Skip to main content
Fireworks AI logo

Fireworks AI

🔥 HOT
Updated Mar 24, 2026

Everything you need to know about Fireworks AI — from their $327M in funding to who's backing them.

🇺🇸United StatesSeries CAI Infrastructure

Out of 100

🇺🇸

HQ

United States

🗓

Founded

2022

💰

Raised

$327M

🏷️

Stage

Series C

👥

Team

150

Fireworks AI, founded in 2022, develops infrastructure software for deploying and running large language models (LLMs) in production environments. The company provides a platform that enables organizations to deploy, fine-tune, and optimize open-source and proprietary models with reduced latency and cost. Fireworks AI's core offering focuses on inference acceleration, allowing enterprises to

Is this your company? Claim it →

Key Facts

  • Fireworks AI is valued at $4B as of March 2026.
  • Fireworks AI has raised a total of $327M in disclosed funding across 2 funding rounds.
  • Fireworks AI was founded in 2022 by Lin Qiao and is headquartered in United States.
  • Fireworks AI employs approximately 150 people.
  • Fireworks AI operates in the AI Infrastructure category and is currently at the Series C stage.
  • Fireworks AI has an Awaira Score of 82/100, ranking it among the highly notable AI companies on Awaira.
  • Fireworks AI's most recent funding round was a Series B of $52M closed in July 2024, led by Sequoia Capital.

Source: Awaira · Updated Mar 24, 2026

$4B

Post-money

$327M

All rounds

82/100

2022

150 employees

Strengths

Unicorn status with $4B valuation

Elite Awaira Score of 82/100

Growing team of 150 employees

Analysis based on publicly available data. Not investment advice.

2

Total Rounds

$38.5M

Avg Round Size

0.3yr

Funding Span

Fireworks AI raised 2 rounds over 0.3 years, averaging $38.5M per round — a pace of roughly one round every 2 months.

⚠️ ESTIMATE
💵Est. Annual Revenue
$50M–$500M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does Fireworks AI stack up against competitors?

MetricFireworks AICoreWeaveGraphcoreNebius
Awaira Score82/10095/10085/10084/100
Total Raised$327M$2.38B$700M$2B
Valuation$4B$49B$500M$25B
StageSeries CPublicAcquiredPrivate
Founded2022201720162023
Employees1501800500-10001,000
Country🇺🇸🇺🇸🇬🇧🇳🇱
L

Lin Qiao

Founder & CEO

View founder profile →
StageSeries C
Employees150
Country🇺🇸 United States
Connect
Quiet
2 rounds
Series BLatest

Led by Sequoia Capital

$52M

Jul 2024

Series A

Led by Sequoia Capital

$25M

Mar 2024

Frequently Asked Questions

What is Fireworks AI's valuation?
Based on the most recent funding round, the valuation sits at $4B.
Who invested in Fireworks AI?
Known backers include Sequoia Capital, Gradient Ventures, SoftBank Vision Fund. These investors have supported the company through various funding rounds.
When did Fireworks AI last raise funding?
Capital was most recently raised through a Series B of $52M in July 2024. The round was led by Sequoia Capital.
How many employees does Fireworks AI have?
Around 150 people work there, with headquarters in United States.
What does Fireworks AI do?
Fireworks AI, founded in 2022, develops infrastructure software for deploying and running large language models (LLMs) in production environments. The company provides a platform that enables organizations to deploy, fine-tune, and optimize open-source and proprietary models with reduced latency and cost.
Who founded Fireworks AI?
Behind the company is Lin Qiao, who got it off the ground in 2022 in United States. Lin Qiao serves as Founder & CEO.
Is Fireworks AI profitable?
Profitability details aren't publicly disclosed. The company has raised $327M in total funding and is currently at the Series C stage.
Where is Fireworks AI headquartered?
Headquarters are in United States 🇺🇸. The company operates in the AI Infrastructure sector and was established in 2022.
⚔️

Compare Fireworks AI

See how Fireworks AI stacks up against competitors in valuation, funding, team size, and Awaira Score.

Browse all comparisons →