CoreWeave IPO: Unveiling the Largest Shareholders

CoreWeave aims to raise $2.3 to $2.7 billion in its highly anticipated upcoming IPO on NASDAQ. This will be the biggest tech IPO of 2025 thus far¹ and an important measure of investor appetite for tech & artificial intelligence companies. 

So how much do CoreWeaves key shareholders stand to make if Reddits prices at the top of its range? We break it down here.

Executives + Directors

CoreWeave Co-founder & CEO Michael Intrator stands to gain the most of any other founder or employee. Over CoreWeave's eight year history, Intrator has been instrumental in shaping CoreWeave's growth, with his leadership paving the way for the company's upcoming IPO. He stands to own equity worth over $4 billion dollars if the company goes public at a $32 billion valuation.

In addition to Intrator, other executives like Chief Development Officer Brannin McBee and Chief Strategy Officer Brian Venturo played crucial roles in steering CoreWeave towards its IPO. Both co-founders stand to own equity worth $2 to $3 billion. 

While these executives reportedly will hold their stock post-IPO, all three have taken some chips off the table. Between tender offers in 2023 and 2024 the three founders sold an estimated $488 million of stock while the company was still private. 

Investors

Key CoreWeave investors include Magnetar, Fidelity Management & Research Company, and NVIDIA. Cisco and Microsoft are also both customers and investors. 

In a $12 billion deal inked just prior to CoreWeave's IPO, the company will provide AI infrastructure for for OpenAI's ChatGPT model for 5 years. As part of the partnership, OpenAI is reported to receive $350 million of stock as part of CoreWeave's IPO.

Source: CoreWeave S-1. Based on Class A and B Common Stock outstanding as of February 28, 2025.

Footnotes

1. Renaissance Capital: 2025 IPO Market Stats