/Companies

QumulusAI

NASDAQ: QMLS

Atlanta, US · Founded 2022 · Georgia corporation · 43 employees on LinkedIn · 1 known investors

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QumulusAI provides GPU and bare metal cluster infrastructure for enterprise AI workloads, offering shared, dedicated, and fully isolated compute resources with transparent pricing and control. The company serves enterprise AI teams deploying large language models, fine-tuning, and inference at scale across finance, healthcare, biotech, and logistics industries.

Founders & leadership

SKScott Krosnowski
Scott KrosnowskiChief Financial Officer
MMMike Maniscalco
Mike ManiscalcoChief Executive OfficerMike Maniscalco is Chief Executive Officer of QumulusAI, an AI infrastructure provider offering GPU and bare metal clusters for enterprise workloads. Previously, he served as Chief Technology Officer at Applied Digital Corporation (Nasdaq: APLD), where he led data center and AI supercomputing initiatives, and founded multiple technology companies in chronic disease management, IoT systems, and smart home solutions.

Board

DRDavid Rench
David RenchIndependent Board MemberChief Financial Officer at Applied Digital
BS
Barry SchwartzBoard director
PG
Patrick GahanBoard director
HA
Homaira AkbariBoard director
MM
Michael MulicaBoard director
SK
Stacy KensworthyBoard director

Investors · 1

ATW PartnersreportedNew York

How we know: offering press articles · Not right? Tell us

Funding

SEC filings, press & company announcements

$530M disclosed across 3 rounds · 2026

▶$15MraisedJun 2026 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Barry SchwartzDirector
  • Patrick GahanDirector
  • Stacy KensworthyDirector
  • Michael MulicaDirector
  • David RenchDirector
  • Michael ManiscalcoExecutive Officer, Director
  • Scott KrosnowskiExecutive Officer
  • Homaira AkbariDirector
Offering amount
$45M
Amount sold
$15M
Minimum investment
$15M
Sales commissions
$288K
Placement agents
Chardan Capital Markets LLC
First sale
Mar 2026
Incorporated
Corporation, Georgia, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15MraisedJun 2026 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • David RenchDirector
  • Barry SchwartzDirector
  • Patrick GahanDirector
  • Michael ManiscalcoExecutive Officer, Director
  • Scott KrosnowskiExecutive Officer
  • Homaira AkbariDirector
  • Michael MulicaDirector
  • Stacy KensworthyDirector
Offering amount
$45M
Amount sold
$15M
Minimum investment
$15M
Sales commissions
$288K
Placement agents
Chardan Capital Markets LLC
First sale
Jun 2026
Incorporated
Corporation, Georgia, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through QumulusAI went on to found or lead other companies.

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Companies working in the same space as QumulusAI.

In the news

Frequently asked questions

What does QumulusAI do?
QumulusAI provides GPU and bare metal cluster infrastructure for enterprise AI workloads, offering shared, dedicated, and fully isolated compute resources with transparent pricing and control. The company serves enterprise AI teams deploying large language models, fine-tuning, and inference at scale across finance, healthcare, biotech, and logistics industries.
Who are QumulusAI's investors?
QumulusAI's investors include ATW Partners.
How much funding has QumulusAI raised?
QumulusAI has disclosed $530M raised across 3 rounds.
Where is QumulusAI headquartered?
QumulusAI is headquartered in Atlanta, US.