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High Tech Series A Founded 2018

Strangeworks

Strangeworks is a quantum and optimization computing company that provides a heterogeneous hybrid compute platform enabling enterprises and governments to turn complex operational problems into production-grade systems. The company's platform leverages classical, quantum-inspired, and quantum computing resources to solve hard optimization challenges across six capability areas: Plan (resource allocation, task…

📍 Austin, United States · Quantum Computing

Funding snapshot

Last roundSeries A
Amount$24M
Date21 March 2023
Total raised$28M
Team size30

About

Strangeworks is a quantum and optimization computing company that provides a heterogeneous hybrid compute platform enabling enterprises and governments to turn complex operational problems into production-grade systems. The company's platform leverages classical, quantum-inspired, and quantum computing resources to solve hard optimization challenges across six capability areas: Plan (resource allocation, task scheduling, capacity optimization under constraints), Move (vehicle routing, logistics, delivery network optimization), Choose (portfolio selection, configuration, product mix optimization), Predict (demand forecasting, risk modeling, scenario anticipation), Simulate (complex system modeling and scenario testing), and Adapt (real-time response to changing conditions). Strangeworks' proprietary technology includes Aura, an always-on agent that learns a client's domain, integrates with their systems, and continuously improves optimization outcomes. The company offers three engagement models: Launchpad for fixed-scope proof-of-concepts, Embedded Experts where PhD-level specialists join client teams from problem definition to production, and direct Aura deployment. Founded as a quantum computing company in 2018, Strangeworks bridges classical and quantum computing, delivering business value today while building organizational readiness for the quantum future. The platform serves industries including aerospace, defense, manufacturing, logistics, automotive, finance, pharma, and energy, with over 40 technology partners and 50+ solvers and compute resources available. Founded in 2018 and headquartered in Austin, Texas, Strangeworks has raised $28.0M in Series A funding from investors including Hitachi Ventures, IBM, RTX, Lightspeed Venture Partners, GreatPoint Ventures, Ecliptic Capital, Lux Capital, BoxGroup, Amplify Partners, and Human Capital Development.

Business model

Quantum Computing > Quantum Software > Computational Platforms

Founders & team highlights

Serial Founder

Team background

Company Wise > Goldman Sachs

Institutional investors

Hitachi Ventures IBM RTX Lightspeed Venture Partners GreatPoint Ventures Ecliptic Capital Lux Capital BoxGroup Amplify Partners Human Capital Development Bob Beauchamp Charles Stonehill Jon Soberg

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