Acquisition
Aug 2025Crusoe acquired GPU-memory-optimization startup Atero and established a Tel Aviv office.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Aug 5, 2026
Overview
Crusoe is an energy-first AI infrastructure company that designs, builds, and operates power systems, AI-optimized data centers, and a cloud platform. It began by converting stranded natural gas into computing power, later divested its bitcoin-mining business, and now focuses on AI factories and cloud infrastructure.
Primary product
Crusoe Cloud: GPU/CPU infrastructure and managed AI services for model training, fine-tuning, inference, orchestration, storage, and networking; the broader offering also includes AI-optimized data centers and energy infrastructure.
Founded
2018
Headquarters
Denver, Colorado, United States
Team size
Approximately 1,000–1,200 employees in 2026; Crusoe publicly celebrated reaching 1,000 employees and adding more than 300 over the following three months.
Industry
Technology, Information and Internet
Sub-industry
AI infrastructure, GPU cloud computing, data centers, and energy infrastructure
Offices
Arvada, Colorado
Bellevue, Washington
Denver, Colorado
San Francisco, California
Sunnyvale, California
Tulsa, Oklahoma
Dublin, Ireland
Tel Aviv, Israel
Business model
GPU/CPU cloud infrastructure-as-a-service
Managed AI services, including inference and fine-tuning
Managed Kubernetes and Slurm orchestration
AI-optimized data-center design, construction, and operation
Funding
Stage
Late-stage private company; Series E, with additional debt financing and an unconfirmed 2026 financing report
Total raised
$4.3B
Latest round
Series E · Oct 2025
Latest amount
$1.4B
Feb 2026 · Goldman Sachs
Oct 2025 · Valor Equity Partners and Mubadala Capital
People & investors
Leadership
Chase Lochmiller
Co-founder, CEO and Chairman of the Board
Cully Cavness
Co-founder, President and Chief Strategy Officer
Michael Gordon
Chief Operating Officer and Chief Financial Officer
Chris Dolan
Chief Data Center Officer
Jamey Seely
Chief Legal Officer
Matt Field
Chief Real Estate Officer
Nitin Perumbeti
Chief Technology Officer
Tara Green
Chief People Officer
Tim Loos
Chief Accounting Officer
John Adams
Senior Vice President, Power Infrastructure
Erwan Menard
Work & culture
Mission-driven, high-velocity, engineering- and builder-oriented culture centered on accelerating the abundance of energy and intelligence. Crusoe emphasizes high standards, speed, talent density, and energy-first computing; its 2025 employee survey reported that 92% of employees were proud to work there.
Visa sponsorship
Limited
Compensation
Public company materials signal competitive compensation plus equity. Third-party H-1B/LCA data reports sponsored roles with a median salary around $210,000, while public salary estimates commonly show substantial base/equity/bonus packages; exact ranges vary by role and location.
Benefits
Competitive compensation and equity
Health and wellness programs
Mental-health and wellbeing resources
Retirement and pension plans
Paid time off, holidays, and leave programs
Learning and development
Volunteer time off
Life and income protection
Daily meals allowance
Location-specific perks and programs
Product & market
Pricing
Usage-based cloud pricing: GPU instances are priced per GPU-hour, CPU instances per CPU-hour, storage per GiB-month, and managed Kubernetes per cluster-hour. Enterprise capacity and data-center arrangements are likely custom-priced.
Differentiators
- —Vertically integrated model spanning energy, power, data-center construction, operations, and cloud software
- —Energy-first strategy using stranded, renewable, geothermal, hydro, and other power sources
- —Purpose-built high-density AI factories rather than general-purpose data centers
- —Access to current NVIDIA and AMD accelerator platforms
- —Crusoe Cloud software for training, inference, fine-tuning, orchestration, and operations
- —Ability to develop gigawatt-scale campuses and secure long-term power capacity
Scale & contact
Estimated revenue
Approximately $750 million–$1.25 billion annually; third-party estimates are not company-reported and should be treated as directional.
Signals & risks
Other
Jan 2025Crusoe divested its bitcoin-mining business to NYDIG to focus exclusively on AI infrastructure; this is a material strategic pivot from its original crypto/flare-mitigation model.
SourceOther
Jul 2026Media reported that Crusoe was in talks to raise approximately $3 billion at an approximately $30 billion valuation. No final terms, close date, or company confirmation were available, so this should not be treated as a completed round.
Latest news
Crusoe LinkedIn · Jul 2026
The companies announced plans for a Crusoe Spark modular data center powered by an Aalo reactor, with a target demonstration at Idaho National Laboratory in 2027.
Tech Funding News, citing Bloomberg · Jul 2026
Reports described ongoing financing discussions, but no final terms or company confirmation were available as of the research date.
Crusoe LinkedIn · Jun 2026
Crusoe said it had celebrated reaching 1,000 employees and had added more than 300 employees in the preceding three months.
Crusoe · Oct 2025
Crusoe announced the initial closing of a $1.375 billion Series E co-led by Valor Equity Partners and Mubadala Capital, valuing the company above $10 billion.
Open Positions
360 jobs at Crusoe
Senior Software Engineer (DCIE)
On-site
Cloud Engineering
San Francisco, CA - US
Today
On-site
Full-time