Velocity
Fireworks

Fireworks

AI infrastructure · inference · enterprise AI

Fireworks raises $1.5B Series D at $17.5B valuation as ARR hits $1B

July 16, 2026$1.5B · Series D

The raise reflects an industry-wide pivot from renting frontier AI models toward training cheaper, specialized ones on proprietary data.

Lead Investors

Atreides ManagementIndex VenturesTCV

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