Applied Digital
NASDAQ: APLDDallas, US · Nevada corporation
Applied Digital builds and operates large-scale data centers purpose-built for AI, machine learning, and high-performance computing workloads. The company designs campuses with high-density, low-latency infrastructure to support next-generation artificial intelligence applications.
Founders & leadership
Board
RL
Rachel LeeBoard director
DM
Douglas MillerBoard director
CH
Chuck HastingsBoard director
RN
Richard NottenburgBoard director
EB
Ella BensonBoard director
KM
Kelli McDonaldBoard director
VM
Virginia MooreBoard director
JZ
Jason ZhangBoard director
Reported raises · per SEC filings
Form D private placements$209M disclosed across 3 of 4 rounds · 2021–2026
▶$160MraisedSep 2024 · 13 investors · OtherRule 506(b)
▶$160MraisedSep 2024 · 13 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Kate ReedExecutive Officer, Director
- Wes CumminsExecutive Officer, Director
- Rachel LeeDirector
- Douglas MillerDirector
- Chuck HastingsDirector
- Richard NottenburgDirector
- Ella BensonDirector
- Offering amount
- $160M
- Amount sold
- $160M
- Placement agents
- Goldman Sachs & Co. LLC
- First sale
- Sep 2024
- Incorporated
- Corporation, Nevada
- Federal exemptions
- 06b
▶$32.5MraisedAug 2021 · 88 investors · OtherRule 506(b)
▶$32.5MraisedAug 2021 · 88 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Jason ZhangDirector
- Douglas MillerDirector
- Regina IngelExecutive Officer, Director
- Virginia MooreDirector
- David RenchExecutive Officer
- Chuck HastingsDirector
- Wesley CumminsExecutive Officer, Director
- Richard NottenburgDirector
- Kelli McDonaldDirector
- Offering amount
- $34.5M
- Amount sold
- $32.5M
- Sales commissions
- $2.3M
- Placement agents
- B. Riley Securities, Inc.
- First sale
- Jul 2021
- Incorporated
- Corporation, Nevada
- Federal exemptions
- 06b
▶$16.5MraisedApr 2021 · 49 investors · OtherRule 506(b)
▶$16.5MraisedApr 2021 · 49 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Chuck HastingsDirector
- Wesley CumminsExecutive Officer, Director
- Kelli McDonaldDirector
- Douglas MillerDirector
- Virginia MooreDirector
- Jason ZhangDirector
- David RenchExecutive Officer
- Offering amount
- $16.5M
- Amount sold
- $16.5M
- Sales commissions
- $1.2M
- Placement agents
- B. Riley Securities, Inc.
- First sale
- Apr 2021
- Incorporated
- Corporation, Nevada
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 5
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TipRanks147 shared keywordsFinancial analysis and stock research platform.
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Simply Wall St129 shared keywordsSimply Wall St is an investment platform that provides financial data visualization and analysis tools for individual investors. The platform serves long-term investors globally by simplifying complex market information into visual and narrative formats to make stock investing more accessible.
Companies competing with Applied Digital for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Applied Digital do?
- Applied Digital builds and operates large-scale data centers purpose-built for AI, machine learning, and high-performance computing workloads. The company designs campuses with high-density, low-latency infrastructure to support next-generation artificial intelligence applications.
- How much funding has Applied Digital raised?
- Applied Digital has disclosed $209M raised across 3 of its 4 known rounds.
- Where is Applied Digital headquartered?
- Applied Digital is headquartered in Dallas, US.



