Fireworks AI

About Fireworks AI

Financials

Dated, source-cited figures. Estimates are marked.

Products by Fireworks AI

All products by Fireworks AI reviewed by our AI panel of experts.

Fireworks AILLM Platforms

Developer platform for deploying and running AI models at production scale

Free8.0/10

How Our Review Panel Scores Fireworks AI

Six independent reviewer personalities assessed Fireworks AI's product on their own terms. They landed within 0.6 points of each other, an unusually strong consensus.

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Fireworks AI competes with, and how they differ.

Together AI8.0/10

Broadest direct overlap: also runs an open-source inference cloud with fine-tuning, dedicated endpoints, and its own GPU cluster business at comparable enterprise scale.

1 product reviewed on TopReviewed

Baseten8.0/10

Focuses on deploying custom and fine-tuned models with heavier MLOps tooling around the serving layer, versus Fireworks' emphasis on a broad hosted open-model catalog.

1 product reviewed on TopReviewed

Groq7.7/10

Differentiates on hardware: custom LPU chips for ultra-low-latency inference on a narrower set of models, rather than Fireworks' GPU-based, broader model catalog.

1 product reviewed on TopReviewed

Replicate8.0/10

Simpler API-first model hosting aimed more at individual developers and prototyping, with a smaller enterprise/dedicated-capacity focus than Fireworks.

1 product reviewed on TopReviewed

Anyscale8.0/10

Built on the Ray distributed-compute framework; positions more around large-scale training and general ML infrastructure than as a pure inference-serving competitor.

1 product reviewed on TopReviewed

Company Timeline

Key milestones in Fireworks AI's history, with sources.

1. Jul 15, 2026Funding

   Series D — $1.5B led by Atreides Management, Index Ventures, and TCV at $17.5B valuation

   Round arrives as Fireworks crosses $1B in annualized revenue run rate, up fivefold year-over-year, with daily token volume growing to more than 40 trillion.

   fireworks.ai
2. Mar 11, 2026Partnership

   Public preview of Fireworks AI on Microsoft Foundry launched on Azure

   Multi-year partnership brings first-party, high-performance open-model inference into Azure via a single Foundry endpoint.

   azure.microsoft.com
3. March 2026Acquisition

   Acquired Hathora, a real-time game-server orchestration startup

   Talent-and-infrastructure acquisition; Hathora's container orchestration across 14 regions and multiple cloud/bare-metal providers strengthens Fireworks' global low-latency compute layer for inference.

   siliconangle.com
4. Nov 6, 2025Funding

   Series C — $250M led by Lightspeed Venture Partners, Index Ventures, and Evantic at $4B valuation

   Existing investor Sequoia Capital also participated; total funding to date reached $327M.

   orrick.com
5. Jul 11, 2024Funding

   Series B — $52M led by Sequoia Capital at $552M valuation

   NVIDIA, AMD, and MongoDB Ventures also participated; the platform processed 140B tokens daily at announcement, up from ~1,000 customers.

   fireworks.ai
6. March 2024Funding

   Series A — $25M led by Benchmark

   Sequoia Capital and angel investors including former Snowflake CEO Frank Slootman also participated; Benchmark general partner Eric Vishria joined the board.

   techcrunch.com
7. October 2022Founded

   Founded by seven former Meta PyTorch engineers led by Lin Qiao

   Team that built and led PyTorch/Caffe2 at Meta left to build a production inference platform for open-source AI models; headquartered in Redwood City, CA.

   research.contrary.com