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Zanskar

Zanskar

Private
Salt Lake City, UtahEnergy & Sustainabilityhttps://zanskar.com/

Last Round

Debt

Apr 16, 2026

Est. Valuation

$115M

Total Funding Raised

$312M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Zanskar is a renewable energy company that utilizes artificial intelligence, big data, and advanced sensing techniques to discover and develop geothermal energy resources.

Sector

Energy & Sustainability

Verticals

Renewable Energy, ML Platforms

Business Model

B2B

Customer Profile

Usage-Based SaaS, Government Contracts, Services & Consulting

AI Layer

Application

Keywords

geothermal energygeothermal explorationindependent power producerIPPAI-driven explorationgeothermal power generationcarbon-free energyfirm powerpower purchase agreementPPAgeothermal techgreenfield geothermalgeothermal prospectinggeothermal AIclean energy tech24/7 carbon-free energy

Historical Pricing

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Caplight Momentum Score

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Zanskar Comparables

Compare Zanskar with similar companies based on industry and business-model similarity.

Zanskar comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Ignis H2 Energy
81%
Fervo Energy
81%
Sage Geosystems
79%

Zanskar Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtApr 16, 2026
Series CJan 21, 2026
Series CJan 21, 2026
Series BMay 6, 2024
Series AAug 26, 2022
Seed
Apr 1, 2021

Key People

Founding team and executive leadership

Joel Edwards

CTO, Co-Founder

Founding Team

Carl Hoiland

Co-Founder and CEO

Founding Team

Zanskar Investors

Notable investors and investment history

Zanskar investors
InvestorRounds
TranquillionSeries C
University Growth FundSeries C
Orion Industrial VenturesSeries C
Just ClimateSeries C, Debt
Munich Re VenturesSeries A, Series B, Series C
All Aboard FundSeries C
Spring Lane CapitalDebt, Series C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 30, 2026

    Grew 20% QoQ, from 94 to 113 employees.

  • Apr 16, 2026

    Will use project financing to build multiple U.S. geothermal power plants.

Recent news

Latest coverage and updates

  • is_developingAug 10, 2026

    Zanskar is developing AI Platform for Geothermal Exploration.

  • expands_facilitiesJul 30, 2026

    Zanskar was planning to expand facilities to New Mexico, United States, Northern America, Americas on Jun 1st '24.

  • expands_facilitiesJul 29, 2026

    Zanskar expanded facilities to New Mexico, United States, Northern America, Americas on Jun 1st '24.

  • invests_into_assetsJul 29, 2026

    Zanskar invested into assets: geothermal power plant in New Mexico, United States, Northern America, Americas on Jun 1st '24.

Zanskar Filings

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Zanskar filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Zanskar's valuation, stock price, and market status.

Is Zanskar a public or private company?

Zanskar is a private company.

What is the current stock price of Zanskar?

Zanskar is a private company with no public stock price. No recent secondary market data is available.

How much is Zanskar worth (valuation)?

Valuation information for Zanskar is not publicly available.

Can I buy Zanskar stock?

Zanskar shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Zanskar's last funding round?

Zanskar's most recent funding round was Series C on January 21, 2026.

Who are the main investors in Zanskar?

Key investors in Zanskar include Spring Lane Capital, Union Square Ventures, Obvious Ventures, Lowercarbon Capital, Azolla Ventures.

Will Zanskar IPO soon?

No public IPO plans have been announced for Zanskar.

How can I track Zanskar secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Zanskar's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSalt Lake City, Utah
Employee Range96
Year Founded2021
Last FundingApr 16, 2026

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