CoreWeave Stock

coreweave.comEnterprise Software / Data IntelligenceFounded: 2017Funding to Date: $2.88B

CoreWeave is a cloud infrastructure company which offers high-performance GPU-based solutions to enterprises and developers. CoreWeave’s platform provides scalable cloud computing resources optimized for AI, machine learning, rendering, and other compute-intensive tasks. The company seeks to deliver faster and more cost-efficient computing power, aiming to help businesses improve performance and manage workloads effectively. This company was founded by Michael Intrator, Brian Venturo, and Brannin McBee in 2017 and is headquartered in New York, NY.

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CoreWeave Stock Price

Forge Price 1
Price no longer available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

CoreWeave Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
11/13/2024 Secondary Transaction $650MM $xx.xx $23B Blackrock, Cisco, Coatue, Fidelity, Jane Street Capital, Macquarie Capital, Magnetar, Neuberger Berman, Pure Storage
Price per Share
$xx.xx
Shares Outstanding
--
Liquidation Pref Order
--
Liquidation Pref As Multiplier
--
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blackrock, Cisco, Coatue, Fidelity, Jane Street Capital, Macquarie Capital, Magnetar, Neuberger Berman, Pure Storage
05/30/2024 Series C $1.15B $xx.xx $19B Altimeter Capital, Coatue, Fidelity, Lykos Global Management, Magnetar
Price per Share
$xx.xx
Shares Outstanding
1,476,156
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
10.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Altimeter Capital, Coatue, Fidelity, Lykos Global Management, Magnetar
05/31/2023 Series B-1 $5.01MM $xx.xx $2.4B Daniel Gross, Magnetar Capital, Nat Friendman, Nvidia
Price per Share
$xx.xx
Shares Outstanding
624,227
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Daniel Gross, Magnetar Capital, Nat Friendman, Nvidia
05/31/2023 Series B $421MM $xx.xx $2.4B Daniel Gross, Magnetar Capital, Nat Friendman, Nvidia
Price per Share
$xx.xx
Shares Outstanding
3,774,782
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Daniel Gross, Magnetar Capital, Nat Friendman, Nvidia
09/25/2019 Series A $2.82MM $xx.xx $32.74MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
1,209,134
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
02/25/2019 Series Seed $3MM $xx.xx $20MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
3,000,000
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors

CoreWeave Investors Also Invested in These Private Companies

Jane Street Capital
Lykos Global Management
Jp Morgan Asset Management
Nat Friendman
Ironarc Ventures
Investment Management Corporation of Ontario
Zoom Ventures
Claridge Venture Partners
Other People's Capital
Pure Storage
Assured Asset Management

Leadership & Board

Leadership

Evan Meagher JD
Chief Financial Officer
Brannin McBee
Co-Founder & Chief Strategy Officer
Brian Venturo
Co-Founder & Chief Technology Officer
Michael Intrator
Co-Founder, President & Chief Executive Officer

CoreWeave stock FAQs

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Can you buy CoreWeave stock?

As CoreWeave is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like CoreWeave, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy CoreWeave stock?

To invest in a private company like CoreWeave through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell CoreWeave stock?

Yes, you may sell the CoreWeave stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell CoreWeave stock?

If you hold private company shares of CoreWeave – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your CoreWeave on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is CoreWeave a public company?

No, CoreWeave is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is CoreWeave’s stock price?

CoreWeave is a privately held company and therefore does not have a public stock price. However, you may access CoreWeave private market stock price with Forge Data.
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What is CoreWeave’s stock ticker symbol?

CoreWeave does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

CoreWeave’s News and Media Highlights

AI cloud platform operator CoreWeave said on Wednesday it closed a $650 million secondary share sale to investors, a deal that a source familiar with the matter said more than tripled the company's valuation over the past year to $23 billion. The investors were led by Jane Street, Magnetar, Fidelity Management and Macquarie Capital, and the higher valuation illustrated growing interest in the business of cloud infrastructure for generative artificial intelligence.
CoreWeave, a startup that powers AI tools by providing GPU resources, completed a minority stake sale to investors. The sale was led by investment firm Fidelity Management & Research Co. Several investment firms were among the participants in the deal including Investment Management Corp., Goanna Capital, and JPMorgan Asset Management. Bloomberg said the value of the company sits at $7 billion following the sale. CoreWeave CEO Michael Intrator said the company offers “the most differentiated” AI infrastructure to customers.
The building belongs to Equinix, a firm which leases data-centre space. The equipment inside belongs to corporate customers that are increasingly using it to run their artificial-intelligence (ai) systems. The ai gold rush, spurred by the astounding sophistication of “generative” models such as Chatgpt, a hit virtual conversationalist, promises rich profits for those who harness the technology’s potential. As in the early days of any gold rush, though, it is already minting fortunes for the sellers of the requisite picks and shovels.
CoreWeave (“the company”), a specialized cloud provider built for large-scale GPU-accelerated workloads, today announced an additional $200 million in funding from Magnetar Capital (“Magnetar”), a leading alternative asset manager. The funding extension comes just one month after the company announced $221 million in Series B funding, also led by Magnetar, bringing the total for the round to $421 million.
Updated on: Nov 22, 2024

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