Private Market View

Crusoe

Systems and Information Management · Denver, CO · Founded 2018 · Privately Held (backing)

PA Mark · $/share
$124
Sep 2026
Implied valuation
$24.5B
Total raised
$2.6B
Last round
Later Stage VC (Series E)
Oct 2025

Key facts

as of Sep 2026
  • Crusoe’s last known valuation is $24.5B.
  • It has raised $2.6B across 2 recorded rounds; the latest was Later Stage VC (Series E) ($1.4B) in Oct 2025.
  • Notable investors include Fidelity Management & Research Company, Founders Fund, Coinbase Ventures, Abstract Ventures, Felicis — 58 tracked in total.
  • 2 institutional filers report fund marks on Crusoe across 4 filings.
  • Private Market View tracks 20 recorded secondary trades in Crusoe shares.
  • 14 investment vehicles were formed to buy Crusoe shares in the last 12 months, reporting $36.7M sold to 204 investors, per SEC Form D filings.
  • Crusoe has filed 1 Form D with the SEC, most recently Nov 2024 ($685.7M sold to 70 investors).
  • Status: Privately Held (backing).
PA Mark — composite indicative price
MEDIUM confidence
~$124per share
as of Sep 2026 · the exact daily mark is a member feature
Composed from 7 inputs:3rd-party trades 62%N-PORT marks 38%
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  • ·Post-money valuations for all 2 rounds
  • ·The complete investor list — 58 names
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Recorded secondary trades

20 on record · Nov 2025 – May 2026

20 trades between Nov 2025 and May 2026. Exact dates, prices and structures are available to Pro members.

Nov 2025peak 6 prints / monthMay 2026
Counts and months are public. The prints are the product.Unlock 20 trade prints

Institutional fund marks

2 filers · latest May 2026

2 SEC-registered funds reported 4 fair-value marks on Crusoe between Nov 2025 and May 2026. Filer-level marks and implied $/share are available to Pro members.

Unlock 4 fund marks

Funding rounds

2 rounds
Oct 2025Later Stage VC (Series E)$1.4B▮
Dec 2024Later Stage VC (Series D)$685.7M▮
Full funding history →

Secondary demand: investment vehicles

from SEC Form D filings

In the last 12 months, 14 investment vehicles were formed to buy Crusoe shares, reporting $36.7M sold to 204 investors across 14 sponsors. Most recent filing Apr 2026. Vehicles like these are how secondary buyers pool demand for a name; a rising count is a demand signal.

The vehicle list — each sponsor, filing date, amount sold and investor count — is a Pro table. Unlock the 14 vehicles →
Companies with the most vehicle activity →

About Crusoe

Operator of artificial intelligence optimized cloud infrastructure intended to deliver computing for next-generation artificial intelligence workloads. The company offers energy-integrated data centers, high-performance computing resources, and tools for model training and deployment, enabling enterprises and technology teams to run artificial intelligence applications efficiently while managing energy usage and infrastructure complexity.

Industry
Systems and Information Management
Sector
Energy
HQ
Denver, CO, United States
Founded
2018
Employees
1,235
Website
crusoe.ai/
Ownership
Privately Held (backing)