Funding round
Groq Series A
Groq, which works in AI accelerator hardware development in San Jose, raised $10M in a Series A round announced on 20 Apr 2017, led by Social Capital. 3 firms took part. It is Groq's second venture round on record; the one before was a Seed in Apr 2017.
$10M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Groq did not disclose a valuation in this round. It is under 1% of the $2.41B Groq has raised in the venture rounds on record. Groq raised again 17 months later: a Series B round of $52M in Sep 2018. Its next priced round, a Series C in Apr 2021, valued it at $1.00B.
Groq's funding rounds
Groq has 7 venture rounds on record and 1 other deal. This one is highlighted.
- Seed 1 Apr 2017, led by Social Capital $10M
- Series A this round 20 Apr 2017, led by Social Capital $10M
- Series B 4 Sep 2018, led by Social Capital $52M
- Series C 14 Apr 2021, led by Tiger Global and D1 Capital Partners $300M$1.00B post-money
- Series D 5 Aug 2024, led by BlackRock Private Equity Partners and BlackRock $640M$2.80B post-money
- Growth 17 Sep 2025, led by Disruptive $750M$6.90B post-money
- Acquisition not a venture round 1 Dec 2025 $20.00B$20.00B post-money
- Growth 22 Jun 2026, led by Disruptive and Infinitum $650M
Investors
Who put money in
Social Capital led the round with 2 other firms.
Lead investor
- Social Capital backs 94 venture-backed companies
Also in the round
- backs 6 venture-backed companies
- Daniel Gross
Comparable rounds
How it compares
15 Series A rounds in Electronical Components Manufacturing within a year either side disclosed an amount; the median was $9.0M, and this round was close to the median. The closest in time, other companies' Series A rounds in Electronical Components Manufacturing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Electronical Components Manufacturing | 5 Apr 2017 | $5.0M | not disclosed | not named |
| Electronical Components Manufacturing | 22 Mar 2017 | $9.0M | not disclosed | dfj |
| Electronical Components Manufacturing | 16 Jun 2017 | $17M | not disclosed | Thermo and DIG Investment |
| Electronical Components Manufacturing | 16 Feb 2017 | $1.3M | not disclosed | not named |
| Electronical Components Manufacturing | 24 Jul 2017 | $24M | not disclosed | Cycle Capital |
| Electronical Components Manufacturing | 7 Nov 2016 | $2.0M | not disclosed | not named |
| Electronical Components Manufacturing | 31 Oct 2016 | $30M | not disclosed | Robert Bosch Venture Capital |
| Electronical Components Manufacturing | 11 Oct 2017 | $21M | not disclosed | August Capital |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Groq raise in its Series A round?
Groq raised $10M in its Series A round, announced in Apr 2017.
Who led Groq's Series A round?
Social Capital led it, with Conconi Growth Partners and Daniel Gross.
What was Groq's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Electronical Components Manufacturing?
15 Series A rounds in Electronical Components Manufacturing within a year either side disclosed an amount; the median was $9.0M, and this round was close to the median.
Did Groq raise again after this round?
Yes: a Series B round in Sep 2018 of $52M.