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Base Power
Subscription home batteries that stabilize the grid and back up homes
About Base Power
Base Power Company is an Austin energy-storage startup that deploys subscription home batteries in customers’ backyards to provide backup power and grid services, rather than building large standalone storage sites. Co-founded by CEO Zach Dell, Base installs batteries it owns, charges a modest install fee plus monthly and per-kWh rates, and sells stored electricity back to the grid at peak demand while giving homeowners outage backup; it operates in Texas and Illinois and has installed more than 500 MWh of storage, with about 100 batteries per day. In August 2026 Base launched Base Core, a U.S.-made home battery built at its Austin factory that stores 39.2 kWh. The same month it raised a $1 billion Series D at a $13 billion post-money valuation co-led by Ribbit Capital, Addition, Valor Equity Partners and JPMorganChase’s Strategic Investment Group, with Altimeter, D1, Sands, Coatue, a16z, Lightspeed, CapitalG and others, less than a year after a prior billion-dollar round. Sources: TechCrunch 3 Aug 2026; WSJ coverage cited therein.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2023
- Headquarters
- Austin, United States
- Employees
- 421
- Open positions
- 92
- Dealroom signal
- 97.1/100
- Industry
- Energy, Home Living
- Sub-industry
- Energy Storage
- Sector
- Energy, Urban Tech, Climate Tech, Building Energy Efficiency, Smart Grid, Sustainable Development Goals, Verified Unicorns and $1B Exits, Battery
- Technology
- Hardware
- Business model
- SaaS, Manufacturing
- Client focus
- b2c
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES D | Aug 2026 | $1B | $13B | Andreessen Horowitz · CapitalG · Coatue Management · Energy Impact Partners | ↗ |
| SERIES C | Oct 2025 | $1B | $3B | Lightspeed · Trust Ventures · Ribbit · Valor Equity Partners | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Base Power is 410K monthly website visits, up 20.6% over the last three months. Base Power's team grew 72.5% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A8 investors entered at this stage
Thrive Capital- TITerrain Invest
Valor Equity Partners
Altimeter Capital
Trust Ventures
Lightspeed Venture Partners
Andreessen Horowitz
Addition VC
Series B and later13 investors entered at this stage
Lightspeed
Ribbit
CapitalG
Elad Gil
Ribbit Capital
Coatue Management
Energy Impact Partners
a16z speedrun
Layer Global
Sands Capital Management
D1 Capital Partners
JPMorgan Chase & Co- NGNanchang Industrial Investment Group
Other known investors5 additional known investors
Bond
Gil Capital
Manhattan Venture Partners
Positive Sum
Solari Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Base Power on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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