Diligence memo · auto-generated · as of July 2, 2026
CoreWeave, Inc.
CoreWeave, Inc. looks over-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
CoreWeave, Inc. operates in AI / ML, based in Roseland. CoreWeave is the force multiplier that empowers pioneers with momentum, magnitude, and mastery—enabling them to innovate with confidence. Explore the #1 AI Cloud.
Sub-sector tags: ai/ml, devtools.
Capital & rounds (filed)filed
CoreWeave, Inc. has raised $1.2B in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $1.1B on 2024-05-16.
Most recent recorded round closed around 2024-05-16.
Valuation (modeled)modeled
Provath models CoreWeave, Inc. at approximately $17.7B (range $8.8B–$22.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.76× the median modeled value of Growth/Late AI / ML companies in 2022–2024 (5 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 13 months.
Last raise 2.1 yr ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 261.9× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 100% of AI / ML peers (2067 compared).
Modeled value ranks above 100% of those peers.
Closest niche peers: SMG Aggregator, LLC, Figma, Inc., Clinigence Holdings, Inc., Envisionit Deep AI.
Peoplefiled
13 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.