Classiq Technologies is a leading provider of quantum software solutions founded in 2019, with its headquarters located in Tel Aviv, Israel. The company focuses on the development and automation of quantum algorithms and provides a platform that simplifies quantum circuit design, making quantum technology accessible to a broader range of users. As of May 12, 2025, Classiq has raised approximately $173 million over several funding rounds, with key investors including Entrée Capital, Norwest Venture Partners, NightDragon, among others. The company was founded by a team of experts in quantum computing, including CEO Nir Minerbi.
| Attribute | Information |
|---|---|
| Founding Date | 2019 |
| Headquarters | Tel Aviv, Israel |
| Founders | Nir Minerbi |
| Revenue | $15M (as of June 2025) |
| Profits | Not publicly disclosed |
| Key Investors | Entrée Capital, Norwest Venture Partners |
| Industry | Quantum Computing Software |
| Number of Employees | Approximately 78 (as of June 2025) |
Classiq Technologies was founded in 2019, emerging as a pioneer in the realm of quantum software due to the concerted efforts of a team of passionate and innovative individuals. The company's founding vision was to revolutionize quantum algorithm development and democratize access to quantum computing. By leveraging their expertise in quantum theory and computer science, the founders sought to address the complexities of quantum algorithm development, resulting in the establishment of a platform that simplifies the translation of innovative ideas into quantum algorithms. Over a short period, Classiq garnered attention and accolades from tech giants and researchers worldwide, solidifying its position as a leader in quantum software development and setting the foundation for its rapid growth and expansion.
Classiq Technologies has developed a comprehensive quantum software platform that includes an IDE, compiler, and OS, designed to simplify the development process of quantum applications. The platform automates quantum programming, allowing both beginners and experts to develop sophisticated quantum applications without needing deep expertise in quantum mechanics. Some significant milestones and achievements of Classiq include:
Classiq Technologies continues to focus on expanding its market presence and deepening its impact in the quantum computing software industry. It serves a diverse range of industries including finance, automotive, telecommunications, energy, chemistry, and pharmaceuticals. The company’s offering addresses a critical gap in the quantum computing landscape by bridging the hardware-software divide and providing a versatile platform that supports multiple hardware architectures. Through partnerships with various cloud providers, including AWS and Azure, Classiq enables developers to advance quantum applications with high scalability and flexibility. As of 2025, Classiq is considered a leader in the quantum software category and is rapidly advancing towards becoming a pioneer for the broader industry.
Classiq Technologies has established itself as a key player in the quantum computing industry, notable for its innovative platform that accelerates the development and deployment of quantum applications across various sectors. With a focus on strategic partnerships and continuous product enhancement, Classiq is poised for significant future growth. As global investment in quantum technology increases, Classiq’s comprehensive software solutions and expanding client base position it to significantly influence the future trajectory of quantum computing, advancing it towards wider commercial adoption and societal impact.