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Form Energy was founded in 2017 by Marco Ferrara, Mateo Jaramillo, Ted Wiley, William Woodford, and Yet-Ming Chiang. According to the Sierra Sun Times in January 2024 “The California Energy Commission (CEC) in December approved a $30 million grant to Form Energy to build a long-duration energy storage,” they reported. Form Energy has not publicly endorsed a plan to participate in an IPO.
Form Energy is an energy storage developer that enables decarbonization for company electric systems. Per Forge data, Form Energy has raised $965.8 million in funding over 10 rounds. Their latest funding was raised on Dec 13, 2023, from a Grant round. Key investors include the California Energy Commission, NYSERDA, and The Rise Fund.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Form Energy is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Form Energy pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Form Energy is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
| Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
|---|---|---|---|---|
| 10/4/2022 | Series E | $455MM raised | $XXX.XX | $XXX.XX |
| 8/25/2021 | Series D | $252.5MM raised | $XXX.XX | $XXX.XX |
| 11/13/2020 | Series C | $82.9MM raised | $XXX.XX | $XXX.XX |
| 8/23/2019 | Series B | $40.17MM raised | $XXX.XX | $XXX.XX |
| 6/18/2018 | Series A | $10.96MM raised | $XXX.XX | $XXX.XX |
