Tenstorrent
Latest round
- Series D
Last raised
- Oct 2026
Total raised
- $2.5B
Investors
- 40
About Tenstorrent
Based in Canada, Tenstorrent Inc.Founded in 2016 and headquartered in Toronto, Canada, Tenstorrent Inc. is recognized for creating technology solutions aimed at optimizing machine learning workloads. The company has not reported any significant shifts in its business strategy. The founders, Ivan Hamer, Ljubisa Bajic, and Milos Trajkovic, have a background in technology development, and Jim Keller serves as CEO.Tenstorrent specializes in advanced technology solutions centered on its core product, TT-Forge™, a MLIR-based compiler that optimizes workloads specifically for Tenstorrent's hardware. The compiler is designed to enhance the performance and efficiency of machine learning workloads, and it is positioned to integrate seamlessly with the company’s AI software library. The product is currently available in public beta, allowing developers to engage with the technology and provide feedback for further refinement. Tenstorrent's offerings are primarily targeted at developers and organizations engaged in artificial intelligence and machine learning, particularly in sectors that require high-performance computing solutions.Tenstorrent generates revenue through its innovative software solutions, particularly through the deployment of the TT-Forge™ compiler. The company’s business model involves direct-to-consumer transactions, where developers and organizations purchase access to its open-source tools and features. Revenue streams are enhanced through partnerships with technology firms requiring tailored optimization for their hardware. Transactions may include subscription models for ongoing support and updates or one-time fees for specific software licenses.In July 2025, Tenstorrent Inc. The initiatives aim to enhance product offerings and expand Tenstorrent's market reach in technology-focused regions.
Who invested in Tenstorrent
40 investors across 6 rounds
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Questions about Tenstorrent
Who invested in Tenstorrent?
Tenstorrent has 40 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Tenstorrent raised?
Tenstorrent has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did Tenstorrent last raise money?
Tenstorrent's most recent round on record is a Series D, in Oct 2026.
What does Tenstorrent do?
Based in Canada, Tenstorrent Inc.
Where is Tenstorrent headquartered?
Tenstorrent is headquartered in Toronto, Canada.
Which VCs invest in companies like Tenstorrent?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back hardware companies at Tenstorrent's stage. Their profiles are linked below.
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