Open-source AI hardware and RISC-V compute building an alternative to Nvidia.
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.
Hardware📍 Santa Clara, CAFounded 2016
Current Valuation
$2.7B
as of 2024-Q4
UNICORN
QL Price
$1.8B
-40% vs last round
QuantLogix's current estimate for Tenstorrent, published 2026-10-07 — below the last disclosed round of $3.0B (2025-11).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round
$3.0B
2025-11
weight 0.52
Secondary market print
$657M
2026-06-27
weight 0.54
How this price has held up
No round has priced for Tenstorrent since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Tenstorrent, 2026-10-07 (e93b4bc6e5ac3841).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
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.
How much has Tenstorrent raised?
Tenstorrent has raised $1.2B in total, most recently a Series D of $693M in Dec 2024.
Is Tenstorrent publicly traded — can you buy Tenstorrent stock?
No. Tenstorrent is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Tenstorrent on its Pre-IPO Access Desk.
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.
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 10mo 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
Secondary price return by period
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
Round
Amount
Date
Lead Investor
Post-Money
Series D
$693M
Dec 2024
Samsung Securities and AFW Partners
—
Vertical Intelligence — AI / ML
Open models
0
verified organization
Downloads (30d)
0
across all models
Followers
308
Attributed to Hugging Face organization "Tenstorrent Inc." as of 2026-10-04. Open-weights footprint only — closed-model usage is not publicly measurable. Verify on Hugging Face ↗
Talent Signal
Hiring trend
▶ Hiring steady
-3% vs 2026-08
Open roles
127
via greenhouse
Product-build share
69%
engineering, research, product, design
Trajectory
steady
heavy product build — 69% of open roles are product-building functions (engineering/research/product) — 43 of 127 open roles are engineering.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Acceleration Kernel Developer LeadAI/ML Physical Design Flow EngineerBusiness Development Lead(robotics/automotive), APACChiplet Design ArchitectChiplet Physical Design Engineer C++ Machine Learning Engineer, Models Training
Counted from Tenstorrent's live job board as of 2026-09-15; 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
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.