Gradient Geothermal Overview
- Year Founded
-
2020
- Status
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Private
- Employees
-
9
- Latest Deal Type
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Series A
- (Cancelled)
- Latest Deal Amount
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$25M
- Investors
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5
Gradient Geothermal General Information
Description
Operator of a geothermal energy firm intended to transition existing oil and gas wellbores into clean, baseload power generators by extracting thermal energy and integrating off-the-shelf, modular power generation units. The company deploys modular geothermal power units in oil and gas basins across to generate clean electricity, reduce operating expenses and provide consistent power, provide baseload power, and eliminate surface disturbance by utilizing existing infrastructure, enabling oil and gas sectors to generate baseload, renewable power while minimizing environmental disturbance and risk.
Contact Information
Website
www.gradientgeothermal.comCorporate Office
- 730 17th Street
- Suite B-1
- Denver, CO 80202
- United States
Corporate Office
- 730 17th Street
- Suite B-1
- Denver, CO 80202
- United States
Gradient Geothermal Timeline
Gradient Geothermal Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Early Stage VC (Series A) | 24-Oct-2024 | $25M | Cancelled | Generating Revenue | ||
| 6. Seed Round | 24-Oct-2024 | Completed | Generating Revenue | |||
| 5. Grant | 30-May-2024 | Completed | Generating Revenue | |||
| 4. Grant | 19-Jan-2022 | Completed | Generating Revenue | |||
| 3. Angel (individual) | 01-Jan-2021 | Completed | Generating Revenue | |||
| 2. Grant | 30-Nov-2020 | $500K | Completed | Startup | ||
| 1. Joint Venture | 25-Feb-2020 | Completed | Startup |
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Gradient Geothermal Comparisons
Industry
Financing
Details
Gradient Geothermal Competitors (1)
One of Gradient Geothermal’s competitors is ICE Thermal Harvesting, a Venture Capital-Backed company based in Houston, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ICE Thermal Harvesting | Venture Capital-Backed | Houston, TX |
Gradient Geothermal Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Gradient Geothermal Patents
Gradient Geothermal Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12709962-B2 | Methods and devices for retaining conveyed heat up a wellbore | Active | 12-Jul-2024 | ||
| US-20260015921-A1 | Methods and devices for retaining conveyed heat up a wellbore | Active | 12-Jul-2024 | ||
| EP-4490428-A2 | Mobile oil stream energy recovery system | Pending | 11-Mar-2022 | ||
| EP-4490428-A4 | Mobile oil stream energy recovery system | Pending | 11-Mar-2022 | ||
| US-12571332-B2 | Mobile oil stream energy recovery system | Active | 11-Mar-2022 | F01K11/00 |
Gradient Geothermal Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Gradient Geothermal Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Colorado Governor's Energy Office | Government | |||
| U.S. Department of Energy | Government | Minority | ||
| Advanced Industries Accelerator | Government | |||
| Transitional Energy | Corporation | Minority | ||
| X Machina Capital Strategies | Family Office | Minority |
Gradient Geothermal Acquisitions (1)
Gradient Geothermal’s most recent deal was a Merger/Acquisition with Transitional Energy. The deal was made on 29-Nov-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Transitional Energy | 29-Nov-2023 | Merger/Acquisition | Energy Exploration |
Gradient Geothermal FAQs
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When was Gradient Geothermal founded?
Gradient Geothermal was founded in 2020.
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Where is Gradient Geothermal headquartered?
Gradient Geothermal is headquartered in Denver, CO.
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What is the size of Gradient Geothermal?
Gradient Geothermal has 9 total employees.
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What industry is Gradient Geothermal in?
Gradient Geothermal’s primary industry is Energy Production.
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Is Gradient Geothermal a private or public company?
Gradient Geothermal is a Private company.
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What is Gradient Geothermal’s current revenue?
The current revenue for Gradient Geothermal is .
-
How much funding has Gradient Geothermal raised over time?
Gradient Geothermal has raised $3.9M.
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Who are Gradient Geothermal’s investors?
Colorado Governor's Energy Office, U.S. Department of Energy, Advanced Industries Accelerator, Transitional Energy, and X Machina Capital Strategies have invested in Gradient Geothermal.
-
Who are Gradient Geothermal’s competitors?
ICE Thermal Harvesting is a competitor of Gradient Geothermal.
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