TensorWave - About the company
TensorWave is a series B company based in Las Vegas (United States), founded in 2023 by Jeff Tatarchuk and Piotr Tomasik. It operates as a Provider of cloud infrastructure utilizing graphics processing units for computing. TensorWave has raised $493M in funding from investors like AMD, Magnetar and Nexus Venture Partners, with a current valuation of $*****. The company has 367 active competitors, including 79 funded and 25 that have exited. Its top competitors include companies like CoreWeave, Tuya and Together AI.
Company Details
Provider of cloud infrastructure utilizing graphics processing units for computing. This service offers bare metal access to hardware accelerators designed for machine learning training and inference tasks. The infrastructure supports container orchestration and cluster management tools to facilitate large scale data processing. Users access high speed network storage and monitoring capabilities to maintain workload performance. The platform provides hardware configurations optimized for low precision data formats and memory intensive operations.
- Website
- tensorwave.com
- Email ID
- *****@tensorwave.com
Key Metrics
Founded Year
2023
Location
Las Vegas, United States
Stage
Series B
Total Funding
$493M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 10, 2026
Ranked
23rd among 367 active competitors
Employee Count
133 as on May 31, 2026
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TensorWave's funding and investors
TensorWave has raised a total funding of $493M over 3 rounds. Its first funding round was on Oct 08, 2024. Its latest funding round was a Series B round on Jun 10, 2026 for $*****. 4 investors participated in its latest round. TensorWave has 11 institutional investors.
Here is the list of recent funding rounds of TensorWave:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 10, 2026 | 8820882 | Series B | 7760556 | 7409510 | 7845210 | 6231752 |
Apr 08, 2025 | 7097907 | Series A | 5685786 | 4112976 | 1499785 | |
Oct 08, 2024 | 3080178 | Series A | 2183023 | 6217151 |
View details of TensorWave's funding rounds and investors
TensorWave's founders and board of directors
Founder? Claim ProfileThe founders of TensorWave are Jeff Tatarchuk and Piotr Tomasik. Darrick Horton is the CEO of TensorWave.
Here are the details of TensorWave's key team members:
- Jeff Tatarchuk: Co-Founder & Chief Growth Officer of TensorWave.
- Piotr Tomasik: Co-Founder & COO of TensorWave.
View details of TensorWave's Founder profiles and Board Members
TensorWave's employee count trend
TensorWave has 133 employees as of May 26. Here is TensorWave's employee count trend over the years:
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TensorWave's Competitors and alternates
Top competitors of TensorWave include CoreWeave, Tuya and Together AI. Here is the list of Top 10 competitors of TensorWave, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CoreWeave 2017, Livingston (United States), Public | Provider of cloud computing services for artificial intelligence workloads | $2.38B | 75/100 | |
2nd | Tuya 2014, Santa Clara (United States), Public | Provider of AI cloud platform services for smart product development | $200M | 74/100 | |
3rd | Together AI 2022, San Francisco (United States), Series B | Provider of a platform for developing, fine-tuning, and deploying AI models | $534M | 72/100 | |
4th | Theta Token 2016, Cupertino (United States), Series A | Decentralized video delivery platform | $9.26M | 71/100 | |
5th | Rescale 2011, San Francisco (United States), Series D | Provider of high performance computing platform for engineering and science | $369M | 70/100 | |
6th | Provider of AI acceleration cloud system with infrastructure and services | $650M | 70/100 | ||
7th | FluidStack 2017, New York City (United States), Series B | Provider of managed high performance computing clusters for artificial intelligence | $1.05B | 69/100 | |
8th | exaBITS 2021, San Mateo (United States), Seed | Decentralized GPU computing infrastructure for AI workloads | $20M | 67/100 | |
9th | Crusoe 2018, Denver (United States), Series E | Operator of cloud platform providing infrastructure for artificial intelligence workloads | $2.77B | 67/100 | |
10th | JuliaHub 2015, Cambridge (United States), Series B | Platform offering HPC solutions | $127M | 65/100 | |
23rd | TensorWave 2023, Las Vegas (United States), Series B | Provider of cloud infrastructure utilizing graphics processing units for computing | $493M | 58/100 |
Looking for more details on TensorWave's competitors? Click here to see the top ones
TensorWave's Investments and acquisitions
TensorWave has made no investments or acquisitions yet.
Reports related to TensorWave
Here is the latest report on TensorWave's geography:
News related to TensorWave
Media has covered TensorWave for a total of 10 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Neostellar Capital Corp. Announces Second Quarter 2026 Preliminary Investment Portfolio UpdateGlobeNewswire•Jul 09, 2026•TensorWave
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Omen AI raises $31M to help data centers avoid costly downtime with continuous liquid coolant monitoringSiliconAngle•Jun 30, 2026•Vanderbilt University, Omen, Seccua, Nava Ventures and 2 others
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TensorWave has raised $350 Million in new Series B fundingintelligence360•Jun 18, 2026•TensorWave, Magnetar, AMD, Nexus Venture Partners and 4 others
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TensorWave Secures $350M Series B to Challenge Nvidia's AI Chip Dominance with AMD HardwareSiliconAngle•Jun 11, 2026•TensorWave, AMD, Nvidia, Magnetar and 4 others
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TensorWave Partners with Credo to Power Next-Generation AMD-Based AI ClustersBusiness Wire•Feb 25, 2026•TensorWave, Credo
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TensorWave Achieves ISO/IEC 27001 Certification, Strengthening Commitment to Enterprise-Grade SecurityAccess Newswire•Oct 06, 2025•TensorWave
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Aramco-backed Prosperity7 joins TensorWave’s $100M funding roundIncubees•May 21, 2025•Prosperity7 Ventures, TensorWave, AMD, Maverick Silicon and 2 others
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TensorWave Secures $100M to Build 8000+ AMD GPU AI Training ClusterCui Niuhui•May 15, 2025•TensorWave, Magnetar, AMD, Nexus Venture Partners and 1 other
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