United States · Series B startup

Who invested in QC Ware

2 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Hardware & Electronics

Funding summaryUpdated 26 Oct 2026

$32Mraised across 2 rounds since 2018, from 2 sources

$6.5MSeries A$25MSeries B
Latest round
Series B, $25MSept 2021
Step-upi
3.8×
Investors
7
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

201920202021
$6.5MSeries A$25MSeries B
First round
Series A, $6.5M
Jul 2018
Biggest round
$25M
Series B · Sept 2021
Between rounds
3.2 years
from the last two

The rounds

  1. Sept 2021
    Series B$25M3 new1 returning

    Source recordedSEC filing: $22M sold, first sale Jul 2021

  2. Jul 2018
    Series A$6.5M4 new

    Reported by FinSMEsSEC filing: $8.2M sold, first sale Jun 2018

Founders and team

From QC Ware's own website: 1 founder, 3 on the team.

Matt JohnsonCo-Founder & CEO
  • John HynesPresident and CFO
  • Alejandro Perdomo OrtizVP of Quantum Algorithms
  • Michael McGloneBoard Member

AdvisersAdam BoulandPeter McMahonScott Aaronson

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

CitibankGrowth equity2rounds
Goldman SachsPrivate equity1round
D.E. ShawHedge fund1round
Goldman Sachs/ Airbusno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about QC Ware

Who invested in QC Ware?

QC Ware's investors include Citibank, National Science Foundation, Goldman Sachs, Fenox Venture Capital and Pegasus Tech Ventures, and 2 more on record.

How much has QC Ware raised?

QC Ware has raised $32M across 2 rounds since 2018.

When did QC Ware last raise?

QC Ware's most recent round was a Series B of $25M in Sept 2021.

What was QC Ware's biggest round?

Its most recent round, $25M in Sept 2021, is also its largest on record.

Who backed QC Ware first?

QC Ware's first round on record, in Jul 2018, was backed by Citibank, Fenox Venture Capital and D.E. Shaw and 1 others.

What stage is QC Ware at?

QC Ware's latest named round is a Series B, in Sept 2021.

Where is QC Ware based?

QC Ware is based in the United States.

Companies like QC Ware

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