Explore ways to invest in Cerebras stock as it approaches the Cerebras IPO. Get access to select pre-IPO startups at Equitybee.
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Recent Cerebras Stock IPO News
08/29/2023: Meet “Jais”, The World’s Most Advanced Arabic LM
07/20/2023: Cerebras and G42 Unveil World’s Largest Supercomputer for AI
11/10/2021: Cerebras Systems Raises $250M in Series F
12/19/2016: A stealthy startup called Cerebras raised $25 million
What is Cerebras?
Cerebras Systems is a Sunnyvale, California-based artificial intelligence (AI) company that builds hardware platforms designed to train massive AI models. Its supercomputing platform is available in the cloud or on-premises and enables users to:
Train and fine-tune production AI models quickly and easily. Use your data and own your model. Train in the cloud or on-premises, pain-free.
NVIDIA gets the most attention from AI computer processing. Think of Cerebras as a startup competitor that makes larger, all-encompassing processing chips with a more integrated design. It also builds the hardware and software stack for an integrated AI computing platform.
The Wafer Scale Engine (WSE) has 850,000 cores and 2.6 trillion transistors and powers its CS-2 AI supercomputer box. WSE is the largest computer chip ever deployed.
Cerebras clusters 64 CS-2 systems to create the largest AI supercomputer, the Condor Galaxy. It plans for nine Condor Galaxy deployments by 2024, enabling the Cerebras Cloud service.
The company attracts mature companies and scientific research labs that need extraordinary computing power to advance their AI training models. It also boasts several high-profile AI startups as customers who can scale quickly on the platform.
Here’s an introduction video showing off the hardware stack in one of its facilities.
Is Cerebras Stock Publicly Traded?
No. Cerebras is a private company. The AI leader was founded in 2015.
Who Owns Cerebras?
Cerebras is a venture-backed private company. The co-founders, venture capital firms, and employees are the company’s primary owners.
Prestigious venture capital investors include Abu Dhabi Growth Fund, Alpha Wave Ventures, Altimeter Capital, Benchmark Capital, Coatue, Eclipse Ventures, Foundation Capital, G42, Moore Strategic Ventures, Open Field Capital, and VY Capital.
The last known private funding round was a Series F led by Alpha Wave and completed in November 2021. The deal raised $250 million. The company has raised $720 million since founding.
Cerebras Valuation
The Series F private funding round completed in November 2021 established the Cerebras valuation at $4 billion. Startups tend to raise private funds to last two years, suggesting Cerebras may be due for another private funding round or an IPO.
Another private round would help raise the Cerebras valuation, leading to a potential IPO.
When is the Cerebras IPO Date?
The Cerebras IPO date is currently unknown.
Private AI fundraising is booming in 2023 as chatbot companies such as Anthropic, Sam Altman’s OpenAI, and a competitor led by former DeepMind founders, Inflection AI, have all raised significant funds. Cerebras could join and raise more private funds to boost its valuation.
AI companies have yet to venture into public offerings, but we anticipate a wave of AI IPOs in the next one to five years.
Cerebras leadership has not been forthcoming with future IPO plans. Deep-pocketed technology companies could become interested acquirers considering its distinguished technology that competes with the NVIDIA powerhouse.
Our research has not uncovered any comments by CEO Andrew Feldman about a potential IPO. His previous company, SeaMicro, was acquired by AMD in 2012.
Watch for business reporting about Cerebras exploring an IPO with investment banks. Also, monitor press releases for hiring a CFO with experience taking companies public.
This page will monitor and post information about Cerebras IPO developments.
What is the Cerebras Stock Symbol? Cerebras Ticker?
There is no Cerebras stock symbol. Cerebras is a private company.
Here are a few speculative Cerebras ticker symbols:
- CBRS
- CRB
- CRBR
What is the Cerebras Stock Price?
A public Cerebras stock price is not available.
How to Invest in Cerebras Stock
Since Cerebras is a private company, it is challenging to become an equity owner today.
However, you can increase your chances of early equity ownership or obtain shares in the IPO by taking the actions outlined below.
Accredited investors will have an easier time via pre-IPO investing platforms. Non-accredited investors can look to venture capital funds for access to pre-IPO companies.
1. Access Cerebras stock via pre-IPO investing platforms
The author has seen multiple opportunities to invest in Cerebras stock on pre-IPO investing platforms.
For direct ownership, platforms like Equitybee provide accredited investors access to pre-IPO startups by funding employee stock options. In exchange, investors gain a portion of the future stock value.
