Fervo Energy Stock

fervoenergy.comEnergy / Clean EnergyFounded: 2017Funding to Date: $836.58MM

Fervo Energy is a clean energy company that develops geothermal technology to provide carbon-free energy in previously uneconomic locations.

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Private Market Pricing DetailsValuation & Financings

Fervo Energy Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Fervo Energy Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
02/07/2024 Series D-2 $7.06MM $xx.xx $623.22MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
3,280,164
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
02/07/2024 Series D-1 $157.04MM $xx.xx $623.22MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
62,015,710
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
08/22/2022 Series C-3 $18.02MM $xx.xx $321.77MM DCVC, CPP Investments, Liberty Energy, Macquarie, Grantham Foundation, Impact Science Ventures, Prelude Ventures, Capricorn Investment Group, Breakthrough Energy Ventures, Congruent Ventures, 3X5 Partners, Helmerich & Payne, Elemental Excelerator
Price per Share
$xx.xx
Shares Outstanding
10,676,143
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
DCVC, CPP Investments, Liberty Energy, Macquarie, Grantham Foundation, Impact Science Ventures, Prelude Ventures, Capricorn Investment Group, Breakthrough Energy Ventures, Congruent Ventures, 3X5 Partners, Helmerich & Payne, Elemental Excelerator
08/22/2022 Series C-2 $10.16MM $xx.xx $321.77MM DCVC, CPP Investments, Liberty Energy, Macquarie, Grantham Foundation, Impact Science Ventures, Prelude Ventures, Capricorn Investment Group, Breakthrough Energy Ventures, Congruent Ventures, 3X5 Partners, Helmerich & Payne, Elemental Excelerator
Price per Share
$xx.xx
Shares Outstanding
5,017,904
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
DCVC, CPP Investments, Liberty Energy, Macquarie, Grantham Foundation, Impact Science Ventures, Prelude Ventures, Capricorn Investment Group, Breakthrough Energy Ventures, Congruent Ventures, 3X5 Partners, Helmerich & Payne, Elemental Excelerator
08/22/2022 Series C-1 $110.1MM $xx.xx $321.77MM DCVC, CPP Investments, Liberty Energy, Macquarie, Grantham Foundation, Impact Science Ventures, Prelude Ventures, Capricorn Investment Group, Breakthrough Energy Ventures, Congruent Ventures, 3X5 Partners, Helmerich & Payne, Elemental Excelerator
Price per Share
$xx.xx
Shares Outstanding
43,481,861
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
DCVC, CPP Investments, Liberty Energy, Macquarie, Grantham Foundation, Impact Science Ventures, Prelude Ventures, Capricorn Investment Group, Breakthrough Energy Ventures, Congruent Ventures, 3X5 Partners, Helmerich & Payne, Elemental Excelerator
04/30/2021 Series B $28.34MM $xx.xx $73.73MM Capricorn Investment Group, Breakthrough Energy Ventures, 3X5 Partners, Congruent Ventures, Elemental Excelerator, Helmerich & Payne
Price per Share
$xx.xx
Shares Outstanding
24,596,454
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Capricorn Investment Group, Breakthrough Energy Ventures, 3X5 Partners, Congruent Ventures, Elemental Excelerator, Helmerich & Payne
07/03/2019 Series A-1 $124,991 $xx.xx $26.29MM Breakthrough Energy Ventures, 3X5 Partners, Congruent Ventures, Elemental Excelerato
Price per Share
$xx.xx
Shares Outstanding
2,452,745
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Breakthrough Energy Ventures, 3X5 Partners, Congruent Ventures, Elemental Excelerato
07/03/2019 Series A $11.25MM $xx.xx $26.29MM Breakthrough Energy Ventures, 3X5 Partners, Congruent Ventures, Elemental Excelerato
Price per Share
$xx.xx
Shares Outstanding
14,542,395
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Breakthrough Energy Ventures, 3X5 Partners, Congruent Ventures, Elemental Excelerato

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Fervo Energy stock FAQs

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Can you buy Fervo Energy stock?

As Fervo Energy is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Fervo Energy, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Fervo Energy stock?

To invest in a private company like Fervo Energy through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Fervo Energy stock?

Yes, you may sell the Fervo Energy stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Fervo Energy stock?

If you hold private company shares of Fervo Energy – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Fervo Energy on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Fervo Energy a public company?

No, Fervo Energy is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Fervo Energy’s stock price?

Fervo Energy is a privately held company and therefore does not have a public stock price. However, you may access Fervo Energy private market stock price with Forge Data.
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What is Fervo Energy’s stock ticker symbol?

Fervo Energy does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Fervo Energy’s news and media highlights

Geothermal startup Fervo Energy has signed its largest contract to date: a deal to sell 320 megawatts of power from its Utah project to Southern California Edison, the main electric utility for Southern California. The Houston-based company said the two 15-year power purchase agreements were its first with an investor-owned utility and the largest of its kind for geothermal energy. Fervo called the deal a milestone for the advancement of a technology the Department of Energy said was crucial to meet the country’s pressing power demands while also decarbonizing the grid.
Fervo Energy (“Fervo”), the leader in next-generation geothermal energy, announced today the execution of two power purchase agreements (PPAs) totaling 320 MW with Southern California Edison (SCE), one of the nation’s largest utilities. The 15-year agreements for 24/7 carbon-free geothermal energy will provide reliable, clean, and affordable power for the equivalent of 350,000 homes across Southern California and support SCE’s vision to help California transition to a cleaner energy future.
This latest round of funding included entities like Galvanize Climate Solutions, John Arnold, Liberty Mutual Investments, Marunouchi Innovation Partners, Mercuria and Mitsubishi Heavy Industries. The fundraise will support the company’s continued operations at Cape Station — a geothermal energy facility that is estimated to deliver some 400 MW of clean electricity, beginning in 2026 and reaching full potential in 2028.
Geothermal startup Fervo Energy announced a key technical milestone on Tuesday, paving the way for geothermal energy to play a bigger role in the transition to clean energy. Fervo drills deep wells and pumps water into them. The water grows hot from the heat of the earth, then Fervo pumps it back to the surface, where a turbine converts that heat to electricity. Fervo successfully completed a 30-day test, considered an industry standard for geothermal, at its commercial pilot plant in northern Nevada, the company said in a statement.
Updated on: Nov 17, 2024

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