Cerebras Systems

● Recently verified Last updated: May 14, 2026 Data last verified: May 22, 2026

Cerebras Systems: $26.6B valuation, IPO Readiness 74, Recent IPO. Filed S-1 with the SEC on April 2026 — IPO actively in progress. Track live on The IPO Stack.

Recent IPOSemiconductorspublic
74
/100
IPO Readiness Score
Grade B — Moderate IPO Readiness
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
Track Cerebras Systems →

AI chip company building the world's largest processors. IPO date confirmed May 14, 2026 on Nasdaq (CBRS). $3.5B raise target. Revenue $510M (+76% YoY), profitable at $87.9M net income.

Valuation
$26.6B
Total Funding
$3.4B
Stage
Recent IPO
Sector
Semiconductors
Headquarters
Sunnyvale, CA
CEO
Andrew Feldman
IPO Status
public

Funding History

Round Amount Date Lead Investors
Series H $1B Feb 2026 Growth Investors
Series D $250M Aug 2024 Abu Dhabi Growth Fund
Series C $250M Nov 2021 Abu Dhabi Growth Fund
Series B $112M Jul 2019 Benchmark, Eclipse Ventures
Series A $27M Dec 2016 Foundation Capital
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Track Cerebras Systems IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Cerebras Systems going public? +

Cerebras Systems is already a public company.

What is Cerebras Systems's current valuation? +

Cerebras Systems is valued at $26.6B as of August 2024. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Cerebras Systems before IPO? +

Cerebras Systems is already a public company. You can invest by purchasing shares on public stock exchanges.

What is Cerebras Systems's IPO Readiness Score? +

Cerebras Systems scores 74/100 (Grade: B) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

Has Cerebras Systems filed for an IPO? +

Yes — Cerebras Systems filed an S-1 registration statement with the SEC on April 17, 2026, indicating an active IPO process.

How much total funding has Cerebras Systems raised? +

Cerebras Systems has raised $3.4B in total venture capital and private equity funding, with backing from Growth Investors, Abu Dhabi Growth Fund, Benchmark.

Who are Cerebras Systems's key investors? +

Cerebras Systems's notable investors include Growth Investors, Abu Dhabi Growth Fund, Benchmark, Eclipse Ventures, Foundation Capital. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Cerebras Systems in? +

Cerebras Systems is a Semiconductors company. AI chip company building the world's largest processors. IPO date confirmed May 14, 2026 on Nasdaq (CBRS). $3.5B raise t.

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