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Etched

Etched

Private
San Jose, CaliforniaAI, Data & Cloud Infrastructurehttps://www.etched.com/

Last Round

Series B

Jan 13, 2026

Est. Valuation

$5B

Total Funding Raised

$1.13B

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Etched is a semiconductor company that designs specialized application-specific integrated circuits (ASICs) optimized for transformer-based artificial intelligence inference.

Sector

AI, Data & Cloud Infrastructure

Verticals

Semiconductors, Computing Hardware, ML Platforms, NLP & Conversational AI

Business Model

B2B

Customer Profile

Usage-Based SaaS, Hardware Sales, Hardware + Subscription

AI Layer

Infrastructure

Keywords

AI ASICtransformer inferenceAI chipAI acceleratorASICinference hardwaretransformer modelsfabless semiconductorLLM acceleratorchip designGPU alternativeAI infrastructurelow cost inferenceapplication-specific integrated circuithardware salesdeveloper cloud

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Etched Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Etched Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series BJan 13, 2026
Series BDec 1, 2025
Series AJun 25, 2024
SeedMar 1, 2023

Secondary Market Activity

Bids, offers, and trades by month

OperationDatePriceSizeShare ClassStructure
BID

Key People

Founding team and executive leadership

Gavin Uberti

Chief Executive Officer

Executive Team

Isaiah Goldsmith

Office Of The CEO

Executive Team

Etched Investors

Notable investors and investment history

InvestorRounds
Oceans VenturesSeries A
Jane StreetSeries B
FundomoSeries A
GaingelsSeries A
Positive SumSeries B, Series A
StripesSeries B
Fontinalis PartnersSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 30, 2026

    Grew 34% QoQ, from 337 to 450 employees.

  • Mar 3, 2026

    Uses Siemens Teamcenter for Product Lifecycle Management.

Etched Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Etched Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Etched's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Jose, California
Employee Range450
Year Founded2022
Last FundingJan 13, 2026

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.