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Strangeworks
Other B2B Software · Austin, United States · Founded 2018
A stealth quantum computing software developer MoreLess
Strangeworks, Inc. is a computing software company headquartered in Austin, Texas, focused on making quantum and other advanced computing technologies accessible. The company was founded in 2017, with a public debut at SXSW in 2018, by serial entrepreneur William Hurley (widely known as whurley) and Justin Youens. Whurley, the current CEO, has a notable background in technology, having previously founded and sold two other startups: creative technology firm Chaotic Moon Studios to Accenture and financial technology company Honest Dollar to Goldman Sachs. His experience at major corporations like Apple and IBM, combined with his entrepreneurial successes, led him to establish Strangeworks to address the complexities of the emerging quantum computing industry.
The core of Strangeworks' business is its cloud-based platform that simplifies access to a wide array of quantum and quantum-inspired computing resources. This platform operates as a hardware-agnostic ecosystem, integrating quantum hardware from various providers, alongside quantum-inspired, high-performance computing, and AI solutions. The business model is diversified, generating revenue through several streams including tiered subscription services for platform access, custom enterprise solutions, consulting, and training programs. This allows the company to serve a broad client base, from individual developers and researchers to large enterprise customers in sectors like finance, pharmaceuticals, and materials science. A key feature is a pay-as-you-go model for compute time, which lowers the barrier to entry for companies exploring quantum applications.
The Strangeworks platform provides a comprehensive suite of tools designed for developers, researchers, and IT managers. For developers, it offers an all-in-one environment with access to numerous quantum software development kits (SDKs) and languages such as Qiskit, Cirq, and Amazon Braket SDK. The platform facilitates creating, organizing, and collaborating on quantum projects. For enterprise clients, the Strangeworks EQ™ solution delivers features like granular security, IP protection, team management, and custom integrations. The company fosters a collaborative environment through its "Quantum Syndicate," a partnership program that includes hardware and software providers, educational institutions, and government organizations to accelerate innovation. The company has secured significant funding, including a $4 million seed round in 2018 and a $24 million Series A round in 2023, with investors like Hitachi Ventures, IBM, and Raytheon Technologies. Keywords: quantum computing platform, advanced computing, whurley, quantum-as-a-service, cloud computing, quantum software, hardware-agnostic, developer tools, enterprise quantum solutions, Quantum Syndicate, quantum algorithms, high-performance computing, AI, Austin startup, William Hurley, quantum research, quantum machine access, resource aggregation, pay-as-you-go quantum, multi-QPU, quantum-inspired optimization, quantum collaboration
Company overview
Strangeworks company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2018
- Headquarters
- Austin, United States
- Employees
- 31
- Open positions
- None listed
- Dealroom signal
- 67.0
- Investment activity
- 1 companies · latest Aug 2025
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Strangeworks funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Mar 2023 | $24M | $96M | IBM · Lightspeed Venture Partners · GreatPoint Ventures · Ecliptic Capital | ↗ |
| SEED✓Equity / VC | Jun 2018 | $4M | $16M | Lux Capital · Amplify Partners · GreatPoint Ventures · BoxGroup | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $2.7M | 0% | 32 |
| 2025 | $2.7M | 0% | 35 |
| 2024 | $2.7M | 0% | 31 |
| 2023 | $2.7M | +125% | 29 |
| 2022 | $1.2M | +140% | 16 |
| 2021 | $500K | 0% | 10 |
| 2020 | $500K | — | 10 |
Growth signals
Strangeworks website traffic
Latest recorded traffic for Strangeworks is 5.1K monthly website visits, down 21.5% over the last three months. Strangeworks's team declined 11.4% over the past year.
Comparisons
Strangeworks compared with similar companies
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Capital deployed
Strangeworks investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
Strangeworks's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Strangeworks has talent and traffic
team presence
In the news
Latest news about Strangeworks
Recent press, funding announcements, and product moves mentioning Strangeworks — open to read from the original sources.
Market sentiment
What the market is saying about Strangeworks
An AI-synthesized read of the highest-engagement posts about Strangeworks on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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