{"id":"eb6a8ecd-043b-438e-898e-03927c602450","name":"Base Power","slug":"base-power","description":"Home battery and virtual power plant (VPP) company co-founded by [Zach Dell](/people/zach-dell) (CEO, son of Michael Dell) and [Justin Lopas](/people/justin-lopas) (COO) in 2023. Raised $2.5B total including $1B Series C (Oct 2025) and $1B Series D (Aug 2026) at $13B valuation. Installing 8 MWh/day of home batteries across Texas and Chicago. 100 MW VPP deal with CoServ. Leases batteries for $19/month.","status":"private","founded":2023,"hq":"Austin, Texas, USA","hqLat":null,"hqLng":null,"hqGeocodedAt":null,"hqAddress":null,"hqPrecision":null,"website":null,"fundingTotal":null,"type":"hardware","reviewStatus":"reviewed","lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://dallasinnovates.com/after-expanding-in-dfw-base-power-raises-1b-to-take-its-battery-model-beyond-texas/","title":"Texas Startup Base Power Announces $1B Raise After Expanding to DFW","sourceName":"Dallas Innovates"},{"url":"https://www.wsj.com/business/energy-oil/zach-dell-is-raising-money-to-put-a-battery-in-your-backyard-cd7e52e8","title":"Zach Dell Is Raising Money to Put a Battery in Your Backyard","sourceName":"WSJ"}],"keyFacts":[{"label":"Total funding","value":"$2.5B"},{"label":"Valuation","value":"$13B (Aug 2026)"},{"label":"Install rate","value":"8 MWh/day"},{"label":"VPP deal","value":"100 MW with CoServ"},{"label":"Lease price","value":"$19/month"},{"label":"Batteries installed","value":"23,000+ across Texas and Chicago"},{"label":"Homes deployed","value":"30,000+"},{"label":"MWh deployed","value":"500+ MWh"},{"label":"VPP capacity","value":"200+ MW across 3 utility programs"},{"label":"Factory","value":"Factory 1, Austin TX"},{"label":"Expansion","value":"Texas + Illinois"}],"aliases":["Base Power Company","Base"],"collisionRisk":"low","reviewNote":null,"atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":null,"stockExchange":null,"secCik":null,"revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":null,"employeeCountBasis":null,"employeeCountAsOf":null,"marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-08-19T16:56:04.447Z","updatedAt":"2026-08-19T17:09:12.961Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/base-power","url":"https://registry.deploy.report/companies/base-power","name":"Base Power","alternateName":["Base Power Company","Base"],"description":"Home battery and virtual power plant (VPP) company co-founded by [Zach Dell](/people/zach-dell) (CEO, son of Michael Dell) and [Justin Lopas](/people/justin-lopas) (COO) in 2023. Raised $2.5B total including $1B Series C (Oct 2025) and $1B Series D (Aug 2026) at $13B valuation. Installing 8 MWh/day of home batteries across Texas and Chicago. 100 MW VPP deal with CoServ. Leases batteries for $19/month.","identifier":"eb6a8ecd-043b-438e-898e-03927c602450","foundingDate":"2023","address":"Austin, Texas, USA","publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":2,"primary_source_types":["secondary-established-publication"]}}}