Crusoe Energy Systems LLC
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Crusoe Energy Systems LLC - overview
Established
2018
Location
Denver, CO, US
Primary Industry
IT Infrastructure
About
Crusoe Energy Systems LLC is a US-based technology company specializing in AI infrastructure solutions that utilize renewable energy to address the increasing demands of AI workloads. Founded in 2018 and headquartered in Denver, US, Co-founded by Chase Lochmiller (CEO and Chairman of the Board) and Cully Cavness (President and Chief Strategy Officer), Crusoe Inc. focuses on providing AI infrastructure powered by renewable energy sources. In October 2025, Crusoe Energy Systems LLC raised USD 1.
03 billion in series E funding co-led by returning investors Mubadala Capital and Valor Equity Partners, with participation from other returning investors Atreides Management, Long Journey Ventures, Lowercarbon Capital, MCJ, Ribbit Capital, Founders Fund, Fidelity Investments, Upper90, Winklevoss Capital, Zigg and NVIDIA Corporation. New investors 137 ventures, 1789 Capital, Activate Capital, Altimeter Capital, BAM Elevate, Franklin Templeton, M37 Management, Radical Ventures, Salesforce Ventures, StepStone, Spark Capital, T. Rowe Price, Galvanize Climate Solutions, Super Micro Computer, Inc. , DPR Construction, Inc.
, Ora Global, Tiger Global Management and an individual investor also participated in the round. Crusoe Energy Systems specializes in providing AI infrastructure solutions leveraging renewable energy. Their primary offering, Crusoe Cloud, is a cloud platform engineered for AI workloads, featuring high-density GPU racks, direct liquid-to-chip cooling systems, and ultra-low-latency networking. Besides Crusoe Cloud, the company also offers Managed Inference, AutoClusters, and Kubernetes automation to enhance AI model deployment and management.
Their services support a wide range of clients, including enterprises involved in AI and machine learning in North America and Europe, allowing them to implement scalable AI solutions while optimizing energy efficiency and operational costs. Crusoe Energy Systems generates revenue through a subscription-based model for its cloud services. Clients pay for access to the Crusoe Cloud platform and its AI infrastructure. The transactions primarily involve B2B agreements with enterprises seeking scalable AI solutions, with options for customized service packages that meet specific computational and energy needs.
The pricing structure accommodates various usage levels, including standard service tiers and tailored solutions, contributing to a sustainable revenue stream from reliable, efficient AI infrastructure solutions.
Current Investors
Bain Capital, Founders Fund, Winklevoss Capital
Primary Industry
IT Infrastructure
Sub Industries
Data Centers, Green IT, IT Infrastructure, Storage Management Software
Website
www.crusoe.ai
Verticals
Artificial Intelligence, Blockchain, Clean Technology, Cloud Computing, Manufacturing
Company Stage
Series E
Total Amount Raised
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Crusoe Energy Systems LLC - employee data
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