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Mazama Energy

Mazama Energy

Private
Frisco, TexasEnergy & Sustainabilityhttps://mazamaenergy.com/

Last Round

Series B

Sep 17, 2026

Est. Valuation

$76.5M

Total Funding Raised

$191M

Momentum

Top 1%

of companies Caplight tracks

Company Overview

Mazama Energy is a geothermal energy company that develops technologies and methods for extracting heat from superhot rocks to produce clean power.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Smart Grid

Business Model

B2B

Customer Profile

Government Contracts, Services & Consulting

AI Layer

Non-AI

Keywords

enhanced geothermal systemsEGSsuperhot rock energybaseload powergeothermal energy24/7 clean energydeep geothermalhigh-temperature drillingreservoir stimulationutility-scale energycarbon-free powerdata center powerdispatchable energyclean techrenewable energy

Historical Pricing

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Caplight Momentum Score

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Mazama Energy Comparables

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

Mazama Energy comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Sage Geosystems
85%
AltaRock Energy
82%
XGS Energy
81%

Mazama Energy Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BSep 17, 2026
Early FundingApr 15, 2026
Series AOct 28, 2025
GrantNov 21, 2024

Key People

Founding team and executive leadership

Sriram Vasantharajan

Chief Executive Officer

Executive Team

Mazama Energy Investors

Notable investors and investment history

Mazama Energy investors
InvestorRounds
H. Barton Asset ManagementSeries B
Khosla VenturesSeries B, Series A
Doerr CapitalSeries B
SiteGround CapitalSeries B
Shell VenturesSeries B
Department of EnergyGrant

Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 25, 2026

    Grew 68% QoQ, from 22 to 37 employees.

  • Sep 17, 2026

    $135M round with participation from Khosla Ventures and Shell Ventures.

Recent news

Latest coverage and updates

  • receives_financingSep 18, 2026

    Mazama Energy, Inc. announced $135M in new capital, including an oversubscribed Series B led by Centaurus Capital and Doerr Capital, with participation from ConocoPhillips, Shell Ventures, Khosla Ventures and Gates Frontier, to accelerate superhot rock geothermal commercial development in Texas on Sep 17th '26.

  • expands_facilitiesSep 18, 2026

    Mazama Energy, Inc. will expand facilities to Oregon, United States, Northern America, Americas on Jul 1st '27.

  • is_developingSep 18, 2026

    Mazama Energy, Inc. is developing enhanced geothermal systems on Sep 18th '26.

Mazama Energy Filings

Explore SEC and related filing metadata, where available.

Mazama Energy filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Mazama Energy's valuation, stock price, and market status.

Is Mazama Energy a public or private company?

Mazama Energy is a private company.

What is the current stock price of Mazama Energy?

Mazama Energy is a private company, so its shares have no public market price. Caplight tracks Mazama Energy's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Mazama Energy worth (valuation)?

Mazama Energy's valuation is estimated at $76.5M based on funding round data.

Can I buy Mazama Energy stock?

Mazama Energy shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Mazama Energy's last funding round?

Mazama Energy's most recent funding round was Series B on September 17, 2026.

Who are the main investors in Mazama Energy?

Key investors in Mazama Energy include Khosla Ventures, Doerr Capital.

Will Mazama Energy IPO soon?

No public IPO plans have been announced for Mazama Energy.

How can I track Mazama Energy secondary market activity?

Caplight tracks bids, offers, and trades in Mazama Energy's shares on secondary markets.

Firmographic Details

HeadquartersFrisco, Texas
Employee Range24
Year Founded2024
Last FundingSep 17, 2026

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