Fireworks.ai raised $25 million in a funding round led by Benchmark with participation from Sequoia Capital, Databricks, and Snowflake to further develop their open source model API for generative AI.
Amount Raised
$25 Million
Round Type
Funding Round
Redwood CitySoftwareArtificial Intelligenceinformation technology & servicesInvestors
Description
Fireworks.ai, a startup focusing on an open source model API for generative AI, raised $25 million in a funding round. The round was led by Benchmark and included participation from Sequoia Capital, Databricks, and Snowflake, with strategic implications for data storage tools.
Quick answer
Fireworks AI raised $25 Million in a Funding Round round, dated March 26, 2024. Investors: Snowflake, Databricks, Sequoia Capital and Benchmark. Fireworks AI is based in Redwood City, California, United States.
- How much did Fireworks AI raise?
- Fireworks AI raised $25 Million in a Funding Round round on March 26, 2024.
- Who invested in Fireworks AI?
- Snowflake, Databricks, Sequoia Capital and Benchmark are named as investors in this round.
- What does Fireworks AI do?
- Fireworks is the fastest way to build, tune, and scale AI on open models.
- Where is Fireworks AI based and how big is it?
- Fireworks AI is based in Redwood City, California, United States. Fundz records about 330 employees.
- Who are the decision-makers at Fireworks AI?
- Fundz holds 3 contacts at Fireworks AI, including the Co-Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in information technology & services and Software around the same time
Companies in the same sectors as Fireworks AI that raised within 45 days of this round, from Fundz verified event records.
- Intangible Technology raised $300K on May 1, 2024.
- Scavenger AI raised $1.2M (Pre-Seed) on April 11, 2024.
- Procurement Sciences raised $10M (Series A) on April 9, 2024.
- Tennr raised $18M (Funding Round) on March 26, 2024.
- Procurement Sciences raised $11M on March 15, 2024.
- Databricks raised $500M (Series G+) on March 14, 2024.
Who to call at Fireworks AI, and when
A new round usually means Fireworks AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Fireworks AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Fireworks AI, from your own LinkedIn network
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Related People
Fireworks AI 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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