Fireworks AI Stock
Private company — Fireworks 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
$61.65 per share (AXEVIL consensus estimate)
Source: AXEVIL consensus of recent secondary transactions · as of 15 July 2026
Valuation: $15.54B
Source: D, July 2026 — post-money $15.54B
Data last updated: 6 August 2026
About Fireworks AI
American platform for running AI models fast and cheaply in production, founded by a former Meta PyTorch lead, Lin Qiao. In October 2025 the company raised $250M at a $4B valuation led by Lightspeed and Index Ventures with Sequoia participating. Annual revenue reached about $315M, growing roughly 416%.
Fireworks AI, Inc. (founded in October 2022, Redwood City) — the largest independent inference platform for open AI models: over 40 trillion tokens pass through it daily. The company occupies a neutral layer between model developers and clouds — it ensures the launch and fine-tuning of any open model on any hardware at maximum speed and 5–10 times cheaper than closed alternatives (a role comparable to Stripe in payments). Founded by a team of seven engineers who created PyTorch at Meta. Annual revenue exceeded $1 billion (July 2026, 5× growth year-over-year), the platform is used by over 10,000 companies, including Cursor, Notion, Harvey, and Perplexity. Since June 2026 — the sole primary inference provider within Microsoft Foundry. A total of $1.81 billion has been raised throughout its history; the latest Series D round — $1.505 billion at a valuation of $17.5 billion (July 2026) led by Atreides Management, Index Ventures, and TCV. Expected exit — IPO in 2029 at a valuation of ~$70 billion (4.0× to Series D).
- Sector: Artificial Intelligence
- Headquarters: Redwood City, USA
- Founded: 2022
Funding rounds
| Date | Round | Price / share | Post-money valuation |
|---|---|---|---|
| 15 July 2026 | D | $61.65 | $15.54B |
| 28 October 2025 | C | $19.92 | $4B |
| 11 July 2024 | B | $3.14 | $552M |
| 26 March 2024 | A | $0.79 | $127M |
Latest news
- Microsoft opened 26 open models to startups through Fireworks AI on the Foundry platform — 6 August 2026
- Fireworks AI is negotiating a round at a valuation of 15 billion — 27 May 2026
Frequently asked questions
Can I buy Fireworks AI stock?
Not on a public exchange — Fireworks 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.
How much is one Fireworks AI share?
A private company has no single official price. AXEVIL's consensus estimate is $61.65 per share as of 15 July 2026. Its most recent round implied a post-money valuation of $15.54B (July 2026).
When will Fireworks 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 Fireworks AI publicly traded?
No. Fireworks AI is a private company and its shares are not listed on any public exchange.
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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.