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Fireworks AI

The fastest and most efficient platform for high-performance AI inference and model customization.
Fireworks AI is a high-performance inference cloud that enables developers to build and deploy production-grade generative AI applications. The platform specializes open models on customer data and optimizes them for speed and cost, serving over 40 trillion tokens daily for thousands of enterprise customers.
Artificial Intelligence 📍 Redwood City, CA Founded 2022
Current Valuation
$18B
as of 2026-Q3
DECACORN

QL Price

$24B
+39% vs last round
QuantLogix's current estimate for Fireworks AI, published 2026-10-07 — above the last disclosed round of $18B (2026-Q3).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round $18B 2026-Q3 weight 0.99
Secondary market print $37B 2026-06-27 weight 0.54
How this price has held up
No round has priced for Fireworks AI since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Fireworks AI →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Fireworks AI, 2026-10-07 (f90ecf09b298bf00). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Fireworks AI going public?
No. Fireworks AI is private and has not filed to go public. There is no S-1 on file.
What is Fireworks AI's valuation in 2026?
Fireworks AI is valued at $18B as of 2026-Q3, set by its Series D ($1.5B, Jul 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Fireworks AI filed an S-1?
No public S-1 is on file for Fireworks AI.
Who are Fireworks AI's investors?
Fireworks AI's investors include Lightspeed Venture Partners, Index Ventures, Sequoia Capital, Benchmark, Databricks Ventures, NVIDIA and 8 more.
How much has Fireworks AI raised?
Fireworks AI has raised $1.8B in total, most recently a Series D of $1.5B in Jul 2026.
Is Fireworks AI publicly traded — can you buy Fireworks AI stock?
No. Fireworks AI is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Fireworks AI on its Pre-IPO Access Desk.
How to actually get exposure to Fireworks AI →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Lin Qiao
Founded
2022
HQ
Redwood City, CA
Employees
189
Total Raised
$1.8B
Est. Revenue
$1.0B (2026-07)
Growth
Hypergrowth ($1B ARR milestone)
Last Round
Series D — $1.5B (Jul 2026) · Lead: Atreides Management, Index Ventures & TCV
IPO Status
private

Fundraising Status

Series D · $1.5B · 3 mo ago
privateTotal raised $1.8B

Secondary Market

Implied price / share
$41.64
Last round price / share
$19.92
vs last round
+109.0%
Open interest
8
Last round price vs secondary price
Last round vs current secondary price per share$19.92Last round$41.64Current
Secondary price return by period
Secondary market period returns3-month-18.5%6-month-30.6%1-year-27.1%All-time+4064%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series D$1.5BJul 2026Atreides Management, Index Ventures & TCV—

Vertical Intelligence — AI / ML

Open models
0
Downloads (30d)
0
across all models
Followers
2
Attributed to Hugging Face organization "Fireworks AI" as of 2026-10-04. Open-weights footprint only — closed-model usage is not publicly measurable. Verify on Hugging Face ↗

Talent Signal

Hiring trend
▲ Hiring uptrend
+27% vs 2026-08
Open roles
76
via ashby
Product-build share
36%
engineering, research, product, design
Trajectory
expanding
balanced build + GTM — 36% builders vs 64% go-to-market/G&A — scaling both sides.
No tracked executive churn; open roles trending up.
Open roles by month
Open roles by month60Aug '2676Sep '26
Open roles by function
Open roles by functionSales & GTM20Other16Engineering15Marketing7Ops & People5Product4Data & ML3Security2Research2
■ product-building   ■ go-to-market / G&A
AI Product Engineer - NexusMember of Technical Staff, Cloud Infrastructure, SingaporeApplied Machine Learning Engineer, SingaporeMember of Technical Staff, AI Training InfrastructureApplied Machine Learning EngineerMember of Technical Staff, Cloud Infrastructure
Counted from Fireworks AI's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Lin QiaoDmytro DzhulgakovDmytro IvchenkoBenny ChenJames ReedPawel GarbackiChenyu Zhao

Investors

Lightspeed Venture Partners · Index Ventures · Sequoia Capital · Benchmark · Databricks Ventures · NVIDIA · AMD · MongoDB · Atreides Management · TCV · Evantic Capital · Bessemer Venture Partners · Menlo Ventures · 20VC

Products

  • Fireworks Platform
  • FireOptimizer
  • Custom Model Deployment
  • Function Calling
  • Multi-modal Inference
  • Compound AI Systems

Competitors

Together AI · Anyscale · Replicate · OctoAI · Modal
AI InferenceLLMOpen SourceGPU OptimizationPyTorch
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q3. Refreshed quarterly.