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Crusoe

AI infrastructureCloud computeData centers
confidence: high Full profile: founders, headcount (~507), full funding history Seed→2026 with investors. Website verified. · researched 2026-09-05 22:12 UTC

About

“Crusoe provides next-gen AI infrastructure and cloud compute using an energy-first approach.” — https://crusoe.ai
https://crusoe.ai

People

Chase Lochmiller — CEO & Co-founder founder
MIT (math/physics), Stanford MS (CS); ex-Polychain Capital.
Cully Cavness — President, COO & Co-founder founder
Background in the oil & gas / energy industry.

Offices

Denver, United States (HQ)

Metrics

Employees: 507
Revenue/ARR: —
Customers: —
~507 employees. Building OpenAI's Stargate (Abilene) data center.

Competitors

CoreWeave, Lambda, Together AI, Nebius

Products

Crusoe Cloud
AI-optimized cloud infrastructure / GPU compute on an energy-first model.
Digital Flare Mitigation
Captures stranded/flared gas to power modular data centers.
Stargate (Abilene)
Building the Abilene, TX data center for OpenAI's Stargate program.

Funding · total More than $5.5B

$4.5M · seed · 2019-03 · equity
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$30M · series_a · 2019-12 · equity
Lead: Bain Capital Ventures.
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$128M · series_b · 2021 · equity
Lead: Valor Equity Partners. — Expand Digital Flare Mitigation.
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$350M · series_c · 2022 · equity · val $1.8B
Lead: G2 Venture Partners. — At $1.75B valuation.
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$600M · series_d · 2024-12 · equity · val $2.8B
Lead: Founders Fund. Fidelity Investments, NVIDIA, Lowercarbon Capital, Polychain Capital, Winklevoss Capital, DRW Trading Group, Mubadala, Valor Equity Partners, Ribbit Capital — At $2.8B valuation.
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$1.4B · series_e · 2025-10 · equity · val $10B
Lead: Valor Equity Partners, Mubadala Capital. 137 Ventures, 1789 Capital, Activate Capital, Altimeter Capital, Franklin Templeton — At $10B+ valuation.
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$3B · growth · 2026-09-04 · equity · val $30B
Lead: Atreides Management, Valor Equity Partners, Mubadala Capital. — ~$3B+ at ~$30B valuation (largest deal of Sep 4).
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Sources