Rondo Energy

Oakland, CA · Founded 2020 · Privately Held (backing)

Provider of renewable energy management products and services intended to make industrial decarbonization possible. Rondo Energy is based in Oakland, CA and was founded in 2020. It was valued at $347 million at its early-stage round in Dec 2024, the last priced event on record. It has raised $195 million across 1 recorded round; the latest was a $25.1 million early-stage round in Jan 2022.

PMV mark · valuation
$347.0M
Oct 2026
Priced at
its early-stage round
Dec 2024
Total raised
$195.1M
Last round
Early Stage VC
Jan 2022

Rondo Energy key facts

as of Oct 2026
  • Provider of renewable energy management products and services intended to make industrial decarbonization possible.
  • Rondo Energy is valued at approximately $347.0M as of Oct 2026, set at its early-stage round, Dec 2024; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $195.1M across 1 recorded rounds; the latest was Early Stage VC ($25.1M) in Jan 2022.
  • Notable investors include Breakthrough Energy, Aramco Ventures, Free Electrons, Energy Impact Partners, European Investment Bank — 17 tracked in total.
  • Rondo Energy has filed 1 Form D with the SEC, most recently Jun 2022 ($25.1M sold to 7 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$347.0M

Valued at $347.0M at its early-stage round, Dec 2024. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Rondo Energy funding rounds

1 rounds
Jan 2022Early Stage VC$25.1MSEC filing▮

Rondo Energy valuation

Rondo Energy was valued at $347 million at its early-stage round in Dec 2024. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Rondo Energy raised?

Rondo Energy has raised $195 million in total; 1 of its rounds is on record. The largest on record was a $25.1 million early-stage round in Jan 2022.

Rondo Energy has filed 1 Form D with the SEC, most recently in Jun 2022 ($25.1 million sold to 7 investors).

Rondo Energy investors

17 investors are on record for Rondo Energy, including Breakthrough Energy, Aramco Ventures, Free Electrons and Energy Impact Partners. The early-stage round in Jan 2022 drew 7 investors.

About Rondo Energy

Provider of renewable energy management products and services intended to make industrial decarbonization possible. The company captures low-cost renewable electricity and delivers continuous high-temperature heat, enabling clients to power their operations with zero-carbon energy.

Sector
Energy
HQ
Oakland, CA, United States
Founded
2020
Employees
151
Website
rondo.com/
Ownership
Privately Held (backing)

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