Fireworks AI
InfrastructureTier 2Pure AIAI inference platform for deploying and serving models at scale. 20x revenue growth in one year.
USSan Francisco, CA, USAFounded 2022
Valuation
$17.5B
Total Raised
$327M
Revenue (ARR)
$1.0B
P/S Ratio
17.5x
Employees
200
Key products
Fireworks Inference APIFireworks Fine-tuningFireFunction
Latest funding round
Series C2025-10-28
$250M
Lead: Lightspeed Venture Partners, Index Ventures, Evantic
Revenue notes
$130M ARR in May 2025, up 20x from $6.5M in May 2024.
Key investors (4)
Lightspeed Venture PartnersIndex VenturesSequoia CapitalNVIDIA
Data and sources
Latest figure as of Jul 16, 2026| Figure | Value | As of | Source |
|---|---|---|---|
| Valuation | $17.5B | Jul 16, 2026 | cnbc.com |
| Annualized revenue (ARR) | $1.0B | Jul 16, 2026 | cnbc.com |
| Total funding raised | $327M | Apr 12, 2026 | source pending |
| Employees | 200 | Dec 1, 2025 | source pending |
Change history · 2 earlier figures
- Oct 1, 2025 · Valuation · $4.0B · source pending
- May 1, 2025 · Annualized revenue (ARR) · $130M · source pending