2024 Revenue
$16.8M
Funding
$15M
YOY
145.3%
Team
144
Founded
2017
How Q-CTRL CEO Michael Biercuk grew to $16.8M revenue with a 144 person team in 2024.
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 | Quote |
|---|---|---|
| 2024 | Q-CTRL Hit $16.8m revenue in November 2024 | |
| 2024 | Q-CTRL Hit $9.8m revenue in October 2024 | |
| 2023 | Q-CTRL Hit $6.9m revenue in December 2023 | |
| 2021 | Q-CTRL Hit $3.2m revenue in April 2021 | |
| 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 | Quote |
|---|---|---|---|---|---|
| 2019 | Funding round | $15M | - | - |
Founder / CEO
Michael Biercuk
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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 |
|---|---|
| 2024 | Reached 144 employees (December 2024) |
| 2024 | Reached 116 employees (October 2024) |
| 2023 | Reached 116 employees (December 2023) |
| 2022 | Reached 81 employees (December 2022) |
| 2021 | Reached 66 employees (December 2021) |
| 2021 | Reached 42 employees (April 2021) |
Frequently Asked Questions about Q-CTRL
What is Q-CTRL's revenue?
Q-CTRL generates $16.8M in 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.
How many employees does Q-CTRL have?
Q-CTRL has 144 employees.
Where is Q-CTRL headquarters?
Q-CTRL is headquartered in Chippendale, New South Wales, Australia.
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.
Claim this profilePeople Also Viewed
AON3D
Additive Manufacturing with advanced materials
Monarch Money
Monarch Money is a financial planning app that helps its users budget their money, track their spending and debt, and plan for their futures. The app also features the ability for partners to merge their accounts and track household funds, rather than just their own individual funds.
Care Data Infomatics
Provider of healthcare technology products and services intended to offer solutions to enhance patient care and optimize clinical processes in laboratories and hospitals. The company's platform offers laboratory information and management system, device integration, device interface and cloud based middleware solution for diagnostic purposes, enabling clients with better analytic insights to improve patient treatment outcomes by using cutting-edge technology.
Decart
Decart is a startup that has developed innovative AI models capable of transforming live footage into immersive digital environments in real time. It is dedicated to democratizing consumer AI through innovative, cost-effective solutions.
Unify AI Group
Take Back Control of Your LLM ✨
Lendflow
Embedded lending infrastructure for software companies
