Where is IREN located?

IREN is headquartered in Sydney, Australia.

Is IREN a funded company?

IREN is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does IREN rank among its competitors?

IREN ranks 112th amongst 598 active competitors, of which 17 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Ionic Digital, which secured $400M in Jun, 2026.

Who are the top competitors of IREN?

IREN's top competitors include Vertiv, Ionic Digital and VNET Group. Among them, Ionic Digital secured the most recent funding round in June, 2026.

IREN - 2026 Company Profile & Competitors

Company Details

Provider of data centers and GPU clusters for AI applications. The company delivers large-scale infrastructure designed for artificial intelligence training and inference. It offers colocation and build-to-suit data center solutions. The company focuses on providing resources for high-performance computing.

Website: thenostrumgroup.com
Social
Phone Number: +61 **********

Key Metrics

Founded Year

2018

Location

Sydney, Australia

Stage

Acquired

Ranked

112^th among 598 active competitors

Similar Companies

Vertiv & 172 more

Exit Details

Acquired by IREN (May 08, 2026)

View IREN's full profile

IREN got acquired by IREN on May 08, 2026.

Click here to take a look at IREN's acquisition in detail

IREN has not raised any funding rounds yet.

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Top competitors of IREN include Vertiv, Ionic Digital and VNET Group. Here is the list of Top 10 competitors of IREN, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vertiv 1946, Westerville (United States), Public	Provider of power, thermal, and IT infrastructure solutions and services	-	Starboard Value, NYSTRS & 6 others	64/100
2nd	Ionic Digital 2024, Public	Developer of power ready sites for high performance computing infrastructure	$400M	Sachem Head, Oaktree Capital Management & 3 others	49/100
3rd	VNET Group 1996, Beijing (China), Public	Provider of data center services	-	Blackstone, Asia Investment Capital & 1 others	49/100
4th	Data Center Group 2013, Wallmenroth (Germany), Unfunded	Provider of consulting, engineering, construction, products, and services for data centers	-	-	48/100
5th	PRASA 1994, Pune (India), Series A	Provider of data center implementation, maintenance, and infrastructure solution services	$5.29M	Fplushealthcare, NextPhase Technology Ventures ... & 10 others	47/100
6th	Uptime Institute 2013, New York (United States), Late Stage	Provider of digital infrastructure performance certifications, training, and advisory services	-	Dominus Capital	45/100
7th	Hyve Solutions 1980, Fremont (United States), Unfunded	Hyperscale digital infrastructure solutions: design, integration, deployment, and global services	-	-	45/100
8th	Khazna 2012, Dubai (United Arab Emirates), Acquired	Provider of data center management services	-	Silver Lake, Mubadala & 2 others	45/100
9th	AMS-IX 1994, Amsterdam (Netherlands), Unfunded	Data center colocation services provider	-	-	45/100
10th	Ada Infrastructure 2021, Bellevue (United States), Unfunded	Provider of data center solutions	-	-	45/100
112th	IREN 2018, Sydney (Australia), Acquired	Provider of data centers and GPU clusters for AI applications	-	-	27/100