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Torus

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Renewable energy providers

Salt Lake City, United StatesFounded 2021Energy
Valuation $1–2.5B Last recorded · 2025
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Torus and the history behind them.

About Torus

Torus is a company specializing in environmentally friendly residential batteries designed to store renewable energy from sources such as hydro, wind, and solar. These batteries are made with 95% recyclable materials and boast up to three times the lifespan of traditional chemical batteries. Torus serves homeowners looking to reduce their reliance on the grid and become their own utility energy providers. The company operates in the renewable energy market, targeting eco-conscious consumers and those seeking energy independence. Torus's business model involves selling these advanced batteries directly to consumers, and it generates revenue through product sales. Additionally, Torus makes it easy for customers to claim a 30% federal tax credit, further enhancing the affordability of their products. The company also offers real-time data monitoring, allowing users to track their home energy use, renewable production, and battery storage in a live view that updates every second.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Salt Lake City, United States
Employees
188
Open positions
27
Dealroom signal
93.8/100
Industry
Energy, Hosting
Sub-industry
Energy Providers
Sector
Energy, Solar Energy, Battery, Sustainable Development Goals, Rumoured $1B, Climate Tech, Stationary Energy Storage, Renewable Energy, Data Centers
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Jul 2025
Capital deployed
$0
Preferred round
SERIES A

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VCOther financing Apr 2026 $0 — Trinity Capital ↗
LATE VCOther financing Sep 2025 $200M $800M Magnetar ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Torus website traffic

Latest recorded traffic for Torus is 28K monthly website visits, up 55.6% over the last three months. Torus's team grew 41.4% over the past year.

Latest monthly visits28K 3-month web change+55.6% 1-year team growth+41.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Convoi Ventures

Series A7 investors entered at this stage

  • Pelion Venture Partners
  • Zions First National Bank
  • Larry H. Miller
  • Cumming Capital Management
  • ICONIQ Capital
  • EPIC Ventures
  • Origin Ventures

Series B and later2 investors entered at this stage

  • Magnetar
  • Trinity Capital
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States98.4%
🇦🇺 Australia0.8%
🇮🇳 India0.8%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Torus 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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