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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. The company has 246 active competitors, including 43 funded and 50 that have exited. Its top competitors include companies like Synopsys, National Instruments and Cadence.

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.
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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
Ranked
Employee Count
6 as on Jul 01, 2024
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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
8935860
Series B
8739020
1765985
1097086
1911477
Feb 13, 2024
6900224
Series A
2801703
4580063
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Quilter's founders and board of directors

Founder? Claim Profile
The founders of Quilter is Sergiy Nesterenko. Sergiy Nesterenko is the CEO of Quilter.
Here are the details of Quilter's key team members:

Quilter's employee count trend

Quilter has 6 employees as of Jul 24. Here is Quilter's employee count trend over the years:
Employee count trend for Quilter
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Quilter's Competitors and alternates

Top competitors of Quilter include Synopsys, National Instruments and Cadence. Here is the list of Top 10 competitors of Quilter, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Synopsys
Synopsys
1986, Sunnyvale (United States), Public
Provider of engineering solutions from silicon to systems, including EDA tools, semiconductor IP, and systems verification
-
71/100
2nd
Logo for National Instruments
National Instruments
1976, Austin (United States), Acquired
Provider of hardware, software, and services for test and measurement
-
69/100
3rd
Logo for Cadence
Cadence
1988, San Jose (United States), Public
Provider of electronic design automation software for semiconductor industry
-
68/100
4th
Logo for proteanTecs
proteanTecs
2017, Haifa (Israel), Series D
Provider of cloud-based lifecycle analytics software for chips
$226M
66/100
5th
Logo for Mentor Graphics
Mentor Graphics
1981, Wilsonville (United States), Acquired
Developer of software tools for electronic design automation
-
58/100
6th
Logo for Altium
Altium
1985, San Diego (United States), Acquired
Developer of PCB design and cloud collaboration software for electronics engineering
-
57/100
7th
Logo for Quilter
Quilter
2019, Los Angeles (United States), Series B
Developer of AI-driven electronics design software for hardware development programs
$35M
57/100
8th
Logo for Circuit Mind
Circuit Mind
2018, London (United Kingdom), Series A
Provider of AI-powered platform for electronics design and automation
$6.86M
56/100
9th
Logo for Bluespec
Bluespec
2003, Framingham (United States), Series C
Provider of electronic design synthesis tools for integrated circuits & FPGAs
$26.8M
56/100
10th
Logo for Cognichip
Cognichip
2024, Redwood City (United States), Seed
Developer of artificial intelligence software for semiconductor design automation tools
$33M
55/100
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Quilter's Investments and acquisitions

Quilter has made no investments or acquisitions yet.

News related to Quilter

Media has covered Quilter for a total of 3 events in the last 1 year, 2 of them have been about company updates.
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FAQs about Quilter

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