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Fireworks AI

FA
AIRedwood CityFounded 2022Website
#46 by valuationHype58

Fireworks AI builds an AI platform for running and customizing large language models. It offers hosted model APIs, serverless and batch inference, and fine-tuning for open and proprietary models. The service targets developers and teams building generative AI applications and aims to reduce latency and infrastructure overhead.

Founded by Lin Qiao (Co-founder, CEO), Dmytro Dzhulgakov (Co-founder, CTO), Pawel Garbacki (Co-founder), Benny Chen (Co-founder (early product architect)), Chenyu Zhao (Co-founder), James Reed (Co-founder), Dmytro Ivchenko (Co-founder)

Blended valuation$16.4B$14.6B secondary
Valuation history
Weekly blended valuation with priced funding rounds marked on the timeline.
$20.3B
blended valuationfunding round
Jul 1, 2024$0Oct 5, 2026
All rounds
4 funding rounds, newest first.
RoundAnnouncedRaisedPost-money
Series DJul 15, 2026$1.5B$17.5B
Series COct 28, 2025$230M$4B
Series BJul 7, 2024$52M$552M
Series AMar 26, 2024$25M$126.5M
Investors
29 investors across all rounds.
  • SC
    Sequoia Capital
  • BE
    Benchmark
  • AM
    Atreides Management
  • IV
    Index Ventures
  • LV
    Lightspeed Venture Partners
  • TC
    TCV
  • DV
    Databricks Ventures
  • FS
    Frank Slootman
  • NV
    NVIDIA
  • AV
    Artisanal Ventures
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Secondary market activity
Recent buy and sell interest for Fireworks AI shares on the secondary market.
KindImplied valuationPrice / shareDate
Quote$20.5B—Oct 6, 2026
Bid$8.5B$30.00Sep 23, 2026
Bid$8.5B$30.00Sep 22, 2026
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Data as of Oct 15, 2026. Valuations are estimates blended from primary and secondary-market signals — not investment advice.