Latest round

Series A

Last raised

Jan 2026

Total raised

$26M

Investors

10

About Project 11

Based in the US, Project 11 specializes in developing quantum computing solutions, focusing on advanced algorithms and software tools to enhance computational capabilities across industries such as finance, healthcare, and logistics. Founded in 2024, Project 11 operates in the US, focusing on quantum computing development., Nascent Ventures, and Lattice Capital Management. The founder's history and previous ventures are not publicly disclosed. Project 11 specializes in developing cutting-edge quantum computing solutions aimed at enabling a quantum-ready future. The company's core offerings focus on advanced quantum algorithms and software tools that optimize data processing and enhance computational capabilities for various industries, including finance, healthcare, and logistics. These solutions address complex problem-solving scenarios where classical computing falls short, providing end users with advantages in speed and efficiency. Project 11 targets a diverse clientele, including enterprises in North America and Europe, particularly those seeking to leverage quantum technology for strategic advantages in their operations. Project 11's revenue model is primarily based on a combination of subscription services and strategic partnerships with businesses looking to integrate quantum-ready solutions into their operations. Clients typically enter subscription agreements for access to the company's software tools and ongoing support, ensuring they remain updated with the latest advancements in quantum technology. While specific pricing plans and individual product costs are proprietary, flagship offerings are positioned to cater to mid-to-large enterprises, allowing for scalable implementations based on client needs.

Who invested in Project 11

10 investors across 2 rounds

See all investors in Project 11

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Jan 14, 2026

    Amount

    $20M

    Investors

    Locked

  2. Seed

    Jun 18, 2025

    Amount

    $6M

    Investors

    Locked

Questions about Project 11

Who invested in Project 11?

Project 11 has 10 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Project 11 raised?

Project 11 has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Project 11 last raise money?

Project 11's most recent round on record is a Series A, in Jan 2026.

What does Project 11 do?

Based in the US, Project 11 specializes in developing quantum computing solutions, focusing on advanced algorithms and software tools to enhance computational capabilities across industries such as finance, healthcare, and logistics.

Where is Project 11 headquartered?

Project 11 is headquartered in New York, US.

Which VCs invest in companies like Project 11?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Project 11's stage. Their profiles are linked below.

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