# Fervo Energy

**Source:** https://www.startuphub.ai/startups/fervo-energy
**Profile type:** Startup

> Developing next-generation geothermal energy projects.

## About

Fervo Energy is a renewable energy company focused on developing and deploying advanced geothermal energy projects. They utilize innovative drilling and reservoir technologies to unlock vast, untapped geothermal resources, providing firm, dispatchable, and carbon-free electricity. Their projects aim to deliver baseload renewable power at scale.

## Key facts

- **Slug:** fervo-energy
- **Website:** https://www.fervoenergy.com/
- **Location:** Houston, Texas, USA
- **Founded:** 2017-01-01 00:00:00
- **Employees:** 100
- **Operating status:** Inactive
- **Total funding:** $421M
- **Sectors / tags:** Energy, Renewable Energy, Geothermal Energy, Cleantech
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/fervo-energy/
  - Twitter: https://twitter.com/FervoEnergy

## Frequently asked

### What does Fervo Energy do?

Fervo Energy is a renewable energy company focused on developing and deploying advanced geothermal energy projects. They utilize innovative drilling and reservoir technologies to unlock vast, untapped geothermal resources, providing firm, dispatchable, and carbon-free electricity. Their projects aim to deliver baseload renewable power at scale.

### What is Fervo Energy's revenue?

StartupHub estimates Fervo Energy's annual revenue at $62.5M (range $33.8M to $177.7M, 71% confidence), based on comparable companies in the sector.

### What is Fervo Energy's valuation?

StartupHub estimates Fervo Energy's effective valuation at $1.1B (range $748.0M to $1.4B, 42% confidence), based on comparable companies in the sector.

### How much funding has Fervo Energy raised?

Fervo Energy has raised a total of $421M in funding. The most recent round on record is Project Financing.

### Where is Fervo Energy headquartered?

Fervo Energy is headquartered in Houston, Texas, USA.

### When was Fervo Energy founded?

Fervo Energy was founded in 2017.

### What industry does Fervo Energy operate in?

Fervo Energy operates in Energy, Renewable Energy, Geothermal Energy, Cleantech.

### How many employees does Fervo Energy have?

Fervo Energy has approximately 100 people on record.

### What is Fervo Energy's current status?

Fervo Energy's current operating status is: Inactive.

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