Crusoe
Crusoe is a Data Center Energy company founded in 2018 and based in Denver, United States. It has raised $2.5B in total funding, most recently a Series E in 2025 at a $10B valuation.
Crusoe converts stranded and flared natural gas into electricity for data centers and high-performance computing. $700M+ raised; pivoted from Bitcoin mining to AI compute infrastructure; operates modular data centers at oil and gas sites.
Pioneering energy-adjacent compute by monetizing waste methane and collocating AI training at energy sources.
At a glance
Total raised
$2.5B
Headcount
501-1k
Headquarters
Denver
United StatesFounded
2018
Status
Private
Latest valuation
Where Crusoe ranks
Top 25 Energy companies →Funding history
Total raised
$2.5B
Rounds tracked
6
Latest stage
Series E
Latest valuation
$10B
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Oct 24, 2025 | Series E | $1.4B | $10B | Valor Equity Partners, Mubadala Capital |
| Dec 16, 2024 | Series D | $600M |