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Back to Reports
Energy

Base Power

Base Power raises $1B Series C at $3B valuation

Austin, TXOctober 1, 20251 min read
Total Raised
$1B
Valuation
$3B
Latest Round
Series C
Employees
200+

Base Power: Series C Funding Round

Base Power has successfully raised $1B in Series C funding, reaching a valuation of $3B.

Company Overview

Residential battery leasing and grid-stabilizing home energy storage network

Funding Details

The Series C round was led by Riverstone Holdings, with participation from TPG Rise.

Company Information

  • Headquarters: Austin, TX
  • Founded: 2021
  • Employees: 200+
  • Category: Energy

Investment

Base Power plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Riverstone Holdings: Verified investor in Series C
  • TPG Rise: Verified investor in Series C

Company Info

Headquarters
Austin, TX
Founded
2021
Team Size
200+
Last Round
$1B(Oct 2025)

Investors (2)

R
Riverstone HoldingsLead
Lead Investor
Verified investor in Series C
T
TPG Rise
Investor
Verified investor in Series C

Topics

verified(3079)real-funding(3079)base-powerenergyseries-caustin

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