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Groq - About the company

Groq is a series E company based in Mountain View (United States), founded in 2016 by Jonathan Ross and Douglas Wightman. It operates as a Developer of specialized hardware processors for artificial intelligence inference workloads. Groq has raised $2.77B in funding from investors like Disruptive, BlackRock and Social Capital, with a current valuation of $6B. The company has 352 active competitors, including 138 funded and 30 that have exited. Its top competitors include companies like Cerebras, Lightmatter and Biren Technology.

Company Details

Developer of specialized hardware processors for artificial intelligence inference workloads. These processors facilitate the execution of machine learning models by accelerating data processing tasks. The technology supports the deployment of large language models and other computational applications within cloud environments. The hardware architecture focuses on reducing latency and increasing throughput for real-time data analysis.
Website
groq.com
Social
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Registered Address
Mountain View, California
Key Metrics
Founded Year
2016
Location
Mountain View, United States
Stage
Series E
Total Funding
$2.77B in 8 rounds
Latest Funding Round
Post Money Valuation
$6B as on May 28, 2026
Investors
Ranked
Employee Count
308 as on Aug 31, 2026
Investment & Acquisitions
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Groq's funding and investors

Groq has raised a total funding of $2.77B over 8 rounds. Its first funding round was on Dec 07, 2016. Its latest funding round was a Series A round on Aug 17, 2026 for $350M. 2 investors participated in its latest round. Groq has 54 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Groq:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 17, 2026
$350M
Series A
-
-
Jun 22, 2026
$672M
Series E
-
-
-
Sep 17, 2025
$750M
Series E
$6.9B
-
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Groq's founders and board of directors

Founder? Claim Profile
The founders of Groq are Jonathan Ross and Douglas Wightman. Adam Winter is the CEO of Groq.
Here are the details of Groq's key team members:

Groq's employee count trend

Groq has 308 employees as of Aug 26. Here is Groq's employee count trend over the years:
Employee count trend for Groq
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Groq's Competitors and alternates

Top competitors of Groq include Cerebras, Lightmatter and Biren Technology. 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
Logo for Groq
Groq
2016, Mountain View (United States), Series E
Developer of specialized hardware processors for artificial intelligence inference workloads
$2.77B
72/100
2nd
Logo for Cerebras
Cerebras
2015, Sunnyvale (United States), Public
Provider of high-performance AI infrastructure and wafer-scale computing solutions
$2.82B
72/100
3rd
Logo for Lightmatter
Lightmatter
2017, Boston (United States), Series D
Developer of photonic interconnects and co-packaged optics for AI infrastructure
$850M
70/100
4th
Logo for Biren Technology
Biren Technology
2019, Minhang (China), Public
Developer of AI acceleration modules, cards, and software development platforms
$904M
70/100
5th
Logo for Ambarella
Ambarella
2004, Santa Clara (United States), Public
Manufacturer of AI-enabled image processors
$15.4M
69/100
6th
Logo for Graphcore Systems
Graphcore Systems
2016, Bristol (United Kingdom), Acquired
Manufacturer of hardware and software for machine learning processing tasks
$742M
68/100
7th
Logo for DarkVision
DarkVision
2013, North Vancouver (Canada), Acquired
Developer of acoustic imaging technology for industrial asset inspection applications
$5.5M
68/100
8th
Logo for Ayar Labs
Ayar Labs
2015, San Jose (United States), Series E
Developer of optical interconnect solutions for artificial intelligence infrastructure applications
$1.02B
67/100
9th
Logo for Celestial AI
Celestial AI
2020, Santa Clara (United States), Acquired
Developer of optical interconnect technology for artificial intelligence infrastructure systems
$589M
66/100
10th
Logo for Hailo
Hailo
2017, Tel Aviv (Israel), Acquired
Provider of neural learning processors for edge AI applications
$340M
66/100
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Groq's Investments and acquisitions

Groq has acquired Definitive Intelligence. Groq has not made any investments as of now.

Reports related to Groq

Here is the latest report on Groq's sector:

News related to Groq

lockFilter this list
Media has covered Groq for a total of 42 events in the last 1 year, 14 of them have been about company updates and 5 about partnerships.
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