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Base Power Stock

Private Company · Price from Hiive
$99.71 -1.01 (-1.00%)
As of Aug 4, 2026
1,894.20%
Valuation$13B1
Valuation DateAug 3, 2026
Implied Valuation$12.87B
Last Price$99.71
52-Week High$100.75
52-Week Low$5.00
YTD Return+19.11%
1-Year Return+1,894.20%
3-Year Returnn/a
Total Funding$2.5B2
Latest Round Amount$1B1
Latest RoundSeries D
Funding Rounds4
IPO StatusUnknown
Expected IPO Daten/a
Revenuen/a
Revenue Typen/a
P/S Ration/a

About Base Power

Base Power is an energy company that installs and operates home battery systems paired with retail electricity service. Customers get whole-home backup during outages while Base uses the batteries to balance the grid. The company designs and manufactures its systems and deploys them across Texas and Illinois. Base Power makes money by selling electricity and by earning revenue from grid-balancing and capacity services rather than by selling batteries outright. It was co-founded by Zach Dell, son of Dell Technologies founder Michael Dell, and Justin Lopas.

Categories Energy & Climate, Batteries
Founded 2023
Country United States
CEO Zach Dell
Employees 6003
Founders Zach Dell, Justin Lopas
Headquarters Austin, TX

Invest in Base Power

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News

Base Power launches 39.2 kWh U.S.-made Base Core home battery, secures $1 billion in new funding

Base Power launched its U.S.-manufactured Base Core home battery in 39.2 and 78.4 kWh configurations, now in production at its Austin factory. The launch coincided with a $1 billion Series D at a $13 ...

1 day ago - pv magazine USA

Base Power raises another $1B to save the grid using backyard batteries

Base Power closed a $1 billion Series D at a $13 billion post-money valuation, less than a year after its prior billion-dollar round. The Austin startup installs about 100 home batteries per day acros...

2 days ago - TechCrunch

Base Power Announces $1B Series D and Launches Base Core, First-of-its-Kind Home Battery Built in the United States

Base Power announced a $1 billion Series D financing at a $13 billion post-money valuation, led by Ribbit, Addition, Valor Equity Partners and JPMorganChase's Strategic Investment Group. The company a...

2 days ago - Business Wire

Base Power launches backyard battery backup system for ComEd customers

Base Power expanded into the Chicago area with outdoor home batteries that promise lower supply charges and whole-home backup for ComEd customers. The service launched with a discounted installation f...

6 days ago - Daily Herald

Base Power Launches Austin Energy Partnership to Provide Home Battery Backup During Outage

Base Power partnered with Austin Energy to offer home battery backup that doubles as a virtual power plant, automatically switching homes to battery power during outages.

19 days ago - CBS Austin

a16z-backed Base Power is offering cheaper electricity to the power grid that needs it most

TechCrunch covers Base Power's first expansion outside Texas into Illinois and the PJM grid. The company sells retail power with large home batteries while avoiding lengthy interconnection queues.

5 weeks ago - TechCrunch

Base Power brings cheap batteries to residents in power-starved PJM

Canary Media reports Base Power's Illinois launch in ComEd territory with low upfront battery pricing and discounted retail rates. The story explains why PJM capacity constraints make the market attra...

6 weeks ago - Canary Media

Base Power launches in Illinois

Base Power announced its Chicagoland launch offering ComEd customers discounted energy supply and whole-home backup batteries. The company called Illinois its first market outside Texas.

6 weeks ago - Base Power

Zach Dell's Battery Company Is In Talks To Raise Funding At A $12 Billion Valuation

Forbes reports Base Power was in talks to raise around $1 billion at a $12 billion valuation with Ribbit Capital discussed as a potential lead. The company and Ribbit did not comment.

2 months ago - Forbes

The 10 Most Influential Energy Companies of 2026

TIME named Base Power among its most influential energy companies for 2026 citing its home-battery leasing model and rapid Texas deployment. The profile also notes the company's manufacturing build-ou...

3 months ago - TIME

Incentive Deal For $265M Austin Battery Manufacturing Facility Dies

Austin stepped back from a proposed incentive package tied to a large Base Power manufacturing expansion. Reporting says the company was still pursuing East Austin manufacturing space on a smaller pro...

5 months ago - Bisnow

Base Power to launch 100-MW home battery network for Texas utility

Base Power agreed to install 100 MW of residential battery capacity for CoServ, a Texas electric cooperative, over two years — its largest utility partnership to date.

5 months ago - Canary Media

Base Power announces 100 MW residential storage program with CoServ in Texas

Base Power and CoServ announced a 100 MW residential distributed storage program in Denton County. Base installs and maintains the batteries while the cooperative dispatches them for peak shaving and ...

5 months ago - pv magazine USA

CoServ and Base Power Launch 100 MW Residential Storage Program

Base Power partnered with Texas electric cooperative CoServ to deploy 100 MW of residential battery storage across North Texas, its largest utility collaboration to date. Qualifying homeowners receive...

5 months ago - Business Wire

Base Power hauls in $1B for mass deployment of huge home batteries

Canary Media covers Base Power's $1 billion Series C at a $4 billion valuation and plans for in-house manufacturing at the former Austin American-Statesman site. CEO Zach Dell discussed installation p...

10 months ago - Canary Media

Base Power CEO Zach Dell: We sell the most affordable and reliable power on the market to homeowners

Zach Dell, Base Power co-founder and CEO, joins 'Squawk Box' to discuss how the company is changing the way residential energy is generated and distributed, details of the latest $1 billion funding ro...

Other symbols: DELL
10 months ago - CNBC Television

Base Power Raises $1 Billion Series C to Build the Future of American Power

Base Power announced a $1 billion Series C led by Addition with participation from existing and new investors including Ribbit Capital and CapitalG. The company said funding would accelerate nationwid...

10 months ago - Business Wire

Base Power raises $1B to deploy home batteries everywhere

TechCrunch reports Base Power's Addition-led Series C and the company's leasing model for oversized home batteries in Texas. The round was valued at $3 billion pre-money according to The New York Time...

10 months ago - TechCrunch

Zach Dell's Base Power raises $1 billion in latest financing round

Reuters reports Base Power raised $1 billion led by Addition to scale leasing batteries to homeowners. A source said the round valued the Texas company at $3 billion pre-money.

10 months ago - Reuters

Base Power Raises $200M Series B to Reinforce the Texas Power Grid, Accelerate National Expansion, and Build American Manufacturing Capabilities

Base Power announced a $200 million Series B co-led by Addition, Andreessen Horowitz, Lightspeed and Valor Equity Partners. Proceeds were earmarked for Texas growth national expansion and a first fact...

1 year ago - Business Wire

Base Power lands $200M for rapidly growing home-battery business

Canary Media details Base Power's Series B and plans to build a domestic battery factory while expanding beyond Texas. The piece covers early installation rates and customer traction.

1 year ago - Canary Media

Lennar and Base Power to Provide Homeowners a Battery-Powered Home Energy Service in Key Texas Markets

DALLAS , Dec. 5, 2024 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, today announced plans to equip select Lennar communities in the Austin and Dallas-Fort Worth area with home back...

Other symbols: LEN
1 year ago - PRNewsWire

The POWER Interview: Using Home Batteries to Support the Grid

POWER Magazine interviews Base Power founders Zach Dell and Justin Lopas about the company's retail electricity plus home-battery model in Texas. They describe how aggregated batteries earn grid reven...

1 year ago - POWER Magazine