Fireworks Raises $1.5 Billion Series D At $17.5 Billion Valuation As ARR Surpasses $1 Billion
By Amit Chowdhry ● Jul 16, 2026
Fireworks, a San Mateo-based platform for building and serving specialized AI models, has raised a $1.505 billion Series D at a $17.5 billion valuation. The round was led by Atreides Management, Index Ventures, and TCV, with participation from existing investors Evantic, Lightspeed Venture Partners, and NVIDIA. Additional investors in the round include 20VC, Bessemer Venture Partners, Insight Partners, Lone Pine Capital, Menlo Ventures, Ontario Teachers' Pension Plan, and others.