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AIMarketCap

Fireworks AI

PrivateRank #25 by valueUnited StatesFounded 2022fireworks.ai

AI infrastructure company providing high-performance inference, model customization, post-training, and deployment for open and specialized foundation models.

AI valuation
$17.5B*338%increase
Jul 15, 2026 · Fireworks AI
Change vs Oct 28, 2025

Key stats

Funding recorded · 4 rounds
$1.83B
Revenue · Annualized revenue run rate
$1B
Releases · last 12 months
6
Upcoming
—
Models
3
Platforms & products
7
Latest release
Aug 31, 2026
Most active in
Financial
Employees
—
Open roles
—
Users
—

Recent releases

View all →
Aug 31, 2026Fireworks Training API becomes generally availableFireworks Training API

Fireworks launched general availability of its Training API for managed distributed training and reinforcement-learning rollouts.

Jul 15, 2026Fireworks serves more than 40 trillion tokens daily40,000,000,000,000 tokens per day

Fireworks reported serving more than 40 trillion tokens per day, over 95% from customer-specialized models.

Jul 15, 2026Fireworks surpasses $1 billion annualized revenue run rate$1B Annualized revenue run rate

Fireworks disclosed that annualized revenue run rate had surpassed $1 billion.

Fireworks AI Revenue disclosureFireworks AI
Jul 15, 2026Fireworks AI Series D$1.5B raised

Fireworks AI raised a $1.505 billion Series D led by Atreides Management, Index Ventures, and TCV.

Mar 2026Fireworks models launch in Microsoft Foundry

Fireworks and Microsoft made select open models available through serverless endpoints in Microsoft Foundry.

Oct 28, 2025Fireworks AI Series C$250M raised

Fireworks AI raised a $250 million Series C co-led by Lightspeed Venture Partners, Index Ventures, and Evantic.

Jun 11, 2025Fireworks Build SDK enters betaFireworks Build SDK · beta

Fireworks released a declarative SDK for managing models, deployments, fine-tuning jobs, datasets, and serving strategy.

Jun 11, 2025Fireworks Experimentation Platform becomes generally availableFireworks Experimentation Platform

Fireworks launched its integrated platform for rapid tuning, evaluation, deployment, and online experimentation.

Upcoming

Calendar →

Nothing scheduled.

AI valuation history

3 events
Financials →
$0
$5B
$10B
$15B
$20B
20252026
Fireworks AI AI valuation: Jul 11, 2024 $552M; Oct 28, 2025 $4B; Jul 15, 2026 $17.5B

Models

3
ModelReleased

Platforms & products

7
NameLaunched
Sources 14
  • Aug 31, 2026 · Fireworks Training API becomes generally availableFireworks AI
  • Jul 15, 2026 · Fireworks serves more than 40 trillion tokens dailyFireworks AI
  • Jul 15, 2026 · Fireworks surpasses $1 billion annualized revenue run rateFireworks AI
  • Jul 15, 2026 · Fireworks AI Series DFireworks AI
  • Mar 1, 2026 · Fireworks models launch in Microsoft FoundryFireworks AI
  • Oct 28, 2025 · Fireworks AI Series CFireworks AI
  • Jun 11, 2025 · Fireworks Build SDK enters betaFireworks AI
  • Jun 11, 2025 · Fireworks Experimentation Platform becomes generally availableFireworks AI
  • Mar 18, 2025 · Fireworks supports NVIDIA NIM deploymentsFireworks AI
  • Nov 1, 2024 · Fireworks f1 enters previewFireworks AI
  • Jul 11, 2024 · Fireworks AI Series BFireworks AI
  • Jun 17, 2024 · FireFunction V2 open weights releasedFireworks AI
  • Mar 8, 2024 · Fireworks launches fine-tuning serviceFireworks AI
  • Jan 31, 2024 · Fireworks AI Series AFireworks AI

* Market cap / valuation. Company values are AI-attributed: the latest market cap or valuation × the share attributed to AI (100% for pure AI companies). Methodology