About Strangeworks
Strangeworks is a company based in Austin (United States) founded in 2018 by William Hurley and Justin Youens. Strangeworks has raised $28 million across 2 funding rounds from investors including IBM, RTX and Lightspeed Venture Partners. Strangeworks has completed 1 acquisition, including Quantagonia. Strangeworks offers products and services including Strangeworks Platform and Quantum Syndicate. Strangeworks operates in a competitive market with competitors including QC Ware, Kipu Quantum, 1QBit, Cambridge Quantum Computing and Kvantify, among others.
- Headquarter Austin, United States
- Founders William Hurley, Justin Youens
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Strangeworks Inc
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$28 M (USD)
in 2 rounds
-
Latest Funding Round
$24 M (USD), Series A
Mar 21, 2023
-
Investors
IBM
& 11 more
-
Employee Count
Not available
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Strangeworks
Strangeworks offers a comprehensive portfolio of products and services, including Strangeworks Platform and Quantum Syndicate.
Provides access to quantum and AI resources for business problem-solving.
Facilitates partnerships for quantum technology development and testing.
People of Strangeworks
Unlock access to complete
Funding Insights of Strangeworks
Strangeworks has successfully raised a total of $28M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $24 million completed in March 2023. 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 Strangeworks
Strangeworks has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include IBM, RTX and Lightspeed Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital funding is provided for technology and healthcare companies.
|
Locked | Locked | Locked | |
|
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
|
Locked | Locked | Locked | |
|
Venture capital firm focused on early-stage big data, health tech, AI, food tech, and multiple sectors
|
Locked | Locked | Locked |
Investor details for Strangeworks
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Strangeworks
Strangeworks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Quantagonia.
Investment portfolio details for Strangeworks
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Developer of a cloud and AI-powered quantum computing platform as a service
|
Locked | Locked | 2021 | Locked |
Complete acquisition details for Strangeworks
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Strangeworks
Detailed financials for Strangeworks
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Strangeworks Comparisons
Peer comparison for Strangeworks
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Strangeworks
Strangeworks 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 QC Ware, Kipu Quantum, 1QBit, Cambridge Quantum Computing and Kvantify, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
A cloud-based quantum computing platform is provided by QC Ware.
|
|
| Locked | Locked | Locked |
Quantum computing software solutions for optimization problems are provided.
|
|
| Locked | Locked | Locked |
Hardware-agnostic platform for quantum computing software is developed.
|
|
| Locked | Locked | Locked |
AI-based software for quantum computing is provided.
|
|
| Locked | Locked | Locked |
Provider of quantum computing solutions for businesses in industries such as finance, life sciences, and logistics
|
Detailed competitors of Strangeworks
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Strangeworks
Complete news archive for Strangeworks
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Strangeworks
Strangeworks was founded in 2018.
Strangeworks is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
William Hurley is the current CEO of Strangeworks. They have also founded this company.
Strangeworks is a funded company, having raised a total of $28M across 2 funding rounds to date.
Strangeworks was founded in 2018 in Austin, United States, as a developer of quantum computing software solutions. A platform is offered to users for building quantum computing applications. Partnerships, including one with StackOverflow, support a community focused on quantum computing. Operations center on software development within the quantum technology sector, serving developers and researchers globally.
Strangeworks's top competitors include Kipu Quantum, Kvantify and Cambridge Quantum Computing.
Strangeworks offers Strangeworks Platform and Quantum Syndicate.
Strangeworks has made 1 acquisition, including Quantagonia.
Strangeworks has 12 investors. Key investors include IBM, RTX, Lightspeed Venture Partners, Hitachi Ventures, and GreatPoint Ventures.