About Groq
Groq is a company based in San Jose (United States) founded in 2016 by Jonathan Ross.. Groq has raised $1.75 billion across 6 funding rounds from investors including Cisco, Samsung and BlackRock. Groq has completed 1 acquisition, including Definitive Intelligence. Groq offers products and services including GroqCloud Platform and GroqRack Cluster. Groq operates in a competitive market with competitors including Rambus, Tsinghua Unigroup, Flex Logix, Lightmatter and Ambarella, among others.
- Headquarter San Jose, United States
- Founders Jonathan Ross
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Groq, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.75 B (USD)
in 6 rounds
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Latest Funding Round
$750 M (USD), Series E
Sep 17, 2025
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Investors
Cisco
& 22 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Groq
Groq offers a comprehensive portfolio of products and services, including GroqCloud Platform and GroqRack Cluster. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud-based platform for rapid AI model inference and deployment
High-performance hardware cluster for AI processing and acceleration
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Funding Insights of Groq
Groq has successfully raised a total of $1.75B across 6 strategic funding rounds. The most recent funding activity was a Series E round of $750 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series E — $750.0M
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First Round
First Round
(07 Dec 2016)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series E - Groq | Valuation | Disruptive | |
| Aug, 2024 | Amount | Series D - Groq | Valuation | Cisco Investments , BlackRock | |
| Apr, 2021 | Amount | Series C - Groq | Valuation | Tiger Global Management , D1 Capital Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Groq
Groq has secured backing from 23 investors, including venture fund and institutional investors. Prominent investors backing the company include Cisco, Samsung and BlackRock. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Technology investments and expertise in networking, cloud, and security services.
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Founded Year | Domain | Location | |
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Venture capital fund investing in deep-tech infrastructure and platforms.
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Founded Year | Domain | Location | |
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Secondary market fund focused on LP and direct secondary transactions
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Groq
Groq has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Definitive Intelligence. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online user acquisition and business intelligence platform
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2022 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Groq
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Groq Comparisons
Competitors of Groq
Groq operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rambus, Tsinghua Unigroup, Flex Logix, Lightmatter and Ambarella, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based silicon IP and chip solutions are developed and licensed.
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| domain | founded_year | HQ Location |
Semiconductor solutions are provided for cellular and connectivity markets.
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| domain | founded_year | HQ Location |
Provider of a reconfigurable computing company that provides embedded FPGA (eFPGA) IP, architecture, and software to enable flexible and efficient computing solutions for a wide range of industries
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| domain | founded_year | HQ Location |
3D-stacked photonic chips for AI computing are developed.
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| domain | founded_year | HQ Location |
AI-enabled image processors are manufactured for ADAS and security applications.
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| domain | founded_year | HQ Location |
Provider of AI and cloud-based vision processing units for video analytics applications
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Groq
Frequently Asked Questions about Groq
When was Groq founded?
Groq was founded in 2016.
Where is Groq located?
Groq is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Who is the current CEO of Groq?
Jonathan Ross is the current CEO of Groq. They have also founded this company.
Is Groq a funded company?
Groq is a funded company, having raised a total of $1.75B across 6 funding rounds to date. The company's 1st funding round was a Series C of $300M, raised on Dec 07, 2016.
What does Groq do?
Groq was founded in 2016 in San Jose, United States, within the AI hardware sector. Inference-specific LPUs are developed to support AI workloads. GroqCloud is offered as a cloud-based platform for AI inference tasks. On-premise solutions like GroqRack are provided for data center deployments. Operations emphasize scalable performance through a custom LPU architecture, serving enterprise and research needs.
Who are the top competitors of Groq?
Groq's top competitors include Lightmatter, Ambarella and Preferred Infrastructure.
What products or services does Groq offer?
Groq offers GroqCloud Platform and GroqRack Cluster.
How many acquisitions has Groq made?
Groq has made 1 acquisition, including Definitive Intelligence.
Who are Groq's investors?
Groq has 23 investors. Key investors include Cisco, Samsung, BlackRock, Social Capital, and Grosvenor Capital Management.
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