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Zanskar

Zanskar

Private
Salt Lake City, UtahEnergy & Sustainabilityhttps://zanskar.com/

Last Round

Debt

Apr 16, 2026

Est. Valuation

$115M

Total Funding Raised

$312M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Zanskar is a renewable energy company that utilizes artificial intelligence, big data, and advanced sensing techniques to discover and develop geothermal energy resources.

Sector

Energy & Sustainability

Verticals

Renewable Energy, ML Platforms

Business Model

B2B

Customer Profile

Usage-Based SaaS, Government Contracts, Services & Consulting

AI Layer

Application

Keywords

geothermal energygeothermal explorationindependent power producerIPPAI-driven explorationgeothermal power generationcarbon-free energyfirm powerpower purchase agreementPPAgeothermal techgreenfield geothermalgeothermal prospectinggeothermal AIclean energy tech24/7 carbon-free energy

Historical Pricing

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Caplight Momentum Score

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Zanskar Comps

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

Zanskar 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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Zanskar Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtApr 16, 2026
Series CJan 21, 2026
Series CJan 21, 2026
Series BMay 6, 2024
Series AAug 26, 2022
Seed
Apr 1, 2021

Key People

Founding team and executive leadership

Joel Edwards

CTO, Co-Founder

Founding Team

Carl Hoiland

Co-Founder And CEO

Founding Team

Patrick Walsh

Chief Operating Officer

Executive Team

Zanskar Investors

Notable investors and investment history

Zanskar investors
InvestorRounds
TranquillionSeries C
University Growth FundSeries C
Orion Industrial VenturesSeries C
Just ClimateSeries C, Debt
Munich Re VenturesSeries A, Series B, Series C
All Aboard FundSeries C
Spring Lane CapitalSeries C, Debt

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 16, 2026

    Will use project financing to build multiple U.S. geothermal power plants.

  • Apr 13, 2026

    Signed GEODE Agreement with California Community Power.

Zanskar Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Zanskar Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersSalt Lake City, Utah
Employee Range99
Year Founded2021
Last FundingApr 16, 2026

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