Private Market View

Fireworks AI

Redwood City, CA · Founded 2022 · Privately Held (backing)

PA Mark · $/share
$62
Sep 2026
Implied valuation
$17.5B
Total raised
$327.0M
Last round
Later Stage VC (Series D)
Jul 2026
What is Fireworks AI worth?
$17.5Bimplied by the PA Mark · Sep 2026

Fireworks AI last raised $1.5B in its Later Stage VC (Series D) (Jul 2026).

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Valuation timeline

5 marks · Jan 2024 – Sep 2026
Early Stage VC (Series A)3 roundsPA Mark
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Funding history

4 rounds
DateRoundRaisedPost-money
Jul 2026Later Stage VC (Series D)$1.5B
Oct 2025Later Stage VC (Series C)$250.0M
Aug 2024Early Stage VC (Series B)$52.0M
Jan 2024Early Stage VC (Series A)$25.0M

How Fireworks AI's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Fireworks AI, we compose those signals into the PA Mark — a weighted composite of 1 recent pricing inputs, decayed by age and reset on new rounds. The implied valuation multiplies the mark by shares outstanding. Full methodology →

Frequently asked

What is Fireworks AI worth?
Fireworks AI's implied valuation is $17.5B, based on the PA Mark composite price of about $62 per share as of Sep 2026.
How much has Fireworks AI raised?
Fireworks AI has raised $327.0M in total funding across 4 recorded rounds.
When did Fireworks AI last raise?
Fireworks AI last raised in Jul 2026 (Later Stage VC (Series D)), raising $1.5B.