# Fireworks AI funding: rounds and investors > Fireworks AI has raised $1.7B across 3 rounds since 2025. Investors include Index Ventures, Sequoia Capital and Lightspeed Venture Partners. Source: https://millionrounds.com/company/fireworks-ai (Millionrounds; every figure on the page links to its filing or article) United States · [Series D startup](https://millionrounds.com/companies) # Who invested in *Fireworks AI* 3 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Construction Software Raised 1 month ago Valuation: $552M, Oct 2024 Follow Fireworks AI and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Ffireworks-ai) Funding summary Updated 5 Nov 2026 **$1.7B** raised across 3 rounds since 2025, from 7 sources **$230M** Series C **$1.5B** Series D - **Latest round:** Round Oct 2026 - **Biggest round:** $1.5B Series D · Jul 2026 - **Investors:** 13 (3 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2026 **$230M** Series C **$1.5B** Series D **?** Round - **First round:** Series C, $230M - **Biggest round:** $1.5B - **Usual gap between rounds:** 9 months ## The rounds - **Oct 2026** Round **Amount undisclosed** No investor was named in the report. Reported by Google News search - **Jul 2026** Series D **$1.5B** *9 new* *4 returning* [Index Ventures](https://millionrounds.com/fund/index-ventures) Lead [TCV](https://millionrounds.com/fund/tcv) Lead [Atreides Management](https://millionrounds.com/fund/atreides-management) Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) [NVIDIA](https://millionrounds.com/fund/nvidia) [20VC](https://millionrounds.com/fund/20vc) [Insight Partners](https://millionrounds.com/fund/insight-partners) [Ontario Teachers' Pension Plan](https://millionrounds.com/fund/ontario-teachers-pension-plan) [Lone Pine Capital](https://millionrounds.com/fund/lone-pine-capital) [Evantic Capital](https://millionrounds.com/fund/evantic-capital) Reported by Menlo Ventures and 4 others - **Oct 2025** Series C **$230M** *4 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Index Ventures](https://millionrounds.com/fund/index-ventures) [NVIDIA](https://millionrounds.com/fund/nvidia) Source recorded ## Founders and team From Fireworks AI's own website: 7 founders. **Lin Qiao** Co-Founder, CEO **Benny Chen** Co-Founder **Chenyu Zhao** Co-Founder **Dmytro Dzhulgakov** Co-Founder **Dmytro Ivchenko** Co-Founder **James Reed** Co-Founder **Pawel Garbacki** Co-Founder ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series C** 2025 **Series D** 2026 **Round** 2026 [Index Ventures](https://millionrounds.com/fund/index-ventures) L [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [NVIDIA](https://millionrounds.com/fund/nvidia) [TCV](https://millionrounds.com/fund/tcv) L [Atreides Management](https://millionrounds.com/fund/atreides-management) L [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) [20VC](https://millionrounds.com/fund/20vc) [Insight Partners](https://millionrounds.com/fund/insight-partners) ## Everyone who backed them [Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **2** rounds, led 1 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **2** rounds [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **2** rounds [NVIDIA](https://millionrounds.com/fund/nvidia) Company **2** rounds [TCV](https://millionrounds.com/fund/tcv) Private equity **1** round, led 1 [Atreides Management](https://millionrounds.com/fund/atreides-management) VC firm **1** round, led 1 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **1** round [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) VC firm **1** round [20VC](https://millionrounds.com/fund/20vc) VC firm **1** round [Insight Partners](https://millionrounds.com/fund/insight-partners) Company **1** round [Ontario Teachers' Pension Plan](https://millionrounds.com/fund/ontario-teachers-pension-plan) VC firm **1** round [Lone Pine Capital](https://millionrounds.com/fund/lone-pine-capital) Private equity **1** round [Evantic Capital](https://millionrounds.com/fund/evantic-capital) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=fireworks-ai). ## Also claim to have backed them These 5 firms list Fireworks AI as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [QuantumLight](https://millionrounds.com/fund/quantumlight) VC firm Per its own site [Lunar Ventures](https://millionrounds.com/fund/lunar-ventures) VC firm Per its own site [Artisanal Ventures](https://millionrounds.com/fund/artisanal-ventures) VC firm Per its own site [AI Grant](https://millionrounds.com/fund/ai-grant) Accelerator Per its own site [Original Capital](https://millionrounds.com/fund/original-capital) VC firm Per its own site ## Quick answers about Fireworks AI ### Who invested in Fireworks AI? Fireworks AI's investors include Index Ventures, Sequoia Capital, Lightspeed Venture Partners, NVIDIA and TCV, and 8 more on record. ### How much has Fireworks AI raised? Fireworks AI has raised $1.7B across 3 rounds since 2025. One round did not disclose an amount, so the total is a floor. ### When did Fireworks AI last raise? Fireworks AI's most recent round was in Oct 2026. ### What was Fireworks AI's biggest round? Fireworks AI's largest round on record is $1.5B (Series D), in Jul 2026, led by Index Ventures. ### Who backed Fireworks AI first? Fireworks AI's first round on record, in Oct 2025, was backed by Sequoia Capital, Lightspeed Venture Partners and Index Ventures and 1 others. ### What stage is Fireworks AI at? Fireworks AI's latest named round is a Series D, in Jul 2026. ### Where is Fireworks AI based? Fireworks AI is based in the United States. ### Who led Fireworks AI's rounds? Index Ventures led the Series D in 2026. ## Companies like Fireworks AI In the same sector, and raised in the last eighteen months. [**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app