Groq was founded in 2016 by Jonathan Ross. Groq has not officially endorsed a plan to participate in an IPO.
Groq is a machine learning and artificial intelligence company that uses high-performance computing to improve workload efficiency for businesses. Per Forge data, Groq has raised a total of $362.6M in funding over 5 rounds, with their latest funding on Apr 14, 2021. Key investors include D1 Capital Partners, Tiger Global Management, Social Capital, and Infinitum Partners.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
08/05/2024 | Series D-1 | $114.78MM | $xx.xx | $2.81B | Assured Asset Management, Blackrock, Cisco Investments, Dhuna Ventures, Firestreak Ventures, Global Brain, Ironarc Ventures, Millennia Capital, Neuberger Berman, Opulentia, Referent Ventures, Samarthya Investment Advisors, Samsung, Sgh Capital, Type One Ventures | |
Price per Share
$xx.xx
Shares Outstanding
9,946,282
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Assured Asset Management, Blackrock, Cisco Investments, Dhuna Ventures, Firestreak Ventures, Global Brain, Ironarc Ventures, Millennia Capital, Neuberger Berman, Opulentia, Referent Ventures, Samarthya Investment Advisors, Samsung, Sgh Capital, Type One Ventures
|
||||||
08/05/2024 | Series D-2 | $31.77MM | $xx.xx | $2.81B | Assured Asset Management, Blackrock, Cisco Investments, Dhuna Ventures, Firestreak Ventures, Global Brain, Ironarc Ventures, Millennia Capital, Neuberger Berman, Opulentia, Referent Ventures, Samarthya Investment Advisors, Samsung, Sgh Capital, Type One Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,195,309
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Assured Asset Management, Blackrock, Cisco Investments, Dhuna Ventures, Firestreak Ventures, Global Brain, Ironarc Ventures, Millennia Capital, Neuberger Berman, Opulentia, Referent Ventures, Samarthya Investment Advisors, Samsung, Sgh Capital, Type One Ventures
|
||||||
08/05/2024 | Series D | $493.45MM | $xx.xx | $2.81B | Assured Asset Management, Blackrock, Cisco Investments, Dhuna Ventures, Firestreak Ventures, Global Brain, Ironarc Ventures, Millennia Capital, Neuberger Berman, Opulentia, Referent Ventures, Samarthya Investment Advisors, Samsung, Sgh Capital, Type One Ventures | |
Price per Share
$xx.xx
Shares Outstanding
30,690,948
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Assured Asset Management, Blackrock, Cisco Investments, Dhuna Ventures, Firestreak Ventures, Global Brain, Ironarc Ventures, Millennia Capital, Neuberger Berman, Opulentia, Referent Ventures, Samarthya Investment Advisors, Samsung, Sgh Capital, Type One Ventures
|
||||||
04/14/2021 | Series C | $224.14MM | $xx.xx | $1.33B | Addition, Boardman Bay Capital Management, D1 Capital, Firebolt Ventures, Gcm Grosvenor, General Global Capital, Infinitum Partners, Tdk Ventures, The Spruce House Partnership, Tiger Global Management, Tru Arrow Partners, X_, Xtx Ventures | |
Price per Share
$xx.xx
Shares Outstanding
19,422,557
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Addition, Boardman Bay Capital Management, D1 Capital, Firebolt Ventures, Gcm Grosvenor, General Global Capital, Infinitum Partners, Tdk Ventures, The Spruce House Partnership, Tiger Global Management, Tru Arrow Partners, X_, Xtx Ventures
|
||||||
08/12/2020 | Series B-1 | $1.93MM | $xx.xx | $558.13MM | D1 Capital Partners, Tdk Ventures | |
Price per Share
$xx.xx
Shares Outstanding
258,870
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
D1 Capital Partners, Tdk Ventures
|
||||||
08/12/2020 | Series B-2 | $114.08MM | $xx.xx | $558.13MM | D1 Capital Partners, Tdk Ventures | |
Price per Share
$xx.xx
Shares Outstanding
14,397,570
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
D1 Capital Partners, Tdk Ventures
|
||||||
09/05/2018 | Series A-1 | $20.66MM | $xx.xx | $347.26MM | Ascolta Ventures, Cleo Capital, Nfj Capital, Social Capital | |
Price per Share
$xx.xx
Shares Outstanding
4,227,919
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ascolta Ventures, Cleo Capital, Nfj Capital, Social Capital
|
||||||
09/05/2018 | Series B | $36.19MM | $xx.xx | $347.26MM | Ascolta Ventures, Cleo Capital, Nfj Capital, Social Capital | |
Price per Share
$xx.xx
Shares Outstanding
5,356,748
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ascolta Ventures, Cleo Capital, Nfj Capital, Social Capital
|
||||||
12/09/2016 | Series A | $10.67MM | $xx.xx | $35.58MM | Social Capital | |
Price per Share
$xx.xx
Shares Outstanding
10,977,528
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Social Capital
|