Groq

Processors for AI inference, called LPUs (Language Processing Units), and GroqCloud, a cloud platform that serves AI models to developers and enterprises. It operates data centers in North America, Europe, the Middle East and Asia Pacific.

Semiconductors & computeAI inference chips and inference cloud (neocloud)San Francisco, United States
FoundersSince 2016
Valuation
$3.5B
Total raised
$2.8B
Last round · Aug 2026
Series A
Founded
2016
Quarters in VP50
10

Valuation

$1B$10B20252026$3.5B
Groq priced rounds
RoundDatePost-money valuationRaisedLed by
Series DAug 5, 2024$2.8B$640Mfunds and accounts managed by BlackRock Private Equity Partners
Funding roundSep 17, 2025$6.9B$750MDisruptive
Series AAug 17, 2026$3.5B$350MDisruptive
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: no place
  2. Q1 2024: no place
  3. Q2 2024: #12
  4. Q3 2024: #9
  5. Q4 2024: #9
  6. Q1 2025: #17
  7. Q2 2025: #8
  8. Q3 2025: #9
  9. Q4 2025: #7
  10. Q1 2026: #8
  11. Q2 2026: #31
  12. Q3 2026: #33
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #7.

Funding rounds

DateRound · leadRaisedValuation
Aug 17, 2026Series A · Disruptive$350M$3.5B
Jun 22, 2026Funding round · Disruptive, Infinitum$650M—
Sep 17, 2025Funding round · Disruptive$750M$6.9B
Apr 14, 2021Series C · D1 Capital, Tiger Global Management$300M—
Sep 5, 2018Series B$52M—
Apr 20, 2017Series A · Social Capital$10M—

Team

Groq | Venture Place