Classiq Technologies Valuation, Funding & Investors

Classiq Technologies is valued at $600M as of May 2025.

Last Classiq Technologies valuation

$600M

Series C · May 2025

Last Classiq Technologies funding round

Undisclosed stage

Amount undisclosed · Nov 2025

Cumulative funding Classiq Technologies raised

$172M

across 6 funding rounds

Key investors in Classiq Technologies

  • Entrée Capital
  • Alumni Ventures
  • OurCrowd
  • Qualcomm Ventures
  • Samsung NEXT
  • Mirae Asset Capital

Classiq Technologies Overview

About Classiq Technologies

Classiq Technologies is a Tel Aviv-headquartered quantum computing software provider. Founded in 2020, the company delivers an integrated development environment, compiler, and operating system streamlining quantum algorithm design to hardware execution. Compatible with providers like IBM Quantum and AWS Braket, its low-code interface supports developers from AI and machine learning backgrounds in creating optimized circuits for NISQ devices.


Founded

2020

HQ

IsraelTel Aviv

Website

classiq.io

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$600M (May 2025)

Classiq Technologies Valuation

Classiq Technologies is currently valued at $600M, based on its Series C in May 2025.

The $110M round was led by Alumni Ventures and Entrée Capital.

Classiq Technologies valuation by funding round

Classiq Technologies valuation by funding round
DateStageValuation
May 2025Series C$600M

Classiq Technologies Funding History

Classiq Technologies has raised a total of $172M across 6 funding rounds.

Classiq Technologies' first fundraising round was a $4M seed round in May 2020. The most recent completed round was a undisclosed-stage round in November 2025.

