2024 Revenue
$16.8M(Est.)
Funding
$15M
Team
144
Founded
2017
Q-CTRL Revenue & Funding (2024)
Q-CTRL generated an estimated $16.8M in annual revenue in 2024. Source: GetLatka estimate
Provider of a quantum computing software intended to perform quantum calculations to identify the potential for errors. The company's software uses quantum sensors to visualize noise and decoherence, and then deploys controls to defeat the errors, enabling clients to measure and analyze the performance of their quantum system and exploit this information to robust single and multiqubit gates.
Last updated
Q-CTRL Revenue
In 2024, Q-CTRL's revenue reached $16.8M. The company previously reported $9.8M in 2024. Since its launch in 2017, Q-CTRL has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Q-CTRL Hit $16.8m revenue in November 2024 | Estimated |
| 2024 | Q-CTRL Hit $9.8m revenue in October 2024 | Estimated |
| 2023 | Q-CTRL Hit $6.9m revenue in December 2023 | Estimated |
| 2021 | Q-CTRL Hit $3.2m revenue in April 2021 | Not recorded |
| 2017 | Launched with $0 revenue |
Q-CTRL Valuation, Funding Rounds
Q-CTRL has not publicly disclosed its valuation. The company has raised $15M in total funding to date.
Q-CTRL has raised $15M in total funding across 1 round, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $15M | - | - | Not recorded |
Founder / CEO
Michael Biercuk
CEO
Professor Biercuk is a global science and technology innovator leading high-impact technical programs in quantum technology. He leads teams in both the technology industry and academia, with a focus on commercializing quantum technologies including quantum computing. Michael has a proven track record of success developing and managing major R&D initiatives within government, academia, and industry, as well as crafting policy at national and international levels. He is experienced in US government science and technology agencies including strategic and technical advisory to DARPA, developing beyond-leading-edge R&D programs across multiple domains.
Customers
We do not have customer count information for Q-CTRL yet.
Q-CTRL Employees & Team Size
Q-CTRL employs approximately 144 people as of 2026, up from 116 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 144 employees (December 2024) | Not recorded |
| 2024 | Reached 116 employees (October 2024) | Not recorded |
| 2023 | Reached 116 employees (December 2023) | Not recorded |
| 2022 | Reached 81 employees (December 2022) | Not recorded |
| 2021 | Reached 66 employees (December 2021) | Not recorded |
| 2021 | Reached 42 employees (April 2021) | Not recorded |
Frequently Asked Questions about Q-CTRL
What is Q-CTRL's revenue?
As of 2024, Q-CTRL generated an estimated $16.8M in annual revenue.
Who founded Q-CTRL?
Q-CTRL was founded by Michael Biercuk.
Who is the CEO of Q-CTRL?
The CEO of Q-CTRL is Michael Biercuk.
How much funding does Q-CTRL have?
Q-CTRL raised $15M across 1 round.
How many employees does Q-CTRL have?
As of 2024, Q-CTRL had 144 employees.
Where is Q-CTRL headquartered?
Q-CTRL is headquartered in Chippendale, New South Wales, Australia.
Compare Q-CTRL to the industry
See how Q-CTRL ranks against the best Development Software companies by revenue and funding.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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