About Compute North
Compute North is a company based in Eden Prairie (United States) founded in 2017 by Dave Perrill. Compute North has raised $110.1 million across 7 funding rounds from investors including Mercuria, Marathon Digital Holdings and Generate Capital. The company has 47 employees as of December 31, 2022. Compute North operates in a competitive market with competitors including Core Scientific, Bitdeer, ViaBTC, Bitfarms and Genesis Digital Assets, among others.
- Headquarter Eden Prairie, United States
- Employees 47 as on 31 Dec, 2022
- Founders Dave Perrill
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Sectors
TechnologyFinancial Services
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Email
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Phone
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Website
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Social
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- Legal Name Compute North, Llc
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$110.1 M (USD)
in 7 rounds
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Latest Funding Round
$21.3 M (USD), Debt – Conventional
Oct 07, 2022
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Investors
Mercuria
& 4 more
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Employee Count
47
as on Dec 31, 2022
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People of Compute North
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Leadership Team
1 people
Software Development Team
1 people
Human Resources and Administration
1 people
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Funding Insights of Compute North
Compute North has successfully raised a total of $110.1M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $21.3 million completed in October 2022. 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 Compute North
Compute North has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Mercuria, Marathon Digital Holdings and Generate Capital.
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Renewable energy infrastructure investments are managed by Generate Capital.
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Venture capital investments are directed toward technology companies.
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Alternative investments in private credit, equity, and real estate are managed by Post Road Group.
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Investor details for Compute North
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Investments & Acquisitions by Compute North
Investment portfolio details for Compute North
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Financial Statements - Compute North
Detailed financials for Compute North
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Compute North Comparisons
Peer comparison for Compute North
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Competitors of Compute North
Compute North 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 Core Scientific, Bitdeer, ViaBTC, Bitfarms and Genesis Digital Assets, among others.
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AI and blockchain infrastructure plus software solutions are offered.
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Developer of pool mining solutions for cryptocurrency
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Online Bitcoin mining pool and monitoring services are provided.
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Cryptocurrency cloud mining solutions are provided via blockchain infrastructure.
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Profitable bitcoin mining operation services are provided globally.
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Online cryptocurrency pool mining platform is operated for users.
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Detailed competitors of Compute North
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Latest news on Compute North
Complete news archive for Compute North
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Frequently Asked Questions about Compute North
Compute North was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Compute North is headquartered in Eden Prairie, United States. It is registered at Eden Prairie, Minnesota, United States.
Dave Perrill is the current CEO of Compute North. They have also founded this company.
Compute North is a funded company, having raised a total of $110.1M across 7 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Compute North is 47.
Compute North was founded in 2017 and is headquartered in Eden Prairie, United States. Operations focus on the cryptocurrency mining sector, where infrastructure powered by renewable energy is offered. Colocation services are provided, encompassing power, space, cooling, internet connectivity, physical racks, and security. Support is extended to mining of Bitcoin, Ethereum, Dash, Litecoin, Monero, and ZCash.
Compute North's top competitors include Bitdeer, ViaBTC and Core Scientific.
Compute North has 5 investors. Key investors include Mercuria, Marathon Digital Holdings, Generate Capital, National Grid Partners, and Post Road Group.