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Torus sells residential energy storage batteries designed to store renewable power from hydro, wind, and solar. The units are made with 95% recyclable materials and can last up to three times longer than traditional chemical batteries. The batteries are sold directly to homeowners who want to reduce grid reliance and act as their own utility. A key feature is real-time monitoring that shows home energy use, renewable production, and battery status with updates every second. Torus helps customers qualify for a 30% federal tax credit, making the system more affordable. Unlike many competitors, Torus emphasizes long life and high recyclability, targets eco-conscious homeowners seeking energy independence, and provides an easy-to-use monitor and tax credit guidance to simplify adoption.
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Industries
Data & Analytics
Energy
Consumer Software
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$267M
Headquarters
Lehi, Utah
Founded
2021
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Total Funding
$267M
Above
Industry Average
Funded Over
3 Rounds
Company Equity
401(k) Retirement Plan
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Remote Work Options
Paid Vacation
Paid Holidays
Parental Leave
Mental Health Support
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We're working on gathering enough insights on this company, check back soon!
Industries
Data & Analytics
Energy
Consumer Software
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$267M
Headquarters
Lehi, Utah
Founded
2021
Find jobs on Simplify and start your career today