Crusoe reports over $140B in total contracted value and over 6 GW of contracted capacity
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What happened
On 17 September 2026 Crusoe released business figures alongside the announcement of its Series F. The company said it had over $140 billion in total contracted value and over 6 GW of gross contracted capacity across data centers and cloud, with 1 GW of gross capacity delivered and operational.
The release also cited "20x+ year over year growth in Crusoe Cloud bookings YTD". Crusoe's Managed Inference product, launched late last year, had already contracted over $100 million in annual recurring revenue (ARR), the company said. It reported a workforce of over 1,800 across five countries. In the same release Crusoe announced the initial close of a $3.9 billion Series F at a $30.9 billion post-money valuation, co-led by Atreides Management, Mubadala Capital and Valor Equity Partners, with participation from investors including Founders Fund, GIC, NVIDIA and QIA. The company said the capital would help it scale its existing programs and build out its own AI factories. All of the operating figures are the company's own; the release is the only source read, and it gives no independent confirmation of them.
Key points
- Crusoe said it had over $140 billion in total contracted value.1
- It reported over 6 GW of gross contracted capacity, with 1 GW delivered and operational.1
- The release cited more than 20x year-over-year growth in Crusoe Cloud bookings year to date.1
- Managed Inference, launched late last year, had contracted over $100 million in ARR, the company said.1
- The figures came with an initial close of a $3.9 billion Series F at a $30.9 billion post-money valuation.1
Why it matters
The $140 billion contracted figure is disclosed in the same release as the $30.9 billion post-money valuation, so the contracted value is the company's own account of what the valuation rests on.
Of over 6 GW contracted, 1 GW is operational. The gap shows how much of the stated capacity is still to be delivered.
Contracted value, bookings growth and ARR are stated by Crusoe in its own release. The source gives no audit or outside confirmation, which matters for anyone comparing this mark with other rounds.
In context
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series C | Apr 21, 2022 | $1.8B | $350M | G2 Venture Partners |
| Series D | Dec 12, 2024 | $2.8B | $600M | Founders Fund |
| Series F | Sep 17, 2026 | $31B | $3.9B | Atreides Management, Mubadala Capital, and Valor Equity Partners |
Updated
Fact-check
- Crusoe has over $140 billion in total contracted value.Confirmed by [1] Crusoe: the Series F release states over $140 billion in total contracted value (TCV). It is a company figure.Verified
- Gross contracted capacity is over 6 GW, with 1 GW delivered and operational.Confirmed by [1] Crusoe: the bullets give 6GW+ gross contracted capacity and 1 GW delivered and operational; the body says over 1 GW.Verified
- Crusoe Cloud bookings showed 20x+ year-over-year growth year to date; Managed Inference, launched late last year, has contracted over $100 million in ARR.Confirmed by [1] Crusoe: the release states both figures; the bookings phrase combines 'year over year' and 'YTD', so the post quotes it.Verified
- Crusoe announced an initial close of a $3.9 billion Series F at a $30.9 billion post-money valuation on 17 September 2026, co-led by Atreides Management, Mubadala Capital and Valor Equity Partners.Confirmed by [1] Crusoe: the release datelined 17 September 2026 announces the initial close, leads and participants including Founders Fund, GIC, NVIDIA and QIA.Verified
- Crusoe has a workforce of over 1,800 across five countries.Confirmed by [1] Crusoe.Verified
Sources
- [1]Crusoe (opens in a new tab)Crusoe Raises $3.9B Series F at a $30.9B Valuationover $140 billion in total contracted value (TCV)
