fal.ai Stock Price, Valuation & IPO
Private company — fal.ai is privately held. Its shares are not listed on any public exchange and can only be accessed through private secondary transactions.
Status source: AXEVIL investment team
$178.73 per share (AXEVIL consensus estimate)
Source: AXEVIL consensus of recent secondary transactions · as of 23 April 2026
Last round valuation: $8B
Source: E, April 2026, post-money
Total raised: ~$587M
Data last updated: 23 April 2026
About fal.ai
American infrastructure platform for generative media, giving developers programmatic access to hundreds of models for generating images, video, audio, and 3D content. Raised $140M in December 2025 led by Sequoia at a $4.5B valuation, tripling its value from a round in summer 2025.
fal is a compute platform through which developers and companies run other people's models for generating images, video, audio, and 3D objects. Founded in 2021 in San Francisco. A single API endpoint replaces buying GPUs, configuring servers, and signing a separate contract with each model lab: the company maintains the GPU fleet, negotiates with the developers itself, and hands the client a ready call billed on usage — per request or per second of GPU time. More than 600 models are available on the platform. Revenue grew 1,040% over 2025. Current valuation is $4.5B from a $140M Series D (December 2025); roughly $587M raised in total since 2023.
- Sector: Artificial Intelligence
- Headquarters: San Francisco, USA
- Founded: 2021
Key highlights
- Generative video went mainstream in the past year and is an order of magnitude heavier than images. One second of video takes tens of times more compute than an image, and that is where the 1,040% revenue growth over 2025 comes from.
- Model developers find it more profitable to distribute through someone else's platform than to build their own. In two months, models from Microsoft, Lightricks, and Sonilo launched on fal, and each publication brings its own audience to the platform.
- On May 19, 2026 AWS became the company's primary cloud partner. For a business whose main cost line is renting GPUs, that means predictable unit costs and capacity that grows with demand.
- A GPU maker has joined the cap table. Nvidia's venture arm participated in the December 2025 Series D, and in this industry access to accelerators means no less than money.
Funding rounds
| Date | Round | Price / share | Post-money valuation |
|---|---|---|---|
| 23 April 2026 | E | $178.73 | $8B |
| 9 December 2025 | D | $85.31 | $4.5B |
| 31 July 2025 | C | $36.67 | $1.5B |
| 12 February 2025 | B | $7.91 | $332M |
| 18 September 2024 | A | $2.75 | $97M |
| 27 June 2022 | Seed | $1.63 | $45M |
Frequently asked questions
How can I buy fal.ai stock before the IPO?
Not on a public exchange — fal.ai is privately held. Shares change hands only in private secondary transactions. AXEVIL structures those as dedicated US special purpose vehicles for accredited investors, subject to availability and to the rules of your jurisdiction.
What is the fal.ai stock price?
A private company has no single official share price. AXEVIL's consensus estimate is $178.73 per share as of 23 April 2026. Its most recent round implied a post-money valuation of $8B (April 2026).
What is fal.ai's valuation (net worth)?
fal.ai's most recent funding round valued the company at $8B post-money (April 2026) — the latest primary-market measure of what the company is worth. Secondary trades can price its shares above or below that round.
When will fal.ai IPO?
No listing has been announced. AXEVIL does not forecast IPO dates — this page states what has actually been filed or reported, with the date it was last checked.
Is fal.ai publicly traded?
No. fal.ai is a private company and its shares are not listed on any public exchange.
Does fal.ai have a stock symbol?
No. fal.ai has no ticker symbol because its shares are not listed on any exchange; a symbol is assigned only at an IPO or direct listing.
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Risk disclosure
Nothing on this page is an offer to sell or a solicitation to buy any security, and it is not investment advice. Valuations and share prices shown here are AXEVIL estimates built from primary sources — filings, announced rounds and completed secondary transactions — not quoted market prices, and they can be revised. Private-company shares are illiquid, may be impossible to sell, and the entire amount invested can be lost. Availability depends on your jurisdiction and on accredited-investor status.