Strangeworks is a technology company.
Strangeworks has raised $28.0M across 2 funding rounds.
Strangeworks has raised $28.0M in total across 2 funding rounds.
Strangeworks has raised $28.0M in total across 2 funding rounds.
Strangeworks's investors include Amplify Partners, BoxGroup, Cherry Ventures, Sophie Bakalar, Electric Capital, Energy Revolution Ventures, Greylock, Hitachi Ventures, Lightspeed Venture Partners, Lux Capital, MS&AD Ventures, Sequoia Capital.
Strangeworks is an Austin, Texas-based technology company founded in 2018 that builds a cloud platform ecosystem for quantum and quantum-inspired computing, making it accessible to developers, researchers, IT administrators, enterprises, governments, and universities.[1][2][3][4] The platform aggregates the largest catalog of quantum hardware, software, education, and service providers, offering tools like AI-powered workflows, quantum simulators, circuit rendering, and enterprise solutions (Strangeworks EQ™ and QS™) to simplify algorithm execution, benchmarking, resource management, and production workflows.[3][4][5][6][7] It serves a broad audience facing computational complexity, solving the chaos of fragmented quantum resources by providing hardware-agnostic abstraction layers, natural language interfaces, and secure integrations for real-world applications in industries requiring breakthroughs in optimization, simulation, and AI.[1][3][4][7]
With 11-50 employees and recognition as a top workplace in Austin, Strangeworks has shown growth momentum through a $24M Series A in 2023 from investors like Hitachi Ventures, IBM Ventures, RTX, Lightspeed Venture Partners, GreatPoint Ventures, and Ecliptic Capital, enabling global expansion of its collaborative ecosystem.[2][3][4]
Strangeworks was founded in 2018 by serial entrepreneur William Hurley (whurley), David Cardona, and Justin Youens, headquartered in Austin, Texas.[1][2][3] Hurley, with prior successes in mobile apps, gaming, and a fintech exit to Goldman Sachs, explored frontier tech post-Goldman and a failed Linux Foundation project, landing on quantum computing after reviewing robotics and biotech.[3] He identified a key gap: quantum hardware and software providers weren't collaborating, hindering adoption.[3][5] Starting as an open-source project launched at SXSW 2018, it evolved into a full company building a unified platform to democratize access, humanizing quantum for thousands of users and transitioning to enterprise-grade tools.[3][7]
Early traction came from community feedback and partnerships, culminating in the 2023 QS™ (Quantum Syndicate) launch—a global collaboration hub—and EQ™ for enterprise workflows, backed by major funding to scale the ecosystem.[3][5][7]
Strangeworks rides the quantum computing trend toward practical adoption, addressing hype-to-reality gaps by creating a unified ecosystem amid fragmented hardware (e.g., IBM, Riverlane) and software stacks.[3][5][7] Timing aligns with 2023 funding surge and maturing tech, as enterprises demand scalable solutions for AI-quantum hybrids tackling intractable problems like optimization and simulation.[3][4][8] Market forces favoring it include rising quantum investments, workforce shortages, and need for collaboration—Strangeworks influences the ecosystem by building the "quantum workforce of tomorrow" through accessible tools, education (e.g., Quantum Computing for Babies), and global partnerships, accelerating breakthroughs across industries.[3][4][5][6]
Strangeworks is poised to lead quantum democratization with platform expansions into more AI integrations and custom hardware, leveraging its ecosystem to capture growing enterprise demand.[4][8] Trends like hybrid quantum-classical computing and regulatory pushes for secure tech will shape its path, potentially evolving it into the de facto infrastructure layer for future compute.[3][6] As quantum matures, expect deeper vendor ties and workforce tools to amplify its influence, turning today's chaos into tomorrow's standard for computational breakthroughs—fulfilling its mission to revolutionize technology for all.[1][4]
Strangeworks has raised $28.0M across 2 funding rounds. Most recently, it raised $24.0M Series A in March 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2023 | $24.0M Series A | Amplify Partners, BoxGroup, Cherry Ventures, Sophie Bakalar, Electric Capital, Energy Revolution Ventures, Greylock, Hitachi Ventures, Lightspeed Venture Partners, Lux Capital, MS&AD Ventures, Sequoia Capital, Spark Capital, Ultratech Capital Partners, Union Square Ventures, Lisha Li, Scott Belsky | |
| Jun 1, 2018 | $4.0M Seed | Amplify Partners, Bain Capital, Blumberg Capital, BoxGroup, Brand Foundry Ventures, Brighton Park Capital, Citi Ventures, Company Capital, Cowboy Ventures, Electric Capital, Greylock, Andrew Wheeler, Hitachi Ventures, Imaginary Ventures, Intel Capital, KRM Interests LLC, Lightspeed Venture Partners, Lux Capital, Morpheus Ventures, MS&AD Ventures, OurCrowd, Safar Partners, Sequoia Capital, TenOneTen Ventures, Ultratech Capital Partners, Upfront Ventures, Village Global, XYZ Venture Capital, Ellie Wheeler, Lisha Li, Noah Pickholtz, Rachel Zoe, Scott Belsky |