When was IonQ founded?

IonQ was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is IonQ located?

IonQ is headquartered in College Park, United States. It is registered at College Park, Maryland.

How many employees does IonQ have?

As of Apr 30, 2026, the latest employee count at IonQ is 1020.

Is IonQ a funded company?

IonQ is a funded company, having raised a total of $86M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2015.

When was the latest funding round of IonQ?

IonQ's latest funding was a $***** Series B round on Jun 16, 2020, with participation from 3 investors.

What is the annual revenue of IonQ?

Annual revenue of IonQ is between $10M and $50M as on Dec 31, 2024

Where does IonQ rank among its competitors?

IonQ ranks 1st amongst 22 active competitors, of which 6 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was eleQtron, which secured $66.7M in May, 2026.

Who are the top competitors of IonQ?

IonQ's top competitors include Hyperlight, eleQtron and Universal Quantum. Among them, eleQtron secured the most recent funding round in May, 2026.

IonQ - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of cloud and trapped ion technology-based universal quantum computers. It provides users with a company that offers quantum computer that traps individual ionized ytterbium atoms in a 3D space and uses lasers for computation purposes.

Website: www.ionq.com/
Social
Email ID: *****@ionq.com
Phone Number: +1 **********
Registered Address: College Park, Maryland

Key Metrics

Founded Year

2015

Location

College Park, United States

Stage

Public

Total Funding

$86M in 5 rounds

Latest Funding Round

Series B, Jun 16, 2020, $*****

Investors

New Enterprise Associates & 23 more

Ranked

1^st among 22 active competitors

Annual Revenue

$10M - $50M as on Dec 31, 2024

Employee Count

1,020 as on Apr 30, 2026

Investment & Acquisitions

Seed Innovations & 13 more

Similar Companies

Hyperlight & 23 more

Exit Details

Public

View IonQ's full profile

IonQ is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Ionq, Inc CIN: 32089370525 , United States, Active		-	-	-
IONQ CIN: 475522175 , United States, Active	Dec 26, 999	-	376 (As on Dec 31, 2024)	-
Ionq, Inc. CIN: 1824920 , United States, Active		$10M - $50M (As on Dec 31, 2024)	-	-
DMY TECHNOLOGY GROUP, INC. III CIN: 1824920 , United States, Active		$100M - $500M (As on Dec 31, 2025)	324 (As on Dec 31, 2023)	-

IonQ got listed on Oct 01, 2021.

Click here to take a look at IonQ's IPO in detail

IonQ has raised a total funding of $86M over 5 rounds. Its first funding round was on 2015. Its latest funding round was a Series B round on Jun 16, 2020 for $*****. 3 investors participated in its latest round. IonQ has 24 institutional investors.

Here is the list of recent funding rounds of IonQ:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 16, 2020	1933378	Series B	1019121	8535243	3117801	5627757
Oct 22, 2019	8099888	Series B	1278783	9807368	4323955	Hewlett Packard Pathfinder & 9 more
Feb 24, 2017	4646372	Series B	6016240	5477865	New Enterprise Associates & 2 more	2395166

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View details of IonQ's funding rounds and investors

The founders of IonQ are Christopher Monroe and Jungsang Kim. Peter Chapman is the CEO of IonQ.

Here are the details of IonQ's key team members:

Christopher Monroe: Co-Founder of IonQ and founder of 1 other company.
Contact Info: 2 email addresses
Jungsang Kim: Co-Founder of IonQ and founder of 1 other company.
Contact Info: 2 email addresses

View details of IonQ's Founder profiles and Board Members

IonQ's employee count trend

IonQ has 1,020 employees as of Apr 26. Here is IonQ's employee count trend over the years:

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Top competitors of IonQ include Hyperlight, eleQtron and Universal Quantum. Here is the list of Top 10 competitors of IonQ, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IonQ 2015, College Park (United States), Public	Provider of cloud and trapped ion technology-based universal quantum computers	$86M	Silver Lake, Amazon & 22 others	76/100
2nd	Hyperlight 2018, Cambridge (United States), Series C	Developer of transmitter PICs, chiplets, and packaged modulators for optical networking	$90M	Summit Partners, UMC Capital & 3 others	63/100
3rd	eleQtron 2020, Siegen (Germany), Series A	Manufacturer of computers for quantum computing	$72.7M	Schwarz Digits, Precitec & 10 others	60/100
4th	Universal Quantum 2018, Brighton (United Kingdom), Seed	Developer of quantum computers	$5.06M	7percent Ventures, FoundersX Ventures & 13 others	54/100
5th	Optoscribe 2010, Livingston (United Kingdom), Acquired	Developer of 3D glass-based photonic integrated circuits	$15.1M	Archangels, Wellfound & 11 others	49/100
6th	Ephos 2022, Milan (Italy), Seed	Developer of photonic chips for quantum applications	$12.5M	Starlight Ventures, Green Sands Equity & 9 others	47/100
7th	Alpine Quantum Technologies 2017, Innsbruck (Austria), Funding Raised	Developer of general-purpose quantum information processors	-	EIC Fund	42/100
8th	QUDORA 2021, Braunschweig (Germany), Unfunded	Developer of quantum computers	-	-	38/100
9th	Huayi Boao 2022, Liaoyuan (China), Series A	Provider of ion-trapped technology-based universal quantum computers	$15.5M	Gaorong Capital, China Mobile Capital & 8 others	37/100
10th	ZuriQ 2024, Zurich (Switzerland), Seed	Provider of high-performance computing solutions for various industries with a focus on innovation and technological advancements	$4.17M	Founderful, SquareOne & 3 others	37/100

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IonQ has made 3 investments in companies including Heven Technologies and Classiq. IonQ has also acquired 11 companies including Seed Innovations and SkyWater.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 28, 2026	Acquisition	Seed Innovations	2013	Monument (United States)
Jan 26, 2026	Acquisition	SkyWater	1980	Bloomington (United States)
Dec 01, 2025	Investments	Heven Technologies	2019	United States