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
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Cleanspark, Inc.
-
Annual Revenue
$378.97 M125.03as on Sep 30, 2024
-
Net Profit
$-145.78 M-5.52as on Sep 30, 2024
-
EBITDA
$95.37 M3796.51as 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
State of California
& 2 more
-
Employee Count
270
as on Sep 30, 2024
-
Investments & Acquisitions
ATL Data Centers
& 7 more
-
Acquired by
STRATEAN INC
(Jul 11, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
Products & Services of CleanSpark
CleanSpark offers a comprehensive portfolio of products and services, including Bitcoin Mining Services and Educational Resources. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Infrastructure for mining Bitcoin with clean energy sources.
Tools to educate on Bitcoin's social and financial benefits.
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $1.1B
-
First Round
First Round
(11 Aug 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Post-IPO - CleanSpark | Valuation |
investors |
|
| Apr, 2022 | Amount | Post-IPO - CleanSpark | Valuation |
investors |
|
| Jul, 2020 | Amount | Grant - CleanSpark | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture debt and equipment financing are provided to growth-stage companies.
|
Founded Year | Domain | Location | |
|
Access to government programs and development services is provided.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OpenADR solutions for utilities' peak load shifting are provided.
|
2019 | ||||
|
Bitcoin mining facilities are operated with low-cost, low-carbon energy.
|
2019 | ||||
|
Blockchain mining consulting services are provided to clients.
|
2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - CleanSpark
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cleanspark Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Smart grid project design software is provided for engineers.
|
|
| domain | founded_year | HQ Location |
Microgrid management systems and uninterruptible power solutions are developed.
|
|
| domain | founded_year | HQ Location |
Solar energy consultancy and engineering services are provided.
|
|
| domain | founded_year | HQ Location |
Grid management solutions are delivered via an AI-based platform.
|
|
| domain | founded_year | HQ Location |
Offering a SaaS platform for economic optimizing of renewable energy microgrids
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Cleanspark
Frequently Asked Questions about CleanSpark
When was CleanSpark founded?
CleanSpark was founded in 2008 and raised its 1st funding round 6 years after it was founded.
Where is CleanSpark located?
CleanSpark is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Who is the current CEO of CleanSpark?
Matthew Schultz is the current CEO of CleanSpark.
Is CleanSpark a funded company?
CleanSpark is a funded company, having raised a total of $2.85M across 5 funding rounds to date.
How many employees does CleanSpark have?
As of Sep 30, 2024, the latest employee count at CleanSpark is 270.
What is the annual revenue of CleanSpark?
Annual revenue of CleanSpark is $378.97M as on Sep 30, 2024.
What does CleanSpark do?
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.
Who are the top competitors of CleanSpark?
CleanSpark's top competitors include Xendee, HOMER Energy and QPV.
What products or services does CleanSpark offer?
CleanSpark offers Bitcoin Mining Services and Educational Resources.
Is CleanSpark publicly traded?
Yes, CleanSpark is publicly traded on NASDAQ under the ticker symbol CLSK.
How many acquisitions has CleanSpark made?
CleanSpark has made 8 acquisitions, including ATL Data Centers, GridFabric, and Griid.
Who are CleanSpark's investors?
CleanSpark has 3 investors. Key investors include State of California, Trinity Cap, and STRATEAN INC.
What is CleanSpark's ticker symbol?
The ticker symbol of CleanSpark is CLSK on NASDAQ.