When was Crusoe founded?

Crusoe was founded in 2018 and became a unicorn in 2022, reaching the milestone in 4 years. It raised its 1st funding round 1 year after its incorporation.

Where is Crusoe located?

Crusoe is headquartered in Denver, United States.

Who is the current CEO of Crusoe?

Chase Lochmiller of Crusoe. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is Crusoe associated with?

Crusoe is associated with CRUSOE ENERGY SYSTEMS LLC.

How many employees does Crusoe have?

As of May 31, 2026, the latest employee count at Crusoe is 1457.

Is Crusoe a funded company?

Crusoe is a funded company, having raised a total of $2.77B across 15 funding rounds to date. The company's 1st funding round was a $4.5M Seed round, raised on Mar 14, 2019.

How much is Crusoe worth?

The latest valuation of Crusoe is $10B as of Oct 24, 2025.

When was the latest funding round of Crusoe?

Crusoe's latest funding was a $300M Conventional Debt round on Feb 20, 2026, with participation from 1 investor.

Is Crusoe a AI Infrastructure company?

The primary sectors of Crusoe are AI Infrastructure, High Performance Computing, Oil & Gas Tech, Data Center Infrastructure, Cloud Infrastructure and Artificial Intelligence.

Where does Crusoe rank among its competitors?

Crusoe ranks 15th amongst 1024 active competitors, of which 126 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Crusoe, which secured $300M in Feb, 2026.

Who are the top competitors of Crusoe?

Crusoe's top competitors include Equinix, DataBank and CoreWeave. Among them, Crusoe secured the most recent funding round in February, 2026.

Crusoe - 2026 Company Profile, Team, Funding & Competitors

Crusoe is a series E company based in Denver (United States), founded in 2018 by Chase Lochmiller and Cully Cavness. It operates as an Operator of cloud platform providing infrastructure for artificial intelligence workloads. Crusoe has raised $2.77B in funding from investors like Founders Fund, Valor Equity Partners and Bain Capital Ventures, with a current valuation of $10B. The company has 1024 active competitors, including 126 funded and 206 that have exited. Its top competitors include companies like Equinix, DataBank and CoreWeave.

Sectors and market segments that Crusoe operate in

Crusoe serves in the High Tech, Native AI, Energy Tech market segments.The primary business model of Crusoe are:

Company Details

Operator of cloud platform providing infrastructure for artificial intelligence workloads. The company designs, builds, and operates infrastructure to power artificial intelligence. It offers managed inference, cluster management, and observability. The platform features high-performance compute, accelerated storage, and optimized networking. It provides support for open and open-source models. The company focuses on environmentally aligned power sources.

Website: www.crusoe.ai/
Social
Email ID: *****@crusoe.ai

Key Metrics

Founded Year

2018

Location

Denver, United States

Stage

Series E

Total Funding

$2.77B in 15 rounds

Latest Funding Round

Conventional Debt, Feb 20, 2026, $300M

Post Money Valuation

$10B as on Oct 24, 2025

Investors

Founders Fund & 68 more

Ranked

15^th among 1024 active competitors

Employee Count

1,457 as on May 31, 2026

Investment & Acquisitions

Atero

Similar Companies

CoreWeave & 467 more

View Crusoe's full profile

Crusoe is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CRUSOE ENERGY SYSTEMS LLC CIN: 83-1941319 , United States, Active	Aug 22, 2018	-	513 (As on Dec 31, 2024)	-

Crusoe has raised a total funding of $2.77B over 15 rounds. Its first funding round was on Mar 14, 2019. Its latest funding round was a Conventional Debt round on Feb 20, 2026 for $300M. 1 investor participated in its latest round. Crusoe has 69 institutional investors.

Here is the list of recent funding rounds of Crusoe:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 20, 2026	$300M	Conventional Debt	-	-	-	Goldman Sachs
Oct 08, 2025	$1.38B	Series E	$10B	-	Valor Equity Partners, Mubadala	Nvidia, Fidelity Investments, Founders Fund, Radical Ventures
Aug 25, 2025	$175M	Venture Debt	-	-	-	Victory Park Capital Advisors

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View details of Crusoe's funding rounds and investors

The founders of Crusoe are Chase Lochmiller and Cully Cavness. Chase Lochmiller is the CEO of Crusoe.

Here are the details of Crusoe's key team members:

Chase Lochmiller: Co-Founder & CEO of Crusoe. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Cully Cavness: Co-Founder, President and COO of Crusoe.

View details of Crusoe's Founder profiles and Board Members

Crusoe's employee count trend

Crusoe has 1,457 employees as of May 26. Here is Crusoe's employee count trend over the years:

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Top competitors of Crusoe include Equinix, DataBank and CoreWeave. Here is the list of Top 10 competitors of Crusoe, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Equinix 1998, Redwood City (United States), Public	Provider of data center and interconnection services for various industries	$175M	Etrade, Dell & 18 others	81/100
2nd	DataBank 2005, Dallas (United States), Acquired	Provider of colocation, cloud, bare metal, interconnection, and managed services	$2.44B	IMCO, AustralianSuper & 14 others	77/100
3rd	CoreWeave 2017, New York City (United States), Public	Provider of cloud computing services for artificial intelligence workloads	$2.38B	Magnetar, Fidelity Investments & 33 others	75/100
4th	Tuya 2014, Santa Clara (United States), Public	Provider of AI cloud platform services for smart product development	$200M	Future Fund, New Enterprise Associates & 11 others	74/100
5th	Theta Token 2016, Cupertino (United States), Series A	Decentralized video delivery platform	$9.26M	Heuristic Capital Partners, The Venture Reality Fund ... & 35 others	73/100
6th	Together AI 2022, San Francisco (United States), Series B	Provider of a platform for developing, fine-tuning, and deploying AI models	$534M	Lux Capital, Kleiner Perkins & 22 others	72/100
7th	Rescale 2011, San Francisco (United States), Series D	Provider of high performance computing platform for engineering and science	$369M	Republic Capital, Gaingels & 70 others	70/100
8th	CtrlS 2008, Hyderabad (India), Late Stage	Operator of interconnected facilities providing colocation, cloud, and managed services	$100M	Bank of Baroda, IDBI Bank & 10 others	70/100
9th	Neysa 2023, Mumbai (India), Series B	Provider of AI acceleration cloud system with infrastructure and services	$650M	Z47, Nexus Venture Partners & 16 others	70/100
10th	FluidStack 2017, New York City (United States), Series B	Provider of high-performance computing infrastructure for artificial intelligence workloads	$953M	Mercuri, Episode 1 Ventures & 7 others	69/100
15th	Crusoe 2018, Denver (United States), Series E	Operator of cloud platform providing infrastructure for artificial intelligence workloads	$2.77B	Fidelity Investments, Bain Capital Ventures ... & 67 others	67/100