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Firmus valuation, funding and investors

Firmus works in AI infrastructure design and deployment, based in St Leonards, Australia. Founded in 2019, it has about 128 employees.

Tech Companies St Leonards Growth Equity
VALUATION · TODAY
$10.64B +2% after Growth
Range $9.13B – $12.85B · Grade A
TODAY
+12 MO
$5.00B
$10.00B
$15.00B
2020
2021
2022
2023
2024
2025
2026
2027
Growth $327M
Growth $505M
Growth $2.00B
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY128 employees
+121%6m growth
+121%1y growth
+288%2y growth
50
100
150
Data from Mar 2022
TODAY
Predicted in 1 yr $10.88B +2% vs today
Predicted next raise $1.20B if a round comes
Winding-down probability 35%
Last round
Growth · $2.00B · Aug 2026
Valuation at last round
$10.50B
Headcount
128 · growing
Grade
A
Founded
2019
How VCMC values companies →

Firmus valuation today

VCMC values Firmus at $10.6B today, with a range of $9.1B to $12.8B and a grade of A. The valuation starts from its last funding round, a growth round in Aug 2026.

Valuation by date (98 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Firmus: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2019$4.84M$1.76M – $13.3M$5.97M (+24%)before first round–unknownD0%
1 Feb 2019$4.97M$1.81M – $13.6M$6.03M (+21%)before first round–unknownD0%
1 Mar 2019$5.09M$1.85M – $14.0M$6.08M (+19%)before first round–unknownD0%
1 Apr 2019$5.23M$1.90M – $14.4M$6.14M (+17%)before first round–unknownD0%
1 May 2019$5.36M$1.95M – $14.7M$6.19M (+15%)before first round–unknownD0%
1 Jun 2019$5.51M$2.01M – $15.1M$6.25M (+13%)before first round–unknownD0%
1 Jul 2019$5.65M$2.06M – $15.5M$6.30M (+11%)before first round–unknownD0%
1 Aug 2019$5.71M$2.08M – $15.7M$6.36M (+11%)before first round–unknownD0%
1 Sep 2019$5.76M$2.10M – $15.8M$6.42M (+11%)before first round–unknownD0%
1 Oct 2019$5.81M$2.12M – $16.0M$6.48M (+11%)before first round–unknownD0%
1 Nov 2019$5.87M$2.14M – $16.1M$6.54M (+11%)before first round–unknownD0%
1 Dec 2019$5.92M$2.16M – $16.3M$6.59M (+11%)before first round–unknownD0%
1 Jan 2020$5.97M$2.18M – $16.4M$6.65M (+11%)before first round–unknownD0%
1 Feb 2020$6.03M$2.20M – $16.6M$6.72M (+11%)before first round–unknownD0%
1 Mar 2020$6.08M$2.21M – $16.7M$6.77M (+11%)before first round–unknownD0%
1 Apr 2020$6.14M$2.23M – $16.9M$6.84M (+11%)before first round–unknownD0%
1 May 2020$6.19M$2.25M – $17.0M$6.90M (+11%)before first round–unknownD0%
1 Jun 2020$6.25M$2.27M – $17.2M$6.96M (+11%)before first round–unknownD0%
1 Jul 2020$6.30M$2.30M – $17.3M$7.02M (+11%)before first round–unknownD0%
1 Aug 2020$6.36M$2.32M – $17.5M$7.09M (+11%)before first round–unknownD0%
1 Sep 2020$6.42M$2.34M – $17.6M$7.15M (+11%)before first round–unknownD0%
