Tenstorrent Revenue and Competitors

Toronto, ON CAN

Location

#897

Growjo Ranking

Hardware

Industry

Estimated Revenue & Valuation

  • Tenstorrent's estimated annual revenue is currently $104M per year.(i)
  • Tenstorrent's estimated revenue per employee is $178,000
  • Tenstorrent's total funding is $1B.
  • Tenstorrent's current valuation is $2.6B. (December 2024)

Employee Data

  • Tenstorrent has 584 Employees.(i)
  • Tenstorrent grew their employee count by 46% last year.

Tenstorrent's People

NameTitleEmail/Phone
1
Co-FounderReveal Email/Phone
2
Chief StaffReveal Email/Phone
3
Chief Operating OfficerReveal Email/Phone
4
CEOReveal Email/Phone
5
Head Developer RelationsReveal Email/Phone
6
VP Legal StrategyReveal Email/Phone
7
VP Operating Systems and Infrastructure SoftwareReveal Email/Phone
8
VP Hardware EngineeringReveal Email/Phone
9
VP, AI Hardware and ModelsReveal Email/Phone
10
VP OperationsReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$15.4M487%N/AN/A
#2
$3.1M130%N/AN/A
#3
$53.2M13310%N/AN/A
#4
$1.8M9-31%N/AN/A
#5
$446.3M797N/AN/AN/A
#6
$244M488-1%N/AN/A
#7
$20.2M56-19%N/AN/A
#8
$0.6M3N/AN/AN/A
#9
$5.9M2111%N/AN/A
#10
$45.6M114-10%N/AN/A
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What Is Tenstorrent?

At Tenstorrent, we are creating the next generation of high-performance processor ASICs, specifically engineered for deep learning and smart hardware. Our processor is designed to excel at both learning and inference, while being software-programmable to support future innovations in the field of machine learning. The processor's architecture easily scales from battery-powered IoT devices to large cloud servers, and surpasses today's solutions by several orders of magnitude in raw performance and energy efficiency. Our team, made up of alumni from hardware industry leaders like NVIDIA and AMD, is committed to providing the core hardware necessary to increase the pace of deep learning research and enable smart devices to live untethered from the power grid and the Internet. We are based in Toronto and proudly backed by Real Ventures, the Canadian VC of the Year two years running.

keywords:N/A

$1B

Total Funding

584

Number of Employees

$104M

Revenue (est)

46%

Employee Growth %

$2.6B

Valuation

N/A

Accelerator

Tenstorrent News

2022-04-17 - SiFive and BrainChip Partner to Demo IP Compatibility

... first hardware IP partner, SiFive has design wins for its host processor IP, including data center AI accelerator company Tenstorrent.

2022-04-17 - Legendary chip designer builds team in B’luru

Tenstorrent was founded by a team that included Ljubisa Bajic, who had previously worked at Nvidia and AMD. It was at AMD that Keller and Bajic...

2021-05-21 - Tenstorrent Raises Over $200M in Funding; Valued at $1 Billion

Grayskull board (CNW Group/Tenstorrent Inc) Tenstorrent, a Toronto, Canada-based a hardware startup developing next generation computers, raised over $200M in funding round at a $1 billion valuation. The round was led by Fidelity Management and Research Company with participation from Eclipse ...

2021-05-20 - Hardware startup Tenstorrent raises over $200 million in funding, claims $1 billion valuation

Tenstorrent, a Toronto-based startup that develops computing hardware for artificial intelligence applications, has raised over $200 million in funding, which the company reported brings its valuation to $1 billion. “Having a great investor like Fidelity is going to help us build a sustainable ...

2021-05-20 - Tenstorrent Raises over $200 million at $1 billion Valuation to Create Programmable, High Performance AI Computers

TORONTO, May 20, 2021 /PRNewswire/ - Tenstorrent, a hardware start-up developing next generation computers, announced today that it has raised over $200 million in a recent funding round that values the company at $1 billion. The round was led by Fidelity Management and Research Company and in ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$197.1M58412%N/A
#2
$197.1M5841%N/A
#3
$75M5875%N/A
#4
$162M5895%N/A
#5
$187.9M5942%N/A