Zanskar

Zanskar

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

Last Round

Series C

Jan 21, 2026

Total Funding Raised

$272M

Momentum Score

75 /100

Company Overview

Zanskar is a geothermal energy company that utilizes artificial intelligence, big data, and advanced sensing techniques to enhance the discovery and development of geothermal resources, helping clients minimize exploration risks.

Sector

Energy & Sustainability

Verticals

Renewable Energy, ML Platforms

Business Model

B2B

Customer Profile

Services & Consulting, Government Contracts

AI Layer

Application

Keywords

geothermal AIAI geothermal explorationgeothermal energygeothermal project developmentexploration de-riskingfirm clean energygeothermal developergeothermal prospectingsubsurface modelingclimate techAI for energyenergy techpower purchase agreementPPA

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.

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

RoundDateAmount RaisedValuationInvestorsSources
Series CJan 21, 2026
Series CJan 21, 2026
Series BMay 6, 2024
Series AAug 26, 2022
SeedApr 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

InvestorRounds
TranquillionSeries C
University Growth FundSeries C
Orion Industrial VenturesSeries C
Munich Re VenturesSeries C
All Aboard FundSeries C
Spring Lane CapitalSeries C
Union Square VenturesSeries B, Series C, Series A

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.

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 Range85
Year Founded2020
Last FundingJan 21, 2026

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