Skip to main content
Groq logo

Groq

๐Ÿ”ฅ HOT

Everything you need to know about Groq โ€” from their $1.39B in funding to who's backing them.

๐Ÿ‡บ๐Ÿ‡ธUnited StatesAcquiredAI Infrastructure
Updated Mar 24, 2026

Out of 100

๐Ÿ‡บ๐Ÿ‡ธ

HQ

United States

๐Ÿ—“

Founded

2016

๐Ÿ’ฐ

Raised

$1.39B

๐Ÿท๏ธ

Stage

Acquired

๐Ÿ‘ฅ

Team

300

$20B

Post-money

$1.39B

All rounds

80/100

2016

300 employees

๐Ÿ’ตEst. Annual Revenue
$500Mโ€“$5B estimated ARR

Awaira estimate based on public data. Not financial advice.

Groq is an AI infrastructure company founded in 2016 that designs and manufactures specialized processors for artificial intelligence workloads. The company's core product is the Language Processing Unit (LPU), a custom-built chip architecture optimized for inference tasks in large language models and other AI applications. Unlike traditional GPUs designed for general-purpose computing, Groq'sโ€ฆ

Is this your company? Claim it โ†’

Strengths

โœ“

Raised over $1.39B โ€” one of the best-funded AI companies

โœ“

Unicorn status with $20B valuation

โœ“

Elite Awaira Score of 80/100

Analysis based on publicly available data. Not investment advice.

Groq is a mega-cap AI company in the AI Infrastructure sector. Founded in 2016, the company is currently at the Acquired stage with a team of approximately 300 employees. With $1.39B in total disclosed funding, Groq has demonstrated the ability to attract institutional capital. The company competes with 3 other tracked AI Infrastructure companies on Awaira, including CoreWeave and Graphcore.

Awaira Score

80/100

Valuation

$20B

Total Funding

$1.39B

Founded

2016

Employees

300

Stage

Acquired

4

Total Rounds

$205M

Avg Round Size

4.8yr

Funding Span

Groq raised 4 rounds over 4.8 years, averaging $205M per round โ€” a pace of roughly one round every 15 months.

Groq holds unicorn status in the AI Infrastructure space, placing it among the highest-valued private AI companies globally.

Among 3 tracked competitors, Groq ranks #3 by valuation โ€” a metric investors and analysts use to gauge market standing.

Tracking Groq on Awaira provides real-time updates on funding rounds, investor activity, and competitive moves in the AI Infrastructure market.

Metricโ˜…GroqCoreWeaveGraphcoreNebius
Awaira Score80/10095/10085/10084/100
Total Raised$1.39B$2.38B$700M$2B
Valuation$20B$49B$500M$25B
StageAcquiredPublicAcquiredPrivate
Founded2016201720162023
Employees3001800500-10001,000
Country๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ณ๐Ÿ‡ฑ
J

Jonathan Ross

Founder & CEO

View founder profile โ†’
StageAcquired
Employees300
Country๐Ÿ‡บ๐Ÿ‡ธ United States
Connect
Inactive
4 rounds
Series DLatest

Led by SoftBank Vision Fund 2

$450M

Oct 2023

Series C

Led by Menlo Ventures

$300M

Apr 2021

Series B

Led by Sapphire Ventures

$40M

Jan 2021

Series A

Foundry Group, Lerer Hippeau

$30M

Jan 2019

Frequently Asked Questions

What is Groq's valuation?โ–พ
Based on the most recent funding round, the valuation sits at $20B.
Who invested in Groq?โ–พ
Known backers include SoftBank Vision Fund 2, Tiger Global, Foundry Group, Menlo Ventures, Sapphire Ventures, Lerer Hippeau. These investors have supported the company through various funding rounds.
When did Groq last raise funding?โ–พ
The most recent round was a Series D of $450M, closed in October 2023. The round was led by SoftBank Vision Fund 2.
How many employees does Groq have?โ–พ
The team is roughly 300 people, headquartered in United States.
What does Groq do?โ–พ
Groq is an AI infrastructure company founded in 2016 that designs and manufactures specialized processors for artificial intelligence workloads. The company's core product is the Language Processing Unit (LPU), a custom-built chip architecture optimized for inference tasks in large language models and other AI applications. The company operates in the AI Infrastructure sector from United States.
Who founded Groq?โ–พ
The company was started by Jonathan Ross in 2016 in United States. Jonathan Ross serves as Founder & CEO.
Is Groq profitable?โ–พ
Profitability details aren't publicly disclosed. The company has raised $1.39B in total funding and is currently at the Acquired stage.
Where is Groq headquartered?โ–พ
Headquarters are in United States ๐Ÿ‡บ๐Ÿ‡ธ. The company operates in the AI Infrastructure sector and was established in 2016.