Company intelligence

CoreWeave

CoreWeave is a cloud infrastructure provider built specifically for GPU-intensive AI workloads, one of the first AI-infrastructure companies to IPO.

AI infraPublic · CRWVLivingston, New Jersey, USAFounded 2017Founders: Michael Intrator, Brian Venturo, Brannin McBeePublic companyWebsite ↗
Last verified Mar 2025

Key Metrics

Total funding
~$7.65B raised privately before IPO
As of Mar 2025Wikipedia

Some figures are withheld while sources disagree — see Sources & methodology.

Company Snapshot

CoreWeave is a AI infra company, based in Livingston, New Jersey, USA, founded 2017 by Michael Intrator, Brian Venturo, Brannin McBee. Total funding ~$7.65B raised privately before IPO (As of Mar 2025).

Recent changes

  1. Sep 22, 2026Raised $4.2B The Information
  2. Sep 22, 2026CoreWeave Upsizes Convertible Debt Sale To $4.2 Billion Pulse story
  3. Sep 17, 2026Raised $3B Convertible notes Bloomberg
  4. Sep 17, 2026CoreWeave Launches $3B Convertible Bond, New ATM Program Pulse story
  5. Aug 27, 2026CoreWeave Surges 20% on a $104B Revenue Backlog Pulse story
Earlier changes (2)
  1. Aug 12, 2026CoreWeave, Nebius Stocks Rally Hard on Blowout AI Demand Pulse story
  2. Mar 2025First reported total funding: ~$7.65B raised privately before IPO Wikipedia

Funding History

2 events · sources dated per row
DateEventAmountValuationInvestorsSource
Sep 22, 2026debt$4.2B—
The Information
Sep 17, 2026Convertible notes$3B—
Pulse story
Market cap
$0M$27B$54B2026-09
Underlying values
As ofValueMethodSource
Sep 5, 2026$49.28BReportedcompaniesmarketcap.com · disputed
Sep 2026~$44B (Sept 2026)EstimatedValue Add Pulse research · disputed

Latest Pulse

  1. BlackRock-Led Group Nears $25B Asia Data Center DealA BlackRock- and IFM-backed consortium is in exclusive talks to buy Stack Infrastructure's Tokyo, Osaka, Sydney and Melbourne data centers from Blue Owl Capital, in a deal that could value the portfolio at $20 billion to $25 billion.→
  2. Wall Street's GPU Futures Push Stalls At CFTCCME Group's plan to launch futures on Nvidia GPU rental prices by early October has stalled after the CFTC extended its review by 45 days to November 9, citing concerns about manipulation in the fragmented GPU rental market.→
  3. Crusoe Lands $65M-A-Year Deal With Mira Murati's LabCrusoe and Thinking Machines Lab signed a $65 million annual deal to run inference for the lab's models on dedicated Nvidia HGX B200 systems, pushing Crusoe's managed-inference business past $100 million in contracted annual revenue.→
  4. CoreWeave Upsizes Convertible Debt Sale To $4.2 BillionCoreWeave completed an upsized $4.2 billion offering of 2.875% convertible senior notes due 2033, well above its original $3 billion target, spending roughly $566 million on capped-call hedges to limit future equity dilution.→
  5. Verda Raises $189M, Becomes A Billion-Dollar AI CloudVerda, the Helsinki-based AI cloud company formerly known as DataCrunch, raised $189 million led by Emergence Capital and said it is now valued at more than $1 billion.→
  6. A Rare Quiet Week For AI MegadealsPulse's funding tracker shows a noticeably lighter week for AI mega-rounds after weeks of multibillion-dollar infrastructure raises, with fresh capital instead spreading across smaller, narrower bets like a $25M SMB insurance brokerage.→
  7. Nscale Files For NYSE IPO Behind $103B AI BacklogNscale filed its S-1 for a New York Stock Exchange listing under ticker NSCL, disclosing $103.4 billion in contracted AI-compute revenue after Anthropic signed a $45 billion capacity deal in August.→
  8. OpenAI Projects $278B Cash Burn, Eyes $1.2T ValuationOpenAI projects it will burn through $278 billion in cash by 2030 funding its compute buildout, even as it holds early talks with investors on a new round that could value the company above $1.2 trillion.→
  9. AI Infrastructure Financing Just Broke Its Own CeilingCrusoe's $3.9B raise and Bain Capital Ventures' $1.6B 'post-AGI' fund landed in the same 24 hours, and both are the same bet: the compute and services layer under AI is where the money is actually going now.→
  10. This Week Alone Nearly Matched A Month Of AI Infra CapitalCrusoe's $3.9B raise and CoreWeave's roughly $6B combined debt-and-equity push this week total nearly $10B, against Pulse's own tracker showing $129.9B across 347 startup deals over the past 17 weeks.→

