Rigetti Computing - About the company
Rigetti Computing is a public company based in Berkeley (United States), founded in 2013 by . It operates as a Developer of an AI-powered full-stack quantum computing solution based on superconducting qubits. Rigetti Computing has raised $198M in funding from investors like a16z, Bessemer Venture Partners and Vy Capital. The company has 18 active competitors, including 9 funded and 3 that have exited. Its top competitors include companies like D-Wave, Oxford Ionics and Quantum Circuits Limited.
Company Details
Developer of an AI-powered full-stack quantum computing solution based on superconducting qubits. It designs and fabricates quantum chips, integrate them with a controlling architecture, and develops software for programmers to use to build algorithms for the chips. Its product portfolio includes a cloud-computing platform and a fabrication lab to create 3D-integrated quantum circuits.
- Website
- Social
- Email ID
- @rigetti.com
- Registered Address
- Berkeley, California
Key Metrics
Founded Year
2013
Location
Berkeley, United States
Stage
Public
Total Funding
in 12 rounds
Latest Funding Round
Ranked
1st among
Annual Revenue
as on Dec 31, 2023
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
D-Wave &
Exit Details
Public
Legal entities associated with Rigetti Computing
Rigetti Computing is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: 20218145939 United States, Active | Dec 03, 2021 | - | - | - |
CIN: 1838359 United States, Deadpooled | Feb 28, 2022 | $12M (as on Dec 31, 2023) | - | - |
CIN: 463158191 United States, Active | Jul 07, 2013 | - | 145 (as on Dec 31, 2022) | - |
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Rigetti Computing's funding and investors
Rigetti Computing has raised a total funding of $198M over 12 rounds. Its first funding round was on Apr 2014. Its latest funding round was a Post IPO round on Apr 30, 2025 for $35M. 1 investor participated in its latest round, which include Open X Innovations, Sutter Hill Ventures, EDBI and Bessemer Venture Partners.
Rigetti Computing has 47 institutional investors including a16z, Bessemer Venture Partners and Vy Capital. Tim Draper and 2 others are Angel Investors in Rigetti Computing.
Here is the list of recent funding rounds of Rigetti Computing:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Apr 30, 2025 | $35M | Post IPO | 7355401 | 4463188 | |
Feb 05, 2024 | Undisclosed | Grant (prize money) | 4038500 | 6528762 | |
Jun 28, 2022 | Undisclosed | Grant (prize money) | 1769749 | 5652488 |
View details of Rigetti Computing's funding rounds and investors
Rigetti Computing's founders and board of directors
The founders of Rigetti Computing is .
Here are the details of Rigetti Computing's key team members:
- : Founder & CEO of Rigetti Computing.
View details of
Rigetti Computing's employee count trend
Rigetti Computing has 145 employees as of Dec 22. The total employee count is 28.0% more than what it was in Dec 21. Here is Rigetti Computing's employee count trend over the years:Access ÃØÃÜÑо¿Ëù on any website
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Rigetti Computing's Competitors and alternates
Top competitors of Rigetti Computing include D-Wave, Oxford Ionics and Quantum Circuits Limited. Here is the list of Top 10 competitors of Rigetti Computing, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | 2013, Berkeley (United States), Public | Developer of an AI-powered full-stack quantum computing solution based on superconducting qubits | $198M | Open X Innovations, Sutter Hill VenturesÌý&²¹³¾±è;Ìý | 75/100 |
2nd | Developer of integrated universal quantum computers and software | $256M | PSP Investments, 180 Degree CapitalÌý&²¹³¾±è;Ìý | 61/100 | |
3rd | ![]() Oxford Ionics 2019, Harrogate (United Kingdom), Acquired | Provider of quantum computers | $48.4M | Prosus, Lansdowne PartnersÌý&²¹³¾±è;Ìý | 61/100 |
4th | Quantum Circuits Limited 2007, Oxford (United Kingdom), Series A | Developer of a quantum computer based on superconducting qubits | $50.2M | 51/100 | |
5th | Manufacturer of superconducting qubit-based universal quantum computers | $138M | Bpifrance, Ìý&²¹³¾±è;Ìý | 51/100 | |
6th | Atlantic Quantum 2022, Cambridge (United States), Seed | Developer of quantum computers for computations and processing information | $9M | MassVentures, Glasswing VenturesÌý&²¹³¾±è;Ìý | 47/100 |
7th | ![]() Quantum Motion 2017, Oxford (United Kingdom), Series B | Developer of a universal quantum computer on a silicon chip | $74.6M | 46/100 | |
8th | Quantum Circuits 2015, New Haven (United States), Series B | Develops quantum computers using superconducting quantum circuits | $105M | Arch Venture Partners, Osage University PartnersÌý&²¹³¾±è;Ìý | 45/100 |
9th | ![]() Bose Quantum 2021, Chaoyang (China), Series A | Developer of AI-based universal hybrid quantum computers | - | Infotech Ventures, Bourne CapitalÌý&²¹³¾±è;Ìý | 44/100 |
10th | ![]() Nord Quantique 2020, Sherbrooke (Canada), Seed | Manufacturer of superconducting qubits | $7.47M | BDC, MK Venture CapitalÌý&²¹³¾±è;Ìý | 43/100 |
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Rigetti Computing's Investments and acquisitions
Rigetti Computing has acquired QxBranch. Rigetti Computing has not made any investments as of now.
Reports related to Rigetti Computing
Here is the latest report on Rigetti Computing's sector:
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News related to Rigetti Computing
Media has covered Rigetti Computing for a total of 38 events in the last 1 year, 18 of them have been about company updates and 5 about partnerships.
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Evertiq•Jun 13, 2025•Rigetti Computing
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FinanzNachrichten•Jun 12, 2025•Rigetti Computing
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Seeking Alpha•May 29, 2025•Rigetti Computing
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Yahoo•May 03, 2025•Rigetti Computing
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GlobeNewswire•Apr 28, 2025•Rigetti Computing,
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