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HISTORICAL P100 / #72

Fireworks AI

AI Infrastructure · United States

Historical ranking valuation$4.00BSource snapshot: Jun 19, 2026
Financing events6
Named participants17
Captables stories2

Disclosed primary funding in this record

$1.6B

Sum of non-overlapping disclosed USD amounts in confirmed primary financing entries in this record, including separately labeled equity components; not verified lifetime funding. Excludes amounts already included in a later round, announced, reported, database-only, debt, secondary and unclassified events.

3 confirmed primary rounds with disclosed USD amounts · Record through 2026-09-28
THE BUSINESS

Get to know Fireworks AI.

Fireworks AI provides infrastructure for serving and adapting AI models. Its platform offers serverless and dedicated inference plus model-training workflows for companies building AI applications.

Fireworks AI platform overview ↗Source checked Sep 24, 2026

Valuation history

Valuations reported at the time of each round.

$17.5BSeries D · ConfirmedSource ↗
$4BSeries C (mixed primary and secondary) · ConfirmedSource ↗
$552MSeries B · ConfirmedSource ↗

Funding history

Funding rounds, debt and other financing events.

5sourced events · record as of 2026-09-28

A firsthand founder interview confirms initial $25M funding from Benchmark, without its financing date or series designation. The separately cited March 27, 2024 press account reports Series A and additional participants; that is publication, not proven settlement. Retained as non-additive context for the initial round, not another $25M raise; exact instrument/date/identity linkage remains unverified. The $1.582B confirmed-primary subset includes that initial amount plus the issuer's $52M B and $1.505B D, not lifetime funding. The $250M C mixes primary and secondary without an allocation and is excluded. May 2026 growth-equity remains uncorroborated and potentially overlapping. No current register, exact subscribing funds/classes, independently reviewed complete history or source-rights approval is established.

Jul 15, 2026LATEST SOURCED
primary

Series D

Atreides Management (lead) · Index Ventures (lead) · TCV (lead) · Evantic Capital · Lightspeed Venture Partners · NVIDIA · 20VC · Bessemer Venture Partners · +1 more

Amount$1.505BValuation$17.5B
Oct 28, 202504
other

Series C (mixed primary and secondary)

Lightspeed Venture Partners (lead) · Index Ventures (lead) · Evantic (lead) · Sequoia Capital

Issuer states this $250M round includes both primary and secondary funding but does not allocate proceeds. The transaction total is not wholly capital raised by the issuer.

Amount$250M total primary and secondaryValuation$4B
Date undisclosedUNDATED
other

Series A context (reported)

Benchmark (lead) · Sequoia Capital · Databricks Ventures · Frank Slootman · Alexandr Wang

Source published Mar 27, 2024; not a financing date

Included in Initial Benchmark funding; not added again to the confirmed-raised sum.

Reported classification and participants only. March 27 is this account's publication, not an authenticated close. Exact legal linkage to the founder's initial financing remains unverified; no second $25M is counted. Eric Vishria's stated board role is not a personal investment; unspecified executives are not named subscribers. Exact funds, allocations, classes and current holdings remain unknown.

Amount$25M reported; not additional capitalValuationUndisclosed
Date undisclosedUNDATED
primary

Initial Benchmark funding

Benchmark

Source published Aug 20, 2024; not a financing date

The firsthand founder transcript establishes initial $25M funding from Benchmark; it does not specify the financing day, series, exact fund, instrument terms or a lead role. August 20 is interview publication, not investment timing. The separate reported Series A roster is not upgraded to founder-confirmed participants. No additional early seed is inferred from databases, a valuation ratio or subtracting cumulative totals. No current equity balance or willingness to sell is established.

Amount$25MValuationUndisclosed
Unverified database leads (1)

These database claims have not been independently verified and are excluded from the sourced-event count.

May 26, 2026UNVERIFIED
other

Growth equity listing (unverified)

Investor participation not independently verified

No issuer amount, terms or independently corroborated May 2026 financing located; do not infer this is separate from Series D.

AmountUndisclosedValuationUndisclosed

Financing participants

Investors, lenders and other parties named in funding announcements.

Atreides Management

Series D · Jul 15, 2026 · Lead participant · primary · Confirmed · Confirmed source ↗

Index Ventures

Series D · Jul 15, 2026 · Lead participant · primary · Confirmed · Confirmed source ↗

Series C (mixed primary and secondary) · Oct 28, 2025 · Lead participant · other · Confirmed · Confirmed source ↗

Evantic Capital

Series D · Jul 15, 2026 · Participant · primary · Confirmed · Confirmed source ↗

Lightspeed Venture Partners

Series D · Jul 15, 2026 · Participant · primary · Confirmed · Confirmed source ↗

Series C (mixed primary and secondary) · Oct 28, 2025 · Lead participant · other · Confirmed · Confirmed source ↗

Bessemer Venture Partners

Series D · Jul 15, 2026 · Participant · primary · Confirmed · Confirmed source ↗

Menlo Ventures

Series D · Jul 15, 2026 · Participant · primary · Confirmed · Confirmed source ↗

Evantic

Series C (mixed primary and secondary) · Oct 28, 2025 · Lead participant · other · Confirmed · Confirmed source ↗

Sequoia Capital

Series C (mixed primary and secondary) · Oct 28, 2025 · Participant · other · Confirmed · Confirmed source ↗

Series B · Jul 11, 2024 · Lead participant · primary · Confirmed · Confirmed source ↗

Series A context (reported) · Date undisclosed · Participant · other · Reported · Reported source ↗

MongoDB Ventures

Series B · Jul 11, 2024 · Participant · primary · Confirmed · Confirmed source ↗

Benchmark

Series A context (reported) · Date undisclosed · Lead participant · other · Reported · Reported source ↗

Initial Benchmark funding · Date undisclosed · Participant · primary · Confirmed · Confirmed source ↗

Databricks Ventures

Series A context (reported) · Date undisclosed · Participant · other · Reported · Reported source ↗

Frank Slootman

Series A context (reported) · Date undisclosed · Participant · other · Reported · Reported source ↗

Alexandr Wang

Series A context (reported) · Date undisclosed · Participant · other · Reported · Reported source ↗

Ownership evidence

Opening ownership research…

Captables coverage

Deals / Captables

Fireworks AI's latest round: $1.5B Series D

Fireworks AI's latest public financing record lists USD 1.505B in its Series D dated July 15, 2026. Captables places the event in the company's disclosed funding history.

Captables Newsroom · 58d ago