Fireworks AI key facts
as of Oct 2026- Developer of a generative artificial intelligence platform designed to build and run AI agents and applications.
- Fireworks AI is valued at approximately $17.5B as of Oct 2026, set at its Series D, Jul 2026; nothing has traded since, per PrivateMarketView’s mark.
- It has raised $327.0M across 5 recorded rounds; the latest was Series D ($1.5B) in Jul 2026.
- Notable investors include Sequoia Capital, Lightspeed Venture Partners, Bessemer Venture Partners, Index Ventures, Menlo Ventures — 51 tracked in total.
- Status: Privately Held (backing).
Valued at $17.5B at its Series D, Jul 2026. Nothing has traded since.
- ·Post-money valuations for all 5 rounds
- ·The complete investor list: 51 names
- ·Everyone on the team, board and advisors included
- ·Watch Fireworks AI: the Monday email on marks, rounds and moves
Fireworks AI funding rounds
5 roundsFireworks AI leadership
- Lin QiaoCo-Founder & Chief Executive Officer
- Dmytro IvchenkoCo-Founder & Engineer Executive
- Chenyu ZhaoCo-Founder & Executive of Engineering
- James ReedCo-Founder & Head of Multimedia
Who backs Fireworks AI
51+Fireworks AI valuation
Fireworks AI was valued at $17.5 billion at its Series D in Jul 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.
How much has Fireworks AI raised?
Fireworks AI has raised $327 million across 5 recorded rounds since 2022. The largest was a $52 million Series B in Aug 2024; the most recent was a $1.5 billion Series D in Jul 2026. 5 of the rounds disclosed a post-money valuation.
Fireworks AI investors
51 investors are on record for Fireworks AI, including Sequoia Capital, Sequoia Capital, Lightspeed Venture Partners and Lightspeed Venture Partners. By type, the record holds 20 venture capital firms and 2 hedge funds. The Series D in Jul 2026 drew 18 investors.
Who runs Fireworks AI
8 people are listed on the Fireworks AI team: 7 executives and 1 board member, including Benny Chen (Co-Founder) and Chenyu Zhao (Co-Founder). 8 of them have a verified direct contact on file.
About Fireworks AI
Developer of a generative artificial intelligence platform designed to build and run AI agents and applications. The company's platform aims to run, fine-tune, and share large language models (LLMs) to solve product problems, deliver real-time performance with minimal latency, high throughput, and unmatched concurrency, enabling developers and businesses to scale at a faster rate through rapid product iteration building, as well as minimizing cost to serve.
- Sector
- Information Technology
- HQ
- Redwood City, CA, United States
- Founded
- 2022
- Employees
- 148
- Website
- fireworks.ai/
- Ownership
- Privately Held (backing)
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