When was Torus founded?

Torus was founded in 2021 and raised its 1st funding round 3 years after it was founded.

Where is Torus located?

Torus is headquartered in Lehi, United States. It is registered at Rīga, Krišjāņa Barona iela 33/35 - 19.

Who is the current CEO of Torus?

Nate Walkingshaw of Torus. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Torus have?

As of Aug 31, 2026, the latest employee count at Torus is 215.

Is Torus a funded company?

Torus is a funded company, having raised a total of $267M across 3 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on Apr 03, 2024.

When was the latest funding round of Torus?

Torus' latest funding was a $***** Conventional Debt round on May 04, 2026, with participation from 1 investor. Its primary sector is Solar Energy. In United States, the Solar Energy sector has seen $3.95B in funding in 2026 to date.

What is the annual revenue of Torus?

Annual revenue of Torus is less than €1M as on Dec 31, 2020

Where does Torus rank among its competitors?

Torus ranks 16th amongst 546 active competitors, of which 28 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Serentica Renewables, which secured $345M in Jul, 2026.

Who are the top competitors of Torus?

Torus' top competitors include Sungrow, Tigo and Fronius. Among them, Serentica Renewables secured the most recent funding round in July, 2026.

Torus - 2026 Company Profile, Team, Funding & Competitors

Torus is a series D company based in Lehi (United States), founded in 2021 by Nate Walkingshaw and Gilbert Lee. It operates as a Manufacturer of power generators and energy management app. Torus has raised $267M in funding from Origin Ventures and Magnetar. The company has 546 active competitors, including 28 funded and 35 that have exited. Its top competitors include companies like Sungrow, Tigo and Fronius.

Company Details

Manufacturer of power generator from the sun or other renewable energy sources.They have developed an app for monitoring power generation and storage in real time, and easily load shift to maximise energy efficiency.

Website: www.torus.co/
Social
Email ID: *****@torus.co
Registered Address: Rīga, Krišjāņa Barona iela 33/35 - 19

Key Metrics

Founded Year

2021

Location

Lehi, United States

Stage

Series D

Total Funding

$267M in 3 rounds

Latest Funding Round

Conventional Debt, May 04, 2026, $*****

Investors

Origin Ventures & 11 more

Ranked

16^th among 546 active competitors

Annual Revenue

€0 - €1M as on Dec 31, 2020

Employee Count

215 as on Aug 31, 2026

Investment & Acquisitions

Ultion Technologies

Similar Companies

Serentica Renewables & 31 more

View Torus' full profile

Torus is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TORUS CIN: 40003011152 , Latvia, Active	Jun 21, 1991	€0 - €1M (As on Dec 31, 2020)	1 (As on Dec 31, 2023)	-

Torus has raised a total funding of $267M over 3 rounds. Its first funding round was on Apr 03, 2024. Its latest funding round was a Conventional Debt round on May 04, 2026 for $*****. 1 investor participated in its latest round. Torus has 12 institutional investors.

Here is the list of recent funding rounds of Torus:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 04, 2026	2020236	Conventional Debt	2135827	9310957	8781841	3012995
Sep 09, 2025	5566119	Series D	8862510	5025112	5341760	5466364
Apr 03, 2024	2383706	Series C	7428835	2063642	Origin Ventures	EPIC Ventures & 4 more

Access funding benchmarks and valuations. Sign up today!

View details of Torus's funding rounds and investors

The founders of Torus are Nate Walkingshaw and Gilbert Lee. Nate Walkingshaw is the CEO of Torus.

Here are the details of Torus' key team members:

Nate Walkingshaw: Co-Founder & CEO of Torus. They are also an angel investor in 1 startup and serve on the board of 1 company.
Gilbert Lee: Co-Founder & CMO of Torus.
Contact Info: 1 email address

View details of Torus's Founder profiles and Board Members

Torus' employee count trend

Torus has 215 employees as of Aug 26. Here is Torus's employee count trend over the years:

Uncover Torus' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Torus include Sungrow, Tigo and Fronius. Here is the list of Top 10 competitors of Torus, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sungrow 1997, Hefei (China), Public	PV Inverter and Power Storage developer	$400M	Kleiner Perkins, Chinalink Capital & 2 others	75/100
2nd	Tigo 2007, Sebastopol (United States), Public	Designer of solar power conversion and storage products	$161M	Generation Investment Management, Israel Cleantech Ventures ... & 12 others	67/100
3rd	Fronius 1945, Pettenbach (Austria), Funding Raised	Global family-owned company specializing in welding, solar energy, and battery charging	-	Europa, OeHT	64/100
4th	Serentica Renewables 2022, Gurugram (India), Late Stage	Provider of renewable energy solutions for commercial and industrial clients	$650M	Yes Bank, Societe Generale & 10 others	63/100
5th	Instagrid 2006, Ludwigsburg (Germany), Series C	Manufacturer of portable power supplies providing sustainable and reliable energy	$145M	SET Ventures, Energy Impact Partners & 11 others	63/100
6th	Terra-Gen 2007, New York City (United States), Acquired	Independent renewable energy power producer	$55M	Masdar, Global Infrastructure Partners & 9 others	61/100
7th	BLUETTI 2016, Las Vegas (United States), Seed	Manufacturer of electrical equipment	$11M	-	59/100
8th	GoodWe 2010, Suzhou (China), Funding Raised	Manufacturers of PV inverters and energy storage products	-	Crown Asia Investment Holdings	59/100
9th	MRO-TEK 1984, Bengaluru (India), Public	Manufactures solar UPS and inverters	-	Infrastructure Leasing & Financial Services, British International Investment ... Read more	58/100
10th	Hoymiles Converter Technology 2008, Hangzhou (China), Unfunded	Manufacturer of microinverters and power electronics for the solar industry	-	-	58/100
16th	Torus 2021, Lehi (United States), Series D	Manufacturer of power generators and energy management app	$267M	Zions Bank, EPIC Ventures & 10 others	51/100