Company profile: Base Power
1.1 - Company Overview
Company description
- Provider of residential backup battery systems and retail energy services, including home battery solutions (20β50 kWh) that deliver up to three days of wholeβhome power during outages, perform grid balancing to reduce energy bills, and integrate with existing solar panels, plus electricity plans with rates below market averages for homes with or without solar.
Products and services
- Base Battery System: A residential-grade home backup power assembly offering 20β50 kWh capacity, automatically powers the entire home up to three days during outages and supports grid balancing and solar integration
- Energy Provider Service: A utility-grade electricity plan with guaranteed below-market average rates, integrating seamlessly with existing solar systems and offering options for homes with or without solar panels
- Solar Integration: A modular service enabling Base batteries to work with existing solar panels, enhancing energy savings and outage protection by storing solar energy and coordinating grid balancing
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Base Power
New England Battery Storage
HQ: United States
Website
- Description: Provider of utility-scale battery energy storage development and operations, including New England's first fully integrated merchant battery energy storage system participating in ISO-New England day-ahead and real-time markets; focused on grid-scale power distribution projects.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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eTec EVS
HQ: United States
Website
- Description: Provider of research, development, and testing services for advanced transportation and energy systems, specializing in alternative-fuel, hybrid, and electric vehicles and infrastructure.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
View full eTec EVS company profile β
American Vanadium
HQ: Canada
Website
- Description: Provider of energy solutions offering energy storage systems, electric gd, and renewable energy generation services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Sunverge
HQ: United States
Website
- Description: Provider of integrated solar solutions for distributed generation and storage, offering the Sunverge Solar Integration System (SIS) Release 1.2 to distribute renewable energy generation and storage, and the Sunverge SISport load management software to support shaping and shifting peak residential load.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
View full Sunverge company profile β
Tiamat Energy
HQ: France
Website
- Description: Provider of innovative energy storage solutions, designing, developing, and producing Na-ion technology-based 18650 cells with properties suited for power applications, fast charging, and enhanced cycle life; spun off from CEA/CNRS in late 2017.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Base Power
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Key Products: ββββββββ, ββββββββ, ββββββββ, ββββββββ
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Buyer group 2: ββββββββ ββββββββ
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Key Products: ββββββββ, ββββββββ, ββββββββ, ββββββββ
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Buyer group 3: ββββββββ ββββββββ
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Key Products: ββββββββ, ββββββββ, ββββββββ, ββββββββ
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Base Power
2.2 - Growth funds investing in similar companies to Base Power
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4 - Top valuation comps for Base Power
4.2 - Public trading comparable groups for Base Power
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