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Company

Fervo Energy

Rocket Ship RatingBased on the data VC Catalog holds.

Rocket Ship Rating: 96 out of 100

Our mission is to transform geothermal energy into America’s most dependable and affordable source of clean, 24/7 power.

Also known as FERVO ENERGY CO

  • Clean energy & storage
  • Climate positive
Status
IPOas of 2026-09-17Source (opens in a new tab)
Business model
B2B
Headquarters
Houston, TX, United States
Customers
Power buyers
Legal name
FERVO ENERGY CO
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Record updated 28 September 2026

About

We have pioneered and proven a new approach to next-generation geothermal, a 24/7 carbon-free energy resource crucial to solving climate change.

Funding snapshot

Total raised
$916MSEC form D sum, as of 2026-09-28Source (opens in a new tab)
Latest round
IPO2026-05-12

Funding rounds

IPO
2026-05-12
Debt
$421M2026-03-19, Company stated
Round, 2025
$452M2025-12-04, SEC form D sold, 39 investors
Round, 2024
$135M2024-12-13, SEC form D sold, 14 investors
Round, 2024
$164M2024-02-07, SEC form D sold, 17 investors
Round, 2022
$138M2022-08-08, SEC form D sold, 24 investors
Round, 2021
$26.3M2021-03-18, SEC form D sold, 11 investors

About the company

Status notes
Fervo Energy Company (“Fervo” or the “Company”) (NASDAQ: FRVO)
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