Status
Available
Last Round Valuation
$50 Billion
Share Price
$50.00
Already have an account? Sign In
Groq is a real-time AI inference company and the creator of the LPU Inference Engine, the fastest language processing accelerator on the market. It is architected from the ground up to achieve low latency, energy-efficient, and repeatable inference performance at scale. Customers rely on the LPU Inference Engine as an end-to-end solution for running Large Language Models and other GenAI applications at 10x the speed.
Groq is a real-time AI inference company and the creator of the LPU Inference Engine, the fastest language processing accelerator on the market. Groq is addressing the need for efficient and specialized AI inference processing. Their chips are designed to optimize the performance of servers running already-developed AI applications, rather than focusing on the training phase of AI models. This specialization can lead to faster processing, lower costs, and potentially lower energy consumption compared to general-purpose chips that are also used for training. Customers rely on the LPU Inference Engine as an end-to-end solution for running Large Language Models and other GenAI applications.
Groq currently supports 356,000 developers on its GroqCloud for real-time LLM inference, with 22,000 new applications running, and has secured significant deals including with Saudi Aramco for a large LPU deployment and an unnamed partner to distribute over 10% of the 1.5 million LPUs planned by 2025. The company anticipates that by next year, its deployed LPUs will match the combined computing power of all hyperscalers, already holding a substantial share of that goal.
In March 2024, Groq acquired Definitive Intelligence, a company redefining how businesses utilize data and empowering organizations to unlock actionable insights – all powered by AI.
In August 2024, Groq raised $640 million in a new funding round led by Blackrock. Neuberger Berman, Type One Ventures, Cisco, KDDI and Samsung Catalyst Fund also participated. Groq says that a portion of the proceeds from the round will be used to scale capacity and add new models and features.
Your access to private investment
Customers
Nulla malesuada justo velit, eget
Donec rhoncus sapien sit amet mauris consectetur convallis. Proin mollis eros vel orci.
Key Investors
Pellentesque tempus, ipsum id suscipit tristique, Aenean lacinia quis tortor sed, ornare Integer vel.
Size of Market
Mauris velit nisl, ultrices ut est quis, dapibus euismod tellus. Ut finibus ultricies sollicitudin. Vivamus a aliquet magna. Fusce lacinia urna in laoreet facilisis. Aliquam dignissim efficitur sapien eu convallis.
Market Position
Nam volutpat purus vel lacus pellentesque porttitor sed in orci. Vivamus porttitor sit amet tellus non sollicitudin. Suspendisse sit amet turpis nisi. In sem velit, interdum at augue id, eleifend tristique nunc, Maecenas scelerisque.
Industry
Mauris velit nisl
Primary Vertical
Artificial Intelligence
Employees
500
Mosaic Score
840
Money
760
Momentum
850
Management
760
Market
960
What is a Mosaic Score?
| Name | Work History | Title | Status |
|---|---|---|---|
| John Smith | Aenean, quam eu, diam dignissim | Chief Executive Officer | Current |
| John Smith | Aenean, quam eu, diam dignissim | Chief Executive Officer | Current |
| John Smith | Aenean, quam eu, diam dignissim | Chief Executive Officer | Current |
| John Smith | Aenean, quam eu, diam dignissim | Chief Executive Officer | Current |
Last Round
Sept. 2019, Series B1
Valuation Post-Money
$400.2M
Amount Raised
$2.5M
Total Funds Raised
$75.2M
Implied Valuation
$84M
| Date | Round | Amount | Valuation | Investors |
|---|---|---|---|---|
| MM/DD/YYYY | Growth Equity | $1M | $2.8B | Name goes here |
| MM/DD/YYYY | Growth Equity | $1M | $2.8B | Name goes here |
| MM/DD/YYYY | Growth Equity | $1M | $2.8B | Name goes here |
| MM/DD/YYYY | Growth Equity | $1M | $2.8B | Name goes here |
| Company | Valued | Revenue |
|---|---|---|
|
Coinbase San Francisco, CA |
$2.8B | $1.3B |
|
Coinbase San Francisco, CA |
$2.8B | $1.3B |
|
Coinbase San Francisco, CA |
$2.8B | $1.3B |
