Crusoe

Crusoe

Private
Denver, ColoradoAI, Data & Cloud Infrastructurehttps://www.crusoe.ai

Last Round

Tender

11/5/2025

Est. Valuation

$13B

Total Funding Raised

$3.7B

Momentum Score

100 /100

Company Overview

Crusoe Energy Systems is an energy and technology company that operates mobile modular data centers to eliminate routine flaring of natural gas and lower cloud computing costs by repurposing wasted energy for computational power.

Sector

AI, Data & Cloud Infrastructure

Verticals

AI Training Infrastructure, Cloud Infrastructure, Renewable Energy, Carbon Capture, Edge Computing

Business Model

B2B

Customer Profile

Usage-Based SaaS, Services & Consulting

AI Layer

Infrastructure

Keywords

AI infrastructureGPU cloudAI computeclean computeDigital Flare Mitigationflared gas computingAI data centersDFMAI model traininghigh-performance computingHPCstranded energysustainable computeAI model inferenceGPU-as-a-Servicemodular AI data centerson-demand GPUedge computing

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Crusoe Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Crusoe Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Tender11/5/2025
Series E10/24/2025
Debt6/11/2025
Conventional Debt3/28/2025
Series D12/12/2024
Convertible Debt
10/23/2023

Secondary Market Activity

Bids, offers, and trades by month

OperationDatePriceSizeShare ClassStructure
OFFER
BID
BID
BID
BID
OFFER

Key People

Founding team and executive leadership

Cully Cavness

Co-Founder, President And COO

Founding Team

Chase Lochmiller

Co-Founder And Chief Executive Officer

Founding Team

Matthew DeNezza

Chief Financial Officer

Executive Team

Michael Gordon

Chief Operating Officer And Chief Financial Officer

Executive Team

Crusoe Investors

Notable investors and investment history

InvestorRounds
Andreessen HorowitzSeries C
BAM ElevateSeries E
Bain Capital VenturesSeries B, Series C, Seed, Series A
FS InvestmentsConventional Debt
Franklin Advisers, Inc.Series E
Capital Markets TradingSeries C
M37 ManagementSeries E

Market signals

Structured signals derived from secondary market and firmographic data.

  • Dec 31, 2027

    Aims to produce over 100 modular data center units annually by 2027.

  • Jul 1, 2026

    First factory-produced modules expected by Q3 2026.

Crusoe Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

Crusoe Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Crusoe's valuation, stock price, and market status.

Firmographic Details

HeadquartersDenver, Colorado
Employee Range1,121
Year Founded2018
Last Funding11/5/2025

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.







DisclaimerAll investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.