Crusoe

Private

Vertically integrated AI infrastructure company that builds and operates data centers powered by stranded and wasted energy sources, offering cloud computing services purpose-built for AI workloads.

Founders Chase Lochmiller
CEO Chase Lochmiller

Company

Founded
2018
Headquarters
Denver, United States

Financials

Total Funding
$2.5B
Last Valuation
$10.0B
Sectors
Artificial Intelligence Climate Tech Cloud Computing
crusoe.ai

Funding History

6 rounds
Series E Oct 24, 2025
$1.4B
Valuation: $10.0B
Valor Equity Partners (Lead) Mubadala Investment Company Founders Fund Fidelity Investments Franklin Templeton Lowercarbon Capital NVIDIA Radical Ventures Ribbit Capital Salesforce Ventures Spark Capital T. Rowe Price Tiger Global Management Supermicro Winklevoss Capital Zigg Capital
Series D Dec 12, 2024
$600M
Valuation: $2.8B
Founders Fund (Lead) Fidelity Investments Long Journey Ventures Mubadala Investment Company NVIDIA Ribbit Capital Valor Equity Partners
Series C Apr 21, 2022
$350M
Valuation: $1.8B
G2 Venture Partners (Lead) Valor Equity Partners Lowercarbon Capital Polychain Capital Bain Capital Ventures Founders Fund Winklevoss Capital Zigg Capital DRW Venture Capital Exor Inclusive Capital Partners Felicis Ventures Mitsui & Co.
Series B Apr 26, 2021
$128M
Valor Equity Partners (Lead) Lowercarbon Capital DRW Venture Capital Founders Fund Bain Capital Ventures Coinbase Ventures Polychain Capital KCK Group Winklevoss Capital Exor Zigg Capital
Series A Dec 6, 2019
$30M
Bain Capital Ventures (Lead) KCK Group Founders Fund Winklevoss Capital Polychain Capital
Seed May 3, 2019
$5M
Bain Capital Ventures (Lead) Founders Fund Wicklow Capital Winklevoss Capital Dragonfly Capital Partners

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.