# Fireworks AI

Cloud platform for open-source large-model optimization and inference

fireworks.ai LLC was founded by members of the team behind open-source AI framework PyTorch. It specializes in optimized versions of open-source large models, primarily releasing optimized models based on LLaMA 2. Fireworks AI accelerates generative AI product innovation through an innovative platform for AI experimentation and production.

Canonical: https://uniquebase.ai/companies/fireworks-ai
Stable identifier: UB-C1968
Snapshot captured: 2026-10-20T18:05:01.520Z
English updated: 2026-10-20T18:21:35.133Z

## Funding

Listed 4 records.
Latest: $1.5B (Series D), 2026-07-15.
Total raised (as reported): ~$250M, as of 2025-10-29.

- 2026-07-15 · $1.5B · Series D · 20VC, Atreides Management, Bessemer Venture Partners, Evantic Capital, Index Ventures, Lightspeed Venture Partners, Menlo Ventures, NVIDIA, TCV · https://fireworks.ai/blog/series-d-announcement
  > On 2026/7/15, Fireworks AI’s website announced an annualized revenue run rate exceeding USD 1 billion and USD 1.505 billion in Series D funding at a USD 17.5 billion valuation. The website headline used ARR, while the body defined the measure as an annualized revenue run rate. (translated source brief)
- 2025-10-29 · $1.43M · Series C · AMD Ventures, Benchmark, Evantic Capital, Index Ventures, Lightspeed Venture Partners, MongoDB, NVIDIA, Sequoia Capital · https://fireworks.ai/blog/series-c
  > On 2025/10/29, Fireworks reported that enterprise AI inference and model deployment platform Fireworks AI had reached USD 280 million in annual revenue, growing approximately 20 times year over year. Before Series C, it had raised approximately USD 250 million in total, with a valuation of approximately USD 4 billion. (translated source brief)
- 2025-10-28 · $254M · Series C · Evantic Capital, Index Ventures, Lightspeed Venture Partners, Sequoia Capital
  > On 2025-10-28, according to Xiniu Data, Fireworks AI completed Series C financing of USD 254 million (translated source brief)
- 2024-07-07 · $52M · Series B · Alexandr Wang, AMD Ventures, Benchmark, Databricks Ventures, Frank Slootman, Howie Liu, MongoDB, NVIDIA, Sequoia Capital, Sheryl Sandberg

## Valuation

Listed 4 records.
Latest: $17.5B (Series D), 2026-07-15.

- 2026-07-15 · $17.5B · Series D · 20VC, Atreides Management, Bessemer Venture Partners, Evantic Capital, Index Ventures, Lightspeed Venture Partners, Menlo Ventures, NVIDIA, TCV · https://fireworks.ai/blog/series-d-announcement
  > On 2026/7/15, Fireworks AI’s website announced an annualized revenue run rate exceeding USD 1 billion and USD 1.505 billion in Series D funding at a USD 17.5 billion valuation. The website headline used ARR, while the body defined the measure as an annualized revenue run rate. (translated source brief)
- 2025-10-29 · $4B · Series C · AMD Ventures, Benchmark, Evantic Capital, Index Ventures, Lightspeed Venture Partners, MongoDB, NVIDIA, Sequoia Capital · https://fireworks.ai/blog/series-c
  > On 2025/10/29, Fireworks reported that enterprise AI inference and model deployment platform Fireworks AI had reached USD 280 million in annual revenue, growing approximately 20 times year over year. Before Series C, it had raised approximately USD 250 million in total, with a valuation of approximately USD 4 billion. (translated source brief)
- 2025-10-28 · amount unavailable · Series C · Evantic Capital, Index Ventures, Lightspeed Venture Partners, Sequoia Capital
  > On 2025-10-28, according to Xiniu Data, Fireworks AI completed Series C financing of USD 254 million (translated source brief)
- 2024-07-07 · amount unavailable · Series B · Alexandr Wang, AMD Ventures, Benchmark, Databricks Ventures, Frank Slootman, Howie Liu, MongoDB, NVIDIA, Sequoia Capital, Sheryl Sandberg

## Revenue

Listed 7 records.
Latest: $1B (ARR), 2026-07-17.

