QuintessenceLabs - About the company
QuintessenceLabs is a series B company based in Canberra (Australia), founded in 2008 by Vikram Sharma and Thomas Symul. It operates as a Provider of quantum cybersecurity solutions, including key management and distribution. QuintessenceLabs has raised $52.7M in funding from investors like Telus, Westpac and Main Sequence. The company has 74 active competitors, including 22 funded and 3 that have exited. Its top competitors include companies like QNu Labs, SEALSQ and BTQ.
Company Details
Provider of quantum cybersecurity solutions, including key management and distribution. It delivers data protection through quantum key generation and crypto-agile key management. The company offers quantum key distribution, helping organizations build a quantum-safe future. Its capabilities extend to quantum true random number generators and entropy management software.
- Website
- www.quintessencelabs.com/
- Social
- Email ID
- *****@quintessencelabs.com
- Phone Number
- +61 **********
Key Metrics
Founded Year
2008
Location
Canberra, Australia
Stage
Series B
Total Funding
$52.7M in 8 rounds
Latest Funding Round
Ranked
2nd among 74 active competitors
Employee Count
44 as on May 31, 2026
Legal entities associated with QuintessenceLabs
QuintessenceLabs is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Quintessencelabs Pty Ltd CIN: 120853054 , Australia, Active | Aug 24, 2006 | - | - |
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QuintessenceLabs's funding and investors
QuintessenceLabs has raised a total funding of $52.7M over 8 rounds. Its first funding round was on May 03, 2012. Its latest funding round was a Series B round on Apr 05, 2025 for $*****. 1 investor participated in its latest round. QuintessenceLabs has 24 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of QuintessenceLabs:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 05, 2025 | 8620044 | Series B | 2056919 | 8387442 | 9385610 | 3942875 |
Mar 09, 2022 | 8257791 | Series B | 8832241 | 3528438 | 8759664 | |
Oct 26, 2021 | 9039007 | Series B | 5388528 | 1641774 |
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QuintessenceLabs' founders and board of directors
Founder? Claim ProfileThe founders of QuintessenceLabs are Vikram Sharma and Thomas Symul. Vikram Sharma is the CEO of QuintessenceLabs.
Here are the details of QuintessenceLabs' key team members:
- Vikram Sharma: Co-Founder & CEO of QuintessenceLabs. Contact Info: 1 email address
- Thomas Symul: Co-Founder of QuintessenceLabs. Contact Info: 1 email address
View details of QuintessenceLabs's Founder profiles and Board Members
QuintessenceLabs' employee count trend
QuintessenceLabs has 44 employees as of May 26. Here is QuintessenceLabs's employee count trend over the years:
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QuintessenceLabs's Competitors and alternates
Top competitors of QuintessenceLabs include QNu Labs, SEALSQ and BTQ. Here is the list of Top 10 competitors of QuintessenceLabs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of quantum cryptography solutions, key distribution, random number generation | $22.3M | 70/100 | ||
2nd |  QuintessenceLabs 2008, Canberra (Australia), Series B | Provider of quantum cybersecurity solutions, including key management and distribution | $52.7M | 67/100 | |
3rd |  SEALSQ 2022, Cointrin (Switzerland), Public | Manufacturer of semiconductor chips, embedded firmware, and other products | - | - | 62/100 |
4th | Provider of a platform offering post-quantum blockchain scaling solution | - | 61/100 | ||
5th |  QuSecure 2019, San Mateo (United States), Series A | Provider of platform for cryptographic discovery, remediation, and compliance reporting | $28M | 56/100 | |
6th | Naoris Protocol 2017, Wilmington (United States), Series A | Provider of a platform offering a suite of cybersecurity solutions | $15.1M | 56/100 | |
7th | PQ Solutions 2009, London (United Kingdom), Series A | Post quantum encryption based data and communication security | $16.9M | 55/100 | |
8th | Post-quantum encryption-based data security solution | $10M | 53/100 | ||
9th | Miden Menlo Park (United States), Seed | Developer of a programmable privacy network for compliant financial applications | $25M | 49/100 | |
10th | Sitehop 2021, Sheffield (United Kingdom), Series A | Provider of network security solutions for enterprises | $18.1M | 48/100 |
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QuintessenceLabs's Investments and acquisitions
QuintessenceLabs has made no investments or acquisitions yet.
Reports related to QuintessenceLabs
Here is the latest report on QuintessenceLabs's sector:
News related to QuintessenceLabs
Filter this listMedia has covered QuintessenceLabs for a total of 3 events in the last 1 year, 3 of them have been about company updates.
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Slate Auto says low-cost EV pickup can be profitable as preorders openTraders Union•Jun 24, 2026•QuintessenceLabs
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Australian Gov't Leads $12M USD Funding Round for QuintessenceLabs' Quantum CybersecurityQuantum Computing Report•Apr 05, 2025•QuintessenceLabs, JPMorgan Chase, Quantum Brilliance, Main Sequence and 3 others
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National Reconstruction Fund Invests in QuintessenceLabsInnovationAus.com•Mar 31, 2025•QuintessenceLabs
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Carahsoft To Serve As Public Sector Distributor For Quintessencelabs ServicesExecutiveBiz•May 02, 2024•Carahsoft, QuintessenceLabs
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Carahsoft, QuintessenceLabs Partner to Offer Quantum-Safe Cybersecurity Solutions to Government AgenciesPotomacofficersclub•May 01, 2024•Carahsoft, QuintessenceLabs
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QuintessenceLabs Appoints Andrew (Andy) Penn AO as Special AdviserPR Newswire•Feb 13, 2024•QuintessenceLabs
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QuintessenceLabs Appoints Andrew (Andy) Penn AO as Special AdviserPR Newswire•Feb 13, 2024•QuintessenceLabs, Telstra
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