Classiq Technologies funding rounds

Classiq Technologies funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2025Undisclosed stageQualcomm Ventures; AMD Ventures; Quantum Eretz; LeumiTech; IonQ; Mirae Asset Capital--Classiq Technologies is a quantum computing software company that develops hardware-agnostic platform tools for algorithm design, circuit synthesis, and deployment optimization. The company announced a strategic funding extension to its Series C round on November 13, 2025, with participation from semiconductor and quantum leaders AMD Ventures, Qualcomm Ventures, and IonQ, alongside financial institutions Mirae Asset Capital, LeumiTech77 by Bank Leumi, and Quantum Eretz. The extension brought Classiq's total cumulative funding to over $200 million, with the latest round itself consisting of tens of millions of dollars. Classiq's platform automates the transformation of high-level quantum algorithm models into optimized circuits, reducing the specialized expertise required for quantum development and positioning the company as a foundational software layer for enterprise quantum adoption. The company works with major customers including BMW Group, Comcast, Rolls Royce, and SoftBank, and collaborates with technology partners including NVIDIA, Microsoft, and AWS.
May 2025Series CAlumni Ventures (lead); Entrée Capital (lead)$110M$600MClassiq Technologies is an Israeli quantum computing software company developing a platform for designing, optimizing, and synthesizing quantum algorithms, positioning itself as the leading enterprise-grade tool bridging quantum and classical computing with over 60 patents. On May 12, 2025, it raised $110 million in its Series C funding round, the largest ever for a quantum software company, led by Entrée Capital with participation from Norwest, NightDragon, Hamilton Lane, Clal, Neva SGR, Phoenix, Team8, IN Venture, Wing, HSBC, Samsung Next, QBeat, and others, bringing total funding to $173 million. Industry sources estimated the valuation at $600 million post-money. The funds are earmarked for scaling go-to-market efforts, customer success, R&D teams, and expanding global footprint to support national quantum initiatives and partnerships with hardware leaders, cloud providers, and enterprises like Rolls-Royce and BMW. CEO Nir Minerbi described Classiq as building the Microsoft of quantum computing, enabling real-world applications from drug discovery to supply chain optimization. Entrée Capital, an early backer since 2018, highlighted Classiq's leadership in quantum software.
Sep 2022Series BAwz Ventures (lead)$13M-Classiq Technologies announced an expansion of its Series B funding round in September 2022 when Canadian-Israeli venture capital firm Awz Ventures committed an additional $13 million to the round. This brought the total Series B to $49 million, following an initial $36 million closing from strategic investors including HSBC, NTT Finance, and Intesa Sanpaolo. The funding represented one of the largest quantum software rounds to date. Classiq's platform automatically synthesizes high-level functional models into optimized, hardware-ready quantum circuits, targeting developers across financial services, automotive, and pharmaceutical industries. The company planned to deploy capital toward expanding its research and development team from 50 to over 100 employees and opening new offices in Europe and Japan to serve growing enterprise demand. By this time, Classiq had secured partnerships with Amazon Web Services and Nvidia focused on quantum experimentation.
Jun 2022Series BHSBC; Lip-Bu Tan; Samsung NEXT; Harvey Jones; Hewlett Packard Pathfinder; Team8; Matias Ventures; Alumni Ventures; Entrée Capital; OurCrowd; Phoenix Financial; Sumitomo$33M-Classiq Technologies develops a quantum software platform that enables the design, optimization, analysis, and execution of quantum algorithms in a hardware-agnostic manner, serving enterprises and researchers across industries like finance, automotive, and pharmaceuticals. The company, founded in 2020 and based in Tel Aviv, Israel, provides an operating system and development environment for building quantum applications abstractly, with partnerships including NVIDIA, Microsoft, AWS, BMW Group, Comcast, Rolls-Royce, Citi, Toshiba, and SoftBank. It employs around 100 people, mostly in Israel, and focuses on making quantum computing practical and enterprise-ready through features like AI coding. The specified Series B round around June 2022 involved investors such as HSBC, NTT Finance, and Intesa Sanpaolo in a second closing announced May 16, 2022, bringing the round total to $36 million and cumulative funding to $51 million at that point. Earlier Series B participants and the full investor list matching the query (Alumni Ventures, Entrée Capital, Harvey Jones, Hewlett Packard Pathfinder, Lip-Bu Tan, Matias Ventures, OurCrowd, Phoenix Financial, Samsung NEXT, Team8, Sumitomo) align with reports of a ~$33-36 million raise. Subsequent rounds include a Series C expansion with SoftBank Vision Fund 2 and CDP Venture Capital, a $110 million Series C in 2025 joined by SoftBank ($10 million more), and a 2025 up-round of tens of millions (~$30 million) from AMD Ventures, Qualcomm Ventures, IonQ, Mirae Asset Capital, LeumiTech77, and Quantum Eretz, pushing cumulative funding over $200 million. These later investments highlight growing confidence in Classiq's platform amid maturing quantum hardware, with plans for global expansion, product development, and deeper partnerships.
Jan 2021Series ATeam8 Capital (lead); Wing Venture Capital (lead); Entrée Capital; OurCrowd; IN Venture$12M-Classiq Technologies develops a quantum software platform for designing, optimizing, analyzing, and executing quantum algorithms in a hardware-agnostic manner. The enterprise platform serves customers including BMW, Citi, Rolls-Royce, Comcast, Toshiba, and SoftBank, with partnerships alongside NVIDIA, Microsoft, and AWS. Founded in 2020 in Tel Aviv, Israel, the company employs around 100 people, primarily in Israel. In 2021, Classiq raised a Series A round of $10.5M to $14.5M led by Team8 Capital and Wing Venture Capital, with participation from Entrée Capital, IN Venture, and OurCrowd. This funding accelerated development of quantum computing software. The round matched the specified investors and approximate date of January 27, 2021. Classiq subsequently extended its Series B to $49M in September 2022, supported by Awz Ventures and others, marking the largest quantum software round at the time. Later rounds included a $110M Series C in May 2025 led by Entrée Capital with participation from IN Venture, Team8, Wing, and others, bringing total funding over $173M, and an additional $30M in 2025 from AMD, Qualcomm, IonQ, and others.
May 2020SeedEntrée Capital (lead)$4M-Classiq Technologies is an Israeli quantum software company founded in 2020 by CEO Nir Minerbi and CTOs Yehuda Naveh and Amir Naveh. The company develops a software platform that serves as a compiler and operating system for quantum computers, enabling developers to build production-grade quantum applications quickly and deploy them across multiple quantum hardware platforms including IBM, IonQ, Quantinuum, AWS Braket, Microsoft Azure Quantum, and Google Cloud. The company's technology is protected by over 60 filed patents with a 100% acceptance rate. The company's earliest disclosed valuation was $333 million in February 2022. By May 2025, Classiq completed a $110 million Series C round led by Entrée Capital, with the company's valuation estimated at $400–$600 million and annual revenue estimated at $8–$9 million, representing year-over-year revenue tripling. Classiq's customer base includes major enterprises such as BMW, Rolls-Royce, Citi, Deloitte, Toshiba, and HSBC, and its platform is integrated into the curricula of leading universities including MIT and UCL.

