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 Jun 30, 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. Its primary sector is Cybersecurity. In Canada, the Cybersecurity sector has seen $15.7M in funding in 2026 to date.

Where does Quantropi rank among its competitors?

Quantropi ranks 10th amongst 116 active competitors, of which 28 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Quantropi, which secured $1.25M in Apr, 2026.

Who are the top competitors of Quantropi?

Quantropi's top competitors include KETS Quantum Security, PQShield and Aegiq. Among them, Quantropi secured the most recent funding round in April, 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

10^th among 116 active competitors

Employee Count

25 as on Jun 30, 2026

Similar Companies

KETS Quantum Security & 140 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 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	3649704	Seed	8644740	8766070	1166453	1957814
Dec 29, 2025	7912799	Seed	1535588	3011029	9455716	5141679
May 21, 2025	3245721	Seed	6362397	9273821	6446774	1660176

Access funding benchmarks and valuations. Sign up today!

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 6m
pruxkdx	Independent board member	-	Current	5y 1m
pdnbcnb	Independent board member	-	Current	1y 2m
ajyvqco	Independent board member	-	Current	5y 2m

View details of Quantropi's Founder profiles and Board Members

Quantropi's employee count trend

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

Uncover Quantropi's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Quantropi include KETS Quantum Security, PQShield and Aegiq. 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	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
2nd	PQShield 2018, Oxford (United Kingdom), Series B	Provider of quantum computing solutions for secured communication	$65.3M	Addition, Kindred Capital & 14 others	58/100
3rd	Aegiq 2019, Sheffield (United Kingdom), Seed	Provider of quantum photonics hardware for communications	$4.8M	HTGF, Quantum Exponential & 9 others	57/100
4th	Qunnect 2018, New York City (United States), Series A	Provider of telecommunications infrastructure services	$20.7M	Airbus Ventures, Cisco Investments & 12 others	57/100
5th	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
6th	Quside 2011, Castelldefels (Spain), Series A	Manufacturer of quantum components for connected devices	$10.9M	Bullnet Capital, TRUMPF & 6 others	55/100
7th	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
8th	LQUOM 2020, Yokohama (Japan), Series B	Provider of developing long-distance quantum communication systems for secure Internet in finance, telemedicine, and defense	$10M	SMBC Venture Capital, Nissay Capital & 13 others	52/100
9th	Arqit 2017, London (United Kingdom), Public	Provider of quantum-safe encryption solutions for data protection across networks	-	Evolution Equity Partners, Seraphim & 7 others	51/100
10th	Quantropi 2018, Ottawa (Canada), Acquired	Provider of quantum cryptography-based secure communication solutions	$4.51M	Government of Canada, BioInnovation Institute	48/100