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How Crusoe CEO Chase Lochmiller grew Crusoe to $290.7M revenue with a 912 person team in 2025.

Crusoe is a cloud computing company with a mission to align the future of computing with the future of the planet. It uses a patented Digital Flare Mitigation System to capture stranded gas from oil flare sites and convert it into usable energy to power its data centers, offering AI-optimized cloud computing solutions.

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Crusoe Revenue

In 2025, Crusoe's revenue reached $290.7M. Since its launch in 2018, Crusoe has shown consistent revenue growth.

Crusoe Revenue GrowthReported revenue / ARR by year$0$75M$150M$225M$300M$375M20182019202020212022202320242025$0$291MSource: GetLatka.com
YearMilestoneQuote
2025Crusoe Hit $290.7m revenue in September 2025
2018Launched with $0 revenue

Crusoe Valuation, Funding Rounds

Crusoe reached a $10B valuation in 2025, set during its Series E round.

Crusoe has raised $2.7B in total funding across 5 rounds, most recently a $1.4B Series E round in 2025.

Crusoe Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$3B$5B$8B$10B$13B201820192020202120222023202420252018 cumulative: $0 • 2018 Founded: $02022 cumulative: $350M • 2018 Founded: $0 • 2022 Series C: $350M2024 cumulative: $950M • 2018 Founded: $0 • 2022 Series C: $350M • 2024 Series D: $600M2025 cumulative: $1B • 2018 Founded: $0 • 2022 Series C: $350M • 2024 Series D: $600M • 2025 Funding round: $225M2025 cumulative: $1B • 2018 Founded: $0 • 2022 Series C: $350M • 2024 Series D: $600M • 2025 Funding round: $225M • 2025 Series B: $128M2025 cumulative: $3B • 2018 Founded: $0 • 2022 Series C: $350M • 2024 Series D: $600M • 2025 Funding round: $225M • 2025 Series B: $128M • 2025 Series E: $1B @ $10B valuation$3B2018 Founded: $0 valuation2025 Series E: $10B valuation$10BSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2025Series E$1.4B$10B14%
2025Series B$128M--
2025Funding round$225M--
2024Series D$600M--
2022Series C$350M--

Founder / CEO

Chase Lochmiller

Chase Lochmiller is listed as Founder / CEO at Crusoe.

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Customers

We do not have customer count information for Crusoe yet.

Crusoe Employees & Team Size

Crusoe employs approximately 912 people as of 2026.

Crusoe Team GrowthReported headcount over time02004006008001,0002018201920202021202220232024202500912912Source: GetLatka.com
YearMilestone
2025Reached 912 employees (November 2025)
2025Reached 768 employees (September 2025)

Frequently Asked Questions about Crusoe

What is Crusoe's revenue?

Crusoe generates $290.7M in revenue.

Who founded Crusoe?

Crusoe was founded by Chase Lochmiller.

Who is the CEO of Crusoe?

The CEO of Crusoe is Chase Lochmiller.

How much funding does Crusoe have?

Crusoe raised $2.7B.

How many employees does Crusoe have?

Crusoe has 912 employees.

Where is Crusoe headquarters?

Crusoe is headquartered in Denver, Colorado, United States.

Compare Crusoe to the industry

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Crusoe Revenue 2025: $290.7M ARR, $10B Valuation