Strangeworks

SoftwareSeries AAustin, USstrangeworks.com

Latest round

Series A

Last raised

Mar 2023

Total raised

$28M

Investors

11

About Strangeworks

Based in the US, Strangeworks, Inc.Strangeworks, Inc. is a technology company focused on quantum computing founded in 2018 in Austin, US. The company was established by Justin Youens and Whurley Hurley, with Whurley Hurley serving as the CEO.Strangeworks offers a comprehensive suite of products and services focused on enabling organizations to leverage quantum computing technologies. Their core offerings include advanced software platforms that facilitate research, formulation, execution, and analysis of complex problems using natural language processing. These solutions are specifically designed to bridge the gap between sophisticated quantum and future computing methods and users lacking the necessary scientific expertise. Strangeworks serves a diverse clientele, including research institutions, educational organizations, and enterprise clients across various industries, aiming to solve challenges in fields such as pharmaceuticals, finance, and materials science.Strangeworks generates revenue through a business model that encompasses partnerships and subscription services tailored for B2B engagements. Clients engage with the company to access its innovative software platform and related services, typically structured around recurring subscription fees that provide ongoing access to pre-release features and advancements in quantum technology. Additionally, the company may enter into strategic partnerships with educational institutions and research organizations, further enhancing its service offerings and reach. The company is actively designing new products and is expected to launch these solutions within the next year. Strangeworks is specifically targeting markets in Asia and Europe for expansion, aiming for significant growth by mid-2025.

Who invested in Strangeworks

11 investors across 3 rounds

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Funding rounds

  1. Series A

    Mar 21, 2023

    Amount

    $9.3M

    Investors

    Locked

  2. Series A

    Dec 5, 2022

    Amount

    $15M

    Investors

    Locked

  3. Seed

    Jun 12, 2018

    Amount

    $4M

    Investors

    Locked

Questions about Strangeworks

Who invested in Strangeworks?

Strangeworks has 11 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Strangeworks raised?

Strangeworks has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Strangeworks last raise money?

Strangeworks's most recent round on record is a Series A, in Mar 2023.

What does Strangeworks do?

Based in the US, Strangeworks, Inc.

Where is Strangeworks headquartered?

Strangeworks is headquartered in Austin, US.

Which VCs invest in companies like Strangeworks?

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

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