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Startup · United States

Crusoe

HQ DenverFounded 20181001-5000 employees

Crusoe provides next-gen AI infrastructure and cloud compute using an energy-first approach. Deploy AI workloads at scale with reliable performance and 24/7 support.

Startup
Website
Total raised
~$6.39B
15 rounds
Last round
$3.90B
Series E+ · Sep 17, 2026
Systems
4

Funding15 rounds · ~$6.39B

Equity raised
~$6.39B
Debt, secondaries & grants
~$1.84B
Latest
$3.90BSeries E+ · Sep 17, 2026
Last valuation
$30.90BPost-money · Series E+ · Sep 17, 2026
Cumulative raised$6.39B
May 3, 2019Sep 17, 2026
Valuation over time$30.90B · Sep 17, 2026
Valuation over timeReported valuation rose from $1.75B (Apr 21, 2022) to $30.90B (Sep 17, 2026) across 4 valued rounds. 2 post-money, 2 without a stated pre/post basis.
Valuations by round
AnnouncedStageValuationBasis
Apr 21, 2022Series C$1.75BPost-money
Dec 12, 2024Series D$2.80BBasis not stated
Oct 24, 2025Series E+$10.00BBasis not stated
Sep 17, 2026Series E+$30.90BPost-money
View all 15 funding rounds →

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Systems4

Crusoe Cloud

Cloud computing platform for AI model training and inference workloads.

Maturity not rated

Crusoe Spark

Modular data-center system designed for AI computing.

Maturity not rated

Newest unveiled first. Open a system for its milestone timeline, components and sources.

People6

All 6 people →

Sources25

Show all 25 sources and supporting evidence

Profile4

  1. 1
    DatabaseCrusoe - PitchBook company profile

    PitchBook · Supports Organization · employee range, Organization · founded year, Organization · linkedin url, Organization · x url

    “employee_range: 1001-5000 (profile: 1800)”
  2. 2
    DatabaseSixth-Domain public startups directory

    Sixth-Domain · Supports Organization · country, Organization · kind

    “{"country": "USA", "hq_iso2": "US", "id": "559ca23e-89ab-46a0-b316-49f4df96c37b"}”
  3. 3
    DatabaseCrusoe - LinkedIn company profile

    LinkedIn · Supports Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url

    “employee_range: 1001-5000 (profile: 1,001-5,000 employees)”
  4. 4
    DatabaseCrusoe - Owler company profile

    Owler · Supports Organization · founded year, Organization · hq city, Organization · linkedin url, Organization · x url

    “founded_year: 2018”

Systems3

  1. 5
    CompanyCrusoe | The AI factory company

    Crusoe · Supports Organization · description, Organization · name, Organization · website, System

    “Crusoe provides next-gen AI infrastructure and cloud compute using an energy-first approach. Deploy AI workloads at scale with reliable performance and 24/7 support.”
  2. 6
    CompanyCrusoe Cloud | AI Platform & Services

    Crusoe · Supports System

    “Crusoe Cloud clears the path for AI builders. You focus on models and agentic workloads, we handle scaling world-class infrastructure.”
  3. 7
    CompanyModular AI data centers for manufacturing | Crusoe

    Crusoe · Supports System

    “Crusoe SparkTM is an AI-optimized modular data center that can be deployed anywhere.”

Funding17

  1. 8
    CompanyQIA Participates in Crusoe's $3.9 Billion Series F Funding Round

    Qatar Investment Authority · Sep 17, 2026 · Supports Funding round · post money valuation usd

    “at a $30.9 billion post-money valuation”
  2. 9
    CompanyCrusoe Raises $3.9 Billion Series F for its Vertically-Integrated AI Infrastructure Platform

    TPG (Crusoe press release) · Sep 17, 2026 · Supports Funding round · amount, Organization · ownership

    “today announced the initial closing of its anticipated $3.9 billion Series F funding round, at a $30.9 billion post-money valuation”
  3. 10
    CompanyCrusoe 2025 impact report: sustainable intelligence | Crusoe

    Crusoe · May 28, 2026 · Supports Funding round · amount, Funding round · post money valuation usd

    “Closed a $1.375 billion Series E at a valuation exceeding $10 billion”
  4. 11
    NewsAMD underwrites $300m Crusoe loan so data center firm can buy its AI chips

