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GreenFire Energy
AddedFeb 15, 2024
UpdatedJul 9, 2026
GreenFire Energy

GreenFire Energy

Series A

GreenFire Energy engineers next-generation geothermal systems that deliver firm, scalable baseload power to industrial customers.

HQ
Oklahoma City, OK, US
Founded
2014
Overview
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Fundraising
Employees
News

GreenFire Energy engineers next-generation geothermal systems built for real-world operating conditions, repowering existing geothermal assets and enabling new greenfield development. Its single-well, multi-well, and hybrid configurations reduce development risk and shorten project timelines, and the company operates field-validated systems at megawatt scale. The approach is technology-agnostic, spanning advanced geothermal systems, enhanced geothermal systems, and conventional geothermal resources.

The company supplies scalable, behind-the-meter baseload power to energy-intensive industries including data centers, defense, and heavy industry, and it revitalizes underutilized fields using advanced heat recovery alongside proven oil and gas technology. GreenFire Energy holds a growing international patent portfolio and collaborates with partners including Baker Hughes, H&P, and Vallourec. It targets 150 megawatts of capacity by 2030 and aims to rank among the top global geothermal producers by 2040.

GreenFire Energy - Products & Services

  • GreenLoop logo

    GreenLoop

    GreenLoop is GreenFire Energy's closed-loop Advanced Geothermal System (AGS) for generating baseload power from existing and new geothermal resources.

GreenFire Energy - Similar Companies

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AltaRock Energy

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GreenFire Energy - Quick Facts

Who are GreenFire Energy's competitors?

Companies similar to GreenFire Energy include Fervo Energy, Quaise, Transitional Energy and GeoGenCo.

When was GreenFire Energy founded?

GreenFire Energy was founded in 2014.

Where is GreenFire Energy's headquarters located?

GreenFire Energy's headquarters is located in Oklahoma City, OK, US.

When was GreenFire Energy's last funding round?

GreenFire Energy's most recent funding round was for $20M (USD) in March 2022.

How much has GreenFire Energy raised to-date?

As of Mar 1, 2022, GreenFire Energy has raised a total of $22.6M (USD).

How many employees does GreenFire Energy have?

GreenFire Energy has 35 employees as of Feb 5, 2024.

GreenFire Energy - Classification

Ownership
  • Private
  • Venture Capital
Technology
  • Cleantech
  • Geothermal Energy
Geographic Exposure
  • Global
Revenue
  • Recurring
Customer
  • Enterprise
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
  • 221110Electric Power Generation
  • 221114Solar Electric Power Generation
SIC
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
Show 4 more industry codes
NAICS
  • 221115Wind Electric Power Generation
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services