Quilter - About the company
Quilter is a series B company based in Los Angeles (United States), founded in 2019 by Sergiy Nesterenko. It operates as a Developer of AI-driven electronics design software for hardware development programs. Quilter has raised $35M in funding from Index Ventures and Benchmark, with a current valuation of $*****. The company has 315 active competitors, including 49 funded and 56 that have exited. Its top competitors include companies like Cognichip, National Instruments and Flux AI.
Company Details
Developer of AI-driven electronics design software for hardware development programs. The software generates multiple design candidates and validates traces using physics. It automates PCB layout, enabling engineers to focus on complex tasks. The software supports existing workflows and provides transparent design reviews.
- Website
- www.quilter.ai/
- Social
- Email ID
- *****@allegrolabs.io
- Phone Number
- +1 **********
- Registered Address
- 3556 ROWENA CT,SANTA CLARA,CA,95054.0,0
Key Metrics
Founded Year
2019
Location
Los Angeles, United States
Stage
Series B
Total Funding
$35M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 07, 2025
Investors
Ranked
11th among 315 active competitors
Employee Count
50 as on Sep 30, 2026
Legal entities associated with Quilter
Quilter is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ALLEGRO LABS INC CIN: 32085552670 , United States, Active | - | - | - |
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Quilter's funding and investors
Quilter has raised a total funding of $35M over 2 rounds. Its first funding round was on Feb 13, 2024. Its latest funding round was a Series B round on Oct 08, 2025 for $*****. 1 investor participated in its latest round. Quilter has 5 institutional investors.
Here is the list of recent funding rounds of Quilter:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 08, 2025 | 7238247 | Series B | 9063632 | 1938064 | 4061961 | 8646370 |
Feb 13, 2024 | 1189885 | Series A | 9512136 | 3231733 |
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Quilter's founders and board of directors
Founder? Claim ProfileThe founders of Quilter is Sergiy Nesterenko. Sergiy Nesterenko is the CEO of Quilter.
Here are the details of Quilter's key team members:
- Sergiy Nesterenko: Founder & CEO of Quilter. Contact Info: 1 email address
View details of Quilter's Founder profiles and Board Members
Quilter's employee count trend
Quilter has 50 employees as of Sep 26. Here is Quilter's employee count trend over the years:
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Quilter's Competitors and alternates
Top competitors of Quilter include Cognichip, National Instruments and Flux AI. Here is the list of Top 10 competitors of Quilter, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cognichip 2024, Redwood City (United States), Series A | Developer of physics informed artificial intelligence models for chip design | $93M | 68/100 | |
2nd | National Instruments 1976, Austin (United States), Acquired | Provider of hardware, software, and services for test and measurement | - | 68/100 | |
3rd |  Flux AI 2019, San Francisco (United States), Series B | Developer of an AI-powered platform for PCB design and layout | $49M | 67/100 | |
4th | Cadence 1988, San Jose (United States), Public | Provider of electronic design automation software for semiconductor industry | - | 67/100 | |
5th | Synopsys 1986, Sunnyvale (United States), Public | Provider of engineering solutions from silicon to systems, including EDA tools, semiconductor IP, and systems verification | - | 66/100 | |
6th | Mentor Graphics 1981, Wilsonville (United States), Acquired | Developer of software tools for electronic design automation | - | 64/100 | |
7th | Normal Computing 2022, New York City (United States), Series A | Developer of AI software for hardware engineering and EDA solutions | $85M | 63/100 | |
8th | proteanTecs 2017, Haifa (Israel), Series D | Provider of cloud-based lifecycle analytics software for chips | $250M | 63/100 | |
9th | Data Patterns 1985, Chennai (India), Public | Provider of mission‑critical embedded electronic systems and sensor‑centric solutions | - | 62/100 | |
10th |  Altium 1985, San Diego (United States), Acquired | Developer of PCB design and cloud collaboration software for electronics engineering | - | 62/100 | |
11th |  Quilter 2019, Los Angeles (United States), Series B | Developer of AI-driven electronics design software for hardware development programs | $35M | 61/100 |
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Quilter's Investments and acquisitions
Quilter has made no investments or acquisitions yet.
Reports related to Quilter
Here is the latest report on Quilter's sector:
News related to Quilter
Media has covered Quilter for a total of 2 events in the last 1 year, 2 of them have been about company updates.
•
Automated BGA Fanout Headlines Quilter's 2026 Releases that Expand the Complexity of Boards the Platform can Lay OutAccess Newswire•Jul 08, 2026•Quilter
•
•
Quilter Secures $25M Series B to Eliminate Manual PCB Design with Physics-Driven AIHpcwire•Oct 09, 2025•Quilter, Index Ventures, Quilter Labs
•
Hand-routed to Co-piloted: When the nervous system of electronics meets AIWebflow•Sep 12, 2025•Autocuro, KiCad, Flux AI, Atopile and 2 others
•
Quilter Raises $10M in Series A FundingFinSMEs•Feb 13, 2024•Quilter, Coatue, Roots Ventures, Harrison Metal and 1 other
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