CoreWeave (IPO)

Funding Details
Awarder
Inbox
Date Award
May 18, 2025
Vertical
Cloud Computing
Funding URL
View Funding Page
Premoney Valuation
$23,000,000,000
Valuation
$32,000,000,000

Company Info
Traction
CoreWeave generated $1.9 billion in revenue in 2024, a significant increase from $228.9 million in 2023, although it remains unprofitable with losses of $863 million in 2024.
Revenue Amount
$1,900,000,000
Organizations Involved
Nvidia, Microsoft, Cohere, Meta, Mistral
Founders
Michael Intrator, Brian Venturo, Brannin McBee
Company Description
CoreWeave runs an AI-specific cloud service from its network of 32 data centers that together have more than 250,000 Nvidia GPUs. The company has experienced significant revenue growth, primarily driven by its relationship with major clients like Microsoft.
Market
AI-specific cloud services
Location
USA

Links
Back to Home Back to Cloud Computing Deals View Funding Announcement