Private Market View

Mainspring

Menlo Park, CA · Founded 2010 · Privately Held (backing)

Last price · $/share
Implied valuation
$1.9B
Total raised
$849.5M
Last round

Key facts

  • Mainspring’s last known valuation is $1.9B (Apr 2025).
  • It has raised $849.5M; the latest was Later Stage VC ($258.0M) in Apr 2025.
  • Notable investors include Alumni Ventures, General Catalyst, Khosla Ventures, U.S. Department of Energy, F-Prime Capital37 tracked in total.
  • Status: Privately Held (backing).
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Funding rounds

No rounds on record

No funding rounds for Mainspring are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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About Mainspring

Manufacturer of linear power generators intended to bring affordable, reliable, and net-zero carbon grids of the future. The company's generators use a low-temperature reaction of air and fuel to drive magnets through copper coils to efficiently produce electricity, enabling clients to avail of electricity at a lower cost with higher reliability and lower carbon than the electric grid.

Sector
Energy
HQ
Menlo Park, CA, United States
Founded
2010
Employees
478
Ownership
Privately Held (backing)
PA Mark — not yet priced

Mainspring doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.

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Recorded secondary trades

No prints on record

No secondary trades in Mainspring shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.

Pro members can request priority coverage with a 48-hour turnaround.

Institutional fund marks

No fund marks yet

No SEC-registered fund has reported a fair-value mark on Mainspring in its N-PORT filings yet. We sweep new filings monthly.

Pro members can request priority coverage with a 48-hour turnaround.