Vultr, the world’s largest privately-held cloud infrastructure provider, Vultr secures $329 million in credit financing to accelerate its global expansion in AI and cloud computing. The package includes a $255 million syndicated credit facility—featuring a $35 million uncommitted accordion—alongside $74 million in lease financing.
J.P. Morgan, Bank of America, and Wells Fargo led the syndicated facility, with additional support from Citi, Goldman Sachs, and KeyBank. Vultr plans to use the capital to scale its global AI infrastructure, strengthen its presence in cloud computing, and continue delivering robust performance to its fast-growing customer base.
“This financing supports Vultr’s mission to lead the independent cloud market,” said Lorenzo Colonna di Paliano of J.P. Morgan. “Their innovation and growth trajectory make them a standout in the industry.”
The $74 million capital expenditure financing, led by Bank of America, adds further momentum to Vultr’s expansion plans. “It aligns with Vultr’s long-term vision and will directly benefit their clients,” noted Theresa Provencher, Managing Director at Bank of America.
This announcement follows Vultr’s first-ever equity financing round in December 2024, led by LuminArx Capital Management and AMD Ventures. Founded by David Aninowsky in 2014 and self-funded until recently, Vultr now operates across 32 cloud data centers on six continents. It offers scalable, compliant, and high-performance AI infrastructure with a strong commitment to transparency and independence.
“This milestone financing demonstrates strong institutional confidence in Vultr’s financial strength and strategic vision,” said J.J. Kardwell, Vultr CEO. “It positions us to continue serving enterprises, AI innovators, and governments as a trusted alternative to hyperscalers.”
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News Source: Businesswire.com
