Founded Year

2022

Stage

Secondary Market | Alive

Total Raised

$307M

Valuation

$0000 

Last Raised

$20M | 22 days ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+100 points in the past 30 days

About Fireworks AI

Fireworks AI is a company that provides a generative AI platform as a service within the technology sector. The company focuses on product iteration and cost reduction for its clients. It was founded in 2022 and is based in Redwood City, California.

Headquarters Location

2317 Broadway Suite 150

Redwood City, California, 94063,

United States

650-870-7981

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ESPs containing Fireworks AI

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Development

The voice AI development platforms market provides tools, APIs, and infrastructure for building, testing, and deploying realistic conversational voice applications. These platforms enable developers to create human-like voice interactions with features such as real-time conversation, interruption handling, and low-latency processing. The market includes speech synthesis capabilities, voice recogni…

Fireworks AI named as Highflier among 15 other companies, including OpenAI, ElevenLabs, and Deepgram.

Fireworks AI's Products & Differentiators

    Reinforcement Fine-Tuning

    Improve model quality with reinforcement fine tuning.

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Research containing Fireworks AI

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Fireworks AI in 3 CB Insights research briefs, most recently on Nov 5, 2025.

Expert Collections containing Fireworks AI

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Fireworks AI is included in 3 Expert Collections, including Artificial Intelligence (AI).

A

Artificial Intelligence (AI)

20,894 items

G

Generative AI

2,951 items

Companies working on generative AI applications and infrastructure.

U

Unicorns- Billion Dollar Startups

1,309 items

Latest Fireworks AI News

Fireworks, Metropolis and Hippocratic AI Lead Funding Rounds

Nov 11, 2025

By PYMNTS  | November 10, 2025  | Artificial intelligence (AI) startups raised billions in new funding this week, with investors allocating capital to companies embedding intelligence into core business operations across enterprise infrastructure, healthcare and payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions . Δ Enterprise AI Infrastructure Fireworks AI raised $250 million  in Series C funding at a $4 billion valuation to expand its enterprise-ready AI platform. The company helps organizations use and customize large language models more efficiently, cutting both costs and delays in deploying them. Fireworks says its systems run open-source models up to 40 times faster and eight times cheaper than comparable commercial providers, processing over 10 trillion tokens a day for more than 10,000 clients. Its platform supports “compound AI systems,” which allow multiple models to work together to complete complex tasks. The round, co-led by Lightspeed and Index Ventures, signals growing investor interest in infrastructure that helps businesses scale AI in secure and affordable ways. Growth in Vertical AI Legora raised $150 million in Series C funding at a $1.8 billion valuation to modernize how law firms and corporate legal teams interact with clients. Its platform replaces email and shared drives with a secure online portal where clients can view documents, sign contracts and track updates in real time. The system allows firms to automate templates and maintain privacy standards while creating a consistent, branded client experience. Legora now serves over 400 legal teams in 40 countries, more than doubling its customer base since mid-2025, showing that even conservative industries are adopting AI-driven workflow tools. Beacon Software raised $250 million in Series B funding to expand its approach to upgrading older software used in everyday industries. Instead of building new products, Beacon acquires established software companies in sectors like logistics, education and recreation and integrates modern AI capabilities into their platforms. Advertisement: Scroll to Continue The company describes itself as an “AI-first modernization firm” that combines engineering with investment capital to help traditional businesses catch up with digital transformation. The new funding will support acquisitions and the development of shared tools that automate operations and bring analytics to previously manual processes. Metropolis Technologies secured $1.6 billion in a mix of equity and debt financing, including a $500 million Series D, valuing the company at about $5 billion. Metropolis uses AI and computer vision to automate payments in parking lots. Its system identifies vehicles and charges customers automatically, eliminating tickets and kiosks. The company operates in more than 4,200 locations and serves 50 million users. The funding will help expand into drive-thru restaurants, gas stations and retail sites as part of what it calls the “Recognition Economy,” where identity and vehicle recognition replace checkout lines. Healthcare Agentic AI and Neurotech In healthcare, Hippocratic AI raised $126 million in Series C funding at a $3.5 billion valuation led by Avenir Growth. The company designs generative AI assistants that help healthcare organizations handle administrative and patient-facing tasks safely. These assistants can schedule appointments, answer coverage questions or provide follow-up guidance, all under clinical oversight. Hippocratic AI reports more than 115 million patient interactions without a safety issue, a milestone that underscores its focus on reliability and compliance. Neurotechnology firm Synchron raised $200 million in Series D funding to advance its Stentrode brain-computer interface. Unlike traditional implants that require open-brain surgery, Synchron’s device is inserted through blood vessels, making it less invasive and safer for patients. The technology allows people with paralysis to control computers using their thoughts. The new capital will support large-scale production and clinical testing in New York and San Diego as the company moves toward commercial use. Recommended

Fireworks AI Frequently Asked Questions (FAQ)

  • When was Fireworks AI founded?

    Fireworks AI was founded in 2022.

  • Where is Fireworks AI's headquarters?

    Fireworks AI's headquarters is located at 2317 Broadway , Redwood City.

  • What is Fireworks AI's latest funding round?

    Fireworks AI's latest funding round is Secondary Market.

  • How much did Fireworks AI raise?

    Fireworks AI raised a total of $307M.

  • Who are the investors of Fireworks AI?

    Investors of Fireworks AI include Sequoia Capital, Lightspeed Venture Partners, Evantic Capital, NVIDIA, Index Ventures and 22 more.

  • Who are Fireworks AI's competitors?

    Competitors of Fireworks AI include CHAI, Bria, Baseten, OpenPipe, FlowiseAI and 7 more.

  • What products does Fireworks AI offer?

    Fireworks AI's products include Reinforcement Fine-Tuning and 2 more.

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