Skip to content
Defdex

Startup

Cerebras Systems

Develops computing infrastructure for AI inference.

Startup
Website
Total raised
~$10.22B
11 rounds
Last round
$5.55B
IPO · May 13, 2026

Funding11 rounds · ~$10.22B

Disclosed
~$10.22B
Latest
$5.55BIPO · May 13, 2026
Cumulative raised$9.05B
Dec 19, 2016May 13, 2026
Valuation over time$40.00B · May 13, 2026
Valuation over timeReported valuation rose from $2.40B (Nov 27, 2019) to $40.00B (May 13, 2026) across 5 valued rounds. 3 post-money, 2 without a stated pre/post basis.
Valuations by round
AnnouncedStageValuationBasis
Nov 27, 2019Series E+$2.40BPost-money
Nov 10, 2021Series E+$4.00BBasis not stated
Sep 30, 2025Series E+$8.10BPost-money
Feb 3, 2026Series E+$23.00BPost-money
May 13, 2026IPO$40.00BBasis not stated

Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.

Sources19

Profile2

  1. 1
    DatabaseSixth-Domain public startup directory

    Sixth-Domain · Supports Organization · kind

    “{"group": "startups", "id": "ffdcafb2-0d5c-4887-803b-17492b09aa44", "name": "Cerebras Systems"}”
  2. 2
    CompanyCerebras

    Cerebras Systems · Supports Organization · description, Organization · name, Organization · website

    “Introducing the all new Cerebras CS-4, a revolutionary rack-scale solution that delivers up to 30x faster inference compared to GPUs. Designed to be deployed at hyperscale, CS-4 is the world’s fastest infrastructure for frontier AI.​”

Funding17

  1. 3
    NewsFor Eclipse, the $2.5B Cerebras win is just the start of realizing its physical-world thesis

    TechCrunch · May 17, 2026 · Supports Funding round

    “The firm’s $6.5 million Series A investment in Cerebras Systems in 2016”
  2. 4
    NewsAI Chipmaker Cerebras Expects $185 IPO Price, Above Marketed Range

    Bloomberg · May 13, 2026 · Supports Funding round · amount

    “raised $5.55 billion in its US initial public offering”
  3. 5
    NewsOpenAI's cozy partner Cerebras is on track for a blockbuster IPO

    TechCrunch · May 4, 2026 · Supports Funding round · amount

    “OpenAI loaned Cerebras $1 billion, secured by warrants”
  4. 6
    CompanyCerebras Systems Closes $850 Million Revolving Credit Facility

    Cerebras · Apr 15, 2026 · Supports Funding round · amount

    “announced the closing of a new five-year syndicated revolving credit facility for up to $850 million”
  5. 7
    NewsBenchmark raises $225M in special funds to double down on Cerebras

    TechCrunch · Feb 6, 2026 · Supports Funding round · amount

    “led the startup’s $27 million Series A in 2016”
  6. 8
    CompanyCerebras Raises $1 Billion Series H at $23 Billion Valuation

    Cerebras · Feb 3, 2026 · Supports Funding round, Funding round · amount, Funding round · post money valuation usd

    “The round was led by Tiger Global”
  7. 9
    CompanyCerebras Raises $1.1 Billion at $8.1 Billion Valuation

    Cerebras · Sep 30, 2025 · Supports Funding round, Funding round · amount, Funding round · post money valuation usd

    “The round was led by Fidelity Management & Research Company and Atreides Management”
  8. 10
    NewsArtificial Intelligence Chip Startup Nabs $4 Billion Valuation

    Bloomberg · Nov 10, 2021 · Supports Funding round, Funding round · amount, Funding round · post money valuation usd

    “contributed by Alpha Wave Ventures and Abu Dhabi Growth Fund”
  9. 11
    NewsCerebras Raises Approx. $25M in Funding

    FinSMEs · Dec 27, 2016 · Supports Funding round · amount

    “reportedly raised approx. $25m in funding”
  10. 12
    DatabaseCerebras Systems - Crunchbase company profile

    Crunchbase · Supports Funding round

    “Funding Type Debt Financing”
  11. 13
    DatabaseCerebras Systems - Crunchbase company profile

    Crunchbase · Supports Funding round

    “Funding Type Series C”
  12. 14
    DatabaseCerebras Systems - Crunchbase company profile

    Crunchbase · Supports Funding round

    “Funding Type Series D”
  13. 15
    DatabaseCerebras Systems - Crunchbase company profile

    Crunchbase · Supports Funding round

    “Funding Type Series E”
  14. 16
    DatabaseCerebras Systems - Crunchbase company profile

    Crunchbase · Supports Funding round

    “Funding Type Series F”
  15. 17
    NewsCerebras Drops 12% Post Q2 Earnings: Buy the Stock on the Dip?

    Yahoo Finance · Supports Funding round · post money valuation usd

    “The pricing gives Cerebras an implied market value of about $40 billion”
  16. 18
    DatabaseCerebras Systems - Tracxn company profile

    Tracxn · Supports Funding round, Funding round · post money valuation usd

    “Dec 19, 2016 | $25M | Series B”
  17. 19
    DatabaseCerebras Systems - Seedtable company profile

    Seedtable · Supports Funding round

    “Cerebras Raises 60.0M USD in Series C Funding”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.