Submer
PrivateLast Round
Debt
Dec 19, 2024
Est. Valuation
$500M
Total Funding Raised
$136.37M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Submer is an electrical equipment company that develops and manufactures immersion cooling solutions designed to serve the data center industry, enabling clients to increase energy efficiency and performance.
Sector
AI, Data & Cloud Infrastructure
Verticals
Cloud Infrastructure, Computing Hardware, AI Training Infrastructure, Energy Management
Business Model
B2B
Customer Profile
Hardware Sales, Services & Consulting
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Submer Comparables
Compare Submer with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| ZutaCore | 86% | |
| Green Revolution Cooling | 84% | |
| Accelsius | 83% |
Submer Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Dec 19, 2024 | ||||
| Series C | Oct 3, 2024 | ||||
| Series B | Jan 17, 2022 | ||||
| Series A | Dec 1, 2021 | ||||
| Series A | Sep 24, 2020 | ||||
Grant | Feb 29, 2020 |
Key People
Founding team and executive leadership
Submer Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Mundi Ventures | Series A, Angel, Series C, Series B, VC Round |
| Planet First Partners | Series C, Series B |
| M&G Investments | Series C |
| Norrsken VC | Series A, Series C, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 1, 2026
Grew 18% QoQ, from 158 to 186 employees.
- Jul 21, 2026
Open roles increased to 286, 2.1x the trailing average.
Recent news
Latest coverage and updates
- attends_eventOct 10, 2026
Submer signs a Memorandum of Understanding at India Mobile Congress 2026 in India on Oct 10th '26
- partners_withSep 30, 2026
Submer and Aces Co advance strategic collaboration in Saudi Arabia
- expands_facilitiesSep 30, 2026
Submer signs MoU to build AI-ready data center capacity in Saudi Arabia
- launchesSep 28, 2026
Submer unveils Corenix modular AI data center platform on Sep 28th '26
- is_developingSep 15, 2026
Submer is developing next-generation data center infrastructure.
Submer Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Submer's valuation, stock price, and market status.
Is Submer a public or private company?
Submer is a private company.
What is the current stock price of Submer?
Submer is a private company, so its shares have no public market price. Caplight tracks Submer's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Submer worth (valuation)?
Submer's valuation is estimated at $500.0M based on funding round data.
Can I buy Submer stock?
Submer shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Submer's last funding round?
Submer's most recent funding round was Debt on December 19, 2024.
Who are the main investors in Submer?
Key investors in Submer include Mundi Ventures, Planet First Partners, M&G Investments.
Will Submer IPO soon?
No public IPO plans have been announced for Submer.
How can I track Submer secondary market activity?
Caplight tracks bids, offers, and trades in Submer's shares on secondary markets.