# CoreWeave

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coreweave

- Industry: IT Infrastructure
- Headquarters: Livingston, US
- Website: www.coreweave.com/
- Total disclosed funding: $1.6B
- Latest round: Series C (May 16, 2024)
- Investors on record: 8

## About

CoreWeave, Inc. is a US-based provider of GPU cloud computing solutions, specializing in services tailored for artificial intelligence workloads, empowering companies to manage complex AI infrastructure effectively. Founded in 2017 in Livingston, US, CoreWeave, Inc. provides cloud solutions focused on GPU computing. The company was established by Brannin McBee, Ferdinand Weiler, Harneet Kaur, and Marco Iodice. Ferdinand Weiler serves as the current CEO. In January 2026, CoreWeave, Inc. raised USD 2 billion in PIPE funding from returning investor NVIDIA Corporation. CoreWeave specializes in GPU cloud computing solutions designed specifically for artificial intelligence workloads. Their cloud platform includes high-performance GPU clusters optimized for training AI models and managing production applications. CoreWeave offers NVIDIA GPUs, including the GB300 NVL72 and the Blackwell RTX PRO 6000, which enhance AI application performance. Their clients include major players in the AI sector such as OpenAI and IBM, serving markets across North America, Europe, and Asia. The company’s revenue model is structured around B2B partnerships and subscriptions for scalable GPU compute resources, allowing clients to engage through tailored agreements that align with their computing requirements. The price ranged from USD 6.5 to USD 68. The company will use the January 2026 funding to expand its artificial intelligence infrastructure for training and high-performance computing.

## Funding rounds

- Series C, May 16, 2024, $1.1B — Blackstone Group, Magnetar Capital, Fidelity Investments, Coatue Management, Altimeter Capital, Jane Street Group, LLC, Lykos Global Management
- Series B, May 31, 2023, $200M — Magnetar Capital
- Series B, Apr 20, 2023, $221M — Magnetar Capital, NVIDIA Corporation

## Investors

- Magnetar Capital (https://capitalatlas.ai/funds/magnetar-capital) — Series B, Series C
- NVIDIA Corporation — Series B
- Blackstone Group (https://capitalatlas.ai/funds/blackstone-group) — Series C
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series C
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series C
- Altimeter Capital (https://capitalatlas.ai/funds/altimeter-capital) — Series C
- Jane Street Group, LLC — Series C
- Lykos Global Management — Series C