Startup profile for CoreWeave: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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CoreWeave funding, valuation and investors

US-listed specialist GPU cloud operator delivering high-performance infrastructure for AI applications.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Not publicly disclosed

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

Not publicly disclosed

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

public

public · Livingston, New Jersey, United States

Source links not recorded Last verified: 2026-11-13T00:00:00.000Z

Overview

CoreWeave, Inc. (Nasdaq: CRWV) is a Livingston, New Jersey-based AI cloud infrastructure company founded in 2017. It provides GPU-focused compute, orchestration, storage and networking for AI training and inference. It became publicly traded in March 2025. Q3 2026 revenue totaled $3.661B, adjusted EBITDA about $2.26B, and GAAP net loss $709M. Its September 30, 2026 10-Q disclosed total indebtedness of $47.5B.

The company has used delayed-draw customer-contract-backed loans, convertible notes and conventional debt; management expects about $9B of customer prepayments and deposits in the next three months. Revenue backlog is conditional future service revenue, not cash on hand.

Why CoreWeave is interesting

CoreWeave's Q3 2026 revenue grew 168% to $3.66B and revenue backlog reached $132.5B, but its $47.5B total debt and $846M net quarterly interest expense make cash conversion and debt structure central to the investment case.

Product & use cases

CoreWeave Cloud Platform supplies high-performance GPU cloud clusters, automated scheduling, storage, Kubernetes and tools for model training and inference.

  • Training and inference for large AI foundation models.
  • Dedicated multi-year GPU capacity for AI and enterprise clients.

Key facts

  • Q3 2026 revenue $3.661B (+168%), revenue backlog $132.5B, subject to future delivery.
  • September 30, 2026 indebtedness $47.5B; Q3 GAAP net loss $709M despite adjusted EBITDA margin of 62%.
  • Closed $2.6B DDTL 5.5 loan in August and $4.2B convertible-note issue in September 2026.
  • About $9B customer prepayments expected in three months, not yet collected.

Competitive landscape

Edge: Specialized GPU cloud software and infrastructure deployment may improve economics, but asset intensity, customer concentration and debt are material risks.

  • Nebius direct

    Amsterdam-based public GPU cloud using customer prepayments.

  • Lambda direct

    GPU-cloud peer financed with secured debt.

  • AWS incumbent

    Diversified hyperscaler offering AI compute.

Industries

infra-cloud ai-ml

Market / IPO context

Ticker: CRWV (NASDAQ)

IPO status: public

IPO date: 2025-03-28

Editorial / static context — not a live quote.

FAQs about CoreWeave

Practical answers founders, operators, and investors typically search for.

No. It is potential future revenue under commitments that require delivery of service.
Adjusted EBITDA omits debt interest, depreciation and other charges that affect GAAP profit.
No, it was management's forecast as of the November 10 earnings release.
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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.