Fervo Energy
PublicFervo 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
May 13, 2026
Last Round
Debt
Mar 19, 2026
Total Funding Raised
$3.42B
Company Overview
Fervo Energy is a renewable energy company that develops, owns, and operates next-generation geothermal power projects to provide carbon-free electricity.
Sector
Energy
Verticals
CleanTech, Climate Tech
AI Layer
Application
Keywords
enhanced geothermal systemsEGSgeothermal powerbaseload powerhorizontal drillingcarbon-free energypower purchase agreementPPAindependent power producerIPPclean techdigital twinhydraulic stimulationrenewable energynext-gen geothermal
Fervo Energy Comparables
Compare Fervo Energy with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Ormat | 80% | |
| AltaRock Energy | 78% | |
| Controlled Thermal Resources | 77% | |
Fervo Energy Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| IPO | May 13, 2026 | ||||
| Debt | Mar 19, 2026 | ||||
| Series E | Dec 10, 2025 | ||||
| Debt | Jun 11, 2025 | ||||
| Series D | Dec 19, 2024 | ||||
Debt | Dec 19, 2024 |
Key People
Founding team and executive leadership
Fervo Energy Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Impact Science | Series D, Series E |
| Centaurustradingandinvestment | Series D, Series E |
| CPP Investments | Series D, Series E, Series C |
| Norges Bank Investment Management | IPO |
| Barclays Bank PLC | Debt |
| AllianceBernstein | Series E |
| Capricorn Investment Group | Series D, Series E, Series C, Series B |
Fervo Energy Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Firmographic Details
HeadquartersHouston, Texas
Employee Range268
Year Founded2017
Last FundingMar 19, 2026