1 Oct 2020$6.48M$2.36M – $17.8M$7.21M (+11%)before first round–unknownD0%
1 Nov 2020$6.54M$2.38M – $18.0M$7.28M (+11%)before first round–unknownD0%
1 Dec 2020$6.60M$2.40M – $18.1M$7.34M (+11%)before first round–unknownD0%
1 Jan 2021$6.65M$2.42M – $18.3M$7.41M (+11%)before first round–unknownD0%
1 Feb 2021$6.72M$2.44M – $18.4M$7.47M (+11%)before first round–unknownD0%
1 Mar 2021$6.77M$2.46M – $18.6M$7.52M (+11%)before first round–unknownD0%
1 Apr 2021$6.83M$2.49M – $18.8M$7.57M (+11%)before first round–unknownD0%
1 May 2021$6.89M$2.51M – $18.9M$7.63M (+11%)before first round–unknownD0%
1 Jun 2021$6.96M$2.53M – $19.1M$7.69M (+10%)before first round–unknownD0%
1 Jul 2021$7.02M$2.56M – $19.3M$7.74M (+10%)before first round–unknownD0%
1 Aug 2021$7.08M$2.58M – $19.5M$7.80M (+10%)before first round–unknownD0%
1 Sep 2021$7.15M$2.60M – $19.6M$7.86M (+10%)before first round–unknownD0%
1 Oct 2021$7.21M$2.63M – $19.8M$7.92M (+10%)before first round–unknownD0%
1 Nov 2021$7.28M$2.65M – $20.0M$7.97M (+10%)before first round–unknownD0%
1 Dec 2021$7.34M$2.67M – $20.2M$8.03M (+9%)before first round–unknownD0%
1 Jan 2022$7.41M$2.70M – $20.4M$8.09M (+9%)before first round–unknownD0%
1 Feb 2022$7.47M$2.72M – $20.5M$8.15M (+9%)before first round–unknownD0%
1 Mar 2022$7.44M$2.71M – $20.4M$8.12M (+9%)before first round15unknownD0%
1 Apr 2022$7.49M$2.73M – $20.6M$8.19M (+9%)before first round15unknownD0%
1 May 2022$7.55M$2.75M – $20.7M$8.25M (+9%)before first round15unknownD0%
1 Jun 2022$7.61M$2.77M – $20.9M$8.31M (+9%)before first round15unknownD0%
1 Jul 2022$7.66M$2.79M – $21.0M$8.37M (+9%)before first round15unknownD0%
1 Aug 2022$7.72M$2.81M – $21.2M$8.43M (+9%)before first round15unknownD0%
1 Sep 2022$7.78M$2.83M – $21.4M$8.49M (+9%)before first round15unknownD0%
1 Oct 2022$7.83M$2.85M – $21.5M$8.56M (+9%)before first round15unknownD0%
1 Nov 2022$7.89M$2.87M – $21.7M$8.62M (+9%)before first round15unknownD0%
1 Dec 2022$7.95M$2.89M – $21.8M$8.68M (+9%)before first round15unknownD0%
1 Jan 2023$10.2M$3.35M – $22.9M$11.1M (+9%)before first round19upC0%
1 Feb 2023$10.3M$3.38M – $23.0M$11.2M (+9%)before first round19upC0%
1 Mar 2023$10.3M$3.40M – $23.2M$11.3M (+9%)before first round19upC0%
1 Apr 2023$10.4M$3.43M – $23.4M$11.4M (+9%)before first round19upC0%
1 May 2023$10.5M$3.45M – $23.5M$11.5M (+9%)before first round19upC0%
1 Jun 2023$10.6M$3.48M – $23.7M$11.5M (+9%)before first round19upC0%
1 Jul 2023$10.6M$3.50M – $23.9M$11.6M (+9%)before first round19upC0%
1 Aug 2023$10.7M$3.53M – $24.1M$11.6M (+8%)before first round19upC0%
1 Sep 2023$10.8M$3.55M – $24.2M$11.6M (+8%)before first round19upC0%
1 Oct 2023$13.3M$5.69M – $26.4M$14.2M (+7%)before first round31growingC0%
1 Nov 2023$13.4M$5.74M – $26.6M$14.2M (+6%)before first round31growingC0%
