Crusoe Energy

Denver, Colorado
Denver, Colorado

Crusoe is a 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.

Founded Year
2018
Est. Valuation
$12.65B
Total Raised
$4.14B
Last Raised
Undisclosed
Stage
Later Stage VC

Company Profile

Crusoe Energy Systems Inc. (operating as Crusoe) is a vertically integrated "AI factory" company that designs, builds, and operates carbon-negative data center infrastructure. Founded in 2018, Crusoe uniquely operates at the exact intersection of energy production and high-performance computing. The company solved a massive environmental issue by creating a technology that captures wasted or "stranded" energy—originally natural gas that oil companies flame into the atmosphere—and transforms it on-site into low-cost electricity to power modular AI and cryptocurrency data centers

Latest Funding Rounds

12-Dec-2025 Later Stage VC

21-Nov-2025 $15.0M Secondary Transaction - Private

13-Nov-2025 $8.48M Debt - General

24-Oct-2025 $1.37B Later Stage VC (Series E)

25-Aug-2025 $175.0M Capital Spending

11-Jun-2025 $750.0M General Corporate Purpose

28-Mar-2025 $225.0M Debt - Acquisition

12-Dec-2024 $685.72M Later Stage VC (Series D)

20-Apr-2022 $505.0M Later Stage VC (Series C)

01-Mar-2024 $14.0M Debt - General

Key Management

Chase Lochmiller Co-Founder, Chief Executive Officer & Chairman

Charles Cavness Co-Founder, Chief Strategy Officer, President & Board Member

Michael Gordon Chief Operating Officer & Chief Financial Officer

Nitin Perumbeti Chief Technology Officer

Timothy Loos Chief Accounting Officer

Tara Green Chief People Officer

Agustin Rayon Senior Director of Engineering and Operations & Director of Manufacturing Engineering

Chris Dolan Chief Data Center Officer

Matt Field Chief Real Estate Officer

Jamie McGrath Senior Vice President of Data Center Operations

Investors

ARK Ventures (US), AccessPoint Fund, Advaita Capital, Astro Capital (NY), Black Box Ventures (New York), Everybody Ventures, Garuda, Invariantes Fund, Launchbay Capital, Marathon Fund

Information provided is from the Pitchbook database as of 6/23/2026.

Frequently Asked Questions

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What is Pre-IPO Investing?

Pre-IPO investing involves purchasing shares in a private company before it goes public. This allows investors to secure ownership at a price often significantly lower than the eventual IPO listing price.‍

Pre-IPO investments are typically offered to accredited investors and present an opportunity to invest in high-growth companies at an early stage. If the company’s valuation rises after it becomes publicly traded, these investments can lead to exponential returns.‍

However, pre-IPO investing requires careful consideration due to associated risks such as limited liquidity and company-specific challenges.

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What Makes Pre-IPOs Different from IPOs?

Pre-IPOs and IPOs differ primarily in timing, access, and pricing:

  • Timing: Pre-IPO shares are offered before the company goes public, while IPO shares are available to the public during the company’s market debut.
  • Access: Pre-IPO shares are typically reserved for institutional investors and accredited individuals, whereas IPO shares are open to the broader market.
  • Pricing: Pre-IPO shares are often sold at a discounted rate compared to the IPO listing price, giving early investors an advantage in potential returns.
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Who Can Invest in Pre-IPOs?

Pre-IPO investments are generally restricted to accredited investors, as defined by the SEC. To qualify, an individual must meet at least one of the following criteria:

  • A net worth exceeding $1 million (excluding primary residence).
  • An annual income over $200,000 (or $300,000 jointly with a spouse) for the past two years, with expectations of maintaining that level.
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How Do You Invest in an IPO?

For investors seeking to diversify their portfolios and explore private market opportunities, here’s how to buy pre-IPO stock:‍

  1. We will guide you through the qualification process, ensuring you meet these criteria and are well-prepared to participate in pre-IPO investments. Investing in pre-IPOs often requires accredited investor status, defined as having a net worth exceeding $1 million (excluding your primary residence) or an annual income of at least $200,000.
  2. HUDSONPOINT will provide detailed insights into a company’s financials, growth potential, and market conditions to help you make informed decisions.
  3. HUDSONPOINT facilitates your participation by pooling client capital to meet the minimum investment requirements.
  4. HUDSONPOINT manages the transaction on behalf of our clients. We offer ongoing monitoring and updates on your pre-IPO shares on all aspects as the company progresses toward its public listing to help keep our clients informed about developments that could impact your investment.
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What Happens to Pre-IPO Shares After the IPO?

Once the company goes public, shares may be liquidated or distributed to the members, depending on market conditions and investment valuation..

HUDSONPOINT capital manages this transition by either liquidating the shares on behalf of investors or distributing them directly to clients. Our approach offers flexibility with the goal of maximizing potential returns while aligning with each investor’s strategy.

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