TL;DR中文
这是list里唯一一家真正的"重资产物理基础设施"公司——它不写软件卖席位，它建数据中心、拉电、装GPU。OpenAI Stargate在得克萨斯Abilene的旗舰园区就是它建的。收入从$276M（2024）到约$1B（2025）到预计$2B+（2026），传闻正在以约**$30B**估值融资$3B准备IPO。
Worth-Joining Index · Scorecard
v2.1 ALPHA · 2026-08Career Score
77/100
Coverage
100%
Verified
17%
Stage cohort
Late
Vibe Check
🎪 community voting coming soon
Latest valuation
约$30B（2026年7月洽谈中，尚未close，据Bloomberg报道）；此前最近一次已完成融资为2025年10月Series E的$10B+，同月底员工股权tender又将估值推高到约$13B
Revenue
$276M
Total raised
累计约$3.9B股权融资（截至2025年10月Series E完成后）
Team size
Revelio Labs估算：截至2026年3月约1,250–1,330人
Traction · Key numbers
Funding
Total raised
累计约$3.9B股权融资（截至2025年10月Series E完成后）
Rounds
2
Valuation pace
$10B+
约$3B
Pre-IPO round (in talks) · 2026-07 · valuation 约$30B（2026年7月洽谈中，尚未close，据Bloomberg报道）；此前最近一次已完成融资为2025年10月Series E的$10B+，同月底员工股权tender又将估值推高到约$13B · led by Valor Equity Partners, Mubadala Capital（2025年10月Series E联合领投）
Figures under negotiation per Bloomberg reporting; not yet closed
$1.375B
Series E · 2025-10 · valuation $10B+ · led by Valor Equity, Mubadala Capital
With: NVIDIA, Fidelity, T. Rowe Price, Tiger Global, Founders Fund, Salesforce Ventures, Spark, Supermicro, Blue Owl（后续入局）
▸Strategic and public-market investors like NVIDIA, Supermicro, Fidelity, and T. Rowe coming in is a classic pre-IPO lineup
▸Secondary-market premium of ~136% over the last round, with roughly 2.3 buyers per seller — demand is hot
▸Oman Investment Authority exited in May 2026 with a 10x return
Founders
Chase Lochmiller CEO · 联合创始人
The original business used flared gas from oil fields to mine Bitcoin; sold the Bitcoin mining business to NYDIG in March 2025, exited crypto entirely, and went all in on AI infrastructure. Now positioned as an "AI factory company": vertically integrated from energy to data centers to GPU cloud
Reality · Working here
·This company is a different species from the rest of the list — it doesn't write software and sell seats; it builds data centers, pulls power, and installs GPUs
·If what you're looking for is a "write-code AI startup", this may not be what you're picturing
Signals & Risks
Editorial ✎
Good fit for
· People with backgrounds in energy, power, data centers, or large-scale infrastructure — one of the few entry points where that expertise plugs directly into the AI wave, and such talent is scarce
· Engineers who want to build large-scale physical systems rather than pure software
· People who want to join a company on the eve of its IPO and value the experience over the equity multiple
· People genuinely interested in the "physical layer of AI" — here you get to build it with your own hands
Not for
· People looking for a "write-code AI startup"
· People betting on an equity multiple — the entry price is high, upside is already compressed, and ongoing dilution is structural
Ask in the interview
1. How was the Wyoming episode characterized internally? You won't get the full answer, but the candor of the response is itself information
2. Customer concentration: what share of revenue do the top three customers represent? Contract terms? Any take-or-pay clauses?
3. In a falling-GPU-price scenario, how much debt-service pressure is the company under?
4. IPO timeline and your equity terms: lockup, strike price, latest 409A
Data changelog
Community corrections → editorial review → applied, fully on the record
data as of 2025-10 · Source: Finimize ↗
data as of 2026-08 · Source: Built In ↗
data as of 2025-10 · Source: GlobeNewswire（Crusoe官方新闻稿） ↗
data as of 2026-07 · Source: Bloomberg（经SiliconANGLE转载核实） ↗
data as of 2026-03 · Source: Revelio Labs ↗
data as of 2026-03 · Source: Revelio Labs ↗
data as of 2026-08 · Source: h1bgrader.com（H1B/LCA公开数据聚合，源自DOL披露数据） ↗
data as of 2026-08 · Source: levels.fyi ↗
Sponsorship
✓ Publicly verifiable · government dataH-1B recent sponsorship activity Latest
DOL LCA Disclosure Data · FY2024 – FY2026 Q2 ↗| Fiscal year | LCAs certified | Positions | Avg salary |
|---|---|---|---|
| FY2026 | 61 | 61 | $223k |
| FY2025 | 53 | 53 | $207k |
| FY2024 | 14 | 14 | $178k |
✓ Crusoe has been filing LCAs for H-1B roles recently — actively sponsoring. An LCA is the required first step of an H-1B petition — the most direct public signal of whether a company sponsors right now.
H-1B approval history
USCIS H-1B Employer Data Hub · FY2021–2023 ↗| Fiscal year | New approvals | New denials | Renewal approvals | Renewal denials |
|---|---|---|---|---|
| FY2022 | 0 | 0 | 1 | 0 |
| FY2021 | 1 | 0 | 0 | 0 |
✓ Crusoe has approved H-1B petitions in FY2021–2023 — proven ability and precedent to sponsor.
PERM green cards
DOL PERM Disclosure Data · FY2025 – FY2026 Q2（至2026年3月） ↗No records for this company in the imported PERM data. Green-card processes usually start once a company matures.
Want to check another company?Sponsorship lookup →
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