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
What is Cerebras Systems (NAS: CBRS) worth?
$40.6Blast known valuation

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

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The prices on Cerebras Systems (NAS: CBRS)
  • ·Every dated print: 50 trades with prices and structures
  • ·56 fund marks: filer, period, implied $/share
  • ·The monthly marks chart, 41 months in dollars
  • ·Price per share on 8 rounds
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Valuation timeline

11 priced rounds · May 2016 – May 2026
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Series Arounds hold their value until the next priced eventIPO
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Secondary market

monthly marks · 41 months · Jan 2023 – May 2026 · ended
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Jan 2023marks: indicative $/share, month-end · series ended May 2026May 2026
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Cerebras Systems (NAS: CBRS) funding history

14 rounds
DateRoundRaisedPost-money
May 2026IPO$6.4B▮
Apr 2026General Corporate Purpose$850.0M▮
Apr 2026Debt - General$850.0M▮
Jan 2026Series H$1.1B▮
Dec 2025Secondary Transaction - Private$1.1B▮
Oct 2025IPO—▮
+ 8 earlier rounds · a free account shows the full history
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Cerebras Systems (NAS: CBRS) valuation

Cerebras Systems (NAS: CBRS) is now publicly traded; this page covers its private-market history, where its last recorded valuation was $40.6 billion (May 2026). Secondary trades, fund marks and rounds below are the private-market record; the listed share price is not tracked here.

Recent activity

In the last 90 days, Cerebras Systems (NAS: CBRS)'s record added 8 institutional fund marks (latest period Jul 2026).

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) secondary market activity

50 secondary trades in Cerebras Systems (NAS: CBRS) shares are on record, between Oct 2025 and May 2026. The busiest recent months were Apr 2026 (14 prints) and Mar 2026 (12 prints). Exact dates, prices and structures are available to Pro members.

A monthly secondary-market price series for Cerebras Systems (NAS: CBRS) runs from Jan 2023 to May 2026 (41 months); the most recent quote is from May 2026.

Institutional holders and vehicles

7 SEC-registered funds reported 56 fair-value marks on Cerebras Systems (NAS: CBRS) between Sep 2025 and Jul 2026, in their N-PORT filings. Filer-level marks and implied per-share values are available to Pro members.

Comparable companies

Comparable application specific semiconductors names by valuation on PrivateMarketView: Positron ($5 billion), Lightmatter ($4.6 billion) and SiFive ($3.6 billion).

How Cerebras Systems (NAS: CBRS)'s valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Cerebras Systems (NAS: CBRS), too few pricing signals exist to publish a composite mark; the figures above reflect the most recent observed valuation event. Full methodology →

Frequently asked about Cerebras Systems (NAS: CBRS)

What is Cerebras Systems (NAS: CBRS) worth?
Cerebras Systems (NAS: CBRS)'s last known valuation is $40.6B.
How much has Cerebras Systems (NAS: CBRS) raised?
Cerebras Systems (NAS: CBRS) has raised $11.0B in total funding across 14 recorded rounds.
When did Cerebras Systems (NAS: CBRS) last raise?
Cerebras Systems (NAS: CBRS) last raised in May 2026 (IPO), raising $6.4B.