Who has invested in Classiq Technologies?

22 investors have backed Classiq Technologies across its funding rounds, including Entrée Capital, Alumni Ventures, OurCrowd, Qualcomm Ventures, Samsung NEXT and Mirae Asset Capital.

Lead investors include Alumni Ventures, Entrée Capital, Awz Ventures, Team8 Capital and Wing Venture Capital.


Classiq Technologies Investors

Investors in Classiq Technologies by funding rounds participated
InvestorHQRoundsRoleFirst check
Entrée CapitalIsraelTel Aviv4LeadMay 2020
Alumni VenturesUnited StatesUnited States2LeadJun 2022
OurCrowdIsraelJerusalem2ParticipantJan 2021
Qualcomm VenturesUnited StatesSan Diego, CA1ParticipantNov 2025
HSBCUnited KingdomLondon1ParticipantJun 2022
Lip-Bu TanUnited StatesSan Jose, CA1ParticipantJun 2022
Samsung NEXTUnited StatesSan Francisco, CA1ParticipantJun 2022
Harvey JonesUnited StatesWest Palm Beach, FL1ParticipantJun 2022
Hewlett Packard PathfinderUnited StatesSan Francisco, CA1ParticipantJun 2022
Team8IsraelTel Aviv1ParticipantJun 2022
Matias VenturesIsraelHerzliya1ParticipantJun 2022
AMD VenturesUnited StatesSan Francisco, CA1ParticipantNov 2025
IN VentureIsraelTel Aviv1ParticipantJan 2021

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Classiq Technologies Competitors

Classiq Technologies competitors include listed companies like Horizon Quantum and Hanwang Technology Co, and private ones like Project 11, tray.io, StackBlitz and Scalar.

Public and private companies comparable to Classiq Technologies
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Horizon QuantumSingaporeSingaporePublicly listed$269K($5M)$729M-
Project 11SwitzerlandZugPrivate--$120M-
tray.ioUnited StatesSan Francisco, CAPrivate$70M-$600M8.6x
Hanwang Technology CoChinaChinaPublicly listed$282M($14M)$605M-
StackBlitzUnited StatesUnited StatesPrivate$40M-$700M17.5x
ScalarJapanTokyoPrivate$110M-$710M6.5x

Classiq Technologies Public Comps

Classiq Technologies is still privately-owned, but its public comps include Hanwang Technology Co, Horizon Quantum, Insyde Software, Shandong Cvicse, Qt Group, Suresofttech, Intercede Group, Duiba Group, Link-U Group and Railtown AI Technologies.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Hanwang Technology Co$282M($14M)2.2x-(44.4x)-
Horizon Quantum$269K($5M)2287.8x-(125.2x)(33.0x)
Insyde Software$53M$14M5.3x5.2x19.6x19.5x
Shandong Cvicse$22M($2M)8.0x-(112.8x)-
Qt Group$249M$62M4.3x3.9x17.3x16.0x
Suresofttech$68M$10M2.3x-16.3x-
Intercede Group$23M$5M3.3x3.0x15.0x12.7x
Duiba Group$91M($14M)1.6x-(9.9x)-

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Common questions about Classiq Technologies

When was Classiq Technologies founded?Classiq Technologies was founded in 2020.
Where is Classiq Technologies headquartered?Classiq Technologies is headquartered in Tel Aviv, Israel.
Is Classiq Technologies publicly listed?No, Classiq Technologies is a private, VC-backed company.
What is Classiq Technologies' valuation?Classiq Technologies was last valued at $600M in its Series C in May 2025.
How much funding has Classiq Technologies raised?Classiq Technologies has raised $172M across 6 funding rounds.
What was Classiq Technologies' last funding round?Classiq Technologies' last funding round was a undisclosed-stage round in November 2025.
Who are Classiq Technologies' investors?Classiq Technologies' investors include Entrée Capital, Alumni Ventures, OurCrowd, Qualcomm Ventures, HSBC, Lip-Bu Tan, Samsung NEXT, Harvey Jones, Hewlett Packard Pathfinder, Team8 and 12 others.
Which companies are comparable to Classiq Technologies?Companies comparable to Classiq Technologies include Horizon Quantum, Project 11, tray.io, Hanwang Technology Co, StackBlitz and Scalar.

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