# QC Ware funding: rounds and investors > QC Ware has raised $32M across 2 rounds since 2018. Investors include Citibank, National Science Foundation and Goldman Sachs. Every round with its source. Source: https://millionrounds.com/company/qc-ware (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # 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 summary Updated 26 Oct 2026 **$32M** raised across 2 rounds since 2018, from 2 sources **$6.5M** Series A **$25M** Series B - **Latest round:** Series B, $25M Sept 2021 - **Step-up i:** 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. 2019 2020 2021 **$6.5M** Series A **$25M** Series B - **First round:** Series A, $6.5M - **Biggest round:** $25M - **Between rounds:** 3.2 years ## The rounds - **Sept 2021** Series B **$25M** *3 new* *1 returning* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Citibank](https://millionrounds.com/fund/citi) [Pegasus Tech Ventures](https://millionrounds.com/fund/pegasus-tech-ventures) Source recorded SEC filing: $22M sold, first sale Jul 2021 - **Jul 2018** Series A **$6.5M** *4 new* [Citibank](https://millionrounds.com/fund/citi) [Fenox Venture Capital](https://millionrounds.com/fund/fenox-venture-capital) [D.E. Shaw](https://millionrounds.com/fund/d-e-shaw) Goldman Sachs/ Airbus Reported by FinSMEs SEC filing: $8.2M sold, first sale Jun 2018 ## Founders and team From QC Ware's own website: 1 founder, 3 on the team. **Matt Johnson** Co-Founder & CEO - **John Hynes** President and CFO - **Alejandro Perdomo Ortiz** VP of Quantum Algorithms - **Michael McGlone** Board Member Advisers *Adam Bouland* *Peter McMahon* *Scott 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. **Series A** 2018 **Series B** 2021 [Citibank](https://millionrounds.com/fund/citi) [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Fenox Venture Capital](https://millionrounds.com/fund/fenox-venture-capital) [Pegasus Tech Ventures](https://millionrounds.com/fund/pegasus-tech-ventures) [D.E. Shaw](https://millionrounds.com/fund/d-e-shaw) Goldman Sachs/ Airbus ## Everyone who backed them [Citibank](https://millionrounds.com/fund/citi) Growth equity **2** rounds [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round [Fenox Venture Capital](https://millionrounds.com/fund/fenox-venture-capital) VC firm **1** round [Pegasus Tech Ventures](https://millionrounds.com/fund/pegasus-tech-ventures) VC firm **1** round [D.E. Shaw](https://millionrounds.com/fund/d-e-shaw) Hedge fund **1** round Goldman Sachs/ Airbus no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=qc-ware). ## 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 In the same sector, and raised in the last eighteen months. 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