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Groq

🔥 HOT
Updated Mar 24, 2026

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

🇺🇸United StatesAcquiredAI Infrastructure

Out of 100

🇺🇸

HQ

United States

🗓

Founded

2016

💰

Raised

$1.39B

🏷️

Stage

Acquired

👥

Team

300

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's

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Key Facts

  • Groq is valued at $20B as of March 2026.
  • Groq has raised a total of $1.39B in disclosed funding across 4 funding rounds.
  • Groq was founded in 2016 by Jonathan Ross and is headquartered in United States.
  • Groq employs approximately 300 people.
  • Groq operates in the AI Infrastructure category and is currently at the Acquired stage.
  • Groq has an Awaira Score of 80/100, ranking it among the highly notable AI companies on Awaira.
  • Groq's most recent funding round was a Series D of $450M closed in October 2023, led by SoftBank Vision Fund 2.

Source: Awaira · Updated Mar 24, 2026

$20B

Post-money

$1.39B

All rounds

80/100

2016

300 employees

Strengths

Raised over $1.39B — one of the best-funded AI companies

Unicorn status with $20B valuation

Elite Awaira Score of 80/100

Analysis based on publicly available data. Not investment advice.

4

Total Rounds

$205M

Avg Round Size

4.8yr

Funding Span

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

⚠️ ESTIMATE
💵Est. Annual Revenue
$500M–$5B estimated ARR

Awaira estimate based on public data. Not financial advice.

How does Groq stack up against competitors?

MetricGroqCoreWeaveGraphcoreNebius
Awaira Score80/10095/10085/10084/100
Total Raised$1.39B$2.38B$767M$2B
Valuation$20B$49B$600M$25B
StageAcquiredPublicAcquiredPrivate
Founded2016201720162023
Employees3001800500-10001,000
Country🇺🇸🇺🇸🇬🇧🇳🇱
J

Jonathan Ross

Founder & CEO

View founder profile →
StageAcquired
Employees300
Country🇺🇸 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?
Based on the most recent funding round, the valuation sits at $20B.
Who invested in Groq?
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?
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?
The team is roughly 300 people, headquartered in United States.
What does Groq do?
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?
The company was started by Jonathan Ross in 2016 in United States. Jonathan Ross serves as Founder & CEO.
Is Groq profitable?
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?
Headquarters are in United States 🇺🇸. The company operates in the AI Infrastructure sector and was established in 2016.
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