Crusoe is a vertically integrated AI infrastructure company that builds and operates energy-first data centers powered by renewable and stranded energy sources. The company provides full-stack AI infrastructure spanning energy sourcing, data center design and construction, and high-performance cloud platforms for AI training and inference workloads. As a key infrastructure partner for OpenAI's Stargate project, Crusoe operates large-scale AI factories including a 1.2 gigawatt campus in Abilene, Texas.
Energy📍 Denver, ColoradoFounded 2018
Current Valuation
$31B
as of 2026-09-17
DECACORN
QL Price
$42B
+37% vs last round
QuantLogix's current estimate for Crusoe Energy Systems, published 2026-10-07 — above the last disclosed round of $31B (2026-09-17).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round
$31B
2026-09-17
weight 0.96
Secondary market print
$62B
2026-06-27
weight 0.54
How this price has held up
No round has priced for Crusoe Energy Systems since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Crusoe Energy Systems, 2026-10-07 (dd6e8c0e8261199c).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Crusoe Energy Systems going public in 2026?
No. Crusoe Energy Systems is private and has not filed to go public; 2026 is the earliest year discussed. There is no S-1 on file.
What is Crusoe Energy Systems' valuation in 2026?
Crusoe Energy Systems is valued at $31B as of 09/17/2026, set by its Series F ($3.9B, Sep 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Crusoe Energy Systems filed an S-1?
No public S-1 is on file for Crusoe Energy Systems.
Who are Crusoe Energy Systems' investors?
Crusoe Energy Systems' investors include Valor Equity Partners, Mubadala Capital, 137 Ventures, 1789 Capital, Activate Capital, Altimeter Capital and 47 more.
How much has Crusoe Energy Systems raised?
Crusoe Energy Systems has raised $2.5B in total, most recently a Series F of $3.9B in Sep 2026.
Is Crusoe Energy Systems publicly traded — can you buy Crusoe Energy Systems stock?
No. Crusoe Energy Systems is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Crusoe Energy Systems on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Series F — $3.9B (Sep 2026) · Lead: Atreides Management, Mubadala Capital and Valor Equity Partners
IPO Status
Private
Fundraising Status
Series F · $3.9B · 1 mo ago
PrivateTotal raised $2.5B
Secondary Market
Implied price / share
$169.56
Last round price / share
$84.01
vs last round
+101.8%
Open interest
20
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series F
$3.9B
Sep 2026
Atreides Management, Mubadala Capital and Valor Equity Partners
$31B
Talent Signal
Hiring trend
▶ Hiring steady
+4% vs 2026-08
Open roles
374
via ashby
Product-build share
47%
engineering, research, product, design
Trajectory
strengthening
product-led hiring — 47% of open roles build product; the rest are go-to-market and G&A.
Recent senior hire: 1 senior hire (CFO).
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Key Executive Moves
INMichael GordonCFO · 2026-08-17
From trusted-source news extraction (deep-enrich pipeline); dates approximate publication, not effective date.
Staff Product Security EngineerSenior Network Production Engineer, Network OpsStaff Applied AI Inference EngineerStaff Production EngineerSenior Cloud Support EngineerSenior Production Engineer, Managed AI
Counted from Crusoe Energy Systems's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Chase LochmillerCully Cavness
Investors
Valor Equity Partners · Mubadala Capital · 137 Ventures · 1789 Capital · Activate Capital · Altimeter Capital · Atreides Management · BAM Elevate · Blue Owl Capital · Bain Capital Ventures · Founders Fund · Fidelity Management & Research Company · Franklin Templeton · G2 Venture Partners · Goldman Sachs · Lowercarbon Capital · NVIDIA · Polychain Capital · Primary Digital Infrastructure · Radical Ventures · Ribbit Capital · Salesforce Ventures · Spark Capital · StepStone Group · Supermicro · T. Rowe Price · Tiger Global Management · Upper90 · Winklevoss Capital · Zigg Capital · Brookfield · Victory Park Capital · DRW Trading Group · GIC · Qatar Investment Authority · TPG · ARK Invest · Avenir · Baillie Gifford · BDT & MSD Partners · Clal Insurance and Finance · Darsana · DPR Construction · Era Funds · Fundrise · Galvanize · M37 · OIA · Robinhood Ventures Fund I · SemiAnalysis Capital · Squarepoint Capital · Van Eck · XN
Products
Crusoe Cloud
Crusoe AI Cluster
Industrial-Scale AI Factories
Digital Flare Mitigation
Crusoe Energy
Crusoe Spark
Digital Renewable Optimization
Competitors
CoreWeave · Lambda Labs · Together AI · Vultr · Equinix · AWS · Microsoft Azure · Google Cloud · Nebius · Voltage Park
AI InfrastructureData CentersCloud ComputingRenewable EnergyGPU CloudEnergy-First ComputingStargate Partner
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-09-17. Refreshed quarterly.