Vultr, the largest privately-held cloud infrastructure provider, has secured $329 million in credit financing to fuel its global expansion. This funding, comprising a $255 million syndicated credit facility and $74 million in lease financing, will enhance Vultr’s AI and cloud computing capabilities, reinforcing its position as a leading independent cloud provider.
Vultr secures $329M in credit financing for global expansion.
Includes $255M syndicated credit and $74M lease financing.
Led by J.P. Morgan, Bank of America, and Wells Fargo.
Funds to expand AI and cloud infrastructure across 32 regions.
Supports enterprises, AI innovators, and compliance-driven organizations.
Follows $3.5B valuation equity financing in December 2024.
Vultr’s $255 million syndicated credit facility, led by J.P. Morgan, Bank of America, and Wells Fargo, with participation from Citi, Goldman Sachs, and KeyBank, includes a $35 million uncommitted accordion. Additionally, $74 million in lease financing, led by Bank of America, supports capital expenditure needs. This financial milestone will drive Vultr’s expansion of its 32 cloud data center regions across six continents, catering to a rapidly growing customer base.
Founded in 2014, Vultr has been self-funded for over a decade, delivering industry-leading scalability, compliance, and price-to-performance. The new funds will accelerate the development of AI-native applications and enhance Vultr’s full-stack AI infrastructure and cloud computing platform. This positions Vultr as a competitive alternative to hyperscalers, serving enterprises, governments, and compliance-driven organizations with transparent, high-quality solutions.
“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.” Similarly, Theresa Provencher, Managing Director, Syndications in Global Leasing, Bank of America, noted, “This financing solution will further support Vultr’s growth objectives and those of their clients.”
“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 substantial financial backing, Vultr is poised to strengthen its global footprint and drive innovation in AI and cloud computing. The company’s commitment to scalability and performance ensures it remains a trusted partner for organizations navigating the complexities of modern digital infrastructure.
Vultr is on a mission to make high-performance cloud infrastructure easy to use, affordable, and locally accessible for enterprises and AI innovators around the world. Vultr is trusted by hundreds of thousands of active customers across 185 countries for its flexible, scalable, global Cloud Compute, Cloud GPU, Bare Metal, and Cloud Storage solutions. Founded by David Aninowsky and self-funded for over a decade, Vultr has grown to become the world’s largest privately-held cloud infrastructure company.
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