Fireworks AI funding rounds & valuation history
Fireworks AI, the Redwood City inference cloud that serves, fine-tunes and optimises open-source AI models for developers and enterprises. Funding from the Series B (Jul 2024) to the Series D (Jul 2026), sourced to Fireworks AI, CNBC and Tech Funding News.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
Closed round |
Series DWith Evantic Capital, Lightspeed, NVIDIA, 20VC, Bessemer, Menlo Ventures and others. |
$1.505B |
Atreides ManagementWith: Index Ventures, TCV |
$17.5BStated by Fireworks AI4.38× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series C |
$250M |
Lightspeed Venture PartnersWith: Index Ventures, Evantic Capital |
$4BStated by Fireworks AI7.25× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series B |
$52M |
Sequoia Capital |
$552MStated by Fireworks AI |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.
Sources: Fireworks AI, CNBC, Tech Funding News. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 11 Jul 2024 · Closed
Series B: $52M at $552M led by Sequoia Capital.
- 28 Oct 2025 · Closed
Series C: $250M at $4B led by Lightspeed Venture Partners.
- 15 Jul 2026 · Closed
Series D: $1.505B at $17.5B led by Atreides Management.
Cite this dataset
Free to quote with a link back. Copy this citation:
Fireworks AI Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 14 Nov 2026. https://growthnavigatefunding.net/funding/fireworks-ai/
Download the data
The same 3 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
fireworks-ai-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/fireworks-ai-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_usd_low,amount_usd_high,lead_or_buyer,co_leads,valuation_usd_low,valuation_usd_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_usd_low,price_per_share_usd_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A primary round announced by the company or confirmed in the press, bringing new money to the company.
Valuation ÷ run-rate
Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.
What is not a separate row
The 2022 Series A, and the early-stage October 2026 talks reported by Business Insider (no amount or terms).
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled (AI-50 batch, not yet published).
Sources
- Fireworks AI: Announcing our Series D and $1B ARR, 15 Jul 2026
- CNBC: Nvidia-backed Fireworks hits $17.5 billion valuation as companies pursue cheaper AI models, 16 Jul 2026
- Fireworks AI: Fireworks AI Raises $250M Series C to Lead the AI Inference Market, 28 Oct 2025
- Fireworks AI: Fireworks raises $52M Series B to lead industry shift to compound AI systems, 11 Jul 2024
- Tech Funding News: NVIDIA, Sequoia invest in GenAI startup Fireworks AI's $52M round, 12 Jul 2024