Private Market View

Tenstorrent

Application Specific Semiconductors · Santa Clara, CA · Founded 2016 · Privately Held (backing)

PA Mark · $/share
$76
Sep 2026
Implied valuation
$3.2B
Total raised
$1.0B
Last round
Later Stage VC

Key facts

as of Sep 2026
  • Tenstorrent’s last known valuation is $3.2B (Mar 2026).
  • It has raised $1.0B across 9 recorded rounds; the latest was Later Stage VC ($800.0M) in Mar 2026.
  • Notable investors include Plug and Play Tech Center, Creative Destruction Lab, Fidelity Management & Research Company, SBI Investment, University of Toronto — 58 tracked in total.
  • 6 institutional filers report fund marks on Tenstorrent across 160 filings.
  • 2 investment vehicles were formed to buy Tenstorrent shares in the last 12 months, reporting $31.0M sold to 342 investors, per SEC Form D filings.
  • Tenstorrent has filed 3 Form Ds with the SEC since 2017, most recently Feb 2019 ($20.5M sold to 6 investors).
  • Status: Privately Held (backing).
PA Mark — composite indicative price
LOW confidence
~$76per share
as of Sep 2026 · the exact daily mark is a member feature
Composed from 3 inputs:N-PORT marks 100%
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  • ·Post-money valuations for all 9 rounds
  • ·The complete investor list — 58 names
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Recorded secondary trades

No prints on record

No secondary trades in Tenstorrent shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.

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Institutional fund marks

6 filers · latest Jun 2026

6 SEC-registered funds reported 160 fair-value marks on Tenstorrent between Apr 2025 and Jun 2026. Filer-level marks and implied $/share are available to Pro members.

Unlock 160 fund marks

Funding rounds

9 rounds
Later Stage VC$800.0M▮
Mar 2026Later Stage VC$800.0M▮
Dec 2024Series D1$700.0M▮
Aug 2023Later Stage VC$100.0M▮
May 2021Series C$200.0M▮
Full funding history →

Secondary demand: investment vehicles

from SEC Form D filings

In the last 12 months, 2 investment vehicles were formed to buy Tenstorrent shares, reporting $31.0M sold to 342 investors across 2 sponsors. Most recent filing Jun 2026. Vehicles like these are how secondary buyers pool demand for a name; a rising count is a demand signal.

The vehicle list — each sponsor, filing date, amount sold and investor count — is a Pro table. Unlock the 2 vehicles →
Companies with the most vehicle activity →

Leadership

Live secondary market
offer $1.001 active listings

Indicative levels observed on the secondary market. Private Market View is a data platform — it does not execute transactions or take buy or sell interest.

About Tenstorrent

Developer of application-specific integrated circuit processors designed to provide training and adaptability to algorithms. The company offers computing architectures, acceleration hardware, open-source compilers, and development tools that facilitate workload optimization across scalable systems, enabling organizations in sectors such as tech and semiconductors to improve computational efficiency, model performance, support customization through open architectures, and integrate workloads into diverse operational environments.

Industry
Application Specific Semiconductors
Sector
Information Technology
HQ
Santa Clara, CA, United States
Founded
2016
Employees
454
Ownership
Privately Held (backing)