Cloud/AI

CoreWeave

CoreWeave raises $7.5B Debt Financing at $19B valuation

$7.5B
Total Raised
Debt Financing
Latest Round
2017
Founded
1200+
Employees
2 Hudson Place, Hoboken, NJ 07030
1 min read

Quick Facts

Valuation
$19B
Latest Round Size
$7.5B
Latest Round Date
May 2024

CoreWeave: Debt Financing Funding Round

CoreWeave has successfully raised $7.5B in Debt Financing funding, reaching a valuation of $19B.

Company Overview

Specialized cloud provider for AI workloads

Funding Details

The Debt Financing round was led by Magnetar Capital, with participation from Blackstone, Carlyle, BlackRock, Coatue, Nvidia.

Company Information

  • Headquarters: 2 Hudson Place, Hoboken, NJ 07030
  • Founded: 2017
  • Employees: 1200+
  • Category: Cloud/AI

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 Debt Financing
  • Blackstone: Verified investor in Debt Financing
  • Carlyle: Verified investor in Debt Financing
  • BlackRock: Verified investor in Debt Financing
  • Coatue: Verified investor in Debt Financing
  • Nvidia: Verified investor in Debt Financing

Key Investors

Magnetar Capital
Lead Investor
Verified investor in Debt Financing
Blackstone
Investor
Verified investor in Debt Financing
Carlyle
Investor
Verified investor in Debt Financing
BlackRock
Investor
Verified investor in Debt Financing
Coatue
Investor
Verified investor in Debt Financing
Nvidia
Investor
Verified investor in Debt Financing

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources