?
Base Power's investors include Addition, Andreessen Horowitz, Thrive Capital, Valor Equity Partners, Lightspeed Venture Partners, Lachy Groom and 11 more.
How much has Base Power raised?
Base Power has raised $2.5B in total across 2 disclosed rounds, most recently a Series D of $1.0B in Aug 2026.
Is Base Power publicly traded — can you buy Base Power stock?
No. Base Power is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Base Power on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Zach Dell
Founded
2023
HQ
Austin, TX
Employees
~200
Total Raised
$2.5B
Est. Revenue
$12M (2025)
Growth
Rapid deployment across Texas and Illinois (200MW+ contracted capacity)
Last Round
Series D — $1.0B (Aug 2026) · Lead: Ribbit Capital
IPO Status
private
Fundraising Status
Series D · $1.0B · 2 mo ago
privateTotal raised $2.5B2 disclosed rounds
Series D Impact
Round Size
$1.0B
Primary financing announced
Post-Money Valuation
$13B
Company-announced mark
Round / Post-Money
7.7%
New capital ÷ post-money
Disclosed Funding
$2.5B
Cumulative disclosed rounds
Step-up compares disclosed post-money valuations. Round / post-money is a financing-size ratio, not an ownership or dilution estimate.
Secondary Market
Implied price / share
$100.16
Last round price / share
$117.63
vs last round
-14.9%
Open interest
3
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Growth & Valuation
Capital raised per round
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.
Funding History
Round
Amount
Date
Lead Investor
Post-Money
Series D
$1.0B
Aug 2026
Ribbit Capital
$13B
Series C
$1.0B
Oct 2025
Addition
—
Talent Signal
Hiring trend
▲ Hiring uptrend
+12% vs 2026-08
Open roles
193
via ashby
Product-build share
29%
engineering, research, product, design
Trajectory
expanding
balanced build + GTM — 29% builders vs 71% go-to-market/G&A — scaling both sides.
No tracked executive churn; open roles trending up.
Counted from Base Power's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Zach DellJustin Lopas
Investors
Addition · Andreessen Horowitz · Thrive Capital · Valor Equity Partners · Lightspeed Venture Partners · Lachy Groom · Altimeter Capital · Trust Ventures · Ribbit Capital · JPMorganChase Strategic Investment Group · Altimeter · D1 Capital Partners · Sands Capital · Coatue · Energy Impact Partners · Lightspeed · CapitalG
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 2026-Q3. Refreshed quarterly.