Crusoe revenue and valuation
Specter estimates Crusoe's annual revenue at $600M to $3.15B and its valuation at $27.6B to $39.4B. The company was priced at $30.9B in September 2026.
- Estimated revenue
- $600M–$3.15B
- Estimated valuation
- $27.6B–$39.4B
- Total funding
- $8.1B
- Founded
- 2018
- Headquarters
- Denver, United States
- Employees
- 1,808
Crusoe revenue
Specter's model puts current revenue between $600M and $3.15B.
Monthly data
| Month | Specter estimate | Low | High | Reported revenue |
|---|---|---|---|---|
| $1.87B | $600M | $3.15B | ||
| $2.25B | $680M | $3.82B | ||
| $1.81B | $570M | $3.06B | ||
| $1.59B | $600M | $2.58B | ||
| $1.74B | $650M | $2.83B | ||
| $1.64B | $840M | $2.44B | ||
| $1.58B | $800M | $2.36B | ||
| $1.35B | $440M | $2.25B | ||
| $1.34B | $520M | $2.17B | ||
| $1.08B | $370M | $1.78B | ||
| $840M | $310M | $1.38B | ||
| $760M | $280M | $1.25B | ||
| $700M | $270M | $1.14B | ||
| $650M | $250M | $1.06B | ||
| $580M | $210M | $960M | ||
| $570M | $210M | $930M | ||
| $490M | $199M | $780M | ||
| $380M | $156M | $610M | ||
| $390M | $116M | $660M | ||
| $300M | $96M | $510M | ||
| $350M | $110M | $590M | ||
| $320M | $111M | $530M | ||
| $350M | $155M | $540M | ||
| $330M | $131M | $530M | ||
| $350M | $137M | $560M | ||
| $230M | $80M | $380M | ||
| $122M | $48M | $195M | ||
| $118M | $40M | $196M | ||
| $125M | $43M | $210M |
Crusoe valuation
Crusoe's valuation rose from $5M at its Seed in May 2019 to $30.9B at its Series F in September 2026. Specter's live estimate sits between $27.6B and $39.4B.
Monthly data
| Month | Specter estimate | Low | High | Reported valuation |
|---|---|---|---|---|
| $33B | $27.6B | $39.4B | ||
| $30.9B | $25.7B | $37.1B | $30.9B (round) | |
| $30.7B | $24.9B | $37.8B | ||
| $30.4B | $25.5B | $36.4B | ||
| $30.2B | $25.2B | $36.3B | ||
| $30B | $24.9B | $36.1B | $30B (press) | |
| $22.8B | $19.6B | $26.6B | ||
| $17.3B | $14.7B | $20.5B | ||
| $13.2B | $11B | $15.8B | ||
| $10B | $8.32B | $12B | $10B (press) | |
| $10B | $8.39B | $11.9B | ||
| $10B | $8.32B | $12B | $10B (press) | |
| $10B | $8.32B | $12B | $10B (round) | |
| $8.99B | $8.12B | $9.96B | ||
| $8.09B | $6.59B | $9.93B | ||
| $7.27B | $5.64B | $9.39B | ||
| $6.54B | $5.49B | $7.79B | ||
| $5.88B | $4.4B | $7.86B | ||
| $5.29B | $4.07B | $6.87B | ||
| $4.76B | $3.82B | $5.92B | ||
| $4.28B | $3.24B | $5.66B | ||
| $3.85B | $2.99B | $4.96B | ||
| $3.46B | $2.79B | $4.29B | ||
| $3.11B | $2.56B | $3.79B | ||
| $2.8B | $2.33B | $3.37B | $2.8B (round) | |
| $3.46B | $2.47B | $4.85B | ||
| $4.28B | $3.04B | $6.02B | ||
| $5.29B | $4B | $7B | ||
| $6.54B | $5.15B | $8.31B |
Crusoe funding rounds
| Date | Round | Raised | Post-money valuation | Lead investors |
|---|---|---|---|---|
| Series F | $3.9B | $30.9B | Atreides Management, Valor Equity Partners, Mubadala Capital | |
| Debt financing | $300M | Undisclosed | Goldman Sachs | |
| Series E | $1.4B | $10B | Valor Equity Partners, Mubadala Capital | |
| Debt financing | $175M | Undisclosed | Victory Park Capital | |
| Debt financing | $750M | Undisclosed | Brookfield Asset Management | |
| Debt financing | $225M | Undisclosed | Upper90 | |
| Series D | $600M | $2.8B | Founders Fund | |
| Series C | $350M | $1.75B | G2 Venture Partners | |
| Debt financing | $155M | Undisclosed | Undisclosed | |
| Series B | $128M | Undisclosed | Valor Equity Partners | |
| Debt financing | $40M | Undisclosed | Upper90 | |
| Venture round | $30M | Undisclosed | KCK, Bain Capital Ventures | |
| Debt financing | $40M | Undisclosed | Upper90 | |
| Seed | $4.5M | $5M | Pathfinder, Bain Capital Ventures, Dragonfly |
Crusoe competitors
The AI cloud market splits between centralized data center infrastructure and decentralized GPU marketplaces.
| Company | Revenue | Valuation |
|---|---|---|
| $600M–$3.15B | $27.6B–$39.4B | |
| $12.2B–$18.9B | $49.9B–$136B | |
| $320M–$1.25B | $12.1B–$17.4B | |
| $2.38B–$4.35B | $580M–$890M | |
| $163M–$940M | $15B–$21.6B |
Crusoe revenue and valuation FAQ
What is Crusoe's revenue?
Specter estimates Crusoe's annual revenue at $600M to $3.15B as of October 2026.
What is Crusoe's valuation?
Crusoe's latest post-money valuation is $30.9B, from a September 2026 Series F. Specter's live estimate is $27.6B to $39.4B.
How much funding has Crusoe raised?
$8.1B across 14 rounds, from a $4.5M Seed in May 2019 to a $3.9B Series F in September 2026.
Who invested in Crusoe?
67 investors, including Atreides Management, Brookfield Asset Management, Goldman Sachs, Mubadala Capital, Valor Equity Partners and Victory Park Capital.
Who are Crusoe's competitors?
CoreWeave, Lambda, Nebius and Fluidstack. Specter ranks 30 competitors for Crusoe.