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Torus (Energy Storage)

Energy Storage · Salt Lake City, UT · Founded 2021 · Privately Held (backing)

Developer of renewable energy technology intended to empower individuals and communities to become their own renewable utility providers. Torus (Energy Storage) is based in Salt Lake City, UT and was founded in 2021. It was valued at $266 million at its early-stage round in Mar 2024, the last priced event on record. It has raised $267 million across 1 recorded round; the latest was a $67 million Series A in Mar 2024.

PMV mark · valuation
$265.7M
Oct 2026
Priced at
its early-stage round
Mar 2024
Total raised
$267.0M
Last round
Early Stage VC (Series A)
Mar 2024

Torus (Energy Storage) key facts

as of Oct 2026
  • Developer of renewable energy technology intended to empower individuals and communities to become their own renewable utility providers.
  • Torus (Energy Storage) is valued at approximately $265.7M as of Oct 2026, set at its early-stage round, Mar 2024; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $267.0M across 1 recorded rounds; the latest was Early Stage VC (Series A) ($67.0M) in Mar 2024.
  • Notable investors include Alumni Ventures, Service Provider Capital, Greycroft, Pelion Venture Partners, EPIC Ventures — 14 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$265.7M

Valued at $265.7M at its early-stage round, Mar 2024. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Torus (Energy Storage) funding rounds

1 rounds
Mar 2024Early Stage VC (Series A)$67.0M▮
Full funding history →

Torus (Energy Storage) valuation

Torus (Energy Storage) was valued at $266 million at its early-stage round in Mar 2024. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Torus (Energy Storage) raised?

Torus (Energy Storage) has raised $267 million in total; 1 of its rounds is on record. The largest on record was a $67 million Series A in Mar 2024.

Torus (Energy Storage) investors

14 investors are on record for Torus (Energy Storage), including Alumni Ventures, Service Provider Capital, Greycroft and Pelion Venture Partners. By type, the record holds 4 venture capital firms, 2 family offices and 1 hedge fund. The Series A in Mar 2024 drew 10 investors.

About Torus (Energy Storage)

Developer of renewable energy technology intended to empower individuals and communities to become their own renewable utility providers. The company offers a flywheel and power management tool that stores, manages, and utilizes energy to decarbonize homes, enabling customers to have a grid backup plan.

Industry
Energy Storage
Sector
Energy
HQ
Salt Lake City, UT, United States
Founded
2021
Employees
122
Website
torus.co/
Ownership
Privately Held (backing)

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