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Switch

Developer and operator of data center ecosystems designed to provide intelligent and sustainable growth of the Internet.
Switch operates large-scale, 100% renewably powered data center campuses in Nevada, Texas, Georgia and Michigan, supplying the power, cooling and connectivity that cloud providers and enterprises need to run energy-intensive GPU clusters for AI training and inference. DigitalBridge and IFM Investors took it private in a $11B buyout in December 2022; SoftBank Investment Advisers agreed to acquire DigitalBridge itself in December 2025, putting Switch inside SoftBank's AI-infrastructure orbit.
Systems and Information Management 📍 Las Vegas, NV Founded 2000
Current Valuation
$11B
as of 2022-Q4
DECACORN

QL Price

$11B
0% vs last round
QuantLogix's current estimate for Switch, published 2026-09-27 — in line with the last disclosed round of $11B (2022-Q4).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round $11B 2022-Q4 weight 0.07
How this price has held up
No round has priced for Switch since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-27 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Switch →
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, Switch, 2026-09-27 (ab7dacfae8a10f72). 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 Outlookfiled

Is Switch going public in 2026?
Yes — Switch has confidentially filed for an IPO, with a listing expected in 2026. The filing is the company's own step, not a rumor.
What is Switch's valuation in 2026?
Switch is valued at $11B as of 2022-Q4, set by its Buyout/LBO ($11B, Dec 2022). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Switch filed an S-1?
Yes. Switch has a confidential S-1 on file — the draft is not yet public.
Who are Switch's investors?
Switch's investors include DigitalBridge, IFM Investors, SoftBank (via DigitalBridge).
How much has Switch raised?
Switch has raised $1.6B in total, most recently a Buyout/LBO of $11B in Dec 2022.
Is Switch publicly traded — can you buy Switch stock?
Not yet. Switch is private until it lists, so there is no ticker to buy. Before the IPO, exposure is limited to pre-IPO secondary marketplaces and funds (accredited investors) or tender offers; after listing, the shares trade on the exchange under the new ticker.
How to actually get exposure to Switch →
Read the Switch pre-IPO deep dive · 08/21/2026 →
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.

Company Profile

CEO
Rob Roy
Founded
2000
HQ
Las Vegas, NV
Employees
1,200
Total Raised
$1.6B
Growth
The AI data-center repricing has moved far past the $11B take-private: Reuters reported in July 2026 that Switch had hired banks for an IPO that could raise up to $10B as soon as Q4 and value it near $80B including debt, after discussions with private investors at $40B or more. Neither is closed, so the roster keeps the last confirmed transaction price.
Last Round
Buyout/LBO — $11B (Dec 2022)
IPO Status
filed confidentially

Fundraising Status

Buyout/LBO · $11B · 3y 9mo ago
filed confidentiallyTotal raised $1.6B

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Buyout/LBO$11BDec 2022—$11B

Talent Signal

Hiring trend
▲ Hiring uptrend
+50% vs 2026-08
Open roles
6
via careers page
Product-build share
83%
engineering, research, product, design
Trajectory
scaling
heavy product build — 83% of open roles are product-building functions (engineering/research/product) — 4 of 6 open roles are design.
Executive bench growing while hiring expands: 1 senior hire (CEO); open roles trending up.
Open roles by month
Open roles by month4Aug '266Sep '26
Open roles by function
Open roles by functionDesign4Legal & Policy1Clinical & Science1
■ product-building   ■ go-to-market / G&A
Key Executive Moves
INShawn SmithCEO · 2026-09-07
From trusted-source news extraction (deep-enrich pipeline); dates approximate publication, not effective date.
RESPONSIBLE BY DESIGN®SUSTAINABLE BY DESIGN®[RESPONSIBLE BY DESIGN®](https://www.switch.com/responsible-data-centers/)[SUSTAINABLE BY DESIGN®](https://www.switch.com/sustainability/)Medical, Dental & Vision InsuranceAcceptable Use Policy
Counted from Switch'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.

Investors

DigitalBridge · IFM Investors · SoftBank (via DigitalBridge)

Products

  • Hyperscale data center campuses (Nevada, Texas, Georgia, Michigan)
  • Colocation and interconnection
  • Power, cooling and connectivity for GPU clusters
  • 100% renewably powered infrastructure

Competitors

Equinix · Digital Realty · CyrusOne · Vantage Data Centers · QTS · Aligned Data Centers
Data CentersAI InfrastructureDigital InfrastructureRenewable EnergyPrivate Equity OwnedIPO Candidate
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022-Q4. Refreshed quarterly.