---
title: "Announcing our Series D and $1B ARR"
url: https://stacklist.com/card/693cba8f-867c-4d95-80e1-6b90d61edcd5
source_url: "https://fireworks.ai/blog/series-d-announcement"
stack: https://stacklist.com/c/finance/stack/f947deb3-cc46-4708-be70-b5d70fe6a5d3
summary: "Fireworks AI announced a $1.505 billion Series D round at a $17.5 billion valuation, led by Atreides Management, Index Ventures, and TCV, as the company surpasses $1 billion in annualized revenue. The funding will expand compute infrastructure and engineering to support the company's platform for building specialized AI trained on proprietary customer data."
tags: "series-d, fundraising, specialized-intelligence, inference, open-models, ai-infrastructure, venture-capital"
key_entities: "Fireworks AI (organization), Atreides Management (organization), Index Ventures (organization), TCV (organization), Lightspeed Venture Partners (organization), Nvidia (organization), Bessemer Venture Partners (organization), Menlo Ventures (organization), Evantic Capital (organization), 20VC (organization), Cursor (organization), Harvey (organization), Microsoft (organization), Hathora (organization), Series D Funding Round (event), specialized intelligence (concept), inference infrastructure (concept)"
classification: "memo"
content_hash: "sha256:c4251876397fc90d50796daafddb35206c8f35d20322d3c2f6e241ebbbb190a4"
acp_version: "0.2"
token_counts_approximate: 583
visibility: public
agent_accessible: true
status: "final"
---

# Announcing our Series D and $1B ARR

Announcing our Series D and $1B ARR Blog Series D Announcement Announcing our Series D and $1B ARR PUBLISHED 7/15/2026 Every company must own its intelligence Today, Fireworks announced a $1.505 billion Series D at a $17.5 billion valuation, led by Atreides Management, Index Ventures, and TCV, with participation from Evantic Capital, Lightspeed Venture Partners, Nvidia, 20VC, Bessemer Venture Partners, Menlo Ventures, and others. This milestone comes as Fireworks surpasses $1 billion in annualized revenue run rate and serves more than 40 trillion tokens every day. More than 95% of those tokens come from models specialized on customers' proprietary data and optimized for specific jobs. Companies are no longer renting general intelligence. They're building their own. The era of specialized intelligence Every business has proprietary knowledge: customer relationships, workflows, data, and expertise that no one else possesses. That knowledge is becoming its competitive advantage in AI. Fireworks helps companies transform general-purpose models into specialized intelligence trained on their own data and deliver it at scale on the top-performing inference stack. The result is AI tailored to each business, often delivering frontier-quality performance at a fraction of the cost. As open models rapidly approach the capabilities of closed frontier models, companies can now own, customize, and improve the intelligence behind their products instead of renting it. Building what's next From Cursor's coding models to Harvey's legal AI, companies across industries are building specialized intelligence with Fireworks. This funding lets us expand our compute infrastructure, grow our engineering team, and continue building the platform that helps companies own the intelligence powering their products and operations. We're grateful to our investors, our customers, and everyone helping build the future of specialized intelligence. If you'd like to join us on this journey, we're hiring . Related Posts Company News 4/6/2026 Own Your AI: Fireworks Training Preview Company News 3/8/2026 Introducing Fireworks on Microsoft Foundry: Bringing Best-in-Class Open Model inference to Azure Company News 3/8/2026 Fireworks Acquires Hathora to Accelerate Global Compute Orchestration Next