Vultr
Independent 'alternative hyperscaler' (The Constant Company) offering general cloud plus AMD and NVIDIA GPU cloud across many regions.
www.vultr.com · Record collected 25 Sept 2026
Profile from NeoCloud Observatory research (snapshot 2026-09-25); every figure links to its original source.
Profile
- Headquarters
- West Palm Beach, Florida, United States
- Founded
- 2014
- Ownership
- private
- Operating regions
- North America
- Deployment model
- gpu hour rental, bare metal
- GPU vendors
- NVIDIA, AMD
- GPU generations
- Not yet recorded
- Networking
- Not yet recorded
- Storage
- Not yet recorded
- Cooling
- Not yet recorded
- Energy strategy
- Not yet recorded
- Platform / control plane
- Not yet recorded
- Business model
- Not yet recorded
- Differentiation
- Not yet recorded
Source: CNBC — AMD invests in GPU cloud provider Vultr at $3.5 billion valuation
Capacity register
Each sourced figure with its maturity and MW type. Figures of different types are not added together.
No sourced capacity figures recorded.
Projects
| Project | Location | Status | Capacity |
|---|---|---|---|
| Vultr 50 MW AMD GPU cluster (Springfield, Ohio) Participants: —. Source: NeoCloud Observatory research. Sources: CNBC — AMD invests in GPU cloud provider Vultr at $3.5 billion valuation, DatacenterDynamics — Vultr seeks at least $1bn in funding - report | Springfield, Ohio, United States | planned | 50 MW (unspecified, announced) |
Disclosed customer contracts
No disclosed customer contracts recorded.
Financing & M&A
| Date | Type | Amount | Detail |
|---|---|---|---|
| 1 Mar 2026 | equity | $1.0B | Vultr — Reported raise (reported discussion) 'seeks at least $1bn' (report); date approximate. Source: DatacenterDynamics — Vultr seeks at least $1bn in funding - report |
| 1 Jun 2025 | debt | $329.0M | Vultr — Credit facility Date approximate (June 2025). Source: DatacenterDynamics — Vultr seeks at least $1bn in funding - report |
| 18 Dec 2024 | equity | $333.0M | Vultr — Growth Investors: LuminArx Capital Management, AMD Ventures Source: Business Wire (Vultr) — Vultr Completes Financing With LuminArx and AMD Ventures at $3.5 Billion Valuation |
Neocloud Observatory
Evidence-scored analysis
Category E · HPC Cloud · data quality 45.6/100 · snapshot 25 Sept 2026
Capacity by maturity (MW)
Each stage is reported separately and never added together. Announced GPUs never count as operational.
- Operational Unknown
- Under construction Unknown
- Contracted Unknown
- Secured Unknown
- Announced 50 MW
- Stated pipeline Unknown
- Company target Unknown
- GPUs operational
- Unknown
- GPUs contracted
- Unknown
- GPUs announced
- Unknown
GPU platforms: AMD Instinct + NVIDIA GPUs
Financial position
- Annualised revenue
- Unknown
- Revenue growth (YoY)
- Unknown
- Backlog
- Unknown
- Disclosed contract value
- Unknown
- Valuationpost money funding valuation
- $3.5B
- Equity raised (captured)
- $333M
- Debt raised (captured)
- $329M
- Total debt (reported)
- Unknown
- Hyperscaler credit supportnot cash raised
- Unknown
Scorecard
score-v1.0 · 0–100 · scores with under 34% evidence coverage stay empty
Business Model Quality 36 evidence coverage 75%
- contracted revenue model: 45 (weight 0.4) — spot/on-demand oriented
- model diversity: 44 (weight 0.2) — gpu_hour_rental, bare_metal
- margin: unknown (weight 0.25) — no margin data
- software upside: 0 (weight 0.15) — 0 software layers
Capital Access 57 evidence coverage 65%
- total capital raised: 45 (weight 0.3) — $662M equity+debt captured
- raised last 12m: unknown (weight 0.25) — UNKNOWN in 12m
- valuation: 52 (weight 0.2) — post_money_funding_valuation valuation $3.50B
- strategic backers: 90 (weight 0.15) — NVIDIA/AMD investor or hyperscaler credit support
- cost of debt: unknown (weight 0.1) — no rate disclosed
Competitive Moat 19 evidence coverage 55%
- physical control: 35 (weight 0.3) — power/land/DC control
- software depth: 0 (weight 0.25) — 0 software layers
- contracted lock in: unknown (weight 0.25) — backlog/contract value UNKNOWN
- operational reputation: unknown (weight 0.2) — not rated
Concentration Risk (higher = riskier) Insufficient evidence evidence coverage 0%
- top customer share: unknown (weight 0.8) — UNKNOWN
- few customers: unknown (weight 0.2) — 0 disclosed customers
Customer Diversification Insufficient evidence evidence coverage 0%
- top customer share: unknown (weight 0.6) — concentration UNKNOWN
- distinct customers: unknown (weight 0.4) — 0 disclosed customer relationships
