Groq - About the company
Groq is a series D company based in Mountain View (United States), founded in 2016 by Jonathan Ross and . It operates as a Provider of tensor processing units and processors. Groq has raised $1B in funding from investors like BlackRock, Social Capital and Tiger Global Management, with a current valuation of $2.8B. The company has 257 active competitors, including 136 funded and 37 that have exited. Its top competitors include companies like Rambus, Ampere Computing and Tsinghua Unigroup.
Sectors and market segments that Groq operate in
Groq serves in the B2B space in the Semiconductors, High Tech market segments.The primary business model of Groq are:Company Details
Provider of tensor processing units and processors. The processor includes functional units to manage integer and floating-point data, which streamlines the inference and training process. It also provides compute systems and accelerators.
- Website
- Social
- Email ID
- @groq.com
Key Metrics
Founded Year
2016
Location
Mountain View, United States
Stage
Series D
Total Funding
in 5 rounds
Latest Funding Round
Post Money Valuation
as on Aug 05, 2024
Investors
Ranked
30th among
Employee Count
as on Dec 31, 2023
Similar Companies
Rambus &
Legal entities associated with Groq
Groq is associated with 2 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Sep 12, 2016 | - | 952 | 438 | |
Dec 31, 1999 | - | 243 | 690 |
Get your free copy of Groq's company profile
Groq's funding and investors
Groq has raised a total funding of $1B over 5 rounds. Its first funding round was on Dec 07, 2016. Its latest funding round was a Series D round on Aug 05, 2024 for $640M. 6 investors participated in its latest round, lead by Cisco Investments and BlackRock.
Groq has 32 institutional investors including BlackRock, Social Capital and Tiger Global Management.
Here is the list of recent funding rounds of Groq:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Aug 05, 2024 | $640M | Series D | - | - | |
Apr 14, 2021 | $300M | Series C | - | - | |
Aug 04, 2020 | Undisclosed | Series B | - | - |
Access funding benchmarks and valuations. Sign up today!View details of Groq's funding rounds and investors
Groq's founders and board of directors
The founders of Groq are Jonathan Ross and . Jonathan Ross and are the CEO of Groq.
View details of Groq's Founder profiles and Board Members
Groq's employee count trend
Groq has 288 employees as of Dec 23. The total employee count is 7.7% lower than what it was in Dec 22. Here is Groq's employee count trend over the years:
Uncover Groq's growth story! Sign up today!Groq's Competitors and alternates
Top competitors of Groq include Rambus, Ampere Computing and Tsinghua Unigroup. Here is the list of Top 10 competitors of Groq, ranked by ÃØÃÜÑо¿Ëù score :
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Rambus 1990, Sunnyvale (United States), Public | Provider of AI-based silicon IP and chip solutions | - | 70/100 | |
2nd | Ampere Computing 2017, Santa Clara (United States), Acquired | Provider of cloud-native processors | $340M | NuVentures, ArmÌý&²¹³¾±è;Ìý | 68/100 |
3rd |  Tsinghua Unigroup 1988, Beijing (China), Acquired | Provider of semiconductor solutions for the cellular and connectivity market | $1.46B | 66/100 | |
4th | Graphcore 2016, Bristol (United Kingdom), Acquired | Provider of processors and IPUs for enterprises | $767M | Robert Bosch Venture Capital, Sakal venturesÌý&²¹³¾±è;Ìý | 65/100 |
5th |  IntelliFusion 2014, Shenzhen (China), Public | Provider of AI and cloud-based vision processing units for video analytics applications | $287M | BridgeOne Capital, Sirius CapitalÌý&²¹³¾±è;Ìý | 62/100 |
6th | Cornami 2012, Santa Clara (United States), Series D | Provider of AI-powered microprocessors for parallel computing applications | $211M | AIC, SoftBank Vision FundÌý&²¹³¾±è;Ìý | 60/100 |
7th | Provider of AI-based neural processing unit chipsets | - | 65/100 | ||
8th | Alif Semiconductor 2019, Pleasanton (United States), Series B | Provider of processors and microcontrollers for AI computing | $72.4M | Celesta Capital, Kleiner PerkinsÌý&²¹³¾±è;Ìý | 59/100 |
9th |  Lightmatter 2017, Boston (United States), Series D | Developer of AI based photonic microprocessors for supercomputers | $850M | Aliya, Hewlett Packard PathfinderÌý&²¹³¾±è;Ìý | 64/100 |
10th | Kneron 2015, San Diego (United States), Series B | Provider of hardware and software solutions for edge AI applications | $226M | Winbond, ADATA TechnologyÌý&²¹³¾±è;Ìý | 64/100 |
30th | 2016, Mountain View (United States), Series D | Provider of tensor processing units and processors | $1B | Samarthya Investment Advisors, Maropost VenturesÌý&²¹³¾±è;Ìý | 58/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Groq's competitors? Click to see the top ones
Groq's Investments and acquisitions
Groq has made no investments or acquisitions yet.
Reports related to Groq
Here is the latest report on Groq's sector:
View
News related to Groq
Media has covered Groq for a total of 20 events in the last 1 year, 5 of them have been about company updates and 4 about partnerships.
•
PR Newswire•Apr 09, 2025•Groq
•
PR Newswire•Apr 08, 2025•Groq
•
Jewish Business News•Feb 17, 2025•Groq
•
MobileWorldLive•Feb 10, 2025•Groq
•
TradingView•Feb 10, 2025•Groq, Aramco Digital, Cisco Investments, Samsung Catalyst Fund and 8 others
•
•
•
Financial Post•Sep 16, 2024•Groq,
•
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Our Lite Plan Awaits you - Its Free!
Sign up now to unlock full access to curated data
4M+ Companies- 212K+ Investors
- 580K+ Funding Rounds
- 207K+ Acquisitions
- 2.9K+ Sectors
- 57K+ Business Models
Are you a Founder ?
FAQ's about Groq
Explore our recently published companies
- mea Energieagentur - Schwerin based, 1996 founded, Funding Raised company
- Spordikoolituse ja -Teabe - Tallinn based, 2002 founded, Funding Raised company
- Czech Aerospace Cluster - Kunovice based, 2010 founded, Funding Raised company
- Nortech Engineering & Automation - Halesowen based, 2016 founded, Unfunded company
- Strata Sales - Leamington Spa based, 2005 founded, Unfunded company
- Plastic Furniture - Gateshead based, 1991 founded, Unfunded company
