About IonQ
IonQ is a company based in College Park (United States) founded in 2015.. IonQ has raised $86 million across 5 funding rounds from investors including Amazon, Lockheed Martin and Amazon Web Services. The company has 407 employees as of December 31, 2024. IonQ has completed 7 acquisitions, including Capella Space, Entangled Networks and ID Quantique. IonQ offers products and services including Aria, Forte, and Quantum Cloud. IonQ operates in a competitive market with competitors including Universal Quantum, Optoscribe, Ephos, eleQtron and Huayi Boao, among others.
- Headquarter College Park, United States
- Employees 407 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ionq, Inc.
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Annual Revenue
$43.07 M95.41as on Dec 31, 2024
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Net Profit
$-331.65 M-110.21as on Dec 31, 2024
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EBITDA
$-212.3 M-44.05as on Dec 31, 2024
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Total Equity Funding
$86 M (USD)
in 5 rounds
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Latest Funding Round
$7 M (USD), Series B
Jun 16, 2020
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Investors
Amazon
& 14 more
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Employee Count
407
as on Dec 31, 2024
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Investments & Acquisitions
Capella Space
& 6 more
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IPO & Listings of IonQ
IonQ is a publicly listed company on the NYSE with ticker symbol IONQ in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of IonQ
IonQ offers a comprehensive portfolio of products and services, including Aria, Forte, and Quantum Cloud. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-performing quantum computer for universal access and cloud integration
Highest performing system for production and hybrid workflows
Platform for accessing quantum hardware and running algorithms
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Software Development Team
52 people
Leadership Team
19 people
Senior Team
18 people
Staff Team
11 people
Sales and Marketing
7 people
Product Management Team
7 people
Human Resources and Administration
6 people
Finance and Accounting
5 people
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Funding Insights of IonQ
IonQ has successfully raised a total of $86M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $7 million completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $7.0M
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First Round
First Round
(01 Jun 2015)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Series B - IonQ | Valuation | Lockheed Martin , Cambium Capital Partners |
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| Oct, 2019 | Amount | Series B - IonQ | Valuation | Samsung Catalyst Fund , Mubadala | |
| Feb, 2017 | Amount | Series B - IonQ | Valuation | New Enterprise Associates , Google Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in IonQ
IonQ has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Amazon, Lockheed Martin and Amazon Web Services. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on computation startups
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Founded Year | Domain | Location | |
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Venture capital firm investing in tech startups
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Founded Year | Domain | Location | |
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Venture capital fund investing in deep-tech infrastructure and platforms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by IonQ
IonQ has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Capella Space, Entangled Networks and ID Quantique. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Optical quantum interconnects for scalable quantum computers are developed.
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2024 | ||||
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Provider of application & software development services
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2021 | ||||
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Quantum computers are provided using superconducting qubits and trapped ions.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - IonQ
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ionq Comparisons
Competitors of IonQ
IonQ operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Universal Quantum, Optoscribe, Ephos, eleQtron and Huayi Boao, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of quantum computers
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| domain | founded_year | HQ Location |
3D glass-based photonic integrated circuits are developed using laser technology.
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| domain | founded_year | HQ Location |
Photonic chips for quantum sensors and computers are developed.
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| domain | founded_year | HQ Location |
Quantum computers using qubits are manufactured for advanced computations.
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| domain | founded_year | HQ Location |
Provider of ion-trapped technology-based universal quantum computers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ionq
Frequently Asked Questions about IonQ
When was IonQ founded?
IonQ was founded in 2015.
Where is IonQ located?
IonQ is headquartered in College Park, United States. It is registered at College Park, Maryland, United States.
Who is the current CEO of IonQ?
Peter Chapman is the current CEO of IonQ.
Is IonQ a funded company?
IonQ is a funded company, having raised a total of $86M across 5 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Jun 01, 2015.
How many employees does IonQ have?
As of Dec 31, 2024, the latest employee count at IonQ is 407.
What is the annual revenue of IonQ?
Annual revenue of IonQ is $43.07M as on Dec 31, 2024.
What does IonQ do?
IonQ was established in 2015 in College Park, United States, within the quantum computing sector. Trapped-ion technology is employed to develop universal quantum computers, where individual ionized ytterbium atoms are confined in three-dimensional space. Lasers are used to perform computations. Cloud-based access to these systems is made available to users, supporting research and applications in quantum processing.
Who are the top competitors of IonQ?
IonQ's top competitors include Universal Quantum, eleQtron and Ephos.
What products or services does IonQ offer?
IonQ offers Aria, Forte, and Quantum Cloud.
Is IonQ publicly traded?
Yes, IonQ is publicly traded on NYSE under the ticker symbol IONQ.
How many acquisitions has IonQ made?
IonQ has made 7 acquisitions, including Capella Space, Entangled Networks, and ID Quantique.
Who are IonQ's investors?
IonQ has 15 investors. Key investors include Amazon, Lockheed Martin, Amazon Web Services, Mubadala, and Cambium Capital Partners.
What is IonQ's ticker symbol?
The ticker symbol of IonQ is IONQ on NYSE.
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