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Fireworks AI Funding Rounds & Valuation History (2024–2026)

Private Valuation & Funding Round Tracker · Fireworks AI

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.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 3 Currency: US$, nominal
Last closed round Closed
$17.5B
$1.505B Series D, Jul 2026
Raised in rounds listed
$1.807B
Sum of 3 closed rounds with a disclosed amount (GNF calc.)
Largest round
$1.505B
Series D, Jul 2026
Closed rounds listed
3
Jul 2024 to Jul 2026

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.

Showing 3 of 3 rows
Fireworks AI funding rounds, Jul 2024 to Jul 2026
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
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
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

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.

  1. 11 Jul 2024 · Closed

    Series B: $52M at $552M led by Sequoia Capital.

  2. 28 Oct 2025 · Closed

    Series C: $250M at $4B led by Lightspeed Venture Partners.

  3. 15 Jul 2026 · Closed

    Series D: $1.505B at $17.5B led by Atreides Management.

Still private: Fireworks AI has not filed for an IPO and has not been acquired. Business Insider reported in October 2026 that it was in early talks to raise again at a valuation between $30 billion and $40 billion (not shown as a round).

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)
⬇ Download CSV

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

  1. Fireworks AI: Announcing our Series D and $1B ARR, 15 Jul 2026
  2. CNBC: Nvidia-backed Fireworks hits $17.5 billion valuation as companies pursue cheaper AI models, 16 Jul 2026
  3. Fireworks AI: Fireworks AI Raises $250M Series C to Lead the AI Inference Market, 28 Oct 2025
  4. Fireworks AI: Fireworks raises $52M Series B to lead industry shift to compound AI systems, 11 Jul 2024
  5. Tech Funding News: NVIDIA, Sequoia invest in GenAI startup Fireworks AI's $52M round, 12 Jul 2024