CleanSpark

San Diego, United States Founded: 2008 • Age: 18 yrs Acquired By STRATEAN INC
Microgrid optimizer software solutions are provided for energy management.
Annual revenue $379.0M Latest available
Total funding $2.9M 5 rounds
Employees 270 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About CleanSpark

CleanSpark is a company based in San Diego (United States) founded in 2008 was acquired by STRATEAN INC in July 2016. CleanSpark has raised $2.85 million across 5 funding rounds from investors including State of California, Trinity Cap and STRATEAN INC. The company has 270 employees as of September 30, 2024. CleanSpark has completed 8 acquisitions, including ATL Data Centers, GridFabric and Griid. CleanSpark offers products and services including Bitcoin Mining Services and Educational Resources. CleanSpark operates in a competitive market with competitors including Xendee, Go Electric, QPV, Frequenz and Brightmerge, among others.

  • Headquarter San Diego, United States
  • Employees 270 as on 30 Sep, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Cleanspark, Inc.
Operational Areas
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $378.97 M (USD)
    125.03
    as on Sep 30, 2024
  • Net Profit
    -$145.78 M (USD)
    -5.52
    as on Sep 30, 2024
  • EBITDA
    $95.37 M (USD)
    3796.51
    as on Sep 30, 2024
  • Total Equity Funding
    $2.85 M (USD)

    in 5 rounds

  • Latest Funding Round
    $1.15 B (USD), Post-IPO

    Nov 10, 2025

  • Investors
  • Employee Count
    270

    as on Sep 30, 2024

  • Investments & Acquisitions
  • Acquired by
    STRATEAN INC

    (Jul 11, 2016)

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IPO & Listings of CleanSpark

CleanSpark is a publicly listed company on the NASDAQ with ticker symbol CLSK in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: CLSK · Sector: Technology services · USA

Products & Services of CleanSpark

CleanSpark offers a comprehensive portfolio of products and services, including Bitcoin Mining Services and Educational Resources.

Product name locked
Category locked
Primary

Infrastructure for mining Bitcoin with clean energy sources.

Product name locked
Category locked
Locked

Tools to educate on Bitcoin's social and financial benefits.

People of CleanSpark

Headcount 10-50
Employee Profiles 34
Board Members and Advisors 4
Employee Profiles
People
John Wong
Construction Project Manager
People
Matt Mateer
Logistics and Inventory Manager
People
Brian Carson
Chief Accounting Officer (cao)
People
Mark Pasterski
Director Of Continuous Improvment

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Board Members and Advisors
people
S. Matthew Schultz
Chairman

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Funding Insights of CleanSpark

CleanSpark has successfully raised a total of $2.85M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $1.15 billion completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in CleanSpark

CleanSpark has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include State of California, Trinity Cap and STRATEAN INC.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture debt and equipment financing are provided to growth-stage companies.
Locked Locked Locked
Access to government programs and development services is provided.
Locked Locked Locked
-
Locked Locked Locked
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Investor details for CleanSpark

Investor domains, locations, round participation, and complete history require an active premium plan.

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  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by CleanSpark

CleanSpark has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include ATL Data Centers, GridFabric and Griid.

Investments
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Investment portfolio details for CleanSpark

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
OpenADR solutions for utilities' peak load shifting are provided.
Locked Locked 2019 Locked
Bitcoin mining facilities are operated with low-cost, low-carbon energy.
Locked Locked 2019 Locked
Blockchain mining consulting services are provided to clients.
Locked Locked 2014 Locked
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Complete acquisition details for CleanSpark

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - CleanSpark

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Detailed financials for CleanSpark

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  • Profit trends
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Cleanspark Comparisons

CleanSpark Primary company
Description
Microgrid optimizer software solutions are provided for ener...
Location
San Diego, United States
Founded Year
2008
Annual Revenue
$378.97 M (USD)
Net Profit
-$145.78 M (USD)
EBITDA
$95.37 M (USD)
Employees
270
As of 2024
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Peer comparison for CleanSpark

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Competitors of CleanSpark

CleanSpark operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xendee, Go Electric, QPV, Frequenz and Brightmerge, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Smart grid project design software is provided for engineers.
Locked Locked Locked
Microgrid management systems and uninterruptible power solutions are developed.
Locked Locked Locked
Solar energy consultancy and engineering services are provided.
Locked Locked Locked
Grid management solutions are delivered via an AI-based platform.
Locked Locked Locked
Offering a SaaS platform for economic optimizing of renewable energy microgrids
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Detailed competitors of CleanSpark

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  • Domains and locations
  • Full company profiles
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Latest news on Cleanspark

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Complete news archive for CleanSpark

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about CleanSpark

CleanSpark was founded in 2008 and raised its 1st funding round 6 years after it was founded.

CleanSpark is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Matthew Schultz is the current CEO of CleanSpark.

CleanSpark is a funded company, having raised a total of $2.85M across 5 funding rounds to date.

As of Sep 30, 2024, the latest employee count at CleanSpark is 270.

Annual revenue of CleanSpark is $378.97M as on Sep 30, 2024.

CleanSpark was founded in 2008 and is headquartered in San Diego, United States. Operations focus on the energy software sector, where microgrid optimization tools are developed. Key offerings include mVSO for energy security, sustainability, and revenue generation, alongside big data analysis for utilities. Additional products such as mPulse for integrating multiple energy sources and Switchgear for various operating modes are also provided.

CleanSpark's top competitors include Xendee, HOMER Energy and QPV.

CleanSpark offers Bitcoin Mining Services and Educational Resources.

Yes, CleanSpark is publicly traded on NASDAQ under the ticker symbol CLSK.

CleanSpark has made 8 acquisitions, including ATL Data Centers, GridFabric, and Griid.

CleanSpark has 3 investors. Key investors include State of California, Trinity Cap, and STRATEAN INC.

The ticker symbol of CleanSpark is CLSK on NASDAQ.

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