Fireworks AI Stock

fireworks.aiEnterprise Software / Data IntelligenceFounded: 2022Funding to Date: $77.29MM

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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Private Market Pricing DetailsValuation & Financings

Fireworks AI Stock Price

Forge Price 1
Price not yet 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

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

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Fireworks AI stock FAQs

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Can you buy Fireworks AI stock?

As Fireworks AI is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Fireworks AI, 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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Can you sell Fireworks AI stock?

Yes, you may sell the Fireworks AI 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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  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 Fireworks AI 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 Fireworks AI a public company?

No, Fireworks AI 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 Fireworks AI’s stock price?

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

Fireworks AI 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.

Fireworks AI’s news and media highlights

Startup Fireworks AI notched a valuation of $552 million in a funding round led by Sequoia Capital, a significant milestone for the two-year-old artificial intelligence company. Sequoia, along with investors including Nvidia Corp., Advanced Micro Devices Inc. and MongoDB Inc. put $52 million into the company in the funding round, brining its total cash haul to $77 million.
Generative artificial intelligence as a platform ultimately succeeds when it’s a marriage between collaboration and innovation. Fireworks AI and MongoDB Inc.’s relationship has pushed the limits on what gen AI can achieve. Fireworks is an inference provider helping developers serve open-source and proprietary models, enabling the acceleration of product innovation with gen AI.
Just about everyone is trying to get a piece of the generative AI action these days. While the majority of the focus remains on the model vendors like OpenAI, Anthropic and Cohere, or the bigger companies like Microsoft, Meta, Google and Amazon, there are in fact, a lot of startups trying to attack the generative AI problem in a variety of ways. Fireworks.ai is one such startup. While lacking the brand name recognition of some of these other players, it boasts the largest open source model API with over 12,000 users, per the company. That kind of open source traction tends to attract investor attention, and the company has raised $25 million so far.
Updated on: Nov 17, 2024

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