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Fireworks

It provides AI infrastructure for organizations building applications outside Big Tech-controlled AI ecosystems.

AI Infrastructure
Independent AI Infrastructure
Total Raised
$1.6B
Last Valuation
$552M
Series B, Jul 2024
Unverified — no source on file
Headquarters
Redwood City, United States

Overview

Fireworks is building AI infrastructure positioned as an alternative to Big Tech-owned AI platforms. The company targets organizations and developers seeking independent infrastructure for AI application development. Its key differentiator is leadership tied to PyTorch’s development at Meta, according to the round description. Fireworks raised $1.5 billion in an undisclosed round announced on 2026-07-17, underscoring investor demand for independent AI infrastructure.

Funding History

3 rounds · Oct 2023 – Jul 2026
$1.6B
Total Raised
3
Cumulative: $1.6B

The woman who built PyTorch at Meta just raised $1.5B on a bet that Big Tech shouldn’t own AI

Investors not disclosed
Source
2
Cumulative: $77M

Fireworks AI raised Series B funding to expand its generative AI inference platform for enterprise developers.

Sequoia Capital (Lead)
1
Cumulative: $25M

Fireworks AI raised a Series A round to build its generative AI model-serving and inference platform.

Benchmark (Lead)

Frequently Asked Questions

How much funding does AI Funding track for Fireworks?
AI Funding tracks $1.6B for Fireworks across 3 funding rounds in this database.
Who are Fireworks's investors?
Fireworks's investors include Sequoia Capital, Benchmark.
What does Fireworks do?
Fireworks is building AI infrastructure positioned as an alternative to Big Tech-owned AI platforms. The company targets organizations and developers seeking independent infrastructure for AI application development. Its key differentiator is leadership tied to PyTorch’s development at Meta, according to the round description. Fireworks raised $1.5 billion in an undisclosed round announced on 2026-07-17, underscoring investor demand for independent AI infrastructure.
Where is Fireworks headquartered?
Fireworks is headquartered in Redwood City, United States.