Coverage Timeline

newest first
  1. Sep 22, 2026FUNDINGCoreWeave Upsizes Convertible Debt Sale To $4.2 Billion$4.2B convertible notes→
  2. Sep 18, 2026FUNDINGThis Week Alone Nearly Matched A Month Of AI Infra Capital→
  3. Sep 17, 2026FUNDINGCoreWeave Launches $3B Convertible Bond, New ATM Program$3B convertible notes + $2.9B ATM→
  4. Aug 27, 2026IPOCoreWeave Surges 20% on a $104B Revenue Backlog$104B revenue backlog→
  5. Aug 18, 2026AICoreWeave Sinks 12% as AI-Infra Debt Meets Rising Rates→
  6. Aug 12, 2026BIG TECHCoreWeave, Nebius Stocks Rally Hard on Blowout AI DemandCRWV +19%, NBIS +34%→
  7. Aug 12, 2026AICoreWeave Revenue More Than Doubles, Stock Jumps 18%→
  8. Jul 30, 2026AICoreWeave Jumps on Leidos Deal for Classified Federal AI Cloud→

All Coverage

FUNDING

CoreWeave Upsizes Convertible Debt Sale To $4.2 Billion

CoreWeave Upsizes Convertible Debt Sale To $4.2 Billion logo
FUNDING$4.2B convertible notes

CoreWeave Upsizes Convertible Debt Sale To $4.2 Billion

CoreWeave completed an upsized $4.2 billion offering of 2.875% convertible senior notes due 2033, well above its original $3 billion target, spending roughly $566 million on capped-call hedges to limit future equity dilution.

DEEP DIVE
FUNDING

This Week Alone Nearly Matched A Month Of AI Infra Capital

Illustration for: This Week Alone Nearly Matched A Month Of AI Infra Capital
FUNDING

This Week Alone Nearly Matched A Month Of AI Infra Capital

Crusoe's $3.9B raise and CoreWeave's roughly $6B combined debt-and-equity push this week total nearly $10B, against Pulse's own tracker showing $129.9B across 347 startup deals over the past 17 weeks.

BY THE NUMBERS
FUNDING

CoreWeave Launches $3B Convertible Bond, New ATM Program

CoreWeave Launches $3B Convertible Bond, New ATM Program logo
FUNDING$3B convertible notes + $2.9B ATM

CoreWeave Launches $3B Convertible Bond, New ATM Program

CoreWeave is raising up to $3.5 billion via convertible notes due 2033 and opened a 35 million-share ATM program, pushing toward an investment-grade credit profile to fund its AI data-center buildout.

DEEP DIVE
IPO

CoreWeave Surges 20% on a $104B Revenue Backlog

CoreWeave Surges 20% on a $104B Revenue Backlog logo
IPO$104B revenue backlog

CoreWeave Surges 20% on a $104B Revenue Backlog

CoreWeave's stock jumped roughly 20% after second-quarter revenue nearly doubled from a year earlier to $2.58 billion and the company disclosed a $104 billion revenue backlog anchored by AI cloud demand.

DEEP DIVE
AI

CoreWeave Sinks 12% as AI-Infra Debt Meets Rising Rates

CoreWeave Sinks 12% as AI-Infra Debt Meets Rising Rates logo
AI

CoreWeave Sinks 12% as AI-Infra Debt Meets Rising Rates

CoreWeave fell 12.1% Tuesday as the 30-year Treasury yield hit 5.32%, its highest since early 2024, spotlighting a company financing multibillion-dollar data centers with debt whose interest cost -- and whose discount rate on future cash flows -- both rise with yields.

DEEP DIVE
BIG TECH

CoreWeave, Nebius Stocks Rally Hard on Blowout AI Demand

CoreWeave, Nebius Stocks Rally Hard on Blowout AI Demand logo
BIG TECHCRWV +19%, NBIS +34%

CoreWeave, Nebius Stocks Rally Hard on Blowout AI Demand

CoreWeave shares rose 19% and Nebius jumped 34% after both neocloud companies reported results showing surging AI compute demand, with CoreWeave's backlog reaching $104 billion and Nebius's run rate up 598%.

FOLLOW-UP
AI

CoreWeave Revenue More Than Doubles, Stock Jumps 18%

CoreWeave Revenue More Than Doubles, Stock Jumps 18% logo
AI

CoreWeave Revenue More Than Doubles, Stock Jumps 18%

CoreWeave reported second-quarter revenue of $2.6 billion, up 112% year-over-year, and raised its full-year guidance on a backlog that has swelled past $104 billion, sending shares up 18% in premarket trading.

DEEP DIVE
AI

CoreWeave Jumps on Leidos Deal for Classified Federal AI Cloud

CoreWeave Jumps on Leidos Deal for Classified Federal AI Cloud logo
AI

CoreWeave Jumps on Leidos Deal for Classified Federal AI Cloud

CoreWeave shares rallied after the company announced a partnership with government contractor Leidos to deliver AI cloud services inside classified, SCIF-accredited data centers for the US intelligence community and Department of War.

Value Add Research

Related Companies

More on CoreWeaveAI Buildout Tracker →Big Tech AI Spending →AI Valuations →

CoreWeave FAQ

How much has CoreWeave raised?

CoreWeave has raised ~$7.65B raised privately before IPO in total funding (As of Mar 2025, Wikipedia).

Is CoreWeave publicly traded?

Yes. CoreWeave trades under the ticker CRWV.

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

Withheld from the headline: market cap — sources disagree for the same period and a review is pending.

How we verify data · Suggest a correction