1 Dec 2023$13.5M$5.78M – $26.8M$14.2M (+5%)before first round31growingC0%
1 Jan 2024$13.6M$5.82M – $27.0M$14.2M (+5%)before first round31growingC0%
1 Feb 2024$13.7M$5.87M – $27.2M$14.2M (+4%)before first round31growingC0%
1 Mar 2024$13.7M$5.84M – $27.1M$14.1M (+3%)before first round29growingC0%
1 Apr 2024$13.8M$5.89M – $27.3M$14.1M (+2%)before first round29growingC0%
1 May 2024$13.9M$5.93M – $27.5M$14.1M (+1%)before first round29growingC0%
1 Jun 2024$14.0M$5.98M – $27.7M$14.1M (+1%)before first round29growingC0%
1 Jul 2024$14.4M$6.15M – $28.5M$14.4M (0%)before first round33growingC0%
1 Aug 2024$10.4M$3.78M – $28.5M$10.3M (-1%)before first round33flatD0%
1 Sep 2024$10.4M$3.78M – $28.5M$10.2M (-2%)before first round33flatD0%
1 Oct 2024$10.4M$3.78M – $28.5M$10.0M (-3%)before first round33flatD0%
1 Nov 2024$10.4M$3.78M – $28.5M$9.93M (-4%)before first round33flatD0%
1 Dec 2024$10.4M$3.78M – $28.5M$9.83M (-5%)before first round33flatD0%
1 Jan 2025$10.4M$3.78M – $28.5M$9.72M (-6%)before first round33flatD0%
1 Feb 2025$10.4M$3.78M – $28.5M$9.61M (-7%)before first round33flatD0%
1 Mar 2025$10.4M$3.78M – $28.5M$9.52M (-8%)before first round33flatD0%
1 Apr 2025$10.4M$3.78M – $28.5M$9.41M (-9%)before first round33flatD0%
1 May 2025$12.7M$4.18M – $28.5M$11.4M (-10%)before first round33upC0%
1 Jun 2025$12.7M$4.18M – $28.5M$11.3M (-11%)before first round33upC0%
1 Jul 2025$15.9M$6.82M – $31.6M$15.4M (-3%)before first round63growingC0%
1 Aug 2025$15.7M$6.63M – $31.5M$15.0M (-4%)before first round58growingC0%
1 Sep 2025$15.6M$6.52M – $31.7M$14.9M (-4%)before first round58growingC0%
1 Oct 2025$15.5M$6.42M – $32.0M$14.9M (-4%)before first round58growingC0%
1 Nov 2025$15.5M$6.32M – $32.3M$14.8M (-4%)before first round58growingC0%
15 Nov 2025$3.2B$2.1B – $5.3B$3.5B (+10%)after a round58growingB0%
1 Dec 2025$3.2B$2.1B – $5.3B$3.5B (+10%)after a round58growingB0%
1 Jan 2026$3.2B$2.1B – $5.3B$3.5B (+9%)after a round58growingB0%
1 Feb 2026$3.2B$2.1B – $5.1B$3.2B (+1%)after a round58flatB41%
1 Mar 2026$3.2B$2.1B – $5.1B$3.2B (0%)after a round58flatB41%
1 Apr 2026$5.5B$4.8B – $6.7B$5.8B (+6%)after a round58flatA41%
2 Apr 2026$5.5B$4.8B – $6.7B$5.8B (+6%)after a round58flatA41%
1 May 2026$5.5B$4.8B – $6.7B$5.7B (+4%)after a round58flatA41%
1 Jun 2026$5.6B$4.8B – $6.7B$5.7B (+2%)after a round58flatA41%
1 Jul 2026$5.6B$4.8B – $6.7B$5.6B (+1%)after a round58flatA41%
1 Aug 2026$5.6B$4.8B – $6.7B$5.5B (-1%)after a round58flatA41%
8 Aug 2026$10.5B$9.1B – $12.8B$11.1B (+6%)after a round58flatA41%
1 Sep 2026$10.5B$9.1B – $12.8B$11.0B (+4%)after a round58flatA41%
1 Oct 2026$10.6B$9.1B – $12.8B$10.9B (+3%)after a round128growingA38%
24 Oct 2026$10.6B$9.1B – $12.8B$10.9B (+2%)after a round128growingA35%