    DatacenterDynamics · Feb 19, 2026 · Supports Funding round · amount

    “AMD is reportedly acting as guarantor for Crusoe on a $300 million loan”
  5. 12
    NewsAMD to backstop $300 million Crusoe loan, The Information reports

    Reuters · Feb 19, 2026 · Supports Funding round

    “The loan from Goldman Sachs will be backed by the chips and related equipment, the report said.”
  6. 13
    CompanyCrusoe raises $1.375B at $10B valuation to power AI

    Crusoe · Oct 24, 2025 · Supports Funding round · amount, Funding round · post money valuation usd

    “today announced the initial closing of its anticipated $1.375 billion Series E round, bringing the company's expected valuation to over $10 billion”
  7. 14
    NewsCrusoe Secures $175 Million Credit Facility From Victory Park Capital

    SuperbCrew · Aug 25, 2025 · Supports Funding round

    “secured a $175 million credit facility from Victory Park Capital”
  8. 15
    CompanyCrusoe Secures $750 Million Credit Facility from Brookfield

    Nasdaq (GlobeNewswire) · Jun 11, 2025 · Supports Funding round · amount

    “today announced it has secured a $750 million credit facility from Brookfield Asset Management”
  9. 16
    CompanyUpper90 closes $225M credit facility to Crusoe to expand AI cloud

    Crusoe · Mar 27, 2025 · Supports Funding round · amount

    “announced today the closing of an approximately $225 million credit facility for Crusoe”
  10. 17
    NewsUpper90 closes $225M credit facility to Crusoe to expand AI cloud infrastructure

    SDxCentral · Mar 27, 2025 · Supports Funding round

    “having previously provided an equipment loan in 2019”
  11. 18
    CompanyCrusoe closes $600M Series D at $2.8B valuation

    Crusoe · Dec 12, 2024 · Supports Funding round · amount, Funding round · post money valuation usd

    “today announced it has closed a $600 million Series D funding round. The investment was led by Founders Fund, with participation from new and existing investors, including Fidelity, Long Journey Ventures, Mubadala, NVIDIA, Ribbit Capital, and Valor Equity Partners”
  12. 19
    CompanyCrusoe Announces Significant Expansion of Cloud Business with New Capacity and $200M in New Financing

    Business Wire · Oct 23, 2023 · Supports Funding round · amount

    “Crusoe has secured an initial commitment of $200 million for the purchase of GPUs from Upper90”
  13. 20
    CompanyCrusoe Energy Systems Closes $505 Million in New Capital Led by Climate Technology Investors G2 Venture Partners

    Business Wire (via StreetInsider) · Apr 21, 2022 · Supports Funding round · amount

    “today announced that it has closed a $350 million Series C equity offering”
  14. 21
    CompanyCrusoe closes $128M Series B for flare mitigation

    Crusoe · Apr 26, 2021 · Supports Funding round · amount

    “has closed a $128 million Series B equity financing led by Valor Equity Partners with participation from Lowercarbon Capital, DRW Venture Capital, Founders Fund, Bain Capital Ventures, Coinbase Ventures, Polychain Capital, KCK Group, Upper90, Winklevoss Capital, Exor, Zigg Capital and JB Straubel”
  15. 22
    CompanyCrusoe Energy Systems Closes $4.5 Million Seed Funding Round Co-Led by Bain Capital Ventures and Founders Fund Pathfinder

    AP News (Business Wire) · May 3, 2019 · Supports Funding round · amount

    “successfully completed a $4.5 million seed financing round led by Bain Capital Ventures and Founders Fund Pathfinder”
  16. 23
    DatabaseCrusoe - Multiples company profile

    Multiples · Supports Funding round, Funding round · post money valuation usd

    “later made a profitable partial secondary sale”
  17. 24
    DatabaseCrusoe - Tracxn company profile

    Tracxn · Supports Funding round

    “Venture Debt”

People1

  1. 25
    DatabaseCrusoe - Crunchbase company profile

    Crunchbase · Supports Organization · employee range, Organization · hq city, Organization · linkedin url, Organization · x url, Role

    “employee_range: 1001-5000 (profile: 1001-5000)”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.