Vultr

Vultr is a privately held cloud infrastructure provider. It offers cloud compute, bare metal, storage, networking and GPU-as-a-service across roughly 32 data center regions. It sells on a pay-as-you-go, no-long-term-contract model to developers, enterprises and AI innovators. The company was self-funded for about a decade. In December 2024 it raised $333M at a $3.5B valuation in a round led by AMD Ventures and LuminArx. In June 2025 it added $329M in credit financing. It is building a roughly 50MW AMD GPU cluster in Ohio, and estimates put its revenue at $50–100M.

Independent cloud / GPU cloud (AMD- and Nvidia-backed). $115M ARR (2021, profitable, bootstrapped); $333M at $3.5B (Dec 2024) + $329M credit for GPUs; ~$350M est. 2026 run-rate. Extra.