Rigetti Computing

Berkeley, United States Founded: 2013 • Age: 13 yrs
Full-stack quantum computing solutions using superconducting qubits are developed.
Annual revenue $10.8M Latest available
Total funding $195.6M 12 rounds
Employees 140 Tracked headcount
Investors 30 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Rigetti Computing

Rigetti Computing is a company based in Berkeley (United States) founded in 2013. Rigetti Computing has raised $195.62 million across 12 funding rounds from investors including Gov.uk, Bessemer Venture Partners and Franklin Templeton. The company has 140 employees as of December 31, 2024. Rigetti Computing has completed 1 acquisition, including QxBranch. Rigetti Computing offers products and services including QPU and Quantum Cloud Services. Rigetti Computing operates in a competitive market with competitors including Quantum Circuits Limited, D-Wave, Oxford Ionics, Quantum Circuits and Quantum Motion, among others.

  • Headquarter Berkeley, United States
  • Employees 140 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Rigetti Computing, Inc.
Operational Areas
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $10.79 M (USD)
    -10.14
    as on Dec 31, 2024
  • Net Profit
    -$200.99 M (USD)
    -167.6
    as on Dec 31, 2024
  • EBITDA
    -$61.6 M (USD)
    0.95
    as on Dec 31, 2024
  • Total Equity Funding
    $195.62 M (USD)

    in 12 rounds

  • Latest Funding Round
    $35 M (USD), Post-IPO

    Apr 30, 2025

  • Investors
    Gov.uk

    & 29 more

  • Employee Count
    140

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Rigetti Computing

Rigetti Computing is a publicly listed company on the NASDAQ with ticker symbol RGTI 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.

Exchange: NASDAQ · Ticker: RGTI · Sector: Electronic technology · USA

Products & Services of Rigetti Computing

Rigetti Computing offers a comprehensive portfolio of products and services, including QPU and Quantum Cloud Services.

Product name locked
Category locked
Primary

Superconducting quantum processing unit for advanced computations.

Product name locked
Category locked
Locked

Platform for accessing quantum computing via cloud environments.

People of Rigetti Computing

Headcount 50-200
Employee Profiles 16
Board Members and Advisors 8
Employee Profiles
People
Jackie Kaweck
SVP, HR
People
Jane Oglesby
Head of Production Operations
People
Mike Pelstring
VP, Engineering Operations
People
Subodh Kulkarni
President & CEO

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Board Members and Advisors
people
Charlie Songhurst
Director
people
Vijay Pande
Director
people
Alissa Fitzgerald
Director
people
Ray O. Johnson
Director

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Funding Insights of Rigetti Computing

Rigetti Computing has successfully raised a total of $195.62M across 12 strategic funding rounds. The most recent funding activity was a Post-IPO round of $35 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.

Investors in Rigetti Computing

Rigetti Computing has secured backing from 30 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Gov.uk, Bessemer Venture Partners and Franklin Templeton.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
Locked Locked Locked
Venture capital firm focused on multiple sectors
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Early-stage technology investments are managed by Morpheus Ventures.
Locked Locked Locked
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Investor details for Rigetti Computing

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Rigetti Computing

Rigetti Computing has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include QxBranch.

Investments
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Investment portfolio details for Rigetti Computing

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Quantum computing and data analytics solutions are offered by QxBranch.
Locked Locked 2014 Locked
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Complete acquisition details for Rigetti Computing

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Financial Statements - Rigetti Computing

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Detailed financials for Rigetti Computing

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Rigetti Computing Comparisons

Rigetti Computing Primary company
Description
Full-stack quantum computing solutions using superconducting...
Location
Berkeley, United States
Founded Year
2013
Annual Revenue
$10.79 M (USD)
Net Profit
-$200.99 M (USD)
EBITDA
-$61.6 M (USD)
Employees
140
As of 2024
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Peer comparison for Rigetti Computing

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Competitors of Rigetti Computing

Rigetti Computing 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 Quantum Circuits Limited, D-Wave, Oxford Ionics, Quantum Circuits and Quantum Motion, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Quantum computers using superconducting qubits are developed.
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Integrated universal quantum computers and software are developed.
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Quantum computers are provided using superconducting qubits and trapped ions.
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Superconducting quantum circuits are developed for modular quantum computers.
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A scalable universal quantum computer on silicon chips is developed.
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Detailed competitors of Rigetti Computing

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  • Domains and locations
  • Full company profiles
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Latest news on Rigetti Computing

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Complete news archive for Rigetti Computing

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  • Source and publication date
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Frequently Asked Questions about Rigetti Computing

Rigetti Computing was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Rigetti Computing is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.

Rigetti Computing is a funded company, having raised a total of $195.62M across 12 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Rigetti Computing is 140.

Annual revenue of Rigetti Computing is $10.79M as on Dec 31, 2024.

Rigetti Computing was founded in 2013 in Berkeley, United States, focusing on the quantum computing sector. Quantum chips based on superconducting qubits are designed and fabricated, then integrated with control architectures. Software tools are provided for algorithm development by programmers. Operations include a cloud-based computing platform and a fabrication facility for 3D-integrated quantum circuits, supporting AI-enhanced quantum applications.

Rigetti Computing's top competitors include D-Wave, Oxford Ionics and Quantum Motion.

Rigetti Computing offers QPU and Quantum Cloud Services.

Yes, Rigetti Computing is publicly traded on NASDAQ under the ticker symbol RGTI.

Rigetti Computing has made 1 acquisition, including QxBranch.

Rigetti Computing has 30 investors. Key investors include Gov.uk, Bessemer Venture Partners, Franklin Templeton, Northgate Capital, and DARPA.

The ticker symbol of Rigetti Computing is RGTI on NASDAQ.

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