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Tenstorrent

Open-source AI hardware and RISC-V compute building an alternative to Nvidia.
Hardware 📍 Santa Clara, CA Founded 2016
Current Valuation
$2.7B
as of 2024-Q4
UNICORN

IPO Outlookprivate

Is Tenstorrent going public?
No. Tenstorrent is private and has not filed to go public. There is no S-1 on file.
What is Tenstorrent's valuation in 2026?
Tenstorrent is valued at $2.7B as of 2024-Q4, set by its Series D ($693M, Dec 2024). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Tenstorrent filed an S-1?
No public S-1 is on file for Tenstorrent.
Who are Tenstorrent's investors?
Tenstorrent's investors include Samsung Securities, AFW Partners, Jeff Bezos (Bezos Expeditions), Hyundai Motor Group, Fidelity Management, XTX Markets and 2 more.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Tenstorrent designs open-source AI processors and RISC-V CPUs as a low-cost, customer-customizable alternative to Nvidia. Led by legendary chip architect Jim Keller (ex-Apple, Tesla, AMD, Intel). Closed a $693M Series D in December 2024 at a $2.7B post-money valuation led by Samsung Securities and AFW Partners.

Company Profile

CEO
Jim Keller
Founded
2016
HQ
Santa Clara, CA
Employees
500-1000
Total Raised
$1.2B
Last Round
Series D — $693M (Dec 2024) · Lead: Samsung Securities and AFW Partners
IPO Status
private

Fundraising Status

Series D · $693M · 1y 8mo ago
privateTotal raised $1.2B

Secondary Market

Implied price / share
$17.23
Last round price / share
$78.83
vs last round
-78.1%
Open interest
19
Last round price vs secondary price
Last round vs current secondary price per share$78.83Last round$17.23Current
Secondary price return by period
Secondary market period returns3-month-75.2%6-month-75.4%1-year-76.0%All-time-39.6%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series D$693MDec 2024Samsung Securities and AFW Partners

Vertical Intelligence — AI / ML

Open models
0
verified organization
Downloads (30d)
0
across all models
Followers
300
Attributed to Hugging Face organization "Tenstorrent Inc." as of 2026-08-19. Open-weights footprint only — closed-model usage is not publicly measurable. Verify on Hugging Face ↗

Talent Signal

Hiring trend
Hiring steady
15% of roles posted in last 30d
Open roles
131
via greenhouse
Product-build share
82%
engineering, research, product, design
Trajectory
steady
heavy product build — 82% of open roles are product-building functions (engineering/research/product) — 58 of 131 open roles are engineering.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month131Aug '26
Open roles by function
Open roles by functionEngineering58Design25Hardware13Other9Product9Ops & People7Sales & GTM6Data & ML2Research1
product-building   go-to-market / G&A
Acceleration Kernel Developer LeadAI/ML Physical Design Flow EngineerAnalog Design EngineerAutomotive and Robotics SOC Architect Chiplet Design ArchitectChiplet Physical Design Engineer
Counted from Tenstorrent's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Ljubisa BajicMilos TrajkovicIvan Hamer

Investors

Samsung Securities · AFW Partners · Jeff Bezos (Bezos Expeditions) · Hyundai Motor Group · Fidelity Management · XTX Markets · LG Electronics · Baillie Gifford

Products

  • Wormhole AI processor
  • Blackhole AI processor
  • Grayskull AI processor
  • Ascalon RISC-V CPU IP
  • Tenstorrent Galaxy server

Competitors

Nvidia · AMD · Cerebras · Groq · SambaNova · Graphcore
AIHardwareRISC-VAI ChipsUnicorn
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q4. Refreshed quarterly.