About CoreWeave
CoreWeave is a company based in Livingston (United States) founded in 2017 by Brannin Mcbee, Michael Intrator, and Marco Iodice.. CoreWeave has raised $2.37 billion across 13 funding rounds from investors including Fidelity Investments, Citi and Zoom. CoreWeave has completed 4 acquisitions, including Conductor Technologies, Core Scientific and OpenPipe. CoreWeave offers products and services including GPU Compute, CPU Compute, Storage Services, and Networking Services. CoreWeave operates in a competitive market with competitors including IBM, Hewlett Packard Enterprise, Oracle, Kingsoft Cloud and OVHcloud, among others.
- Headquarter Livingston, United States
- Founders Brannin Mcbee, Michael Intrator, Marco Iodice
- Stage Public
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Coreweave, Inc.
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Annual Revenue
$1.92 B736.64as on Dec 31, 2024
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Net Profit
$-863.45 M-45.42as on Dec 31, 2024
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EBITDA
$1.19 B1238.2as on Dec 31, 2024
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Total Equity Funding
$2.37 B (USD)
in 13 rounds
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Latest Funding Round
$650 M (USD), Debt – Conventional
Oct 11, 2024
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Investors
Fidelity Investments
& 30 more
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Employee Count
Employee Count
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Investments & Acquisitions
Conductor Technologies
& 3 more
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IPO & Listings of CoreWeave
CoreWeave is a publicly listed company on the NASDAQ with ticker symbol CRWV in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of CoreWeave
CoreWeave offers a comprehensive portfolio of products and services, including GPU Compute, CPU Compute, Storage Services, and Networking Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides high-performance GPUs for AI training and inference workloads.
Offers virtual and bare metal servers for general computing tasks.
Delivers flexible storage options for AI data management and access.
Ensures high-performance networking for AI cluster operations.
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Software Development Team
103 people
Leadership Team
32 people
Senior Team
29 people
Finance and Accounting
17 people
Sales and Marketing
14 people
Data Analysis and Operations Team
14 people
Human Resources and Administration
12 people
Operations Team
11 people
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Funding Insights of CoreWeave
CoreWeave has successfully raised a total of $2.37B across 13 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $650 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 13
- Last Round Debt – Conventional — $650.0M
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First Round
First Round
(25 Feb 2019)
- Investors Count 31
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Debt – Conventional - CoreWeave | Valuation |
investors |
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| May, 2024 | Amount | Debt – Conventional - CoreWeave | Valuation |
investors |
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| May, 2024 | Amount | Series C - CoreWeave | Valuation | Coatue |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CoreWeave
CoreWeave has secured backing from 31 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Fidelity Investments, Citi and Zoom. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Diversified investment management is provided across multiple asset classes.
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Founded Year | Domain | Location | |
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Provider of an investment platform for various stages
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CoreWeave
CoreWeave has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Conductor Technologies, Core Scientific and OpenPipe. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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LLM prompts are converted into models for product engineers.
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2023 | ||||
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AI and blockchain infrastructure plus software solutions are offered.
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2017 | ||||
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Machine learning model development and management solutions are provided.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CoreWeave
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Coreweave Comparisons
Competitors of CoreWeave
CoreWeave operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as IBM, Hewlett Packard Enterprise, Oracle, Kingsoft Cloud and OVHcloud, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Hybrid cloud and DevOps automation are delivered to enterprises.
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| domain | founded_year | HQ Location |
HPC solutions are delivered via supercomputers and storage systems.
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| domain | founded_year | HQ Location |
Hybrid cloud infrastructure solutions are delivered for business management.
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| domain | founded_year | HQ Location |
Hybrid cloud solutions are delivered to enterprises in diverse industries.
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| domain | founded_year | HQ Location |
Public cloud solutions and storage services are provided for applications.
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| domain | founded_year | HQ Location |
Hybrid cloud hosting solutions are offered for scalable infrastructure needs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Coreweave
Frequently Asked Questions about CoreWeave
When was CoreWeave founded?
CoreWeave was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is CoreWeave located?
CoreWeave is headquartered in Livingston, United States.
Who is the current CEO of CoreWeave?
Michael Intrator is the current CEO of CoreWeave. They have also founded this company.
Is CoreWeave a funded company?
CoreWeave is a funded company, having raised a total of $2.37B across 13 funding rounds to date. The company's 1st funding round was a Series C of $1.15B, raised on Feb 25, 2019.
What is the annual revenue of CoreWeave?
Annual revenue of CoreWeave is $1.92B as on Dec 31, 2024.
What does CoreWeave do?
CoreWeave was founded in 2017 and is headquartered in Livingston, United States. Operations focus on the cloud computing sector, with services centered on GPU and CPU compute, storage, and networking tailored for artificial intelligence applications. Managed services such as Kubernetes and Slurm are offered to support deployment and management of AI infrastructure. Tools for observability and cluster health are included to facilitate model training and inference processes.
Who are the top competitors of CoreWeave?
CoreWeave's top competitors include Kingsoft Cloud, Oracle and IBM.
What products or services does CoreWeave offer?
CoreWeave offers GPU Compute, CPU Compute, Storage Services, and Networking Services.
Is CoreWeave publicly traded?
Yes, CoreWeave is publicly traded on NASDAQ under the ticker symbol CRWV.
How many acquisitions has CoreWeave made?
CoreWeave has made 4 acquisitions, including Conductor Technologies, Core Scientific, and OpenPipe.
Who are CoreWeave's investors?
CoreWeave has 31 investors. Key investors include Fidelity Investments, Citi, Zoom, Nvidia, and Goldman Sachs.
What is CoreWeave's ticker symbol?
The ticker symbol of CoreWeave is CRWV on NASDAQ.
What is CoreWeave's valuation?
The valuation of CoreWeave is $2B as of May 2023.
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