- 2026-07-17 · $1B (ARR) · https://fireworks.ai/blog/series-d-announcement
  > On 2026/7/17, Fireworks AI reported that Fireworks AI disclosed annual recurring revenue (ARR) of USD 1 billion in the AI Infrastructure sector. (translated source brief)
- 2026-07-15 · over $1B (run rate) · Series D · 20VC, Atreides Management, Bessemer Venture Partners, Evantic Capital, Index Ventures, Lightspeed Venture Partners, Menlo Ventures, NVIDIA, TCV · https://fireworks.ai/blog/series-d-announcement
  > On 2026/7/15, Fireworks AI’s website announced an annualized revenue run rate exceeding USD 1 billion and USD 1.505 billion in Series D funding at a USD 17.5 billion valuation. The website headline used ARR, while the body defined the measure as an annualized revenue run rate. (translated source brief)
- 2026-05-27 · over $800M (run rate) · https://x.com/lqiao/status/2059504338545099262
  > On 2026/5/27, X reported that the CEO of US company Fireworks AI said its annualized revenue run rate had exceeded USD 800 million, with first-quarter revenue growing 4 times. (translated source brief)
- 2025-10-29 · $280M · Series C · AMD Ventures, Benchmark, Evantic Capital, Index Ventures, Lightspeed Venture Partners, MongoDB, NVIDIA, Sequoia Capital · https://fireworks.ai/blog/series-c
  > On 2025/10/29, Fireworks reported that enterprise AI inference and model deployment platform Fireworks AI had reached USD 280 million in annual revenue, growing approximately 20 times year over year. Before Series C, it had raised approximately USD 250 million in total, with a valuation of approximately USD 4 billion. (translated source brief)
- 2025-07-29 · $200M (ARR) · https://x.com/mvcinvesting/status/1950000463107027131
  > On 2025/7/29, X reported that US AI inference platform Fireworks AI had reached USD 200 million in annual recurring revenue, growing rapidly from USD 130 million ARR in month 5. (translated source brief)
- 2025-05-18 · $130M (ARR) · https://www.arr.club/fireworks-ai/fireworks-reaches-130m-arr
  > On 2025/5/18, ARR Club reported that Fireworks AI, a US AI inference platform, disclosed annual recurring revenue of USD 130 million. Since reaching USD 6.5 million in ARR in 2024/4, it grew rapidly with enterprise demand for large model inference. (translated source brief)
- 2024-04-27 · $6.5M (ARR) · https://www.arr.club/fireworks-ai/fireworks-reaches-6m-arr
  > On 2024/4/27, ARR Club reported that US AI inference platform Fireworks AI had disclosed USD 6.5 million in annual recurring revenue. It provides low-latency large-model inference for enterprises and was expanding rapidly in generative AI infrastructure. (translated source brief)

## Team

- [Lin Qiao](/people/lin-qiao)

## Products

- [Fireworks AI](/products/fireworks-ai)

## Investors

- [20VC](/institutions/20vc)
- [Alexandr Wang](/institutions/alexandr-wang)
- [AMD Ventures](/institutions/amd-ventures)
- [Atreides Management](/institutions/atreides-management)
- [Benchmark](/institutions/benchmark)
- [Bessemer Venture Partners](/institutions/bessemer-venture-partners)
- [Databricks Ventures](/institutions/databricks-ventures)
- [Evantic Capital](/institutions/evantic-capital)
- [Frank Slootman](/institutions/frank-slootman)
- [Howie Liu](/institutions/howie-liu)
- [Index Ventures](/institutions/index-ventures)
- [Lightspeed Venture Partners](/institutions/lightspeed-venture-partners)
- [Menlo Ventures](/institutions/menlo-ventures)
- [MongoDB](/institutions/mongodb)
- [NVIDIA](/institutions/nvidia)
- [Sequoia Capital](/institutions/sequoia-capital)
- [Sheryl Sandberg](/institutions/sheryl-sandberg)
- [TCV](/institutions/tcv)

## Sources

- No source links are available for this profile.