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Cerebras Systems was founded in 2016 by Andrew Feldman, Gary Lauterbach, Jean-Philippe Fricker, Michael James, and Sean Lie. In July 2023, Reuters reported, “Cerebras Systems on Thursday said that it has signed an approximately $100 million deal to deliver the first of what could be up to nine artificial intelligence (AI) supercomputers in a partnership with United Arab Emirates-based technology group G42.” While the company is advancing its technology, Cerebras Systems has not officially endorsed plans to participate in an IPO.
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.
Cerebras is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Cerebras pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Cerebras is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
| Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
|---|---|---|---|---|
| 11/10/2021 | Series F | $250MM raised | $XXX.XX | $XXX.XX |
| 11/25/2019 | Series E | $273.35MM raised | $XXX.XX | $XXX.XX |
| 11/14/2018 | Series D | $79.82MM raised | $XXX.XX | $XXX.XX |
| 8/31/2017 | Series C | $65MM raised | $XXX.XX | $XXX.XX |
| 12/19/2016 | Series B | $25MM raised | $XXX.XX | $XXX.XX |
| 5/5/2016 | Series A | $26.97MM raised | $XXX.XX | $XXX.XX |
