Tenstorrent

● Recently verified Last updated: Jun 24, 2026 Data last verified: Jun 24, 2026

Tenstorrent: $5.5B valuation, IPO Readiness 71, Series E. Tenstorrent builds high-performance AI computing chips and open-source RISC-V processors competing with NVIDIA. Track live on The IPO Stack.

Series ESemiconductorspre-ipo
71
/100
IPO Readiness Score
Grade B — Moderate IPO Readiness
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
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Tenstorrent builds high-performance AI computing chips and open-source RISC-V processors competing with NVIDIA and AMD — founded by Ljubisa (Jim) Ristic, the legendary chip architect behind Apple M-series chips. Valued at $2.6B with $400M raised, Tenstorrent offers both enterprise AI training and inference accelerators with a software-first approach. Major chip IPO candidate as AI semiconductor demand grows to $300B+ and enterprise customers seek NVIDIA alternatives.

Valuation
$5.5B
Total Funding
$1.19B
Stage
Series E
Sector
Semiconductors
Headquarters
Santa Clara, CA
CEO
Jim Keller
IPO Status
pre-ipo

Funding History

Round Amount Date Lead Investors
Series D $500M Jun 2026
Series C $693M Feb 2024 Samsung, Hyundai
Series B $100M Apr 2022 Hyundai, LG Electronics
Series A $50M Jan 2020 Eclipse Ventures
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Track Tenstorrent IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Tenstorrent going public? +

Tenstorrent has not announced a specific IPO date as of 2026. With an IPO Readiness Score of 71/100, the company shows strong pre-IPO signals. Subscribe to The IPO Stack newsletter for weekly updates.

What is Tenstorrent's current valuation? +

Tenstorrent is valued at $5.5B as of February 2024. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Tenstorrent before IPO? +

Accredited investors can access Tenstorrent shares through secondary market platforms, pre-IPO investment funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace tracks available access options. Note: pre-IPO investments carry higher risk and limited liquidity compared to public market investing.

What is Tenstorrent's IPO Readiness Score? +

Tenstorrent scores 71/100 (Grade: B) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

How much total funding has Tenstorrent raised? +

Tenstorrent has raised $1.19B in total venture capital and private equity funding, with backing from Samsung, Hyundai, LG.

Who are Tenstorrent's key investors? +

Tenstorrent's notable investors include Samsung, Hyundai, LG, LG Electronics, Eclipse Ventures. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Tenstorrent in? +

Tenstorrent is a Semiconductors company. Tenstorrent builds high-performance AI computing chips and open-source RISC-V processors competing with NVIDIA and AMD —.

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