Vultr secures $329M in credit financing to boost global AI & cloud infrastructure expansion, reinforcing its position as a top independent cloud provider.
Vultr, the world’s largest privately-held cloud infrastructure provider, has announced the successful closing of a $255 million syndicated credit facility, which includes a $35 million uncommitted accordion feature. This latest financing comes in addition to $74 million in recently closed lease financing, bringing the total to $329 million in new credit resources. The syndicated credit facility was led by J.P. Morgan, Bank of America, and Wells Fargo, with additional participation from Citi, Goldman Sachs, and KeyBank.
The newly secured capital will support Vultr’s ambitious plans to scale its global AI and cloud computing infrastructure, serving a rapidly expanding customer base and reinforcing its position as a leading independent cloud provider.
“J.P. Morgan is thrilled to support Vultr’s continued growth and success,” said Lorenzo Colonna di Paliano, Innovation Economy Market Executive, J.P. Morgan Commercial Banking. “Throughout our longstanding relationship, Vultr has shown time and again their ability to innovate and scale in a dynamic sector. We’re proud to contribute to their journey and help Vultr achieve new heights in the cloud computing industry.”
As part of the broader financial arrangement, Vultr also secured $74 million in capital expenditure financing, led and syndicated by Bank of America. “This financing solution will further support Vultr’s growth objectives and those of their clients,” said Theresa Provencher, Managing Director, Syndications in Global Leasing, Bank of America.
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This announcement follows Vultr’s December 2024 equity financing, its first since inception, which was led by LuminArx Capital Management and AMD Ventures. Founded in 2014 by David Aninowsky, Vultr has been entirely self-funded for over a decade. The company delivers high-performance cloud computing and AI infrastructure solutions with unmatched scalability, compliance, and price-to-performance value. Vultr is also distinguished as the only globally-available, profitable, full-stack AI infrastructure and cloud platform, operating 32 cloud data center regions across six continents.
“This milestone credit facility from some of the world’s most respected financial institutions is a strong validation of Vultr’s financial strength, operational discipline, and long-term vision,” said J.J. Kardwell, CEO of Vultr. “Building on our recent $3.5 billion valuation equity financing, this credit facility further accelerates our global expansion. For enterprises, AI innovators, governments, and compliance-driven organizations, Vultr provides an independent, transparent, and institutional-quality alternative to the hyperscalers.”
With this new infusion of capital, Vultr is set to further empower the next generation of AI-native applications and enterprise workloads, continuing to challenge the status quo in the cloud infrastructure landscape.
