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Fervo Energy
NASDAQ: FRVOUnicorn · $7.4BHouston, US · Founded 2017 · Delaware corporation · 301 employees on LinkedIn · 23 known investors
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Fervo Energy develops next-generation geothermal technology using advanced drilling and sensing techniques to unlock carbon-free, 24/7 power generation in previously uneconomic locations.
Founders & leadership
Fervo Energy was founded in 2017 by Tim Latimer and Jack Norbeck.
Board
Investors · 23
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How we know: B Capital Group's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the S-1 prospectus · a partner's Signal profile · board seat on SEC Form D · Not right? Tell us
How we know: Congruent Ventures's portfolio page · a partner's Signal profile · press coverage · the VCSheet dataset · Not right? Tell us
How we know: DCVC (Data Collective)'s portfolio page · the S-1 prospectus · board seat on SEC Form D · press coverage · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: ISV's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: Khosla Ventures's portfolio page · Not right? Tell us
How we know: Marunouchi Innovation Partners's portfolio page · press coverage · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Prelude Ventures's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: WovenEarth's portfolio page · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the S-1 prospectus · Not right? Tell us
How we know: press coverage · the VCSheet dataset · Not right? Tell us
How we know: press coverage · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: press coverage · Not right? Tell us
How we know: press coverage · Not right? Tell us
Funding
SEC filings, press & company announcements$5B disclosed across 7 rounds · 2021–2026
▶$452MraisedDec 2025 · 39 investors · Other EnergyRule 506(b)
- Jane WoodwardDirector
- Anne ClearyDirector
- Ion YadigarogluDirector
- Christina KarapatakiDirector
- Jack NorbeckExecutive Officer, Director
- Rachel SlaybaughDirector
- Tanuj DuttaDirector
- Timothy LatimerExecutive Officer, Director
- Offering amount
- $462M
- Amount sold
- $452M
- First sale
- Dec 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$135MraisedDec 2024 · 14 investors · Other EnergyRule 506(b)
- Jane WoodwardDirector
- Timothy LatimerExecutive Officer, Director
- Anne ClearyDirector
- Ion YadigarogluDirector
- David Thomas DanielsonDirector
- Tanuj DuttaDirector
- Rachel SlaybaughDirector
- Jack NorbeckExecutive Officer, Director
- Offering amount
- $135M
- Amount sold
- $135M
- First sale
- Dec 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$164.1MraisedMar 2024 · 17 investors · Other EnergyRule 506(b)
- Timothy LatimerExecutive Officer, Director
- Tanuj DuttaDirector
- Anne ClearyDirector
- Jane WoodwardDirector
- Jack NorbeckExecutive Officer, Director
- David Thomas DanielsonDirector
- Ion YadigarogluDirector
- Rachel SlaybaughDirector
- Offering amount
- $244.1M
- Amount sold
- $164.1M
- Finders' fees
- $1M
- Placement agents
- Goldman Sachs & Co. LLC
- First sale
- Feb 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$138.2MraisedAug 2022 · 24 investors · Other EnergyRule 506(b)
- David Thomas DanielsonDirector
- Timothy LatimerExecutive Officer, Director
- Jack NorbeckDirector
- Matt TrevithickDirector
- Jane WoodwardDirector
- Ion YadigarogluDirector
- Offering amount
- $138.2M
- Amount sold
- $138.2M
- First sale
- Aug 2022
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$26.3MraisedApr 2021 · 11 investors · Other EnergyRule 506(b)
- Timothy LatimerExecutive Officer, Director
- David Thomas DanielsonDirector
- Jack NorbeckDirector
- Nicholas WalrodDirector
- Ion YadigarogluDirector
- Offering amount
- $28.3M
- Amount sold
- $26.3M
- First sale
- Mar 2021
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Founder mafia
2 people who came through Fervo Energy went on to found or lead other companies.
Related companies · 4
Companies working in the same space as Fervo Energy.
In the news
Frequently asked questions
- What does Fervo Energy do?
- Fervo Energy develops next-generation geothermal technology using advanced drilling and sensing techniques to unlock carbon-free, 24/7 power generation in previously uneconomic locations.
- Who founded Fervo Energy?
- Fervo Energy was founded by Tim Latimer, Jack Norbeck in 2017.
- Who are Fervo Energy's investors?
- Fervo Energy's investors include B Capital Group, B4 Capital, Baruch Future Ventures, Beast Ventures, Breakthrough Energy Ventures, Carbon, Congruent Ventures, DCVC (Data Collective) and 15 more.
- How much funding has Fervo Energy raised?
- Fervo Energy has disclosed $5B raised across 7 rounds.
- Where is Fervo Energy headquartered?
- Fervo Energy is headquartered in Houston, US.