Q-CTRL

Business/Productivity Software · Chippendale, Australia · Founded 2017 · Privately Held (backing)

Developer of artificial intelligence-powered quantum infrastructure software designed to address hardware errors and instability, accelerating progress toward practical quantum computing. Q-CTRL is based in Chippendale, Australia and was founded in 2017. Its last known valuation is $254 million. It has raised $129 million across 1 recorded round; the latest was an $114 million Series B in Oct 2024.

Last price · $/share
—
Implied valuation
$253.7M
Total raised
$128.8M
Last round
Later Stage VC (Series B)
Oct 2024
What is Q-CTRL worth?
$253.7Mlast known valuation

Q-CTRL last raised $114.0M in its Later Stage VC (Series B) (Oct 2024).

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Q-CTRL funding history

1 rounds
DateRoundRaisedPost-money
Oct 2024Later Stage VC (Series B)$114.0M▮
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Q-CTRL valuation

Q-CTRL's last known valuation is $254 million. The figure stands until a priced round, a secondary trade or an institutional fund mark prices the stock again.

How much has Q-CTRL raised?

Q-CTRL has raised $129 million across 1 recorded round since 2024. The largest was an $114 million Series B in Oct 2024.

Comparable companies

Comparable business/productivity software names by valuation on PrivateMarketView: Albert (Oakland) ($270 million), Guidde ($253 million) and WeaveGrid ($235 million).

How Q-CTRL's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Q-CTRL, too few pricing signals exist to publish a composite mark; the figures above reflect the most recent observed valuation event. Full methodology →

Frequently asked about Q-CTRL

What is Q-CTRL worth?
Q-CTRL's last known valuation is $253.7M.
How much has Q-CTRL raised?
Q-CTRL has raised $128.8M in total funding across 1 recorded rounds.
When did Q-CTRL last raise?
Q-CTRL last raised in Oct 2024 (Later Stage VC (Series B)), raising $114.0M.