About QuintessenceLabs
QuintessenceLabs is a company based in Canberra (Australia) founded in 2008 by Vikram Sharma and Thomas Symul.. QuintessenceLabs has raised $52.66 million across 8 funding rounds from investors including TELUS, Chevron and Westpac. QuintessenceLabs offers products and services including qStream 100, qStream 200, qOptica 100, and Key Management Platform. QuintessenceLabs operates in a competitive market with competitors including QNu Labs, Nu Quantum, ID Quantique, Aegiq and KETS Quantum Security, among others.
- Headquarter Canberra, Australia
- Founders Vikram Sharma, Thomas Symul
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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 Quintessencelabs Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$52.66 M (USD)
in 8 rounds
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Latest Funding Round
$12.08 M (USD), Series B
Apr 05, 2025
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Investors
TELUS
& 9 more
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Employee Count
Employee Count
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Products & Services of QuintessenceLabs
QuintessenceLabs offers a comprehensive portfolio of products and services, including qStream 100, qStream 200, qOptica 100, and Key Management Platform. 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.
Generates high-speed quantum random numbers for secure data encryption.
Delivers quantum entropy to enhance system security and randomness.
Secures key distribution using quantum physics for unbreakable encryption.
Manages crypto algorithms for flexible and agile data protection.
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Funding Insights of QuintessenceLabs
QuintessenceLabs has successfully raised a total of $52.66M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $12.08 million completed in April 2025. 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 8
- Last Round Series B — $12.1M
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First Round
First Round
(03 May 2012)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2025 | Amount | Series B - QuintessenceLabs | Valuation | The National Reconstruction Fund Corporation |
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| Mar, 2022 | Amount | Series B - QuintessenceLabs | Valuation | Telus , Main Sequence | |
| Oct, 2021 | Amount | Series B - QuintessenceLabs | Valuation | Telus , Main Sequence |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 QuintessenceLabs
QuintessenceLabs has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include TELUS, Chevron and Westpac. 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 investments are made in deep tech founders.
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Venture capital investments are made in Australian technology companies.
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Venture capital firm
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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 QuintessenceLabs
| 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 |
Financial Statements - QuintessenceLabs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Quintessencelabs Comparisons
Competitors of QuintessenceLabs
QuintessenceLabs 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 QNu Labs, Nu Quantum, ID Quantique, Aegiq and KETS Quantum Security, 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 |
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| domain | founded_year | HQ Location |
Cloud-based quantum cryptography solutions for secure communication are developed.
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| domain | founded_year | HQ Location |
Quantum cryptography systems are developed using single-photon technology.
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| domain | founded_year | HQ Location |
Network and data encryption solutions are provided using quantum technology.
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| domain | founded_year | HQ Location |
Quantum photonics hardware is developed for secure communications.
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| domain | founded_year | HQ Location |
Quantum solutions for secure digital communication are developed and provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Quintessencelabs
Frequently Asked Questions about QuintessenceLabs
When was QuintessenceLabs founded?
QuintessenceLabs was founded in 2008 and raised its 1st funding round 4 years after it was founded.
Where is QuintessenceLabs located?
QuintessenceLabs is headquartered in Canberra, Australia. It is registered at Canberra, Australian Capital Territory, Australia.
Who is the current CEO of QuintessenceLabs?
Vikram Sharma is the current CEO of QuintessenceLabs. They have also founded this company.
Is QuintessenceLabs a funded company?
QuintessenceLabs is a funded company, having raised a total of $52.66M across 8 funding rounds to date. The company's 1st funding round was a Series B of $18.72M, raised on May 03, 2012.
What does QuintessenceLabs do?
QuintessenceLabs was founded in 2008 in Canberra, Australia. Data security solutions utilizing quantum encryption technology are offered in the cybersecurity sector. Products encompass quantum true number generators, enterprise key and policy managers, and a vendor-neutral software development kit. Operations include file encryption for cloud and network environments, mobile devices, and random number generation capabilities.
Who are the top competitors of QuintessenceLabs?
QuintessenceLabs's top competitors include QNu Labs, Nu Quantum and ID Quantique.
What products or services does QuintessenceLabs offer?
QuintessenceLabs offers qStream 100, qStream 200, qOptica 100, and Key Management Platform.
Who are QuintessenceLabs's investors?
QuintessenceLabs has 10 investors. Key investors include TELUS, Chevron, Westpac, Capital Properties, and National Reconstruction Fund Corporation.
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