Fervo Energy Co☆Watch⊞Compare

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Fervo Energy Co is one of 2049 Other Energy companies tracked from HOUSTON. By capital raised it ranks among the largest (ahead of 100% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst”

Fervo Energy delivers 24/7 carbon-free energy through development of next-generation geothermal projects.

Fervo Energy delivers 24/7 carbon-free energy through development of next-generation geothermal projects. Our mission is to transform geothermal energy into America’s most dependable and affordable source of clean, 24/7 power. We have pioneered and proven a new approach to next-generation geothermal, a 24/7 carbon-free energy resource crucial to solving climate change. With proven oil and gas technologies like horizontal drilling and distributed fiber optic sensing, we unlock geothermal energy in previously uneconomic locations, dramatically increasing geothermal’s resource potential. Get to know us as we define the next generation of geothermal development. Our team includes experienced renewable energy developers and oil and gas professionals working together to accelerate the clean energy transition. Let’s break down the most common misconceptions associated with the geothermal industry With innovation in place, strong commercial demand, policy support mounting, and strong cost-reduction forecasts, there’s nothing stopping the new era of geothermal energy. Thanks to advancements from Fervo, geothermal is no longer a niche, geographically limited energy source. When temperature i

Trades publicly as Fervo Energy.

As reported in public records reported — not modeled.

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Late — a round over $400M). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Benchmarked against 2049 companies in Other Energy. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Raised more than 100% of sector peers (real $). Modeled value above 99% of peers (estimate).

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

Not enough valued peers in this cohort to chart positioning.

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

1. Series B$26.3M2021-03-18
   • First recorded raise — entered as Series B.
   • 11 investors on this round.
2. Series D+$138.2M2022-08-08
   • Raised 17 mo later, in step with the ~12 mo sector norm.
   • Round 5.3× larger than the prior — scaling up.
   • 24 investors on this round.
3. Series D+$164.1M2024-02-07
   • Raised again after 18 mo — slower than the ~12 mo sector norm.
   • Round roughly the size of the prior one.
   • 17 investors on this round.
4. Series D+$138.5M2024-02-07
   • Filed alongside the prior round (same month) — likely a tranche or amendment.
   • Round roughly the size of the prior one.
   • 12 investors on this round.
5. Series D+$135.0M2024-12-13
   • Raised 10 mo later, in step with the ~12 mo sector norm.
   • Round roughly the size of the prior one.
   • 14 investors on this round.
6. Growth/Late$452.0M2025-12-04
   • Raised 12 mo later, in step with the ~12 mo sector norm.
   • Round 3.3× larger than the prior — scaling up.
   • 39 investors on this round.

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

Fervo Energy Co is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

Discovered from fervoenergy — the partnerships, launches, hiring and press it publishes about itself. Evidence the company is alive and what it is doing now, not financial data.

• UpdateA Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public
• UpdateGeothermal-Champion Fervo Energy’s Shares Soar in Trading Debut

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

See where Fervo Energy Co sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

If you work at Fervo Energy Co, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.