Customer Quality Insufficient evidence evidence coverage 0%
- hyperscaler or lab: unknown (weight 0.5) — 0 disclosed customers
- contracted value: unknown (weight 0.5) — disclosed contract value UNKNOWN
Execution Risk (higher = riskier) Insufficient evidence evidence coverage 25%
- build to operating ratio: unknown (weight 0.45) — 0 MW to build vs 0 MW operating
- soft pipeline share: 100 (weight 0.25) — 50 MW secured/announced/speculative
- organisational youth: unknown (weight 0.3) — founded UNKNOWN
Financial Durability Insufficient evidence evidence coverage 10%
- revenue scale: unknown (weight 0.3) — annualised revenue UNKNOWN (n/a)
- net margin: unknown (weight 0.2) — no margin data
- cash: unknown (weight 0.2) — cash UNKNOWN
- backlog coverage: unknown (weight 0.2) — no backlog/revenue
- public disclosure: 40 (weight 0.1) — private
Financial Risk (higher = riskier) Insufficient evidence evidence coverage 0%
- losses: unknown (weight 0.3) — no margin data
- debt to revenue: unknown (weight 0.3) — no debt/revenue data
- reliance on new capital: unknown (weight 0.25) — n/a
- revenue scale inverse: unknown (weight 0.15) — revenue UNKNOWN
Geographic Position 29 evidence coverage 100%
- countries: 18 (weight 0.6) — United States
- sovereign positioning: 45 (weight 0.4) — no sovereign positioning
GPU Supply Position 60 evidence coverage 60%
- gpu fleet and contracted: unknown (weight 0.4) — 0 GPUs operational+contracted
- vendor relationship: 80 (weight 0.3) — AMD investor
- latest generation: 40 (weight 0.3) — AMD Instinct + NVIDIA GPUs
Growth Momentum Insufficient evidence evidence coverage 20%
- revenue growth yoy: unknown (weight 0.4) — no growth data
- capacity momentum: unknown (weight 0.25) — 0 MW contracted/under construction
- recent major events: 0 (weight 0.2) — 0 major confirmed events in 180d
- capital raised 12m: unknown (weight 0.15) — raised UNKNOWN in 12m
Infrastructure Execution 13 evidence coverage 60%
- delivered projects: 0 (weight 0.4) — 0/1 tracked projects (partially) operational
- operational share of hard mw: unknown (weight 0.4) — 0 of 0 hard MW operational
- building now: 40 (weight 0.2) — 0 under construction
Management Execution 20 evidence coverage 50%
- delivered capacity: unknown (weight 0.5) — 0 MW delivered to date
- milestones 180d: 0 (weight 0.3) — 0 confirmed major milestones (180d)
- disclosure discipline: 50 (weight 0.2) — private
Operational Capacity Insufficient evidence evidence coverage 0%
- operational mw: unknown (weight 0.65) — operational MW UNKNOWN
- operational gpus: unknown (weight 0.35) — operational GPUs UNKNOWN
Power Pipeline Quality 10 evidence coverage 100%
- weighted pipeline mw: 6 (weight 0.5) — ladder-weighted 15 MW
- hard share: 0 (weight 0.3) — 0% of stated MW is operational/under construction/contracted
- physical power control: 35 (weight 0.2) — physical-layer control 35/100
Software Platform Maturity 33 evidence coverage 75%
- software layers: 0 (weight 0.5) — none evidenced
- software control: 100 (weight 0.25) — software-layer control 100/100
- independent rating: unknown (weight 0.25) — not rated
Strategic Partnerships 85 evidence coverage 40%
- vendor equity: 85 (weight 0.4) — AMD investor
- hyperscaler ties: unknown (weight 0.4) — none evidenced
- exemplar or rating: unknown (weight 0.2) — n/a
Technical Differentiation 25 evidence coverage 70%
- differentiators: 25 (weight 0.7) — AMD accelerator focus
- independent rating: unknown (weight 0.3) — not rated
Technical Strength Insufficient evidence evidence coverage 25%
- independent rating: unknown (weight 0.45) — not rated
- exemplar cloud: unknown (weight 0.15) — n/a
- fabric evidence: unknown (weight 0.15) — fabric UNKNOWN
- stack documentation: 12 (weight 0.25) — 1 technology layers evidenced
Vertical Integration Insufficient evidence evidence coverage 0%
- stack control: unknown (weight 1) — 3 of 12 layers evidenced; 9 UNKNOWN
Career Opportunity 43 evidence coverage 51%
- growth momentum: unknown (weight 0.2) — Growth Momentum
- capital access: 57 (weight 0.15) — Capital Access
- technical strength: unknown (weight 0.12) — Technical Strength
- software platform maturity: 33 (weight 0.12) — Software Platform Maturity
- power pipeline quality: 10 (weight 0.1) — Power Pipeline Quality
- geographic position: 29 (weight 0.06) — Geographic Position
- strategic partnerships: 85 (weight 0.08) — Strategic Partnerships
- hiring: unknown (weight 0.07) — open roles (public boards)
- inv financial risk: unknown (weight 0.1) — 100 - financial risk
