fireworks.aiEnterprise Software / Data IntelligenceFounded: 2022Funding to Date: $77.29MM
Fireworks AI is a generative AI company which offers a platform for running, fine-tuning, and deploying AI models to developers and enterprises. Fireworks AI’s platform is designed to optimize the deployment of large language and image models, providing high-performance infrastructure that reduces latency and enhances scalability. The company aims to help organizations leverage AI models for tasks like text generation, image synthesis, and data processing efficiently at scale. This company was founded by Lin Qiao, Dmytro Dzhulgakov, Dmytro Ivchenko, and Chenyu Zhao in 2022 and is headquartered in Redwood City, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
07/11/2024 | Series B | $52MM | $xx.xx | $552.33MM | Advanced Micro Devices, Alexandr Wang, Benchmark, Databricks Ventures, Frank Slootman, Howie Liu, Mongodb Ventures, Nvidia, Sequoia Capital, Sheryl Sandberg | |
Price per Share
$xx.xx
Shares Outstanding
1,655,745
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Advanced Micro Devices, Alexandr Wang, Benchmark, Databricks Ventures, Frank Slootman, Howie Liu, Mongodb Ventures, Nvidia, Sequoia Capital, Sheryl Sandberg
|
||||||
03/26/2024 | Series A | $25.29MM | $xx.xx | $63.24MM | Alexandr Wang, Artisanal Ventures, Benchmark, Databricks Ventures, Frank Slootman, Howie Liu, Sequoia Capital, Sheryl Sandberg | |
Price per Share
$xx.xx
Shares Outstanding
3,214,100
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alexandr Wang, Artisanal Ventures, Benchmark, Databricks Ventures, Frank Slootman, Howie Liu, Sequoia Capital, Sheryl Sandberg
|