Vultr is an IaaS & Developer Cloud company founded in 2014 and based in West Palm Beach, United States. It has raised $333M in total funding, most recently a Growth in 2024 at a $3.5B valuation.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Dec 18, 2024 | Growth | $333M | $3.5B | LuminArx Capital Management, AMD Ventures |
McKinsey warns datacenter power demand could require 30 GW of new capacity yearly, with AI demand growth uneven but grid infrastructure unlikely to become stranded.
Samsung warns AI-driven memory crunch will persist through 2028, squeezing supply of mainstream chips for enterprise customers and consumers.
Vultr's core offering spans virtualized Cloud Compute instances and single-tenant bare metal servers deployed across a global network of data centers on six continents. Developers use it to run application backends, databases, and edge workloads close to users with flat, predictable pricing. The breadth of locations is a key differentiator, letting smaller teams achieve geographic reach that normally requires a hyperscaler, while the bare metal tier serves performance-sensitive and dedicated-resource workloads that benefit from no virtualization overhead.
Vultr Cloud GPU provides on-demand access to NVIDIA and AMD accelerators for AI model training, fine-tuning, and inference, billed by the hour and deployable across Vultr's worldwide data-center footprint. The product is central to the company's AI strategy and underpinned its 2024 financing with AMD Ventures, with Vultr committing to large-scale AMD-powered GPU clusters. It targets startups, enterprises, and AI builders that want distributed GPU capacity without long-term hyperscaler commitments, paired with Vultr's sovereign-friendly regional availability.
We don't have a live feed for this company's ATS. Their careers page has every open role.
View all careers ↗