Data Quality 46 evidence coverage 24%
- dq coverage: unknown (weight 0) — 0.235
- dq avg confidence: unknown (weight 0) — 0.715
- dq primary source pct: unknown (weight 0) — 0.167
- dq freshness days: unknown (weight 0) — 0
- dq conflicts: unknown (weight 0) — 0
- dq missing count: unknown (weight 0) — 13
Worth Investigating? (not investment advice) 38 evidence coverage 54%
- growth momentum: unknown (weight 0.18) — Growth Momentum
- technical differentiation: 25 (weight 0.12) — Technical Differentiation
- customer quality: unknown (weight 0.12) — Customer Quality
- power pipeline quality: 10 (weight 0.12) — Power Pipeline Quality
- capital access: 57 (weight 0.12) — Capital Access
- strategic partnerships: 85 (weight 0.1) — Strategic Partnerships
- technical strength: unknown (weight 0.08) — Technical Strength
- infrastructure execution: 13 (weight 0.08) — Infrastructure Execution
- operational capacity: unknown (weight 0.08) — Operational Capacity
- novelty bonus: 0 (weight 0.3) — company ≤3 years old
Overall Scale Potential Insufficient evidence evidence coverage 55%
- power pipeline quality: 10 (weight 0.3)
- capital access: 57 (weight 0.25)
- customer quality: unknown (weight 0.2)
- operational capacity: unknown (weight 0.15)
- vertical integration: unknown (weight 0.1)
Overall Survival Probability (5y, %) 74 evidence coverage 25%
- model: unknown (weight 1) — logistic(durability, capital access, customer quality, risks)
Forecasts (rule-based, P10–P90)
| Horizon | Operational MW | Annualised revenue |
|---|---|---|
| 12 months | 3 MW (0 MW–8 MW) | Unknown |
| 24 months | 10 MW (3 MW–20 MW) | Unknown |
| 36 months | 18 MW (5 MW–30 MW) | Unknown |
| 60 months | 23 MW (8 MW–38 MW) | Unknown |
Stored in an immutable prediction ledger and scored against reported outcomes when they fall due. Predictions, not facts.
Outcome probabilities
| Outcome | 12 mo | 24 mo | 36 mo | 60 mo |
|---|---|---|---|---|
| Remain independent | 89% | 78% | 68% | 49% |
| Acquired | 6% | 12% | 17% | 27% |
| Merge | 1% | 2% | 3% | 5% |
| Fail | 4% | 8% | 12% | 19% |
| IPO | 4% | 8% | 12% | 18% |
| Acquire another company | 4% | 8% | 12% | 18% |
| Financial distress | 5% | 10% | 14% | 23% |
| Major cloud scale (≥2 GW operational or ≥$10B revenue) | 0% | 0% | 0% | 0% |
| Remain niche | 96% | 92% | 88% | 81% |
| Strategic pivot | 5% | 10% | 15% | 25% |
| Exit AI infrastructure | 1% | 2% | 3% | 5% |
Ownership outcomes (independent, acquired, merge, fail) sum to 100% at each horizon; the others are independent events.
Vertical-integration stack
- energy UNKNOWN No evidence captured (unknown)
- land UNKNOWN No evidence captured (unknown)
- data center LEASED Colocation footprint. (inferred)
- power cooling UNKNOWN No evidence captured (unknown)
- gpu hardware OWNED (inferred)
- network UNKNOWN No evidence captured (unknown)
- storage UNKNOWN No evidence captured (unknown)
- bare metal UNKNOWN No evidence captured (unknown)
- orchestration UNKNOWN No evidence captured (unknown)
- cloud api OWNED Full cloud API. (inferred)
- ai platform UNKNOWN No evidence captured (unknown)
- managed ai UNKNOWN No evidence captured (unknown)
Not yet sourced: revenue, revenue run rate, power mw.operational, power mw.contracted, gpu count, cash, backlog, employees, profile.ceo, profile.founded year, customers, tech stack, stack control.
Timeline
-
1 Mar 2026 · equity
Vultr — Reported raise (reported discussion) 'seeks at least $1bn' (report); date approximate.
Source: DatacenterDynamics — Vultr seeks at least $1bn in funding - report -
1 Jun 2025 · debt
Vultr — Credit facility Date approximate (June 2025).
Source: DatacenterDynamics — Vultr seeks at least $1bn in funding - report -
18 Dec 2024 · equity
Vultr — Growth
Source: Business Wire (Vultr) — Vultr Completes Financing With LuminArx and AMD Ventures at $3.5 Billion Valuation
Recent coverage
Updated 1 Nov 2026, 11:54 UTC
- 21 Oct 2026 Data Centre
Vultr to deploy 20MW AMD MI355X cluster in Chennai, India
Says it will be the country's largest AMD Instinct deployment
DatacenterDynamics
- 30 Sept 2026 Data Centre
HPE Secures Its 1st AMD Helios Order in $1.2B Deal with Vultr
Vultr will deploy first AMD Helios AI Rack by HPE systems featuring new purpose-built HPE Networking scale-up switching at its U.S. data centers SUNNYVALE, Calif., Sept. 30, 2026 — HPE today announced a $1.2 billion order from Vultr to deploy AMD Helios AI Rack by HPE systems at Vultr’s cloud data center locations…
HPCwire