United States · Series F startup

Who invested in Crusoe

6 rounds we have observed, with the 19 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIBig Data & AnalyticsCleantechCloud

Raised 2 months agoValuation: $10B, Mar 2026

Funding summaryUpdated 5 Nov 2026

$9.9Braised across 6 rounds since 2024, from 13 sources

$3.0BGrowth$3.9BSeries F
Latest round
Series F, $3.9BSept 2026
Led by
Valor Equity Partners and Atreides Managementand 1 more
Step-upi
1.3×
Investors
19 (4 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20252026
$686MGrowth$600MGrowth$1.4BGrowth$300MDebt$3.0BGrowth$3.9BSeries F
First round
Growth, $686M
Nov 2024
Biggest round
$3.9B
Series F · Sept 2026
Usual gap between rounds
7 months
the median of 3

The rounds

  1. Sept 2026
    Series F$3.9B4 new5 returning

    Reported by TechCrunch and 3 othersSEC filing: $3.1B sold

  2. Sept 2026
    Growth$3.0B1 new2 returning

    Reported by Crunchbase News and 4 othersSEC filing: $3.1B sold

  3. Feb 2026
    Debt$300M5 returning

    Source recordedSEC filing: $1.0B sold, first sale Oct 2025

  4. Oct 2025
  5. Dec 2024
    Growth$600M6 new1 returning

    Reported by TechStartupsSEC filing: $686M sold, first sale Nov 2024

  6. Nov 2024
    Growth$686M2 new

    Reported by TechCrunchSEC filing: $686M sold, first sale Nov 2024

Funding filed with regulators

Crusoe filed 3 raises, $1.7B in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Sept 2026Amount not stated108 investorsSEC Form D
  2. Oct 2025$1.0B71 investorsof $1.4B offeredSEC Form D
  3. Nov 2024$686M70 investorsof $818M offeredSEC Form D

Founders and team

From Crusoe's own website: 1 founder, 11 on the team.

Cully CavnessCo-founder, President and Chief Strategy Officer
  • Chris DolanChief Data Center Officer
  • Jamey SeelyChief Legal Officer
  • Matt FieldChief Real Estate Officer
  • Michael GordonChief Operating Officer and Chief Financial Officer
  • Nitin PerumbetiChief Technology Officer
  • Tara GreenChief People Officer
  • Tim LoosChief Accounting Officer
  • Ron HansraVP, Customer Experience
  • Sharieff MansourVP, Marketing
  • Nader PakfarGeneral Counsel, Real Estate
  • Stephen MartinGlobal Risk & Compliance Officer

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Valor Equity PartnersVC firm5rounds, led 3
Founders FundVC firm5rounds, led 2
NVIDIACompany4rounds
Mubadala VenturesCorporate VC3rounds, led 2
Atreides ManagementVC firm2rounds, led 2
Franklin TempletonPrivate equity2rounds
Long Journey VenturesVC firm2rounds
Salesforce VenturesCorporate VC1round
FelicisVC firm1round
FidelityVC firm1round
Ribbit CapitalVC firm1round
TPGPrivate equity1round
T. Rowe PricePrivate equity1round
Radical VenturesVC firm1round
GICPrivate equity1round
MubadalaPrivate equity1round
Blue OwlAsset manager1round
Qatar BanGrowth equity1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 36 firms list Crusoe as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Spark CapitalVC firmPer its own site
Abstract VenturesVC firmPer its own site
Winklevoss CapitalFamily officePer its own site
Denver VenturesVC firmPer its own site
AvenirVC firmPer its own site
InterplayFamily officePer its own site
Air Street CapitalVC firmPer its own site
Alkeon CapitalVC firmPer its own site
Garuda VenturesVC firmPer its own site
BAM ElevatePrivate equityPer its own site
Pharsalus CapitalVenture studioPer its own site
Firestreak VenturesVC firmPer its own site
Invariantes FundVC firmPer its own site
Pittco ManagementFamily officePer its own site
Todd DagresVC firmPer its own site
Arctic VenturesVC firmPer its own site
BFA Global InvestorsWealth managerPer its own site
Dubin & CompanyPrivate equityPer its own site
Everybody VenturesVC firmPer its own site
Junipero CapitalVC firmPer its own site
Launchbay CapitalGrowth equityPer its own site
Mech VenturesVC firmPer its own site
Nollen GroupPrivate equityPer its own site
Octant VenturesVC firmPer its own site
OkeanosVC firmPer its own site
Prime Capital PartnerVC firmPer its own site
Rapid ScaleVC firmPer its own site
Realm Capital VenturesVC firmPer its own site
Riverbend CapitalVC firmPer its own site
SAV (Scale Asia Ventures)VC firmPer its own site
Stack CapitalPrivate equityPer its own site
Sweetwater Private EquityPrivate equityPer its own site
TF Capital Management LLCInvestorPer its own site
The Astro Group LLCInvestorPer its own site
The Garage SyndicateVC firmPer its own site
menon.vcVC firmPer its own site

Quick answers about Crusoe

Who invested in Crusoe?

Crusoe's investors include Valor Equity Partners, Founders Fund, NVIDIA, Mubadala Ventures and Atreides Management, and 14 more on record. Valor Equity Partners led its latest round.

How much has Crusoe raised?

Crusoe has raised $9.9B across 6 rounds since 2024.

When did Crusoe last raise?

Crusoe's most recent round was a Series F of $3.9B in Sept 2026, led by Valor Equity Partners.

What was Crusoe's biggest round?

Its most recent round, $3.9B in Sept 2026, is also its largest on record.

Who backed Crusoe first?

Crusoe's first round on record, in Nov 2024, was backed by Founders Fund and Felicis.

What stage is Crusoe at?

Crusoe's latest named round is a Series F, in Sept 2026.

Where is Crusoe based?

Crusoe is based in the United States.

Who led Crusoe's rounds?

Founders Fund led the Growth in 2024; Valor Equity Partners led the Growth in 2025.

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