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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
$13B
as of 2026-Q3
DECACORN

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.
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.
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.

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 · this month
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
Last round vs current secondary price per share$118Last round$100Current
Secondary price return by period
Secondary market period returns3-month+9.0%6-month+19.4%1-year+1804%All-time+301%
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
Capital raised per funding round$1.0BSeries C$1.0BSeries D
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.

Funding History

RoundAmountDateLead InvestorPost-Money
Series D$1.0BAug 2026Ribbit Capital$13B
Series C$1.0BOct 2025Addition—

Talent Signal

Hiring trend
● First snapshot
trend accrues with monthly sweeps
Open roles
172
via ashby
Product-build share
30%
engineering, research, product, design
Trajectory
steady
balanced build + GTM — 30% builders vs 70% go-to-market/G&A — scaling both sides.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month172Aug '26
Open roles by function
Open roles by functionOther73Engineering26Ops & People17Hardware16Marketing10Sales & GTM9Design7Finance & Strategy6Legal & Policy3
■ product-building   ■ go-to-market / G&A
Embedded Software EngineerSoftware Engineer, ProductSoftware Engineer, InfrastructureCompliance EngineerSoftware Engineer, BackendManufacturing Test Engineer
Counted from Base Power's live job board as of 2026-08-17; 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.