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.
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
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
- 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
1st among 352 active competitors
Employee Count
308 as on Aug 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 $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:
Filter 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 | - |
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: Former Founder of Groq. They are also an angel investor in 1 startup and serve on the board of 1 company.
- Douglas Wightman: Former Co-Founder of Groq.
- Adam Winter: CEO of Groq. They are also an angel investor in 1 startup.
View details of Groq's Founder profiles and Board Members
Groq's employee count trend
Groq has 308 employees as of Aug 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 Biren Technology. 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, Mountain View (United States), Series E | Developer of specialized hardware processors for artificial intelligence inference workloads | $2.77B | 72/100 | |
2nd | Cerebras 2015, Sunnyvale (United States), Public | Provider of high-performance AI infrastructure and wafer-scale computing solutions | $2.82B | 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 | Biren Technology 2019, Minhang (China), Public | Developer of AI acceleration modules, cards, and software development platforms | $904M | 70/100 | |
5th | Ambarella 2004, Santa Clara (United States), Public | Manufacturer of AI-enabled image processors | $15.4M | 69/100 | |
6th | Graphcore Systems 2016, Bristol (United Kingdom), Acquired | Manufacturer of hardware and software for machine learning processing tasks | $742M | 68/100 | |
7th | DarkVision 2013, North Vancouver (Canada), Acquired | Developer of acoustic imaging technology for industrial asset inspection applications | $5.5M | 68/100 | |
8th | Ayar Labs 2015, San Jose (United States), Series E | Developer of optical interconnect solutions for artificial intelligence infrastructure applications | $1.02B | 67/100 | |
9th | Celestial AI 2020, Santa Clara (United States), Acquired | Developer of optical interconnect technology for artificial intelligence infrastructure systems | $589M | 66/100 | |
10th | Provider of neural learning processors for edge AI applications | $340M | 66/100 |
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.Reports related to Groq
Here is the latest report on Groq's sector:
News related to Groq
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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US Department of Justice Investigates Nvidia-Groq Deal for Antitrust ViolationsTechCentral Ireland•Sep 11, 2026•Groq, Nvidia
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AI Chip Startup Groq Nabs $350 Million Funding, Hits $3.5 Billion ValuationBitcoin Insider•Aug 17, 2026•Groq
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Groq Secures $350 Million Funding Round at Halved ValuationTrending Topics•Aug 17, 2026•Groq, Disruptive Ventures, Nvidia, Disruptive and 1 other
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Groq Raises $650 Million in Funding for AI Inference ChipsStartup Log•Jun 23, 2026•Groq, Infinitum Partners, Disruptive, Infinitum and 2 others
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Groq Seeks $650 Million as it Transitions to AI Inference Neocloud BusinessPYMNTS.com•May 28, 2026•Groq, Infinitium, Nvidia, Disruptive Ventures and 4 others
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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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