About QxBranch
QxBranch is a Technology company based in Bethesda (United States) founded in 2014 by Paul Guthrie and Shaun Wilson, and was acquired by Rigetti Computing in July 2019. Quantum computing and data analytics solutions are offered by QxBranch. QxBranch has raised $9.65 million across 2 funding rounds from investors including Rigetti Computing, WorldQuant Ventures and Maryland Venture Fund. The company has 7 employees. The company was acqui-hired. Its focus areas include High Tech, Quantum Computing, Services and Consultancy Services. Its competitors include Quantum Catalyzer and Chicago Quantum.
Company details
QxBranch was founded in 2014 and is based in Bethesda, United States. Operations focus on the quantum computing and data analytics sector. Services include strategy and consultancy for quantum solutions, along with design and implementation of related software. Predictive analytics are provided in areas such as risk assessment, threat intelligence, and customer behavior analysis.
- Headquarters Bethesda, United States
- Employees 7
- Founders Paul Guthrie, Shaun Wilson
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website qxbranch.com
- Social LinkedIn X
- Acquired by Rigetti Computing (Jul 2019)
- Legal Name Qxbranch
- Total Equity Funding$9.65M (USD)
in 2 rounds
- Latest Funding Round$4.1M (USD), Series A
Jun 2018
- InvestorsRigetti Computing
& 4 more
- Employee Count7
- Acquired byRigetti Computing
(Jul 2019)
Funding Insights of QxBranch
QxBranch has successfully raised a total of $9.65M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.1 million completed in June 2018. 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 $9.65M
- Total Rounds 2
- Last Round Series A — $4.1M
- First Round $5.55M
(Apr 2018)
- Investors Count 4
All 2 funding rounds of QxBranch with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | $4.1M | Series A | – | AIC, Integra Partners | |
| Apr 2018 | $5.55M | Series A | – | – | – |
5 investors in total: 5 institutional.
Investors in QxBranch
QxBranch has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Rigetti Computing, WorldQuant Ventures and Maryland Venture Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund and fund of funds focused on the United States-based startups and funds | worldquantventures.com | Greenwich, United States | ||
Early-stage investments are made in US companies across health sectors. | marylandventurefund.com | Columbia, United States | ||
AI-first companies are supported through venture capital investments. | aicapital.ai | Luxembourg, Luxembourg | ||
Venture capital firm focused on financial services and digital healthcare | integrapartners.co | |||
Full-stack quantum computing solutions using superconducting qubits are developed. | 2013 | rigetti.com | Berkeley, United States |
Investor details for QxBranch
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People of QxBranch
2 people are tracked at QxBranch (2 in leadership); the tracked headcount is 7.
| Name | Role | Group |
|---|---|---|
Paul Guthrie | ex-Co-Founder | Leadership |
Shaun Wilson | ex-Founder | Leadership |
Complete people profiles for QxBranch
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Timeline of QxBranch
4 dated milestones of QxBranch across 5 years, from founding to its latest funding, stage changes and deals.
- Founded QxBranch is founded.
- Funding First funding round of $5.5M.
- Funding Latest funding round, Series A, of $4.1M.
- Exit Acquired by Rigetti Computing.
Competitors of QxBranch
QxBranch has 2 listed competitors in our database. They include Quantum Catalyzer and Chicago Quantum.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| q-cat.io | 2020 | College Park, United States | IT service solutions and consulting for quantum computing are developed. | |||
| chicagoquantum.com | 2018 | Highland Park, United States | Offers quantum computing insights, IT management, and investment advisory services. |
Detailed competitors of QxBranch
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Top companies in Neuromorphic & Quantum Computing
3 companies that operate in the same segment as QxBranch (Neuromorphic & Quantum Computing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Full-stack quantum computing solutions using superconducting qubits are developed. | 2013 | Berkeley, California, United States | USD 195.62 M | USD 7.09 M | 140 | |
Photon-based universal quantum computers are developed for error correction. | 2015 | Palo Alto, California, United States | USD 2.32 B | USD 1.04 M | 672 | |
Universal quantum computers using trapped-ion technology are provided via cloud. | 2015 | College Park, Maryland, United States | USD 86 M | USD 43.07 M | 407 |
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Related news about Qxbranch
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Frequently Asked Questions about QxBranch
QxBranch was founded in 2014 and raised its 1st funding round 4 years after it was founded.
QxBranch is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.
QxBranch is a funded company, having raised a total of $9.65M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.55M, raised on Apr 2018.
QxBranch has 7 employees.
QxBranch was founded in 2014 and is based in Bethesda, United States. Operations focus on the quantum computing and data analytics sector. Services include strategy and consultancy for quantum solutions, along with design and implementation of related software. Predictive analytics are provided in areas such as risk assessment, threat intelligence, and customer behavior analysis.
QxBranch's top competitors include Quantum Catalyzer and Chicago Quantum.
QxBranch has 5 investors. Key investors include Rigetti Computing, WorldQuant Ventures, Maryland Venture Fund, AICapital, and Integra Partners.
QxBranch operates through Qxbranch.
Yes. QxBranch was acquired by Rigetti Computing in July 2019.