Groq was founded in 2016 by Jonathan Ross. The company has not publicly endorsed plans to participate in an IPO.
Groq is an AI chip company that designs "radically simple elegant processor architecture technology to accelerate complex workloads in artificial intelligence, machine learning, and high-performance computing." The company is notable for the versatility of its product, reporting customers in industries that range from financial services to autonomous driving. Groq acquired Maxeler Technologies in 2022 and has raised more than $360 million in venture capital from investors including Tiger Global, D1 Capital, Addition, GCM Grosvenor, and Firebolt Ventures. After a $300 million Series C funding round, Ross announced that the company had surpassed a $1 billion valuation according to a 2021 Forbes' article.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Groq does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Groq will be known as it becomes public. Here are similar public companies: Hewlett Packard (NYS: HPE), Nvidia (NAS: NVDA), Dell Technologies (NYS: DELL), Sony (NYS: SONY), IBM (NYS: IBM).
Groq is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
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Groq is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.