When was Quantropi founded?

Quantropi was founded in 2018 and raised its 1st funding round 5 years after it was founded.

Where is Quantropi located?

Quantropi is headquartered in Ottawa, Canada. It is registered at 1827 Woodward Drive, Ottawa.

How many employees does Quantropi have?

As of May 31, 2026, the latest employee count at Quantropi is 25.

Is Quantropi a funded company?

Quantropi is a funded company, having raised a total of $4.51M across 10 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 20, 2023.

When was the latest funding round of Quantropi?

Quantropi's latest funding was a $***** Seed round on Apr 30, 2026, with participation from 0 investor.

Where does Quantropi rank among its competitors?

Quantropi ranks 18th amongst 112 active competitors, of which 29 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Quantum Bridge Technologies, which secured $8M in May, 2026.

Who are the top competitors of Quantropi?

Quantropi's top competitors include Quantum Bridge Technologies, ID Quantique and PQShield. Among them, Quantum Bridge Technologies secured the most recent funding round in May, 2026.

Quantropi - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of quantum cryptography-based secure communication solutions. It offers quantum cryptography-based encryption solutions for protecting data and securing communications. The features include file encryption, drag, and drop encryption and decryption, file access controls, etc.

Website: www.quantropi.com/
Social
Email ID: *****@quantropi.com
Registered Address: 1827 Woodward Drive, Ottawa

Key Metrics

Founded Year

2018

Location

Ottawa, Canada

Stage

Acquired

Total Funding

$4.51M in 10 rounds

Latest Funding Round

Seed, Apr 30, 2026, $*****

Investors

Government of Canada

Ranked

18^th among 112 active competitors

Employee Count

25 as on May 31, 2026

Similar Companies

Quantum Bridge Technologies & 136 more

Exit Details

Acquired by Mandeville Ventures (Apr 24, 2026)

View Quantropi's full profile

Quantropi is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Quantropi Inc. CIN: 10602027 , Canada, Active	Jan 26, 2018	-	-	-

Quantropi got acquired by Mandeville Ventures on Apr 24, 2026.

Click here to take a look at Quantropi's acquisition in detail

Quantropi has raised a total funding of $4.51M over 10 rounds. Its first funding round was on Nov 20, 2023. Quantropi has 1 institutional investor.

Here is the list of recent funding rounds of Quantropi:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 30, 2026	6195945	Seed	7795307	7622027	3045988	8494336
Dec 29, 2025	3712995	Seed	8854684	8854506	8953534	2825407
May 21, 2025	9575095	Seed	4604133	5758923	4568896	9727908

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View details of Quantropi's funding rounds and investors

The founders of Quantropi is Randy Kuang.

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

Randy Kuang: Co-Founder & CSO of Quantropi.

Quantropi's Board of Directors

Quantropi's board has 4 active members. Marco Pagani, Jeffery York, James Nguyen and Randy Kuang are independent board members.

Here is the list of Quantropi's board of directors:

Name	Type	Representing	Status	Duration
Marco Pagani	Independent board member	-	Current	5y 3m
ilmxcyi	Independent board member	-	Current	2y 6m
bm{nwdl	Independent board member	-	Current	7y 4m
yonnivj	Independent board member	-	Current	6y 5m

View details of Quantropi's Founder profiles and Board Members

Quantropi's employee count trend

Quantropi has 25 employees as of May 26. Here is Quantropi's employee count trend over the years:

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Top competitors of Quantropi include Quantum Bridge Technologies, ID Quantique and PQShield. Here is the list of Top 10 competitors of Quantropi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Quantum Bridge Technologies 2019, Toronto (Canada), Series A	Provider of quantum computing technology for communication applications	$8M	Juniper Networks, Primo Capital & 9 others	58/100
2nd	ID Quantique 2001, Geneva (Switzerland), Acquired	Provider of network and data encryption solutions	$10.8M	Quantum Wave Fund, SK Telecom & 7 others	58/100
3rd	PQShield 2018, Oxford (United Kingdom), Series B	Provider of quantum computing solutions for secured communication	$65.3M	Addition, Kindred Capital & 14 others	58/100
4th	KETS Quantum Security 2016, Bristol (United Kingdom), Series A	Provider of quantum computing solutions for secure digital communication	$4.39M	Speedinvest, Quantonation & 32 others	58/100
5th	Qunnect 2018, New York City (United States), Series A	Provider of telecommunications infrastructure services	$20.6M	Airbus Ventures, Motus Ventures & 12 others	57/100
6th	LuxQuanta 2021, Barcelona (Spain), Series A	Provider of Quantum Key Distribution (QKD) systems and technologies	$9.26M	Big Sur Ventures, A&G & 7 others	56/100
7th	memQ 2021, Chicago (United States), Series A	Provider of chip device technology services for quantum information storage and processing	$12.5M	Quantonation, Exposition Ventures & 11 others	55/100
8th	Quside 2011, Castelldefels (Spain), Series A	Manufacturer of quantum components for connected devices	$10.9M	TRUMPF, Bullnet Capital & 6 others	55/100
9th	Quantum Xchange 2018, Bethesda (United States), Series A	Provider of secure communication solutions for cyber security	$23.5M	New Technology Ventures, Wilmot Advisors & 2 others	54/100
10th	LQUOM 2020, Yokohama (Japan), Series B	Provider of developing long-distance quantum communication systems for secure Internet in finance, telemedicine, and defense	$10M	Incubate Fund, Osaka University Venture Capital ... & 13 others	52/100
18th	Quantropi 2018, Ottawa (Canada), Acquired	Provider of quantum cryptography-based secure communication solutions	$4.51M	Government of Canada	43/100