Fundraising

Fireworks AI

Fireworks AI Raises $250M in Series C

2022
Founded
150+
Employees
San Mateo, CA
2 min read

Quick Facts

Fireworks AI Raises $250M in Series C


Fireworks AI has successfully raised $250M in a Series C at a $4B valuation led by Lightspeed Venture Partners, Index Ventures, Sequoia Capital.


Company Overview


Fireworks AI is a AI/ML company headquartered in San Mateo, CA, founded in 2022 with 150+ employees.


Enterprise AI inference platform providing fast and cost-effective model deployment for companies like Uber and Shopify


Fundraising Details


  • Amount Raised: $250M
  • Round Type: Series C
  • Valuation: $4B
  • Date: 2025-10-31
  • Investors: Lightspeed Venture Partners, Index Ventures, Sequoia Capital

About Fireworks AI


Enterprise AI inference platform providing fast and cost-effective model deployment for companies like Uber and Shopify The company is positioned in the AI/ML sector, serving a growing market with innovative solutions.


Key Information


  • Headquarters: San Mateo, CA
  • Founded: 2022
  • Team Size: 150+
  • Industry: AI/ML

What This Means


This funding round demonstrates strong investor confidence in Fireworks AI's vision and execution. The capital will likely be used to:


  • Scale Operations: Expand the team and operational capacity
  • Product Development: Enhance existing products and develop new features
  • Market Expansion: Enter new markets and strengthen presence in existing ones
  • Technology Investment: Invest in infrastructure and technology capabilities

Industry Context


The AI/ML sector continues to attract significant investment as companies innovate to meet evolving market demands. Fireworks AI's successful fundraising reflects the strong fundamentals and growth potential in this space.


Valuation Milestone


Reaching a $4B valuation marks an important milestone for Fireworks AI, positioning the company among notable players in the AI/ML industry.


Looking Ahead


With this new capital, Fireworks AI is well-positioned to execute on its growth strategy and continue building innovative solutions in the AI/ML space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.


This fundraising news was reported on 2025-10-31. For more information about Fireworks AI, visit their headquarters at San Mateo, CA.

About the Author

Fundraising News Team
Fundraising News Team
Tracking the latest funding rounds and investment news