Cerebras Systems was founded in 2016 by Andrew Feldman, Gary Lauterbach, Jean-Philippe Fricker, Michael James, and Sean Lie. Cerebras has confidentially filed for an IPO estimated to occur in H2 2024.

Cerbras Systems is a machine-learning manufacturer that offers a custom software suite for workload scalability. Per Forge data, Cerebras Systems has raised a total of $715 million in funding over 6 rounds. The company’s latest funding was raised on Nov 10, 2021, from a Series F round. Key investors include Alpha Wave Ventures, Eclipse Ventures, Foundation Capital, and Benchmark.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Can you invest in Cerebras pre-IPO?

Cerebras is a privately held company and is not publicly traded, therefore investing in Cerebras pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Cerebras before it goes public?

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To learn more about Cerebras potential IPO

Will Cerebras go IPO?

Cerebras has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Cerebras’ IPO price?

The Cerebras IPO price does not exist at this time, as Cerebras is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Cerebras register for Forge Markets, today.

When was Cerebras founded?

Cerebras was founded in 2016.

What is Cerebras funding to date?

Cerebras has raised $5.63B to date.

Who are Cerebras’s major investors?

Coatue
Foundation Capital
Snow Fox Partners
Scale-Up Venture Capital
Altimeter Capital
Benchmark Capital
Alpha Wave Ventures
Secquia Capital
Moore Strategic Ventures
Abu Dhabi Growth Fund
Coatue Management
Fabrica Ventures
Open Field Capital
Vy Capital
A&E Investments
Benchmark
Eclipse Ventures
G42
Undisclosed Investors

Cerebras Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
09/15/2024 Series F-1 $85MM $xx.xx $283.82B G42
Price per Share
$xx.xx
Shares Outstanding
5,798,089
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
G42
11/10/2021 Series F $254.38MM $xx.xx $415.88B Abu Dhabi Growth Fund, Alpha Wave Ventures, Altimeter Capital, Benchmark Capital, Coatue Management, Eclipse Ventures, G42, Moore Strategic Ventures, Vy Capital
Price per Share
$xx.xx
Shares Outstanding
9,168,419
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.9x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Abu Dhabi Growth Fund, Alpha Wave Ventures, Altimeter Capital, Benchmark Capital, Coatue Management, Eclipse Ventures, G42, Moore Strategic Ventures, Vy Capital
11/25/2019 Series E $273.35MM $xx.xx $241.78B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
14,916,649
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.3x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
11/14/2018 Series D $79.82MM $xx.xx $170B Altimeter Capital, Benchmark, Coatue, Eclipse Ventures, Foundation Capital, Vy Capital
Price per Share
$xx.xx
Shares Outstanding
4,943,849
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.1x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Altimeter Capital, Benchmark, Coatue, Eclipse Ventures, Foundation Capital, Vy Capital
08/31/2017 Series C $65MM $xx.xx $86.02B Altimeter Capital, Benchmark, Eclipse Ventures, Foundation Capital, Secquia Capital
Price per Share
$xx.xx
Shares Outstanding
7,264,680
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Altimeter Capital, Benchmark, Eclipse Ventures, Foundation Capital, Secquia Capital
12/19/2016 Series B $25MM $xx.xx $24.98B Benchmark, Eclipse Ventures
Price per Share
$xx.xx
Shares Outstanding
9,076,079
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Benchmark, Eclipse Ventures
05/05/2016 Series A $26.97MM $xx.xx $6.74B Benchmark, Foundation Capital, Open Field Capital
Price per Share
$xx.xx
Shares Outstanding
31,731,394
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Benchmark, Foundation Capital, Open Field Capital
Updated on: Nov 23, 2024

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