crusoe.aiEnergy / Energy efficiencyFounded: 2018Funding to Date: $163.12MM
Crusoe Energy Systems operates modular data centers designed to reduce routine flaring of natural gas and lower the cost of cloud computing. By converting natural gas to energy-intensive computing, Crusoe technology delivers an environmentally sound way to create a beneficial use for otherwise wasted natural gas. The company was founded by Chase Lochmiller and Cully Cavness in 2018 and is headquartered in Denver, CO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
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04/26/2021 | Series B-3 | $8.5MM | $xx.xx | $453.44MM | Valor Equity Partners, Lowercarbon Capital, DRW Venture Capital, Founders Fund, Bain Capital Ventures, Coinbase Ventures, Polychain Capital, KCK Group, Upper90, Winklevoss Capital, Exor, Zigg Capital, JB Straubel | |
Price per Share
$xx.xx
Shares Outstanding
1,628,476
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Valor Equity Partners, Lowercarbon Capital, DRW Venture Capital, Founders Fund, Bain Capital Ventures, Coinbase Ventures, Polychain Capital, KCK Group, Upper90, Winklevoss Capital, Exor, Zigg Capital, JB Straubel
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04/26/2021 | Series B-2 | $4.52MM | $xx.xx | $453.44MM | Valor Equity Partners, Lowercarbon Capital, DRW Venture Capital, Founders Fund, Bain Capital Ventures, Coinbase Ventures, Polychain Capital, KCK Group, Upper90, Winklevoss Capital, Exor, Zigg Capital, JB Straubel | |
Price per Share
$xx.xx
Shares Outstanding
792,893
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Valor Equity Partners, Lowercarbon Capital, DRW Venture Capital, Founders Fund, Bain Capital Ventures, Coinbase Ventures, Polychain Capital, KCK Group, Upper90, Winklevoss Capital, Exor, Zigg Capital, JB Straubel
|
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04/26/2021 | Series B-1 | $115MM | $xx.xx | $453.44MM | Valor Equity Partners, Lowercarbon Capital, DRW Venture Capital, Founders Fund, Bain Capital Ventures, Coinbase Ventures, Polychain Capital, KCK Group, Upper90, Winklevoss Capital, Exor, Zigg Capital, JB Straubel | |
Price per Share
$xx.xx
Shares Outstanding
9,948,208
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Valor Equity Partners, Lowercarbon Capital, DRW Venture Capital, Founders Fund, Bain Capital Ventures, Coinbase Ventures, Polychain Capital, KCK Group, Upper90, Winklevoss Capital, Exor, Zigg Capital, JB Straubel
|
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12/06/2019 | Series A | $30MM | $xx.xx | $102.76MM | Bain Capital Ventures, KCK Group, Founders Fund, Winklevoss Capital, Polychain Capital | |
Price per Share
$xx.xx
Shares Outstanding
7,805,786
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bain Capital Ventures, KCK Group, Founders Fund, Winklevoss Capital, Polychain Capital
|
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05/03/2019 | Series Seed-2 | $4.5MM | $xx.xx | $15.42MM | Bain Capital Ventures, Founders Fund, Wicklow Capital, Winklevoss Capital, Dragonfly Capital Partners | |
Price per Share
$xx.xx
Shares Outstanding
4,808,201
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bain Capital Ventures, Founders Fund, Wicklow Capital, Winklevoss Capital, Dragonfly Capital Partners
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05/03/2019 | Series Seed-1 | $600,000 | $xx.xx | $15.42MM | Bain Capital Ventures, Founders Fund, Wicklow Capital, Winklevoss Capital, Dragonfly Capital Partners | |
Price per Share
$xx.xx
Shares Outstanding
3,428,572
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bain Capital Ventures, Founders Fund, Wicklow Capital, Winklevoss Capital, Dragonfly Capital Partners
|