When was Groq founded?

Groq was founded in 2016 and became a unicorn in 2021.

Where is Groq located?

Groq is headquartered in Mountain View, United States. It is registered at Mountain View, California.

How many employees does Groq have?

As of Jun 30, 2026, the latest employee count at Groq is 312.

Is Groq a funded company?

Groq is a funded company, having raised a total of $2.4B across 7 funding rounds to date. The company's 1st funding round was a $10.3M Series A round, raised on Dec 07, 2016.

How much is Groq worth?

The latest valuation of Groq is $6B as of May 28, 2026.

When was the latest funding round of Groq?

Groq's latest funding was a $650M Series E round on Jun 22, 2026, with participation from 2 investors.

Is Groq a High Performance Computing company?

The primary sectors of Groq are High Performance Computing, AI Infrastructure, Digital ICs and Artificial Intelligence.

Where does Groq rank among its competitors?

Groq ranks 2nd amongst 294 active competitors, of which 125 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Groq, which secured $650M in Jun, 2026.

Who are the top competitors of Groq?

Groq's top competitors include Cerebras, Lightmatter and Ambarella. Among them, Groq secured the most recent funding round in June, 2026.

Groq - 2026 Company Profile, Team, Funding & Competitors

Groq is a series E company based in Mountain View (United States), founded in 2016 by Douglas Wightman. It operates as a Provider of AI inference platforms and on-premise AI inference clusters. Groq has raised $2.4B in funding from investors like BlackRock, Social Capital and Disruptive, with a current valuation of $6B. The company has 294 active competitors, including 125 funded and 25 that have exited. Its top competitors include companies like Cerebras, Lightmatter and Ambarella.

Sectors and market segments that Groq operate in

Groq serves in the High Tech, Native AI, Semiconductors market segments.The primary business model of Groq are:

Company Details

Provider of AI inference platforms and on-premise AI inference clusters. It develops inference-specific LPUs and offers GroqCloud, a platform for AI inference. It also provides GroqRack, an on-premise AI inference cluster for data centers. The company focuses on delivering consistent performance at scale with its custom-built LPU architecture.

Website: groq.com
Social
Email ID: *****@groq.com
Registered Address: Mountain View, California

Key Metrics

Founded Year

2016

Location

Mountain View, United States

Stage

Series E

Total Funding

$2.4B in 7 rounds

Latest Funding Round

Series E, Jun 22, 2026, $650M

Post Money Valuation

$6B as on May 28, 2026

Investors

BlackRock & 51 more

Ranked

2^nd among 294 active competitors

Employee Count

312 as on Jun 30, 2026

Investment & Acquisitions

Definitive Intelligence

Similar Companies

Nvidia & 316 more

View Groq's full profile

Groq is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Groq, Inc CIN: 6149073 , United States, Active	Sep 12, 2016	-	240 (As on Dec 31, 2024)	-
GROQ - CORPORATION CIN: 813891970 , United States, Active	Dec 31, 1999	-	185 (As on Dec 31, 2024)	-

Groq has raised a total funding of $2.4B over 7 rounds. Its first funding round was on Dec 07, 2016. Its latest funding round was a Series E round on Jun 22, 2026 for $650M. 2 investors participated in its latest round. Groq has 50 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Groq:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 22, 2026	$650M	Series E	-	-	Disruptive, Infinitum Partners	-
Sep 17, 2025	$750M	Series E	$6.9B	-	Disruptive	BlackRock, Neuberger Berman, DTCP, D1 Capital Partners, Altimeter Capital, 1789 Capital, Infinitum Partners, Samsung, Cisco
Aug 05, 2024	$640M	Series D	$2.8B	-	Cisco Investments, BlackRock	Samsung Catalyst Fund, Neuberger Berman, Type One Ventures, KDDI, Valour Capital, 4U Venture Partners, Social Capital, Tiger Global Management

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View details of Groq's funding rounds and investors

The founders of Groq is Douglas Wightman.

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

Douglas Wightman: Former Co-Founder of Groq.

View details of Groq's Founder profiles and Board Members

Groq's employee count trend

Groq has 312 employees as of Jun 26. Here is Groq's employee count trend over the years:

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Top competitors of Groq include Cerebras, Lightmatter and Ambarella. Here is the list of Top 10 competitors of Groq, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cerebras 2015, Sunnyvale (United States), Public	Provider of high-performance AI infrastructure and wafer-scale computing solutions	$2.82B	Fidelity Investments, Tiger Global Management ... & 33 others	72/100
2nd	Groq 2016, Mountain View (United States), Series E	Provider of AI inference platforms and on-premise AI inference clusters	$2.4B	equitywestsecurities.com, Cisco Investments ... & 50 others	71/100
3rd	Lightmatter 2017, Boston (United States), Series D	Developer of photonic interconnects and co-packaged optics for AI infrastructure	$850M	Google Ventures, Viking Global Investors ... & 15 others	70/100
4th	Ambarella 2004, Santa Clara (United States), Public	Manufacturer of AI-enabled image processors	$15.4M	Northgate Capital, Riverwood Capital & 7 others	69/100
5th	Graphcore Systems 2016, Bristol (United Kingdom), Acquired	Manufacturer of hardware and software for machine learning processing tasks	$742M	Atomico, Merian Global Investors & 74 others	68/100
6th	Celestial AI 2020, Santa Clara (United States), Acquired	Developer of optical interconnect technology for artificial intelligence infrastructure systems	$589M	Koch Disruptive Technologies, Fidelity Investments ... & 21 others	66/100
7th	Black Sesame Technologies 2016, Pudong (China), Public	Developer of AI-based chips for machine vision tasks	$500M	Xinding Capital, NLVC & 32 others	67/100
8th	Ayar Labs 2015, San Jose (United States), Series E	Developer of optical interconnect solutions for artificial intelligence infrastructure applications	$872M	Neuberger Berman, Founders Fund & 57 others	66/100
9th	SiMa.ai 2018, San Jose (United States), Series C	Developer of hardware and software platform for physical artificial intelligence	$355M	Fidelity Investments, Maverick Capital & 14 others	60/100
10th	Habana 2016, San Jose (United States), Acquired	Developer of AI-based processors for deep learning processing	$120M	Walden Venture Capital, Intel & 8 others	65/100