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Groq vs Modal

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Groq is valued at $20B — more than 3x Modal's $1.1B.

Head-to-Head Verdict

Groq leads on 5 of 5 metrics

Groq

5 wins

+Valuation
+Funding
+Awaira Score
+Team Size
+Experience

Modal

0 wins

-Valuation
-Funding
-Awaira Score
-Team Size
-Experience

Key Numbers

Valuation
$20B
$1.1B
Total Funding
$1.4B
$111M
Awaira Score
80/100
71/100
Employees
300
30
Founded
2016
2021
Stage
Acquired
Series B
GroqModal
Winner
Groq logo
Groq

🇺🇸 United States · Jonathan Ross

AcquiredAI InfrastructureEst. 2016

Valuation

$20B

Total Funding

$1.4B

Awaira Score80/100

300 employees

Full Groq Profile →
Modal logo
Modal

🇺🇸 United States · Erik Bernhardsson

Series BAI InfrastructureEst. 2021

Valuation

$1.1B

Total Funding

$111M

Awaira Score71/100

30 employees

Full Modal Profile →
Market Context

Groq and Modal are both AI Infrastructure companies based in United States, making this a direct domestic rivalry. The stage gap — Groq at Acquired vs Modal at Series B — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

Groq and Modal both operate in AI Infrastructure, though their strategies diverge significantly. Groq is an AI infrastructure company founded in 2016 that designs and manufactures specialized processors for artificial intelligence workloads. Modal is an AI infrastructure company founded in 2021 that provides cloud computing tools for machine learning and artificial intelligence applications.

Funding & Valuation

A 18.2x valuation gap separates these companies — Groq at $20B and Modal at $1.1B. With $1.4B raised, Groq has attracted substantially more capital than Modal ($111M).

Growth Stage

Groq (est. 2016) predates Modal (est. 2021) by 5 years, a significant head start in building market presence. Growth stages differ: Groq (Acquired) versus Modal (Series B), a distinction that matters for both deal structure and competitive positioning. Headcount tells a story too: Groq has 300 employees and Modal has 30.

Geography & Outlook

Both companies are headquartered in 🇺🇸 United States, competing for the same regional talent pool and customer base. Groq holds a moderate edge on Awaira's composite score (80 vs. 71), driven by stronger fundamentals in funding and growth metrics. Groq, led by Jonathan Ross, and Modal, led by Erik Bernhardsson, each bring distinct leadership visions to the AI sector.

Funding Velocity

Groq

Total Rounds4
Avg. Round Size$205M
Funding Span4.7 yrs

Modal

Total Rounds1
Avg. Round Size$7M

Funding History

Groq has completed 4 funding rounds, while Modal has gone through 1. Groq's most recent round was a Series D of $450M, compared to Modal's Seed ($7M). Groq is at Acquired while Modal is at Series B — different points in their growth trajectory.

Team & Scale

Groq is significantly larger with about 300 employees, compared to Modal's 30. That's a 10x difference in headcount. Groq has a 5-year head start, founded in 2016 vs Modal's 2021. Both are based in United States.

Metrics Comparison

MetricGroqModal
💰Valuation
$20BWINS
$1.1B
📈Total Funding
$1.4BWINS
$111M
📅Founded
2016
2021WINS
🚀Stage
Acquired
Series B
👥Employees
300
30
🌍Country
United States
United States
🏷️Category
AI Infrastructure
AI Infrastructure
Awaira Score
80WINS
71

Key Differences

💰

Valuation gap: Groq is valued 18.2x higher ($20B vs $1.1B)

📈

Funding gap: Groq has raised $1.3B more ($1.4B vs $111M)

📅

Market experience: Groq has 5 years more (founded 2016 vs 2021)

🚀

Growth stage: Groq is at Acquired vs Modal at Series B

👥

Team size: Groq has 300 employees vs Modal's 30

⚔️

Direct competitors: Both operate in the AI Infrastructure market segment

Awaira Score: Groq scores 80/100 vs Modal's 71/100

Which Should You Choose?

Use these signals to make the right call

Groq logo

Choose Groq if…

Top Pick
  • Higher Awaira Score — 80/100 vs 71/100
  • More established by valuation ($20B)
  • Stronger investor backing — raised $1.4B
  • More market experience — founded in 2016
  • Groq is an AI infrastructure company founded in 2016 that designs and manufactures specialized processors for artificial intelligence workloads
Modal logo

Choose Modal if…

  • Modal is an AI infrastructure company founded in 2021 that provides cloud computing tools for machine learning and artificial intelligence applications

Funding History

Groq raised $1.4B across 4 rounds. Modal raised $111M across 1 round.

Groq

Series D

Oct 2023

Lead: SoftBank Vision Fund 2

$450M

Series C

Apr 2021

Lead: Menlo Ventures

$300M

Series B

Jan 2021

Lead: Sapphire Ventures

$40M

Series A

Jan 2019

$30M

Modal

Seed

Jan 2022

$7M

Investor Comparison

No shared investors detected between these two companies.

