Groq - About the company
Groq is a series E company based in San Jose (United States), founded in 2016 by Jonathan Ross and Douglas Wightman. It operates as a Provider of AI inference platforms and on-premise AI inference clusters. Groq has raised $1.75B in funding from investors like BlackRock, Social Capital and Tiger Global Management, with a current valuation of $6.9B. The company has 325 active competitors, including 123 funded and 26 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
- Email ID
- *****@groq.com
- Registered Address
- Mountain View, California
Key Metrics
Founded Year
2016
Location
San Jose, United States
Stage
Series E
Total Funding
$1.75B in 6 rounds
Latest Funding Round
Post Money Valuation
$6.9B as on Sep 17, 2025
Ranked
1st among 325 active competitors
Employee Count
318 as on May 31, 2026
Investment & Acquisitions
Legal entities associated with Groq
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) | - |
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Groq's funding and investors
Groq has raised a total funding of $1.75B over 6 rounds. Its first funding round was on Dec 07, 2016. Its latest funding round was a Series E round on Sep 17, 2025 for $750M. 10 investors participated in its latest round. Groq has 47 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Groq:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 17, 2025 | $750M | Series E | $6.9B | - | ||
Aug 05, 2024 | $640M | Series D | $2.8B | - | ||
Apr 14, 2021 | $300M | Series C | $1B | - |
View details of Groq's funding rounds and investors
Groq's founders and board of directors
Founder? Claim ProfileHere are the details of Groq's key team members:
- Jonathan Ross: CEO, Founder of Groq. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Douglas Wightman: Former Co-Founder of Groq.
View details of Groq's Founder profiles and Board Members
Groq's employee count trend
Groq has 318 employees as of May 26. Here is Groq's employee count trend over the years:
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Groq's Competitors and alternates
Top competitors of Groq include Cerebras, Lightmatter and Ambarella. Here is the list of Top 10 competitors of Groq, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Groq 2016, San Jose (United States), Series E | Provider of AI inference platforms and on-premise AI inference clusters | $1.75B | 72/100 | |
2nd | Cerebras 2015, Sunnyvale (United States), Public | Platform offering computing and artificial intelligence solutions | $2.55B | 72/100 | |
3rd | Lightmatter 2017, Boston (United States), Series D | Developer of photonic interconnects and co-packaged optics for AI infrastructure | $850M | 70/100 | |
4th | Ambarella 2004, Santa Clara (United States), Public | Manufacturer of AI-enabled image processors | $15.4M | 69/100 | |
5th | Graphcore Systems 2016, United Kingdom, Acquired | Manufacturer of hardware and software for machine learning processing tasks | $767M | 68/100 | |
6th | Celestial AI 2020, Santa Clara (United States), Acquired | Developer of optical interconnect technology for artificial intelligence infrastructure systems | $589M | 68/100 | |
7th | Black Sesame Technologies 2016, Pudong (China), Public | Developer of AI-based chips for machine vision tasks | $500M | 67/100 | |
8th | Axelera AI 2021, Eindhoven (Netherlands), Series C | Manufacturer of hardware accelerators and software for artificial intelligence inference | $450M | 66/100 | |
9th | SiMa.ai 2018, San Jose (United States), Series C | Developer of hardware and software platform for physical artificial intelligence | $355M | 66/100 | |
10th | Lightelligence 2017, Boston (United States), Series C | Developer of optical chips and software solutions for artificial intelligence based computing | $247M | 65/100 |
Looking for more details on Groq's competitors? Click here to see the top ones
Groq's Investments and acquisitions
Groq has acquired Definitive Intelligence. Groq has not made any investments as of now.News related to Groq
Media has covered Groq for a total of 51 events in the last 1 year, 19 of them have been about company updates and 8 about partnerships.
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Groq Seeks $650 Million as it Transitions to AI Inference Neocloud BusinessPYMNTS.com•May 28, 2026•Groq, Infinitium, Nvidia
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Hark raises $700m Series A at a $6b valuationStock Screener•May 21, 2026•Parkway VC, Nvidia, Align Ventures, Hark and 10 others
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Nicolas Sauvage is Investing in the Overlooked Aspects of AITechweekly•May 04, 2026•TDK Ventures, Groq
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Bloom Energy Appoints Simon Edwards as CFORenewable-Energy-Industry•Mar 30, 2026•Conga, Nvidia, Groq, Bloom Energy
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Nvidia To Upgrade AI Chatbot Performance WIth New 'LPU' ChipPCMag•Mar 17, 2026•Nvidia, Groq, Samsung
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Nvidia & Groq's Inference Land Grab: Analyzing Their $20B Licensing AgreementSiliconAngle•Mar 16, 2026•Nvidia, Groq
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Anchor Browser Powers Groq's Agent Platform for Reliable AI Web AccessPR Newswire•Jan 12, 2026•Anchor Browser, Groq
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Nvidia Expands AI Empire with Groq Talent Grab; Groq to remain independentThe Business Times•Dec 26, 2025•Groq, Nvidia
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