Fireworks AI

A cloud platform where companies serve, fine-tune and deploy generative AI models, mainly open-source text, image and multimodal models. Customers adapt models to their own data and run them in production through APIs and dedicated deployments.

VP50 · #16Artificial intelligenceAI inference and model customization platformSan Mateo, United States
FoundersSince 2022
Valuation
$18B
Total raised
$1.8B
Last round · Jul 2026
Series D
Founded
2022
Employees
200
Quarters in VP50
2

Valuation

$100M$1B$10B20252026$18B
Fireworks AI priced rounds
RoundDatePost-money valuationRaisedLed by
Series BJul 11, 2024$552M$52MSequoia Capital
Series COct 28, 2025$4.0B$250MEvantic, Index Ventures, and Lightspeed Venture Partners
Series DJul 16, 2026$18B$1.5BAtreides Management, Index Ventures, and TCV
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: no place
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: no place
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: #50
  13. Q4 2026: #16

Place by quarter since Q4 2023. Best place #16.

Funding rounds

DateRound · leadRaisedValuation
Jul 16, 2026Series D · Atreides Management, Index Ventures, TCV$1.5B$18B
Oct 28, 2025Series C · Evantic, Index Ventures, Lightspeed Venture Partners$250M$4.0B
Jul 11, 2024Series B · Sequoia Capital$52M$552M
Mar 26, 2024Series A · Benchmark$25M—

Signals

Team

Fireworks AI | Venture Place