Base Power - About the company
Base Power is a series C company based in Austin (United States), founded in 2023 by Justin Lopas and Zach Dell. It operates as a Provider of battery storage system. Base Power has raised $1.3B in funding from investors like Addition, Lightspeed Venture Partners and Andreessen Horowitz, with a current valuation of $4B. The company has 369 active competitors, including 32 funded and 15 that have exited. Its top competitors include companies like A123 Systems, Sonnen and PURE EV.
Sectors and market segments that Base Power operate in
Base Power serves in the Energy Tech market segments.The primary business model of Base Power is:Company Details
Provider of battery storage system. They offer home battery storage solutions empowering households to take control of their energy needs. They leverage cutting edge technology to provide whole home backup power protection with a focus on reducing electricity costs and mitigating the impact of power outages.
- Website
- www.basepowercompany.com/
- Social
- Email ID
- *****@basepowercompany.com
- Registered Address
- 1999 BRYAN ST STE 900,DALLAS,TX,75201.0,57
Key Metrics
Founded Year
2023
Location
Austin, United States
Stage
Series C
Total Funding
$1.3B in 3 rounds
Latest Funding Round
Post Money Valuation
$4B as on Oct 08, 2025
Ranked
3rd among 369 active competitors
Employee Count
299 as on Mar 31, 2026
Legal entities associated with Base Power
Base Power is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BASE TEXAS REP, LLC CIN: 32092678716 , United States, Active | Dec 01, 2023 | - | - | - |
BASE POWER, INC. CIN: 32090834121 , United States, Active | Jul 18, 2023 | - | 65 (As on Dec 31, 2024) | - |
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Base Power's funding and investors
Base Power has raised a total funding of $1.3B over 3 rounds. Its first funding round was on May 08, 2024. Its latest funding round was a Series C round on Oct 08, 2025 for $1B. 10 investors participated in its latest round. Base Power has 16 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Base Power:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 08, 2025 | $1B | Series C | $4B | - | ||
Apr 09, 2025 | $200M | Series B | - | - | ||
May 08, 2024 | $68M | Series A | $300M | - | - |
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Base Power's founders and board of directors
Founder? Claim ProfileHere are the details of Base Power's key team members:
- Justin Lopas: COO & Co-Founder of Base Power.
- Zach Dell: Co-Founder & CEO of Base Power.
View details of Base Power's Founder profiles and Board Members
Base Power's employee count trend
Base Power has 299 employees as of Mar 26. Here is Base Power's employee count trend over the years:
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Base Power's Competitors and alternates
Top competitors of Base Power include A123 Systems, Sonnen and PURE EV. Here is the list of Top 10 competitors of Base Power, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | _1591002989634.png?devicePixelRatio=2&height=30&width=30){kind=logo} A123 Systems 2001, Hangzhou (China), Public | Manufacturer of automotive lithium-ion batteries | $201M | 76/100 | |
2nd | Developer of energy storage systems and smart energy solutions hardware | $180M | 74/100 | ||
3rd | Base Power 2023, Austin (United States), Series C | Provider of battery storage system | $1.3B | 64/100 | |
4th | Manufacturer of energy storage products and electric vehicles with lithium batteries | $21.8M | 63/100 | ||
5th |  Haven Energy 2022, Austin (United States), Series B | Online platform offering energy storage solutions | $51.2M | 62/100 | |
6th | Manufacturer of energy storage systems for commercial and industrial applications | - | 62/100 | ||
7th |  FranklinWH 2019, San Jose (United States), Series B | Manufacturer of home energy management and battery storage solutions | $25M | 61/100 | |
8th |  nine.energy 2020, United States, Late Stage | Developer of community-scale battery energy storage systems for electric grid | $325M | 58/100 | |
9th |  ElectrIQ Power 2014, San Francisco (United States), Series A | Energy resources distribution management solution provider | $19M | 57/100 | |
10th | Ampd Energy 2014, Hong Kong (China), Series B | Provider of energy storage systems for construction and industrial applications | $39M | 57/100 |
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Base Power's Investments and acquisitions
Base Power has made no investments or acquisitions yet.
Reports related to Base Power
Here is the latest report on Base Power's sector:
News related to Base Power
Filter this listMedia has covered Base Power for a total of 10 events in the last 1 year, 4 of them have been about partnerships and 2 about company updates.
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Base Power partners with El Paso Electric on Texas VPP programmeEnergy-Storage•Feb 17, 2026•Base Power, El Paso Electric
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Base Power Secures $1B Raise Post-DFW Expansion for National Growth and FactoryDallas Innovates•Oct 09, 2025•Base Power, Andreessen Horowitz
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A16z leads $200m round for ex-OpenAI VP-led AI startupTech in Asia•Aug 09, 2025•Andreessen Horowitz, OpenAI, Google, Base Power and 6 others
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Energy Storage Companies Raise $9.1 Billion in Corporate Funding in 1H 2025Mercom Capital•Jul 31, 2025•Base Power, Exowatt, Raygen, KoBold Metals
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Base Power and GVEC Partner on Utility-Operated Distributed Battery ProgramBusiness Wire•Jun 30, 2025•Base Power, GVEC
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