Companies · Energy / Climate

Crusoe Energy Systems Inc.

DENVER · Energy / Climate · refined from filed group “Other”

Diligence memoA one-page analyst read on Crusoe Energy Systems Inc. — recommendation, valuation, rhythm, risks.→
$128.0M
Total raised · real
1
Rounds
—
Latest step-up
Top 3%
Sector rank · raised
Series D+
Latest stage · inferred · Tue Apr 13 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Crusoe Energy Systems Inc. has raised $128M over 1 round; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the energy sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 5.2 yr ago; this sector typically re-raises about every 11 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Energy / Climate

Crusoe Energy Systems Inc. is one of 235 Energy / Climate companies tracked from DENVER. By capital raised it ranks among the largest (ahead of 98% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
35
Investors (latest)
2018
Year incorporated
2021-04-13
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500M$1.0B$1.5B$2.0BSeries D+ · 2021-04-13 Raised $128M (real) Modeled valuation $1.6B (est)$128M$1.6BSeries D+2021

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series D+$128.0M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 17%.

Modeled valuation trajectory
$1.6B
Base estimate est.
$674.7M
Conservative case
$3.3B
Upside case
$1.1B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+ — a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
79%
Survival probability
63% low · 87% high
1.14×/yr
Annual markup
1.27×/yr upside case
5.2 yr
Elapsed time used
5.2 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
5.5 yr
On record since
2021
First round
1
Rounds on file
How it compares to the market

Benchmarked against 235 companies in Energy / Climate. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages)▲ 26× above median
This company$128.0M
Sector median$5.0M
Latest round — vs other Series D+ rounds in sector (real $, this stage)▼ 0.9× of median
This company$128.0M
Sector median$149.0M
Modeled value — vs sector median (estimate, all stages)▲ 86× above median
This company$1.6B
Sector median$19.0M

Raised more than 98% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

Not enough valued peers in this cohort to chart positioning.

CompanyStageRaised · realValue · estvs peer med.
Solid Power Inc.Series D+$180.2M$1.9B1.07×
Crusoe Energy Systems Inc. this companySeries D+$128.0M$1.6B0.93×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series D+$128.0M2021-04-13$1.1B$1.6B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series D+$128.0M2021-04-13
    • First recorded raise — entered as Series D+.
    • 35 investors on this round.
Intelligence
—
Modeled next raise
$204.8M
Modeled next size est.range $133.1M–$327.7M
—
Last step-up
—
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Nael Kassar—10 other2021-04
STEFAN COHEN—3 other2021-04
Charles Cavness—1 other2021-04
Chase Lochmiller—1 other2021-04
Sam Teller——2021-04
Registry & provenance

Crusoe Energy Systems Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1770688
SEC CIK
2018
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Crusoe Energy Holdings Inc.AI / MLGrowth/Late$2.2B$11.0Bnetwork4 shared operators
Solid Power Inc.Energy / ClimateSeries D+$180.2M$1.9Bsame sector · same stage
Natron Energy, Inc.Energy / ClimateSeries D+$255.4M$1.7Bsame sector · same stage
EtaGen, Inc.OtherSeries D+$191.4M$1.7Bnetwork1 shared operator · same stage
LevelTen Energy, Inc.Energy / ClimateSeries C$137.3M$422.3Msame sector
Electric Hydrogen Co.Energy / ClimateSeries D+$544.6M$3.8Bsame sector · same stage
Tigo Energy IncEnergy / ClimateSeries B$150.9M$48.2Msame sector
RefleXion Medical, Inc.HealthtechSeries D+$413.0M$1.3Bnetwork1 shared operator · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Encore Energy Corp.Energy / ClimateSeries B$135.5M85%
Gridtential Energy, Inc.Energy / ClimateSeries A$137.1M84%
Lumen Energy, Inc.Energy / ClimateSeries A$7.3M83%
Nexera Energy Inc.Energy / ClimatePre-Seed$521K83%
Energy Finders IncEnergy / ClimatePre-Seed$1.0M83%
Achates Power IncEnergy / ClimateSeries B$408.2M83%
Energy Resource Management Corp.Energy / ClimateSeed$17.7M82%
ANI Energy, LLCEnergy / ClimatePre-Seed$3.7M82%
Frequently asked
How much funding has Crusoe Energy Systems Inc. raised?
Crusoe Energy Systems Inc. has raised approximately $128.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Crusoe Energy Systems Inc.'s estimated valuation?
Provath's modeled valuation for Crusoe Energy Systems Inc. is approximately $1.6B (modeled range $674.7M–$3.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Crusoe Energy Systems Inc. at?
Crusoe Energy Systems Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Tue Apr 13.
What does Crusoe Energy Systems Inc. do and where is it based?
Crusoe Energy Systems Inc. operates in the Energy / Climate sector, based in DENVER.
Explore related

See where Crusoe Energy Systems Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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