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 Sep 30, 2026, the latest employee count at Quantropi is 26.

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 17th amongst 210 active competitors, of which 45 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was QNu Labs, which secured $21M in Sep, 2026.

Who are the top competitors of Quantropi?

Quantropi's top competitors include QNu Labs, QuintessenceLabs and SandboxAQ. Among them, QNu Labs secured the most recent funding round in September, 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 & 1 more

Ranked

17^th among 210 active competitors

Employee Count

26 as on Sep 30, 2026

Similar Companies

PQShield & 160 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	Reports
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 2 institutional investors.

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	7497382	Seed	6222309	7738237	2318668	5189865
Dec 29, 2025	4671572	Seed	3312680	7091219	1920929	8449632
May 21, 2025	6122413	Seed	5011057	7316022	5360273	7494990

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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. Jeffery York, Marco Pagani, James Nguyen and Randy Kuang are independent board members.

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

Name	Type	Representing	Status	Duration
Jeffery York	Independent board member	-	Current	2y 7m
jskvzkl	Independent board member	-	Current	8y 1m
glhi{hf	Independent board member	-	Current	2y 1m
acgmodd	Independent board member	-	Current	3y 4m

View details of Quantropi's Founder profiles and Board Members

Quantropi's employee count trend

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

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Top competitors of Quantropi include QNu Labs, QuintessenceLabs and SandboxAQ. 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	QNu Labs 2016, Bengaluru (India), Series A	Provider of quantum cryptography solutions, key distribution, random number generation	$43.3M	Speciale Invest, National Quantum Mission ... & 103 others	70/100
2nd	QuintessenceLabs 2008, Canberra (Australia), Series B	Provider of quantum cybersecurity solutions, including key management and distribution	$52.7M	Main Sequence, Westpac & 23 others	67/100
3rd	SandboxAQ 2022, Palo Alto (United States), Series E	Developer of quantitative artificial intelligence models for various industry applications	$950M	T. Rowe Price, Breyer Capital & 34 others	64/100
4th	BTQ 1998, Vancouver (Canada), Public	Provider of a platform offering post-quantum blockchain scaling solution	-	Quadrilium Ventures, A.G.P. Canada	61/100
5th	PQShield 2018, Oxford (United Kingdom), Series B	Provider of quantum computing solutions for secured communication	$65.3M	Addition, Kindred Capital & 14 others	58/100
6th	Aegiq 2019, Sheffield (United Kingdom), Seed	Provider of quantum photonics hardware for communications	$4.8M	HTGF, Quantum Exponential & 9 others	57/100
7th	Qunnect 2018, New York City (United States), Series A	Provider of telecommunications infrastructure services	$20.7M	Airbus Ventures, Motus Ventures & 12 others	57/100
8th	QuSecure 2019, San Mateo (United States), Series A	Provider of platform for cryptographic discovery, remediation, and compliance reporting	$28M	EvoNexus, Two Bear Capital & 2 others	56/100
9th	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
10th	PQ Solutions 2009, London (United Kingdom), Series A	Post quantum encryption based data and communication security	$16.9M	Techstars, AM Partners & 15 others	55/100
17th	Quantropi 2018, Ottawa (Canada), Acquired	Provider of quantum cryptography-based secure communication solutions	$4.51M	Government of Canada, BioInnovation Institute	45/100