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Fervo Energy

Fervo Energy

Public
Houston, TexasEnergyhttps://www.fervoenergy.com

Fervo Energy is now publicly traded

The data on this page reflects Fervo Energy's private-market history up to the point it went public, including its funding rounds, valuation, and investors.

Went Public

Apr 17, 2026

Last Round

Debt

Mar 19, 2026

Total Funding Raised

$1.42B

Company Overview

Fervo Energy is a clean energy company that develops next-generation geothermal power projects to provide carbon-free energy and enhance the future electric grid.

Sector

Energy

Verticals

CleanTech, Climate Tech

AI Layer

Non-AI

Keywords

enhanced geothermal systemsEGSgeothermal power24/7 carbon-free energyPower Purchase AgreementsPPAshorizontal drillingnext-gen geothermalbaseload powergeothermal project developmentfirm clean poweroil and gas technologyutility scale powerhydraulic fracturingdata center powerfiber optic sensing

Fervo Energy Comparables

Compare Fervo Energy with similar companies based on industry and business-model similarity.

Fervo Energy comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Eden GeoPower
52%
Novus Earth Energy Operations Inc.
52%
Factor2 Energy
50%

Fervo Energy Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
IPOApr 17, 2026
DebtMar 19, 2026
Series EDec 10, 2025
DebtJun 11, 2025
Corporate FundingDec 19, 2024
Debt
Dec 19, 2024

Key People

Founding team and executive leadership

Jack Norbeck

Co-Founder And CTO

Founding Team

Richard Chow

CEO Coach Advisor

Executive Team

Tim Latimer

Chief Executive Officer

Executive Team

David Ulrey

Chief Financial Officer

Executive Team

Fervo Energy Investors

Notable investors and investment history

Fervo Energy investors
InvestorRounds
Impact ScienceSeries D, Series E
CentaurustradingandinvestmentSeries D, Series E
CPP InvestmentsCorporate Funding, Series E, Series C
Barclays Bank PLCDebt
AllianceBernsteinSeries E
Capricorn Investment GroupSeries D, Series E, Series C, Series B
Mitsubishi UFJ Financial GroupIPO, Debt

Fervo Energy Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Fervo Energy Filings

SEC and related filings with document metadata.

Firmographic Details

HeadquartersHouston, Texas
Employee Range268
Year Founded2017
Last FundingMar 19, 2026

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