CoreWeave raises $1.1B in a new funding round led by Coatue, valuing the company at $19B
Amount Raised
$1.1 Billion
Round Type
Funding Round
LivingstonInformation TechnologyProfessional ServicesSoftwareData And AnalyticsInvestors
Description
CoreWeave, an AI cloud infrastructure startup, has raised $1.1 billion in fresh funding, led by Coatue. The company's valuation has tripled from $7 billion five months ago to $19 billion. The capital will be used to fund growth and expansion into new geographic markets to meet the explosive demand for GPU accelerated cloud infrastructure worldwide.
Quick answer
CoreWeave raised $1.1 Billion in a Funding Round round, dated May 1, 2024. Investors: Lykos Global Management, Fidelity Management & Research Co., Altimeter Capital, Magnetar Capital and Coatue. CoreWeave is based in Livingston, New Jersey, United States.
- How much did CoreWeave raise?
- CoreWeave raised $1.1 Billion in a Funding Round round on May 1, 2024.
- Who invested in CoreWeave?
- Lykos Global Management, Fidelity Management & Research Co., Altimeter Capital, Magnetar Capital and Coatue are named as investors in this round.
- What does CoreWeave do?
- CoreWeave is a specialized cloud provider, delivering a massive scale of accelerated compute resources on top of the industry's fastest & most flexible infrastructure.
- Where is CoreWeave based and how big is it?
- CoreWeave is based in Livingston, New Jersey, United States. Fundz records about 1,847 employees.
- Who are the decision-makers at CoreWeave?
- Fundz holds 2 contacts at CoreWeave, including the Executive Officer, Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Professional Services and Data And Analytics around the same time
Companies in the same sectors as CoreWeave that raised within 45 days of this round, from Fundz verified event records.
- Phrasee raised an undisclosed amount (Funding Round) on May 15, 2024.
- InScope raised $4.3M (Seed) on June 13, 2024.
- Holibob raised an undisclosed amount (Series A) on June 12, 2024.
- AlphaSense raised $650M (Series F) on June 11, 2024.
- Twelve Labs raised $50M (Series A) on June 4, 2024.
- Cohere raised $450M (Funding Round) on June 4, 2024.
Who to call at CoreWeave, and when
A new round usually means CoreWeave is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day CoreWeave raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CoreWeave, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at CoreWeave. With Fundz connected, it knows.
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Fundz sees it the moment CoreWeave raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
CoreWeave raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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