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.

How many employees does Torus have?

As of Mar 31, 2026, the latest employee count at Torus is 154.

Is Torus a funded company?

Torus is a funded company, having raised a total of $267M across 2 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 $***** Series D round on Sep 09, 2025, with participation from 1 investor.

What is the annual revenue of Torus?

Annual revenue of Torus is €2.75K as on Dec 31, 2020.

Where does Torus rank among its competitors?

Torus ranks 16th amongst 471 active competitors, of which 27 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Torus, which secured $200M in Sep, 2025.

Who are the top competitors of Torus?

Torus' top competitors include Sungrow, Serentica Renewables and Tigo. Among them, Torus secured the most recent funding round in September, 2025.

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 471 active competitors, including 27 funded and 31 that have exited. Its top competitors include companies like Sungrow, Serentica Renewables and Tigo.

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 2 rounds

Latest Funding Round

Series D, Sep 09, 2025, $*****

Investors

Origin Ventures & 8 more

Ranked

16^th among 471 active competitors

Annual Revenue

€2.75K as on Dec 31, 2020

Employee Count

154 as on Mar 31, 2026

Investment & Acquisitions

Ultion Technologies

Similar Companies

Serentica Renewables & 27 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	$3.14K (As on Dec 31, 2020)	1 (As on Dec 31, 2023)	-

Torus has raised a total funding of $267M over 2 rounds. Its first funding round was on Apr 03, 2024. Its latest funding round was a Series D round on Sep 09, 2025 for $*****. 1 investor participated in its latest round. Torus has 9 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
Sep 09, 2025	8647218	Series D	2606172	4515704	6670479	7544183
Apr 03, 2024	9058630	Series C	8780700	2211988	Origin Ventures	EPIC Ventures & 4 more

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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 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 154 employees as of Mar 26. Here is Torus's employee count trend over the years:

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Top competitors of Torus include Sungrow, Serentica Renewables and Tigo. 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	Serentica Renewables 2022, Gurugram (India), Late Stage	Provider of renewable energy solutions for commercial and industrial clients	$650M	Societe Generale, MUFG & 7 others	63/100
3rd	Tigo 2007, Sebastopol (United States), Public	Designer of solar power conversion and storage products	$161M	Generation Investment Management, Israel Cleantech Ventures ... & 12 others	61/100
4th	MRO-TEK 1984, Bengaluru (India), Public	Manufactures solar UPS and inverters	-	British International Investment, Infrastructure Leasing & Financial Services ... Read more	61/100
5th	Fronius 1945, Pettenbach (Austria), Funding Raised	Global family-owned company specializing in welding, solar energy, and battery charging	-	Europa, OeHT	60/100
6th	Vestas 1945, Aarhus (Denmark), Public	Manufacturer of wind turbines	-	Triodos Investment Management, Australian Renewable Energy Agency ... & 7 others	58/100
7th	BLUETTI 2016, Las Vegas (United States), Seed	Manufacturer of electrical equipment	$11M	-	58/100
8th	Hoymiles Converter Technology 2008, Hangzhou (China), Unfunded	Manufacturer of microinverters and power electronics for the solar industry	-	-	57/100
9th	GoodWe 2010, Suzhou (China), Funding Raised	Manufacturers of PV inverters and energy storage products	-	Crown Asia Investment Holdings	56/100
10th	Terra-Gen 2007, New York City (United States), Acquired	Independent renewable energy power producer	$55M	Masdar, Global Infrastructure Partners & 9 others	55/100
16th	Torus 2021, Lehi (United States), Series D	Manufacturer of power generators and energy management app	$267M	Zions Bank, Magnetar & 7 others	48/100