When was Untether AI founded?

Untether AI was founded in 2018.

Where is Untether AI located?

Untether AI is headquartered in Toronto, Canada.

Who is the current CEO of Untether AI?

Martin Snelgrove of Untether AI.

How many employees does Untether AI have?

As of Jul 09, 2025, the latest employee count at Untether AI is 136.

Is Untether AI a funded company?

Untether AI is a funded company, having raised a total of $152M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round.

When was the latest funding round of Untether AI?

Untether AI's latest funding was a $***** Series B round on Jul 20, 2021, with participation from 4 investors. Its primary sector is Digital ICs. In Canada, the Digital ICs sector has seen $1.42B in funding in 2026 to date.

Where does Untether AI rank among its competitors?

Untether AI ranks 38th amongst 176 active competitors, of which 58 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Groq, which secured $350M in Aug, 2026.

Who are the top competitors of Untether AI?

Untether AI's top competitors include Groq, Biren Technology and Ambarella. Among them, Groq secured the most recent funding round in August, 2026.

Untether AI - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of hardware and software for artificial intelligence inference acceleration. The company provided integrated circuits designed for faster throughput and greater energy efficiency. Its architecture moved the compute element directly adjacent to memory cells. The company’s products supported model imports from standard frameworks.

Website: untether.ai
Social
Email ID: *****@untether.ai
Phone Number: +1 **********

Key Metrics

Founded Year

2018

Location

Toronto, Canada

Stage

Acqui-Hired

Total Funding

$152M in 5 rounds

Latest Funding Round

Series B, Jul 20, 2021, $*****

Investors

Intel Capital & 3 more

Ranked

38^th among 176 active competitors

Employee Count

136 as on Jul 09, 2025

Similar Companies

Nvidia & 369 more

View Untether AI's full profile

Untether AI has raised a total funding of $152M over 5 rounds. Its latest funding round was a Series B round on Jul 20, 2021 for $*****. 4 investors participated in its latest round. Untether AI has 4 institutional investors.

Here is the list of recent funding rounds of Untether AI:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 20, 2021	2960728	Series B	8026193	8269658	5199879	1158134
Jul 13, 2020	8920965	Series A	1839361	9223774	1082370	Intel Capital
Nov 05, 2019	5108412	Series A	6953148	5543663	Radical Ventures	Intel Capital

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View details of Untether AI's funding rounds and investors

The founders of Untether AI are Darrick Wiebe and Raymond Chik. Chris Walker is the CEO of Untether AI.

Here are the details of Untether AI's key team members:

Darrick Wiebe: Former Co-Founder of Untether AI.
Raymond Chik: Former Co-Founder of Untether AI.
Contact Info: 1 email address
Martin Snelgrove: CEO of Untether AI.

Untether AI's Board of Directors

Untether AI's board has 5 active members. Shaygan Kheradpir, Paul Miller, Tomi J. Poutanen, Arun Chetty and Josh Teichman are independent board members.

Here is the list of Untether AI's board of directors:

Name	Type	Representing	Status	Duration
Shaygan Kheradpir	Independent board member	-	Current	5y 3m
rlcaxfi	Independent board member	-	Current	6y 5m
zufmkzm	Independent board member	-	Current	3y 5m
{iysyct	Independent board member	-	Current	2y 2m
jaslmjx	Independent board member	-	Current	2y 4m

View details of Untether AI's Founder profiles and Board Members

Untether AI's employee count trend

Untether AI has 136 employees as of Jul 25. Here is Untether AI's employee count trend over the years:

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Top competitors of Untether AI include Groq, Biren Technology and Ambarella. Here is the list of Top 10 competitors of Untether AI, ranked by Tracxn score:

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	Disruptive, BlackRock & 54 others	72/100
2nd	Biren Technology 2019, Minhang (China), Public	Developer of AI acceleration modules, cards, and software development platforms	$904M	Shanghai Guotou Pioneer Artificial Intelligence Industry Fund, Ping An ... & 38 others	70/100
3rd	Ambarella 2004, Santa Clara (United States), Public	Manufacturer of AI-enabled image processors	$15.4M	Northgate Capital, Riverwood Capital & 7 others	69/100
4th	Celestial AI 2020, Santa Clara (United States), Acquired	Developer of optical interconnect technology for artificial intelligence infrastructure systems	$589M	Koch Disruptive Technologies, Fidelity Investments ... & 21 others	66/100
5th	Cerebras 2015, Sunnyvale (United States), Public	Provider of high-performance AI infrastructure and wafer-scale computing solutions	$2.82B	Fidelity Investments, Foundation Capital ... & 35 others	66/100
6th	EdgeCortix 2019, Chuo (Japan), Series B	Developer of energy-efficient AI processors, accelerators, modules, cards, and systems	$138M	Global Hands-On VC, SBI Investment & 14 others	66/100
7th	Axelera AI 2021, Eindhoven (Netherlands), Series C	Manufacturer of hardware accelerators and software for artificial intelligence inference	$450M	Innovation Industries, Samsung Catalyst Fund ... & 13 others	64/100
8th	Fractile 2022, London (United Kingdom), Series B	Developer of AI chips for running large AI models	$260M	Oxford Science Enterprises, Kindred Capital ... & 22 others	64/100
9th	Calligotech 2012, Bengaluru (India), Seed	Developer of computing solutions for high-performance computing and AI workloads	$2.67M	KITVEN, UST & 62 others	63/100
10th	Preferred Infrastructure 2014, Tokyo (Japan), Series D	Developer of AI infrastructure, foundation models, and product solutions	$281M	Toyota Motor, NTT Group & 19 others	63/100
38th	Untether AI 2018, Toronto (Canada), Acqui-Hired	Developer of hardware and software for artificial intelligence inference acceleration	$152M	CPP Investments, Intel Capital & 2 others	43/100