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Fireworks AI closes $1.505B Series D at $17.5B valuation, doubling its value as AI inference demand surges.
Amount Raised
$1.51 Billion
Round Type
Series D
Redwood CitySoftwareArtificial Intelligenceinformation technology & servicesDescription
Fireworks AI, an open-source model inference specialist, closed a $1.505 billion Series D funding round in July 2026, valuing the company at $17.5 billion. The round reflects massive investor appetite for AI infrastructure as Fireworks surpassed $1 billion in annual recurring revenue with a fivefold year-over-year increase. The company processes trillions of tokens daily, demonstrating strong product-market fit in the enterprise inference segment. This valuation represents a significant jump from the company's previous $4 billion valuation in October 2025.
Fundz sees it the moment Fireworks AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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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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