TensorWave - About the company
TensorWave is a series B company based in Las Vegas (United States), founded in 2023 by Darrick Horton, 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 579 active competitors, including 89 funded and 33 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
- Social
- 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
30th among 579 active competitors
Employee Count
166 as on Aug 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 | 8374085 | Series B | 9297717 | 3913273 | 3363479 | 1070667 |
Apr 08, 2025 | 4422792 | Series A | 7730418 | 5788486 | 7926473 | |
Oct 08, 2024 | 6996782 | Series A | 7378901 | 8208927 |
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TensorWave's founders and board of directors
Founder? Claim ProfileThe founders of TensorWave are Darrick Horton, Jeff Tatarchuk and Piotr Tomasik. Darrick Horton is the CEO of TensorWave.
Here are the details of TensorWave's key team members:
- Darrick Horton: Co-Founder & CEO of TensorWave.
- 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 166 employees as of Aug 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 | 80/100 | |
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 C | Provider of a platform for developing, fine-tuning, and deploying AI models | $1.33B | 73/100 | |
4th | Provider of data center, cloud, AI, and cybersecurity infrastructure services | $150M | 72/100 | ||
5th | Rescale 2011, San Francisco (United States), Series D | Provider of high performance computing platform for engineering and science | $369M | 71/100 | |
6th |  FluidStack 2017, New York City (United States), Series B | Provider of high performance computing infrastructure for artificial intelligence workloads | $3.28B | 70/100 | |
7th |  Theta Token 2016, Cupertino (United States), Series A | Decentralized video delivery platform | $9.26M | 70/100 | |
8th | Network of distributed cloud infrastructure providing enterprise grade GPU compute | $9M | 68/100 | ||
9th |  exaBITS 2021, San Mateo (United States), Seed | Decentralized GPU computing infrastructure for AI workloads | $20M | 67/100 | |
10th | Crusoe 2018, Denver (United States), Series F | Operator of cloud platform providing infrastructure for artificial intelligence workloads | $9.8B | 66/100 | |
30th | TensorWave 2023, Las Vegas (United States), Series B | Provider of cloud infrastructure utilizing graphics processing units for computing | $493M | 59/100 |
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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 sector:
News related to TensorWave
Filter this listMedia has covered TensorWave for a total of 17 events in the last 1 year, 8 of them have been about company updates and 1 about partnerships.
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TensorWave Expands Executive Leadership Team to Scale AI Infrastructure OperationsAiThority•Sep 28, 2026•TensorWave
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Fermi Announces Binding Lease Agreement with TensorWaveNewswire•Aug 11, 2026•TensorWave, Fermiamerica
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Fermi Announces First Siemens Turbines Arrive at Port of HoustonAccess Newswire•Jul 28, 2026•Fermiamerica, TensorWave
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TensorWave Enhances AI Cloud with AMD Helios Rackscale Solution for Advanced WorkloadsAiThority•Jul 24, 2026•TensorWave, AMD
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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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