When was Extropic founded?

Extropic was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Extropic located?

Extropic is headquartered in Austin, United States.

Who is the current CEO of Extropic?

Guillaume Verdon of Extropic. They have also founded 1 company.

How many employees does Extropic have?

As of Jun 30, 2026, the latest employee count at Extropic is 37.

Is Extropic a funded company?

Extropic is a funded company, having raised a total of $14.1M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 04, 2023.

When was the latest funding round of Extropic?

Extropic's latest funding was a $***** Grant (prize money) round on Jul 29, 2026, with participation from 1 investor. Its primary sector is AI Infrastructure. In United States, the AI Infrastructure sector has seen $254B in funding in 2026 to date.

Where does Extropic rank among its competitors?

Extropic ranks 23rd amongst 1768 active competitors, of which 115 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Extropic, which secured $75M in Jul, 2026.

Who are the top competitors of Extropic?

Extropic's top competitors include Fireworks, Goodfire and Cartesia. Among them, Extropic secured the most recent funding round in July, 2026.

Extropic - 2026 Company Profile, Team, Funding & Competitors

Company Details

Hardware platform to build substrate for generative AI. Its technology is based on physics-based computing and supports to reduce the amount of electricity needed to run AI models while automating coding tasks.

Website: extropic.ai
Social

Key Metrics

Founded Year

2023

Location

Austin, United States

Stage

Seed

Total Funding

$14.1M in 2 rounds

Latest Funding Round

Grant (prize money), Jul 29, 2026, $*****

Investors

Kindred Ventures & 10 more

Ranked

23^rd among 1768 active competitors

Employee Count

37 as on Jun 30, 2026

Similar Companies

OpenAI & 6423 more

View Extropic's full profile

Extropic has raised a total funding of $14.1M over 2 rounds. Its first funding round was on Dec 04, 2023. Its latest funding round was a Grant (prize money) round on Jul 29, 2026 for $*****. 1 investor participated in its latest round. Extropic has 10 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Extropic:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 29, 2026	6531935	Grant (prize money)	3571227	2807028	5855741	4158277
Dec 04, 2023	2669640	Seed	7031197	7258147	Kindred Ventures	HOF Capital & 6 more

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View details of Extropic's funding rounds and investors

The founders of Extropic is Guillaume Verdon. Guillaume Verdon is the CEO of Extropic.

Here are the details of Extropic's key team members:

Guillaume Verdon: Founder & CEO of Extropic.
Contact Info: 1 email address

View details of Extropic's Founder profiles and Board Members

Extropic's employee count trend

Extropic has 37 employees as of Jun 26. Here is Extropic's employee count trend over the years:

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Top competitors of Extropic include Fireworks, Goodfire and Cartesia. Here is the list of Top 10 competitors of Extropic, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fireworks 2022, Redwood City (United States), Series D	Generative AI platform as a service for accelerating product innovation and disruption	$1.81B	Index Ventures, Sequoia Capital & 26 others	72/100
2nd	Goodfire 2024, San Francisco (United States), Series B	Interpretability tooling for generative AI models	$209M	B Capital, Menlo Ventures & 12 others	71/100
3rd	Cartesia 2023, San Francisco (United States), Series A	Provider of real-time text-to-speech API with AI laughter and emotion	$86M	Kleiner Perkins, Index Ventures & 10 others	67/100
4th	Bria 2020, Tel Aviv (Israel), Series B	Provider of licensed data-trained AI platform for visual content generation	$65M	GFT Ventures, Red Dot Capital Partners & 13 others	66/100
5th	MiniMax 2022, Singapore (Singapore), Public	Developer of AI models for text, speech, video, and music generation	$1.15B	Alibaba Group, Gaorong Capital & 7 others	62/100
6th	Arcee.ai 2023, Miami (United States), Series A	Platform to train, and deploy language models	$29.5M	Emergence Capital, Prosperity7 Ventures & 8 others	62/100
7th	Braintrust 2023, San Francisco (United States), Series B	Provider of an AI observability platform for building quality AI products	$121M	Greylock Partners, Iconiq Capital & 15 others	61/100
8th	Letta 1997, San Francisco (United States), Early Stage	Developer of a memory-first agent accessible through desktop and CLI	$10M	Felicis Ventures, Sunflower Capital & 8 others	60/100
9th	Grok 2023, United States, Unfunded	AI-powered assistant for generating answers and creating documents	-	-	58/100
10th	Guide Labs 2023, San Francisco (United States), Seed	Platform developing interpretable foundation models	$18.8M	Initialized Capital, Pioneer Fund & 10 others	58/100
23rd	Extropic 2023, Austin (United States), Seed	Hardware platform to build substrate for generative AI	$14.1M	Atacama Ventures, Kindred Ventures & 9 others	53/100