Tenstorrent vs Groq
Side-by-side on valuation, funding, investors, founders & more
Comparison updated: April 2026
Groq is valued at $20B — more than 3x Tenstorrent's $3.2B.
Head-to-Head Verdict
Tenstorrent
1 win
Groq
2 wins
Key Numbers
🇨🇦 Canada · Ljubisa Bajic
Valuation
$3.2B
Total Funding
$1.2B
400 employees
🇺🇸 United States · Jonathan Ross
Valuation
$20B
Total Funding
$1.4B
300 employees
Both companies compete in the AI Infrastructure space, though from different geographies — Tenstorrent in Canada and Groq in United States. Different stages (Series D vs Acquired) mean these companies face fundamentally different operational priorities.
Analyst Summary
Built from real data · Updated April 2026
Companies
In the AI Infrastructure market, Tenstorrent and Groq represent two distinct approaches. Tenstorrent is a Canadian AI infrastructure company founded in 2016 that designs and manufactures specialized processors and software platforms for artificial intelligence workloads. Groq is an AI infrastructure company founded in 2016 that designs and manufactures specialized processors for artificial intelligence workloads.
Funding & Valuation
Groq commands a $20B valuation — roughly 6.3x that of Tenstorrent at $3.2B, a gap that underscores their different scales. Both have attracted significant capital — Groq with $1.4B and Tenstorrent with $1.2B.
Growth Stage
Tenstorrent and Groq share a 2016 founding year, meaning neither has a seniority advantage. Tenstorrent is at Series D while Groq stands at Acquired, indicating different levels of maturity and investor risk. Team sizes also differ: Tenstorrent employs 400 people versus Groq's 300.
Geography & Outlook
Tenstorrent operates out of 🇨🇦 Canada while Groq is based in 🇺🇸 United States, giving each a distinct home-market advantage. Awaira's composite score rates them neck-and-neck: Tenstorrent at 80 and Groq at 80 out of 100. Under Ljubisa Bajic and Jonathan Ross respectively, both companies continue to chart aggressive growth paths.
Funding Velocity
Tenstorrent
Groq
Funding History
Tenstorrent has completed 5 funding rounds, while Groq has gone through 4. Tenstorrent's most recent round was a Series D of $1B, compared to Groq's Series D ($450M). Tenstorrent is at Series D while Groq is at Acquired — different points in their growth trajectory.
Team & Scale
Team sizes are in the same ballpark: Tenstorrent has about 400 people and Groq has around 300. Both companies were founded in 2016. Geographically, they're in different markets — Tenstorrent operates out of Canada and Groq from United States.
Metrics Comparison
| Metric | Tenstorrent | Groq |
|---|---|---|
💰Valuation | $3.2B | $20BWINS |
📈Total Funding | $1.2B | $1.4BWINS |
📅Founded | 2016 | 2016 |
🚀Stage | Series D | Acquired |
👥Employees | 400 | 300 |
🌍Country | Canada | United States |
🏷️Category | AI Infrastructure | AI Infrastructure |
⭐Awaira Score | 80 | 80 |
Key Differences
Valuation gap: Groq is valued 6.3x higher ($20B vs $3.2B)
Funding gap: Groq has raised $210M more ($1.4B vs $1.2B)
Growth stage: Tenstorrent is at Series D vs Groq at Acquired
Team size: Tenstorrent has 400 employees vs Groq's 300
Market base: 🇨🇦 Tenstorrent (Canada) vs 🇺🇸 Groq (United States)
Direct competitors: Both operate in the AI Infrastructure market segment
Which Should You Choose?
Use these signals to make the right call
Choose Tenstorrent if…
Top Pick- ✓Canada-based for regional compliance or proximity
- ✓Tenstorrent is a Canadian AI infrastructure company founded in 2016 that designs and manufactures specialized processors and software platforms for artificial intelligence workloads
Choose Groq if…
- ✓More established by valuation ($20B)
- ✓Stronger investor backing — raised $1.4B
- ✓United States-based for regional compliance or proximity
- ✓Groq is an AI infrastructure company founded in 2016 that designs and manufactures specialized processors for artificial intelligence workloads
Funding History
Tenstorrent raised $1.2B across 5 rounds. Groq raised $1.4B across 4 rounds.
Tenstorrent
Series D
Oct 2023
Series C
Jun 2021
Series B
Jan 2020
Series A
Jan 2018
Seed
Jan 2016
Groq
Series D
Oct 2023
Lead: SoftBank Vision Fund 2
Series C
Apr 2021
Lead: Menlo Ventures
Series B
Jan 2021
Lead: Sapphire Ventures
Series A
Jan 2019
Investor Comparison
No shared investors detected between these two companies.
Unique to Groq
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Explore Further
FAQ — Tenstorrent vs Groq
Is Tenstorrent bigger than Groq?▾
Which company raised more funding — Tenstorrent or Groq?▾
Which company has a higher Awaira Score?▾
Who founded Tenstorrent vs Groq?▾
What does Tenstorrent do vs Groq?▾
Which company was founded first?▾
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Are Tenstorrent and Groq competitors?▾
Bottom Line
It's close. Both Tenstorrent and Groq are strong players, and picking a winner depends on what you're looking for. Check each profile for the full picture.
Who Should You Watch?
This one's genuinely too close to call. Both companies are competitive, and the winner will likely come down to execution over the next 12-18 months. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.