Interested investors can monitor Equitybee and other pre-IPO platforms, including EquityZen, Forge Global, and Linqto, for current share availability.
Shares may become available through sales by early investors or employees before the IPO.
Expect to pay at least a $10,000 investment minimum. The SEC requires pre-IPO investors to be accredited with a net worth over $1 million (excluding primary residence) or income exceeding $200,000 (or $300,000 with a spouse).
Signing up for online access to pre-IPO data, deal alerts, and expressing interest in currently unavailable startups is free.
Non-accredited retail investors can circumvent the accreditation requirement to own pre-IPO companies by owning the Fundrise Innovation Fund (review).
However, investors cannot select individual pre-IPO companies, and Cerebras stock is currently not in the portfolio.
There’s only a $10 minimum investment, and the fund is ramping up new investments. New investors are welcome at the time of publication of this article, but investment windows may be limited in the future.
Check out our list of top pre-IPO investing platforms for current share availability across platforms.
Please note: This is a testimonial in partnership with Fundrise. We earn a commission from partner links on AccessIPOs.com. All opinions are my own.
2. Buy stock during Cerebras IPO through a participating broker
Cerebras has conducted multiple private funding rounds since 2015. However, the venture capital roster is relatively thin.
Access IPOs believes another private fund round or acquisition is in the works to raise its private valuation. If it continues to raise venture funding, an exit is inevitable. IPOs and acquisitions are primary ways for venture capital investors to cash out and move on to the next startup.
Most retail investors will not receive IPO shares if the company chooses to go public.
But, savvy retail IPO investors may find opportunities to invest during the IPO when it arrives. IPO access has become increasingly accessible to retail investors in the past few years.
The following online brokers give customers free access to IPOs with low minimum deposits:
Exclusive access to highly sought-after IPOs may be limited based on the type of brokerage accounts you hold and which brokerages have secured exclusive rights.
TradeStation has a longer track record of accessing more than 360 IPOs and secondary offerings via its partnership with ClickIPO.
But Robinhood and SoFi Invest have the advantage of Silicon Valley networks and a history of getting allocations for high-profile IPOs.
Read the S-1 filings to find mentions of these online brokers to find opportunities.
Check out this list of best brokers for IPO investing to learn more about IPO access for retail investors.
3. Buy the stock after the IPO
Most investors will not acquire pre-IPO shares or receive an allocation during the IPO. They will need to wait until an IPO or acquisition to own a small slice of Cerebras.
Investing after the IPO has advantages. The market-based pricing and regulated filings reduce investor risk. Furthermore, public numbers make it easier for retail investors to perform due diligence before investing.
Avoid chasing over-inflated share prices immediately after the IPO. Stock price declines after IPOs can be excellent entry points.
Be selective and patient. The most disruptive companies are likely to experience higher valuations a decade from now.
Where can I find the Cerebras S-1 Filing?
Cerebras has yet to release an S-1 filing to the public. There is no reporting of a confidential S-1 filing yet.
The company may be weighing its options regarding an acquisition versus a public path.
The announcement of a confidential or public S-1 filing would start the IPO process and give Wall Street an idea of where the company resides in the IPO pipeline.
When the company releases the S-1 filing to investors, we’ll link to and embed the document on this web page.
In the meantime, you can check out the most recent S-1 filings in our S-1 filings feed.
Conclusion
Retail investors often become interested in buying startups riding extraordinary macroeconomic and technology trends (AI, supercomputing, LLMs) before they go public.
However, acquiring ownership in Cerebras and similar companies is challenging for retail investors, especially non-accredited ones, due to regulations.
Pre-IPO investing platforms have opened more opportunities for retail investors. However, venture capital investing is still mostly reserved for super-wealthy and accredited investors.
Investors will likely hit roadblocks trying to obtain pre-IPO shares or IPO shares if the company chooses a public offering.
Cerebras has yet to take advantage of the private AI funding bonanza that other companies have accomplished. That could lead to a massive private round to forge forward with its plans to expand computing centers worldwide.
If you’re inclined to pursue pre-IPO equity in Cerebras, look first to pre-IPO platforms where we’ve seen evidence of share availability in 2023.
Good luck if you wish to buy Cerebras stock before the Cerebras IPO. Invest in pre-IPO and IPO companies at your own risk.
* Disclosure: The web page contains affiliate links from our partners. If a reader opens an account or buys a service from a link in this article, we may be compensated at no additional cost to the reader. Opening an account with a broker that provides access to IPOs does not guarantee the customer allocations of specific IPOs. The author is long HOOD and the Fundrise Innovation Fund.
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