Fireworks AI logo

Fireworks AI Stock

Private Company · Price from Hiive
$41.98 +0.03 (+0.07%)
As of Jul 20, 2026
-28.93%
Valuation$17.5B1
Valuation DateJul 15, 2026
Implied Valuation$17.53B
Last Price$41.98
52-Week High$60.68
52-Week Low$41.49
YTD Return-30.00%
1-Year Return-28.93%
3-Year Returnn/a
Total Funding$1.83B1
Latest Round Amount$1.5B1
Latest RoundSeries D
Funding Rounds4
IPO Statusn/a
Expected IPO Daten/a
Revenue$1B1
Revenue TypeRun Rate
P/S Ratio17.5

About Fireworks AI

Fireworks AI is a cloud platform for running generative AI models in production. Its inference engine serves hundreds of open-source models across text, image, audio and multimodal formats, with tools for fine-tuning and reinforcement learning that let customers train and deploy custom models at scale. The company makes money by charging usage-based fees, including per-token pricing for serverless inference and charges for dedicated GPU deployments and model training. It was founded by former Meta engineers who built the PyTorch framework, including CEO Lin Qiao, and powers AI products at companies like Cursor, Uber, Notion and Shopify.

Categories Artificial Intelligence, Cloud Computing, Developer Tools
Founded 2022
Country United States
CEO Lin Qiao
Employees 1152
Founders Lin Qiao, Benny Chen, Chenyu Zhao, Dmytro Dzhulgakov, Dmytro Ivchenko, James Reed, Pawel Garbacki
Headquarters Redwood City, CA

Invest in Fireworks AI

Want to invest in Fireworks AI? Try our partner below.

Hiive logo

Hiive is a marketplace for buying and selling shares of private, pre-IPO companies. Invest in the world's most exciting startups before they go public.

Invest on Hiive

Stock Analysis may be compensated for user sign-ups through Hiive links. Hiive is not affiliated with Stock Analysis. Securities offered by Hiive Markets Limited, member of FINRA/SIPC.

News

Fireworks hits $17.5 billion valuation and $1B in annualized revenue

Fireworks raised $1.5 billion in Series D funding at a $17.5 billion valuation and said it has surpassed $1 billion in annualized revenue.

4 days ago - CNBC

AI infrastructure startup Fireworks closes $1.5B round at $17.5B valuation

Fireworks closed a $1.5 billion Series D led by Atreides Management, Index Ventures, and TCV, with Nvidia among the participants.

4 days ago - SiliconANGLE

Fireworks Secures $1.5 Billion in Series D Funding

Fireworks announced a $1.505 billion Series D at a $17.5 billion valuation as it surpassed $1 billion in annualized revenue.

5 days ago - Fireworks AI

Cursor Composer 2 + Fireworks AI

Fireworks AI details how it provides the distributed reinforcement learning and inference infrastructure behind Cursor's Composer 2 coding model, running RL across multiple global GPU clusters.

24 days ago - Fireworks AI

Qwen 3.7 Plus is now live on Fireworks

Alibaba partnered with Fireworks AI to provide independent hosted inference for its flagship Qwen 3.7 Plus model, available on Fireworks serverless infrastructure with pay-per-token pricing.

5 weeks ago - Fireworks AI

Booming AI Revenues Boost Inference Startups to Decacorn Status

Fireworks AI CEO Lin Qiao said the company surpassed $800 million in annualized revenue, up from $250 million in late October 2025, as AI inference startups draw investor interest at multibillion-doll...

7 weeks ago - Newcomer

Fireworks AI in Talks for Funding at $15 Billion Valuation

Fireworks AI is in talks to raise a new funding round that would value the company at $15 billion, with existing investor Index Ventures set to co-lead. The deal has not been completed and terms could...

7 weeks ago - Bloomberg

Announcing Fireworks AI on Microsoft Foundry

Microsoft integrated Fireworks AI as an inference provider in Microsoft Foundry, letting Azure customers run popular open models on Fireworks infrastructure with serverless and provisioned deployments...

4 months ago - Microsoft

Fireworks AI Raises $250M Series C to Power the Future of Enterprise AI

Fireworks AI announced a $250 million Series C at a $4 billion valuation, co-led by Lightspeed Venture Partners, Index Ventures and Evantic with continued support from Sequoia Capital, bringing total ...

9 months ago - Fireworks AI

Sequoia, Nvidia Back Startup Fireworks AI at $552 Million Valuation

Fireworks AI raised a $52 million Series B led by Sequoia Capital at a $552 million valuation, with participation from Nvidia, AMD and MongoDB, bringing its total funding to $77 million.

2 years ago - Bloomberg