Key facts about Firmus

Founded
2019
Headquarters
St Leonards, Australia
Employees
about 128 +121% in a year
Total raised
$12.83B
Funding rounds
4
Last round
Growth Equity Aug 2026

Firmus was founded in 2019 by Jonathan Levee, Oliver Curtis and Tim Rosenfield.

Firmus funding history

Firmus has 4 funding rounds on record, from Nov 2025 to Aug 2026, $12.83B in total. The latest disclosed valuation is $10.50B post-money (Growth Equity, Aug 2026).

  1. Growth Equity 7 Aug 2026

    Led by Nvidia, Coatue; with Blackstone, Jane Street.

    Sources: datacenterdynamics.com

    $2.00B

    $10.50B post-money

  2. Growth Equity 1 Apr 2026

    Led by Coatue; with Nvidia.

    Sources: techfundingnews.com, finance.yahoo.com, techpartner.news and 4 more

    $505M

    $5.50B post-money

  3. Debt 9 Feb 2026no round page

    Led by Blackstone, Coatue.

    Sources: techfundingnews.com, verdict.co.uk, datacenterdynamics.com and 1 more

    $10.00B

  4. Growth Equity 14 Nov 2025

    With Nvidia Corp., Ellerston Capital.

    Sources: siliconangle.com

    $327M

Firmus investors

6 investors have backed Firmus; Coatue, Blackstone and Nvidia led at least one round.

What Firmus does

Firmus works in tech companies, with 13 recorded offerings and customers in technology and cloud computing.

Firmus Technologies Pty Ltd is a Singaporean company engaged in AI infrastructure development and deployment, with a focus on energy-efficient, scalable, and modular AI solutions. The company provides AI Cloud, AI Factories, and AI Storage services to businesses and organizations across various industries, and operates globally with a presence in Singapore, Australia, and other regions. Firmus is ISO certified and SOC-2 certified, and emphasizes sustainability in its operations.

Description from Veridion's company data.

Products and services

  • AI Infrastructure Design and Deployment
  • AI Factory Platform Development
  • AI Cloud Computing Services
  • Liquid-Everywhere Data Center Technology Development
  • Energy Grid Management Solutions
  • Thermal Innovation Solutions
  • GPU and Networking Telemetry and Control Solutions
  • High-Density AI Platform Manufacturing
  • Sovereign AI Services
  • AI Token Generation Solutions
  • AI Infrastructure Efficiency Consulting
  • AI Infrastructure Profitability Optimization
  • AI Infrastructure Future-Proofing Solutions

Markets

  • Technology
  • Cloud Computing

Technology

  • AI Factory Platforms
  • Liquid-Everywhere Data Center Technology
  • Energy Grid Management
  • Thermal Innovations
  • GPU and Networking Telemetry and Control

Business model

  • Business-to-Business
  • Manufacturing
  • Enterprise

Industry codes (NAICS)

  • 334111 Electronic Computer Manufacturing 70% match
  • 541330 Engineering Services 30% match

Questions about Firmus

What is Firmus worth?

Valuation $10.6B (range $9.1B to $12.8B), as of 24 Oct 2026. The last disclosed valuation was $10.50B (Growth Equity, Aug 2026).

Has Firmus raised money?

Firmus has 4 funding rounds on record, from Nov 2025 to Aug 2026, $12.83B in total. The latest disclosed valuation is $10.50B post-money (Growth Equity, Aug 2026).

Who has invested in Firmus?

Coatue, Blackstone, Nvidia, Ellerston Capital, Jane Street and Nvidia Corp.. Lead investors include Coatue, Blackstone and Nvidia.

How many people work at Firmus?

About 128, up 121% over the last year. Headcount grew from 15 in Mar 2022 to 128 in Sep 2026.

What does Firmus do?

Firmus works in tech companies, with 13 recorded offerings and customers in technology and cloud computing. Its main offerings are AI infrastructure design and deployment, AI factory platform development and AI cloud computing services.

When was Firmus founded, and where is it based?

Firmus was founded in 2019 and is based in St Leonards, Australia. It has about 128 employees, up 121% over the last year.