AltaRock Overview
- Year Founded
-
2007
- Status
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Private
- Employees
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12
- Latest Deal Type
-
Grant
- Latest Deal Amount
-
$3.87M
- Investors
-
8
AltaRock General Information
Description
Operator of a geothermal energy technology intended to offer clean, affordable, renewable energy available anywhere and everywhere. The company's technology focuses on the development and commercialization of geothermal systems and applications of EGS technology to improve existing geothermal power sites, enabling energy industry to cost-effectively reduce dry-hole risk, expand the capacity of existing geothermal resources, and increase profitability.
Contact Information
Website
www.altarockenergy.comCorporate Office
- 4010 Stone Way North
- Suite 400
- Seattle, WA 98103
- United States
Corporate Office
- 4010 Stone Way North
- Suite 400
- Seattle, WA 98103
- United States
AltaRock Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Grant | 09-Sep-2019 | $3.87M | Completed | Generating Revenue | ||
| 6. Grant | 01-Dec-2014 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 30-Jan-2012 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 01-Jan-2011 | Completed | Startup | |||
| 3. Early Stage VC (Series B) | 19-Aug-2008 | Completed | Startup | |||
| 2. Grant | 01-Jan-2008 | $6M | $4M | Completed | Startup | |
| 1. Early Stage VC (Series A) | 14-Aug-2007 | $4M | $4M | Completed | Startup |
AltaRock Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A |
AltaRock Comparisons
Industry
Financing
Details
AltaRock Competitors (2)
One of AltaRock’s 2 competitors is Enel Green Power, a Corporation company based in Rome, Italy.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Enel Green Power | Corporation | Rome, Italy | ||||
| Cyrq Energy | Private Equity-Backed | Salt Lake City, UT |
AltaRock Patents
AltaRock Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2022405004-A1 | Methods of forming a permeable proppant pack in a geothermal formation | Pending | 08-Dec-2021 | ||
| CA-3239682-A1 | Methods of forming a permeable proppant pack in a geothermal formation | Pending | 08-Dec-2021 | ||
| EP-4444819-A2 | Methods of forming a permeable proppant pack in a geothermal formation | Pending | 08-Dec-2021 | ||
| EP-4444819-A4 | Methods of forming a permeable proppant pack in a geothermal formation | Pending | 08-Dec-2021 | ||
| WO-2023107546-A2 | Methods of forming a permeable proppant pack in a geothermal formation | Inactive | 08-Dec-2021 | C09K8/805 |
AltaRock Signals
AltaRock Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Arpa-E | Government | |||
| GreatPoint Foundry | Venture Capital | Minority | ||
| Advanced Technology Ventures | Venture Capital | Minority | ||
| Cercano Management | PE/Buyout | Minority | ||
| Google Foundation | Limited Partner | Minority |
AltaRock Investments (1)
AltaRock’s most recent deal was a Corporate Asset Purchase with AltaRock (Blue Mountain Geothermal Project). The deal was made on 20-May-2015.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| AltaRock (Blue Mountain Geothermal Project) | 20-May-2015 | Corporate Asset Purchase | Other Energy |
AltaRock FAQs
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When was AltaRock founded?
AltaRock was founded in 2007.
-
Where is AltaRock headquartered?
AltaRock is headquartered in Seattle, WA.
-
What is the size of AltaRock?
AltaRock has 12 total employees.
-
What industry is AltaRock in?
AltaRock’s primary industry is Energy Production.
-
Is AltaRock a private or public company?
AltaRock is a Private company.
-
What is AltaRock’s current revenue?
The current revenue for AltaRock is .
-
How much funding has AltaRock raised over time?
AltaRock has raised $40.7M.
-
Who are AltaRock’s investors?
Arpa-E, GreatPoint Foundry, Advanced Technology Ventures, Cercano Management, and Google Foundation are 5 of 8 investors who have invested in AltaRock.
-
Who are AltaRock’s competitors?
Enel Green Power and Cyrq Energy are competitors of AltaRock.
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