Cloud Computing

CoreWeave

CoreWeave raises $200M Series at $19B valuation

$200M
Total Raised
Series
Latest Round
2017
Founded
500+
Employees
Roseland, NJ
1 min read

Quick Facts

Valuation
$19B
Latest Round Size
$200M
Latest Round Date
September 2024

CoreWeave: Series Funding Round

CoreWeave has successfully raised $200M in Series funding, reaching a valuation of $19B.

Company Overview

AI cloud infrastructure startup providing specialized processing for AI training

Funding Details

The Series round was led by Magnetar Capital, with participation from Coatue.

Company Information

  • Headquarters: Roseland, NJ
  • Founded: 2017
  • Employees: 500+
  • Category: Cloud Computing

Investment

CoreWeave plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Magnetar Capital: Verified investor in Series
  • Coatue: Verified investor in Series

Key Investors

Magnetar Capital
Lead Investor
Verified investor in Series
Coatue
Investor
Verified investor in Series

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources