When was Fireworks founded?

Fireworks was founded in 2022 and became a unicorn in 2025, reaching the milestone in 3 years. It raised its 1st funding round 2 years after its incorporation.

Where is Fireworks located?

Fireworks is headquartered in Redwood City, United States.

Who is the current CEO of Fireworks?

Lin Qiao of Fireworks. They have also founded 1 company.

How many employees does Fireworks have?

As of Jun 30, 2026, the latest employee count at Fireworks is 263.

Is Fireworks a funded company?

Fireworks is a funded company, having raised a total of $1.81B across 4 funding rounds to date. The company's 1st funding round was a $25M Series A round, raised on Mar 27, 2024.

How much is Fireworks worth?

The latest valuation of Fireworks is $4B as of Oct 28, 2025.

When was the latest funding round of Fireworks?

Fireworks' latest funding was a $1.5B Series D round on Jul 16, 2026, with participation from 17 investors.

Is Fireworks a AI Infrastructure company?

The primary sectors of Fireworks are AI Infrastructure, Generative AI and Artificial Intelligence.

Where does Fireworks rank among its competitors?

Fireworks ranks 1st amongst 1642 active competitors, of which 112 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Braintrust, which secured $80M in Feb, 2026.

Who are the top competitors of Fireworks?

Fireworks' top competitors include Goodfire, Bria and Cartesia. Among them, Fireworks secured the most recent funding round in July, 2026.

Fireworks - 2026 Company Profile, Team, Funding & Competitors

Fireworks is a series D company based in Redwood City (United States), founded in 2022 by James Reed, Dmytro Ivchenko, Pawel Garbacki, Chenyu Zhao, Benny Yufei Chen, Dmytro Dima Dzhulgakov and Lin Qiao. It operates as a Generative AI platform as a service for accelerating product innovation and disruption. Fireworks has raised $1.81B in funding from investors like Lightspeed Venture Partners, Sequoia Capital and Index Ventures, with a current valuation of $4B. The company has 1642 active competitors, including 112 funded and 15 that have exited. Its top competitors include companies like Goodfire, Bria and Cartesia.

Sectors and market segments that Fireworks operate in

Fireworks serves in the High Tech, Native AI market segments.The primary business model of Fireworks are:

Company Details

Generative AI platform as a service for accelerating product innovation and disruption. It offers an open-source function calling model and fine-tuned versions of models like Llama 2 70B Chat and Mistral 7B Instruct.

Website: fireworks.ai
Social
Email ID: *****@fireworks.ai

Key Metrics

Founded Year

2022

Location

Redwood City, United States

Stage

Series D

Total Funding

$1.81B in 4 rounds

Latest Funding Round

Series D, Jul 16, 2026, $1.5B

Post Money Valuation

$4B as on Oct 28, 2025

Investors

Lightspeed Venture Partners & 13 more

Ranked

1^st among 1642 active competitors

Employee Count

263 as on Jun 30, 2026

Similar Companies

OpenAI & 2258 more

View Fireworks' full profile

Fireworks is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FIREWORKS.AI, INC. CIN: 7042188 , United States, Active	Sep 21, 2022	-	16 (As on Dec 31, 2023)	-

Fireworks has raised a total funding of $1.81B over 4 rounds. Its first funding round was on Mar 27, 2024. Its latest funding round was a Series D round on Jul 16, 2026 for $1.5B. 17 investors participated in its latest round. Fireworks has 10 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Fireworks:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 16, 2026	$1.5B	Series D	-	-	Atreides Management, Index Ventures, TCV	Evantic, Lightspeed Venture Partners, Nvidia, 20VC Fund, Bessemer Venture Partners, Insight Partners, Lone Pine Capital, Menlo Ventures, Operator Collective, Ontario Teachers' Pension Plan, Original Capital, Prysm Capital, Quantum Capital, Time Ventures
Oct 28, 2025	$230M	Series C	$4B	-	Lightspeed Venture Partners, Index Ventures	Sequoia Capital, evanticcapital.com
Jul 11, 2024	$52M	Series B	-	-	Sequoia Capital	Nvidia, MongoDB, AMD, Databricks, Frank Slootman, Howie Liu, Alexandr Wang, Benchmark, Sheryl Sandberg

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View details of Fireworks's funding rounds and investors

The founders of Fireworks are James Reed, Dmytro Ivchenko, Pawel Garbacki, Chenyu Zhao, Benny Yufei Chen, Dmytro Dima Dzhulgakov and Lin Qiao. Lin Qiao is the CEO of Fireworks.

Here are the details of Fireworks' key team members:

James Reed: Co-Founder of Fireworks.
Contact Info: 1 email address
Dmytro Ivchenko: Co-Founder of Fireworks.
Contact Info: 1 email address
Pawel Garbacki: Co-Founder of Fireworks.
Contact Info: 1 email address
Chenyu Zhao: Co-Founder of Fireworks.
Contact Info: 1 email address
Benny Yufei Chen: Co-Founder of Fireworks.
Contact Info: 1 email address

View details of Fireworks's Founder profiles and Board Members

Fireworks' employee count trend

Fireworks has 263 employees as of Jun 26. Here is Fireworks's employee count trend over the years:

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Top competitors of Fireworks include Goodfire, Bria and Cartesia. Here is the list of Top 10 competitors of Fireworks, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fireworks 2022, Redwood City (United States), Series D	Generative AI platform as a service for accelerating product innovation and disruption	$1.81B	Index Ventures, Lightspeed Venture Partners ... & 12 others	72/100
2nd	Goodfire 2024, San Francisco (United States), Series B	Interpretability tooling for generative AI models	$209M	Menlo Ventures, Lightspeed Venture Partners ... & 12 others	71/100
3rd	Bria 2020, Tel Aviv (Israel), Series B	Provider of licensed data-trained AI platform for visual content generation	$65M	Intel Capital, GFT Ventures & 13 others	68/100
4th	Cartesia 2023, San Francisco (United States), Series A	Provider of real-time text-to-speech API with AI laughter and emotion	$86M	Index Ventures, Kleiner Perkins & 10 others	67/100
5th	Arcee.ai 2023, Miami (United States), Series A	Platform to train, and deploy language models	$29.5M	Prosperity7 Ventures, Emergence Capital & 7 others	62/100
6th	SiliconFlow 2023, Beijing (China), Unfunded	AI infrastructure platform to accelerate Artificial General Intelligence	-	-	61/100
7th	Braintrust 2023, San Francisco (United States), Series B	Provider of an AI observability platform for building quality AI products	$121M	Iconiq Capital, Andreessen Horowitz & 15 others	61/100
8th	Predibase 2020, San Francisco (United States), Acquired	Provider of a low-code and cloud-based AI application development platform	$28.4M	Greylock Partners, Felicis Ventures & 7 others	61/100
9th	MiniMax 2022, Singapore (Singapore), Public	Developer of AI models for text, speech, video, and music generation	$1.15B	Alibaba Group, Tencent & 7 others	61/100
10th	Sema4 2024, Atlanta (United States), Series A	Developer of a platform for building and managing enterprise AI agents	$55.5M	Rocketship, MVP Ventures & 5 others	61/100