$77M Raised to Build Gen AI Apps Faster and More Efficient

Welcome back to The SaaS CFO Podcast! Today, we’re thrilled to have a remarkable guest joining us—Lin Qiao, the CEO and co-founder of Fireworks AI. Lin brings a wealth of expertise from her days as a researcher and software engineer, having worked at industry giants like IBM and Facebook. She'll share her inspiring journey from academia to leading innovations in the AI space. 

In this episode, Lin takes us through the revolutionary products Fireworks AI offers, aimed at transforming how application developers and product engineers leverage GenAI technology. Imagine building advanced AI-driven applications in days instead of years, without needing an army of engineers. Lin expertly breaks down the company's offerings using a compelling car assembly analogy, making it easy for us to grasp the intricate layers of their technology. 

We’ll also dive into the diverse industry applications of Fireworks AI, spanning startups, digital-native enterprises, and traditional companies. Lin discusses the groundbreaking shifts this technology can bring, the unique challenges and costs involved, and how her company aims to simplify this landscape for developers and enterprises alike. 

Furthermore, Lin opens up about Fireworks AI's impressive milestones, including their fundraising journey, key metrics, and future product directions. Whether you're an app developer or an enterprise executive, this conversation promises invaluable insights into accelerating innovation with GenAI. 

So, grab your headphones and join us for an enlightening discussion with Lin Qiao on The SaaS CFO Podcast! 

Show Notes:  

00:00 From researcher to impactful software engineer at Facebook. 

05:47 Mobile apps revolutionized industries, creating vast opportunities. 

06:49 Create videos for automation and business efficiency. 

09:55 Latency challenges with engaging, high-size JNAI models. 

13:33 Accelerating strategy and execution for diverse companies. 

17:01 Critical partnerships, funding growth, expand AI system, teamwork. 

22:05 Explore and deploy models with Fireworks AI. 

Links: 

SaaS Fundraising Stories: https://www.thesaasnews.com/news/fireworks-ai-secures-25-million-in-series-a 

https://www.thesaasnews.com/news/fireworks-ai-raises-52-million-in-series-b 

Lin Qiao’s LinkedIn: https://www.linkedin.com/in/lin-qiao-22248b4/ 

Fireworks AI’s Linkedn: https://www.linkedin.com/company/fireworks-ai/ 

Fireworks AI’s Website: https://fireworks.ai/ 

To learn more about Ben check out the links below: 

Subscribe to Ben’s daily metrics newsletter: https://saasmetricsschool.beehiiv.com/subscribe 

Subscribe to Ben’s SaaS newsletter: https://mailchi.mp/df1db6bf8bca/the-saas-cfo-sign-up-landing-page 

SaaS Metrics courses here: https://www.thesaasacademy.com/ 

Join Ben’s SaaS community here: https://www.thesaasacademy.com/offers/ivNjwYDx/checkout 

Follow Ben on LinkedIn: https://www.linkedin.com/in/benrmurray