Unique to Groq

SoftBank Vision Fund 2Tiger GlobalFoundry GroupMenlo VenturesSapphire VenturesLerer Hippeau

Users Also Compare

FAQ — Groq vs Modal

Is Groq bigger than Modal?
By valuation, Groq is the larger company at $20B versus $1.1B — a 18.2x difference. Size can also be measured by team: Groq employs 300 people while Modal has 30 employees.
Which company raised more funding — Groq or Modal?
Groq has raised more in total funding at $1.4B, compared to Modal's $111M — a gap of $1.3B. Combined, the two companies have completed 5 known funding rounds.
Which company has a higher Awaira Score?
Groq leads with an Awaira Score of 80/100, while Modal sits at 71/100. That 9-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Groq vs Modal?
Groq was founded by Jonathan Ross in 2016. Modal was founded by Erik Bernhardsson in 2021. Visit each company's profile on Awaira for a full founder biography.
What does Groq do vs Modal?
Groq: 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 LPUs prioritize deterministic latency and throughput for sequential AI processing, enabling faster token generation in inference scenarios. Groq has positioned itself as an alternative to NVIDIA's GPU-dominated infrastructure market, targeting enterprises requiring high-performance AI inference at scale. The company offers cloud-based access to its hardware through GroqCloud, allowing developers to run inference workloads with reduced latency compared to conventional GPU implementations. Groq operates in the competitive AI infrastructure sector, competing with established players like NVIDIA, as well as emerging alternatives including custom chip manufacturers and cloud providers developing proprietary AI accelerators. In December 2025, Nvidia and Groq announced an agreement reportedly valued at approximately $20 billion to license Groq's AI inference technology. Groq's growth trajectory reflects increasing enterprise demand for efficient inference infrastructure. Groq's LPU architecture specifically optimizes for inference latency rather than training, addressing a distinct performance bottleneck in deployed AI systems. Groq operates in the AI Infrastructure sector and is headquartered in United States. Founded in 2016 by Jonathan Ross, Groq has raised $1.4B in total funding, achieving a valuation of $20B as of its latest round. The company's funding journey includes a Series A of $30M in 2019, a Series B of $40M in 2021, a Series C of $300M in 2021, a Series D of $450M in 2023. The most recent round was led by SoftBank Vision Fund 2. With approximately 300 employees, Groq has established itself as a Acquired-stage player in the AI Infrastructure market. The company holds an Awaira Score of 80/100, reflecting its strong position across valuation, funding trajectory, team scale, and market influence. Groq competes in a rapidly evolving segment alongside other AI Infrastructure companies. Based in United States, Groq is part of a growing international AI ecosystem attracting talent and investment. The AI Infrastructure space has attracted significant investment in recent years, with companies racing to capture enterprise and consumer demand for AI-powered solutions. Modal: Modal is an AI infrastructure company founded in 2021 that provides cloud computing tools for machine learning and artificial intelligence applications. The platform enables developers to build, deploy, and scale AI models with reduced infrastructure complexity. Modal's core offering centers on serverless computing infrastructure specifically optimized for AI workloads, allowing users to run GPU-intensive tasks without managing underlying hardware directly. The company positions itself within the broader AI infrastructure category, competing alongside platforms like Replicate, Lambda Labs, and cloud providers' AI services. Modal's approach focuses on simplifying the deployment pipeline for machine learning models, enabling developers to move from development to production environments more efficiently. The platform supports various frameworks and use cases including LLM inference, image generation, and general machine learning tasks. Founded in 2021, Modal operates at the Seed stage with total funding of $20 million and a valuation of $0.1 billion. The company benefits from growing demand for accessible AI infrastructure as organizations scale machine learning workloads. Modal's customer base includes AI developers and teams building applications that require computational resources beyond typical cloud offerings. The competitive landscape remains fragmented, with multiple players addressing different aspects of AI infrastructure. Modal's growth trajectory reflects broader market expansion in AI tooling and infrastructure services. Modal addresses the infrastructure gap between AI research and production deployment by offering serverless computing optimized specifically for GPU-intensive machine learning workloads.
Which company was founded first?
Groq got there first, launching in 2016 — that's 5 years of extra runway. Modal didn't arrive until 2021. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Groq has about 300 employees; Modal has about 30. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Groq and Modal competitors?
Yes — they're direct rivals. Both Groq and Modal compete in AI Infrastructure, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Groq edges ahead with an Awaira Score of 80, but Modal (71) isn't far behind. The gap is narrow enough that it could shift with the next funding round.

Who Should You Watch?

Groq has a slight edge on paper, but Modal isn't far behind. The AI space moves fast — today's underdog can be tomorrow's category leader. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive