Cerebras Systems (NAS: CBRS)

Application Specific Semiconductors · Sunnyvale, CA · Founded 2015 · Publicly Held

Cerebras Systems Inc is an AI company. Cerebras Systems (NAS: CBRS) is based in Sunnyvale, CA and was founded in 2015. It is now publicly traded; this page covers its private-market history, where its last recorded valuation was $40.6 billion (May 2026). It has raised $11 billion across 14 recorded rounds; the latest was a $6.4 billion IPO in May 2026.

Last price · $/share
$103
May 2026
Implied valuation
$40.6B
Total raised
$11.0B
Last round
IPO
May 2026
How much has Cerebras Systems (NAS: CBRS) raised?
$11.0Bacross 14 recorded rounds · Oct 2025 – May 2026

Most recently, Cerebras Systems (NAS: CBRS) raised $6.4B in its IPO (May 2026).

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Cerebras Systems (NAS: CBRS) round by round

14 rounds
May 2026IPO$6.4B▮
Apr 2026General Corporate Purpose$850.0M▮
Apr 2026Debt - General$850.0M▮
Jan 2026Series H$1.1B▮
+ 11 more investors · free account
Dec 2025Secondary Transaction - Private$1.1B▮
+ 2 more investors · free account
Oct 2025IPOundisclosed▮
19 investors participated
+ 8 earlier rounds · a free account shows the full history

How much has Cerebras Systems (NAS: CBRS) raised?

Cerebras Systems (NAS: CBRS) has raised $11 billion across 14 recorded rounds since 2016. The largest was an $850 million general corporate purpose round in Apr 2026; the most recent was a $6.4 billion IPO in May 2026. 11 of the rounds disclosed a post-money valuation.

Cerebras Systems (NAS: CBRS) investors

57 investors are on record for Cerebras Systems (NAS: CBRS), including Fidelity Management & Research Company, Gaingels, Flybridge (New York) and In-Q-Tel. By type, the record holds 17 venture capital firms, 3 growth equity firms and 2 angel investors. The Series H in Jan 2026 drew 11 investors.

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Frequently asked about Cerebras Systems (NAS: CBRS)

How much has Cerebras Systems (NAS: CBRS) raised?
Cerebras Systems (NAS: CBRS) has raised $11.0B in total across 14 recorded funding rounds.
Who are Cerebras Systems (NAS: CBRS)'s lead investors?
Lead investors in Cerebras Systems (NAS: CBRS)'s recorded rounds include ADQ, Alpha Wave Global, Atreides Management, Fidelity Management & Research Company, Benchmark Capital Holdings.
When was Cerebras Systems (NAS: CBRS)'s last funding round?
Cerebras Systems (NAS: CBRS)'s most recent recorded round was IPO in May 2026, raising $6.4B.