Fireworks AI Analysis: $4129M Raised
What is Fireworks AI?
Fireworks AI specializes in providing a fast inference platform for generative AI applications. Their unique approach allows users to run and customize open-source models with minimal setup and high performance. This capability enables organizations to deploy AI solutions rapidly and efficiently, transforming their operational capabilities.
HQ Country
Redwood City, United States
Employees
51-200
Founded
2022
Industry
AI/ML, Cloud Infrastructure, Devtools
Product Features & Capabilities
- Open-source LLMs and image models for various applications
- Advanced tuning techniques for model customization
- Disaggregated inference engine for low latency and high throughput
- Virtual cloud infrastructure for seamless global deployment
- Developer SDKs for easy model experimentation and integration.
How much Fireworks AI raised
Series B - $52 million
July 8, 2024Lead Investor: Sequoia Capital, Nvidia, AMD, MongoDB
Various - $77 million (across multiple rounds)
2023-2024Lead Investor: Sequoia Capital, Benchmark, Nvidia, AMD, MongoDB
N/A - Potential valuation of $4 billion
UpcomingLead Investor: Lightspeed Venture Partners, Index Ventures (in talks)
Financial Overview
$4129MTotal Raised
Series B$52 million
July 8, 2024
Investors: Sequoia Capital, Nvidia, AMD, MongoDB
Various$77 million (across multiple rounds)
2023-2024
Investors: Sequoia Capital, Benchmark, Nvidia, AMD, MongoDB
N/APotential valuation of $4 billion
Upcoming
Investors: Lightspeed Venture Partners, Index Ventures (in talks)
