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CEREBRAS SYSTEMS
Cerebras Systems
Semiconductors / AI compute · Sunnyvale, California · United States · Founded · 2015 · ≈ · 708 · employees

Cerebras Systems Company Profile

PublicCBRS-PERP · live

Cerebras Systems completed its IPO and trades on NASDAQ under the ticker CBRS. The last mark stands at $43.8B market cap.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Market stats · CBRS-PERP
CBRS-PERP · price
—
live
24h change
—
Funding · APR
—
charged every 1h
Max leverage
10x
USDC-M
Valuation history

Cerebras Systems valuation history

6 valuations. The latest, $43.8B market cap, was set by the Market Cap in Sep 2026.

$43.8B
Nov 2019
$2.4B
Series E · post-money
Nov 2021
$4B
Series F · post-money
+67% vs prior valuation
Sep 2025
$8.1B
Series G · post-money
+102% vs prior valuation
Jan 2026
$23B
Series H · post-money
+184% vs prior valuation
May 2026
$95B
IPO (Nasdaq: CBRS) · post-money
+313% vs prior valuation
Sep 2026
$43.8BLATEST
Market Cap · market cap
−54% vs prior valuation
Latest valuation
$43.8Bmarket cap
Set by the Market Cap · 2 Sep 2026
×18.3since the $2.4B Series E in Nov 2019
Valuations
6
Priced rounds with a valuation
Event type
Primary round
The Market Cap
Per-share view
Price per share on that round
Undated: Series C at —.
Funding history

Cerebras Systems funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series A
May 2016
$27M
—
Benchmark, Foundation Capital, Eclipse Ventures
—
Series E
Nov 2019
$270M
$2.4B
—
—
Series F
Nov 2021
$250M
$4B
Alpha Wave Ventures, Abu Dhabi Growth Fund
+66.7%
Series F-1
Sep 2024
$85M
—
—
—
Series G
Sep 2025
$1.1B
$8.1B
—
+102.5%
Series H
Jan 2026
$1B
$23B
Benchmark
+184.0%
IPO (Nasdaq: CBRS)
May 2026
$5.5B
$95B
—
+313.0%
Market Cap
Sep 2026
—
$43.8B
—
−53.9%
Series C
—
$60M
—
—
—
Cerebras Systems · investors

Investors

BBenchmarkLEADAAlpha Wave VenturesLEADAAbu Dhabi Growth FundLEADFFoundation CapitalLEADEEclipse VenturesLEADCoatue ManagementVVY CapitalAltimeter CapitalFFidelity InvestmentsG42
Is Cerebras Systems public?
Founded
2015
May 2016
Series A
Sep 2026
Market Cap · $43.8B
IPO
Public
Listed company.
Cerebras Systems at a glance
Last valuation$43.8B · market cap · Sep 2026
Total raised$8.3B
Lead investors
BenchmarkAlpha Wave VenturesAbu Dhabi Growth FundFoundation Capital
IPO statusPublic
Founded · HQ2015 · Sunnyvale, California · United States
Employees≈ 708
Price per share$185 / share
About Cerebras Systems

Cerebras Systems, headquartered in Sunnyvale, California, develops semiconductors, supercomputers, and related software to power artificial intelligence deep-learning applications such as inference engines. It was founded in 2015 by Andrew Feldman, Gary Lauterbach, Michael James, Sean Lie and Jean-Philippe Fricker.

Its main products are the wafer-scale engine processor and CS supercomputers, plus AI inference cloud and AI training cloud APIs that let customers access its computing power without buying hardware. At 215mm squared, its WSE-3 chip is the largest AI semiconductor ever built. Major customers include the Mohamed bin Zayed University of Artificial Intelligence, G42, OpenAI and Amazon Web Services.

The money screen · ranked by accessibility

How to get Cerebras Systems exposure today

Cerebras Systems stock — frequently asked questions

How can I get exposure to Cerebras Systems?›

The routes section explains what is realistically available for a company at this stage.

Is Cerebras Systems publicly traded?›

Yes. Cerebras Systems is listed on NASDAQ as CBRS.

What is Cerebras Systems's valuation?›

The last recorded market cap is $43.8B.

Who has invested in Cerebras Systems?›

Lead investors for each round are in the funding timeline.

Who are Cerebras Systems's competitors?›

The closest semiconductors / ai compute peers are on the competitors page.

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