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XGS Energy

XGS Energy

Private
Palo Alto, CaliforniaEnergy & Sustainabilityhttps://www.xgsenergy.com/

Last Round

VC Round

Mar 26, 2025

Total Funding Raised

$43.7M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

XGS Energy is a geothermal energy company that develops proprietary solid-state geothermal power systems to provide scalable, water-independent, and carbon-free baseload energy.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Smart Grid

Business Model

B2B

Customer Profile

Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

geothermal energyclosed-loop geothermalbaseload powerrenewable energygeothermal drillingclean energy24/7 carbon-free energygeothermal technologyenergy infrastructureofftake agreementadvanced geothermalutility-scale energygeothermal project developmentenhanced geothermal systemsEGS

Historical Pricing

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Caplight Momentum Score

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XGS Energy Comps

Public and private peers based on sector, stage, and business model.

XGS Energy comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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XGS Energy Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundMar 26, 2025
Series A ExtensionMay 21, 2024
Series A ExtensionJan 23, 2024
Series AMar 6, 2023

Key People

Founding team and executive leadership

Josh Prueher

Chief Executive Officer

Executive Team

Piotr Moncarz

Chief Executive Officer

Executive Team

Al Vickers

Chief Operating Officer

Executive Team

Ghazal Izadi

Chief Operating Officer

Executive Team

XGS Energy Investors

Notable investors and investment history

XGS Energy investors
InvestorRounds
ClearSkyVC Round
Constellation Technology VenturesSeries A Extension
B CurrentSeries A Extension
Thin Line CapitalSeries A Extension
Anzu PartnersSeries A
Valo VenturesSeries A Extension, VC Round
WovenEarth VenturesVC Round

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 23, 2026

    Grew 29% QoQ, from 42 to 54 employees.

  • Apr 18, 2026

    Monthly visitors increased 57% MoM.

XGS Energy Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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XGS Energy Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersPalo Alto, California
Employee Range54
Year Founded2008
Last FundingMar 26, 2025

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