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.

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What is Cerebras's IPO price?

The IPO price for Cerebras will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Cerebras?

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.

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Can you sell Cerebras shares pre-IPO?

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Is Cerebras a publicly traded company?

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.

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What is Cerebras's funding to date?

Cerebras has raised $720.14MM to date.
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When was Cerebras founded?

Cerebras was founded in 2016.

Who are Cerebras's major investors?

Altimeter Capital
Foundation Capital
Benchmark
Coatue Management
Vy Capital
Eclipse Ventures
Scale-Up Venture Capital
Snow Fox Partners
Open Field Capital
A&E Investments
Fabrica Ventures

Cerebras Funding Rounds and Last Known Valuation

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
Based on primary financings
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Updated on: Apr 23, 2024

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