Fireworks AI is a generative AI company which offers a platform for running, fine-tuning, and deploying AI models to developers and enterprises. Fireworks AI’s platform is designed to optimize the deployment of large language and image models, providing high-performance infrastructure that reduces latency and enhances scalability. The company aims to help organizations leverage AI models for tasks like text generation, image synthesis, and data processing efficiently at scale. This company was founded by Lin Qiao, Dmytro Dzhulgakov, Dmytro Ivchenko, and Chenyu Zhao in 2022 and is headquartered in Redwood City, CA.

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Learn more about Fireworks AI

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Can you invest in Fireworks AI pre-IPO?

Fireworks AI is a privately held company and is not publicly traded, therefore investing in Fireworks AI 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.
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Can you sell shares of Fireworks AI before it goes public?

You can seek to sell your shares in Fireworks AI while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
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What is the pre-IPO value of my Fireworks AI shares?

To determine the value of your Fireworks AI shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Fireworks AI shares. You can also learn more about how to sell your private shares before getting started.
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Is Fireworks AI a publicly traded company?

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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Will Fireworks AI go IPO?

Fireworks AI 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.
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What is Fireworks AI’s IPO price?

The Fireworks AI IPO price does not exist at this time, as Fireworks AI 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 Fireworks AI register for Forge Markets, today.
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When was Fireworks AI founded?

Fireworks AI was founded in 2022.
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What is Fireworks AI funding to date?

Fireworks AI has raised $77.29MM to date.

Who are Fireworks AI’s major investors?

Advanced Micro Devices
Sheryl Sandberg
Artisanal Ventures
Nvidia
Benchmark
Mongodb Ventures
Howie Liu
Databricks Ventures
Alexandr Wang
Sequoia Capital
Frank Slootman

Fireworks AI Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
07/11/2024 Series B $52MM $xx.xx $552.33MM Sequoia Capital, NVIDIA, Advanced Micro Devices, MongoDB Ventures, Benchmark, Databricks Ventures, Frank Slootman, Sheryl Sandberg, Howie Liu, Alexandr Wang
Price per Share
$xx.xx
Shares Outstanding
1,655,745
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
N/A
Key Investors
Sequoia Capital, NVIDIA, Advanced Micro Devices, MongoDB Ventures, Benchmark, Databricks Ventures, Frank Slootman, Sheryl Sandberg, Howie Liu, Alexandr Wang
03/26/2024 Series A $25.29MM $xx.xx $63.24MM Benchmark, Sequoia Capital, Databricks Ventures, Frank Slootman, Alexandr Wang, Artisanal Ventures, Sheryl Sandberg, Howie Liu
Price per Share
$xx.xx
Shares Outstanding
3,214,100
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
N/A
Key Investors
Benchmark, Sequoia Capital, Databricks Ventures, Frank Slootman, Alexandr Wang, Artisanal Ventures, Sheryl Sandberg, Howie Liu
Updated on: Nov 5, 2024

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