Base Power
BP
Base Power installs and operates batteries at homes. Customers use them for backup power and to shift energy use away from high-priced peak periods. The company aggregates deployed batteries to provide flexible capacity to the grid while maintaining household resiliency.
Founded by Zach Dell (Co-founder & CEO), Justin Lopas (Co-founder & COO)
Blended valuation$14.2B$15.1B secondary
Valuation history
Weekly blended valuation with priced funding rounds marked on the timeline.
$15.2B
blended valuationfunding round
May 26, 2025$2.7BOct 5, 2026
All rounds
4 funding rounds, newest first.
| Round | Announced | Raised | Post-money |
|---|---|---|---|
| Series D | Aug 3, 2026 | $1B | $13B |
| Series C | Oct 8, 2025 | $1B | $4B |
| Series B | Apr 9, 2025 | $200M | — |
| Series A | May 7, 2024 | $68M | — |
Investors
22 investors across all rounds.
- TCThrive Capital
- ADAddition
- VEValor Equity Partners
- RCRibbit Capital
- JMJP Morgan
- ACAltimeter Capital
- CACapitalG
- LVLightspeed Venture Partners
- EGElad Gil
- AHAndreessen Horowitz
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Secondary market activity
Recent buy and sell interest for Base Power shares on the secondary market.
| Kind | Implied valuation | Price / share | Date |
|---|---|---|---|
| $16.4B | — | Oct 6, 2026 | |
| $13.4B | $35.45 | Sep 23, 2026 | |
| $13.4B | $35.45 | Sep 22, 2026 |
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Data as of Oct 15, 2026. Valuations are estimates blended from primary and secondary-market signals — not investment advice.