Riverlane - About the company
Riverlane is a series C company based in Cambridge (United Kingdom), founded in 2016 by Steve Brierley. It operates as a Provider of software for quantum computers. Riverlane has raised $122M in funding from investors like Molten Ventures, Amadeus Capital and Cambridge Innovation Capital, with a current valuation of £*****. The company has 12 active competitors, including 5 funded and 1 that has exited. Its top competitors include companies like Orange Quantum Systems, Entropica Labs and Commutator Studios.
Company Details
Provider of software for quantum computers. It provides computing elements in the stack accessible like CPU, FPGAs and qubits, and quantum error correction. It also can be used in measurement strategies, noise models, and algorithms.
- Website
- riverlane.com
- Social
- Email ID
- *****@riverlane.com
Key Metrics
Founded Year
2016
Location
Cambridge, United Kingdom
Stage
Series C
Total Funding
$122M in 9 rounds
Latest Funding Round
Post Money Valuation
£***** as on Mar 25, 2021
Investors
Ranked
1st among 12 active competitors
Annual Revenue
£1M - £10M as on Dec 31, 2024
Employee Count
193 as on May 31, 2026
Investment & Acquisitions
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Legal entities associated with Riverlane
Riverlane is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Riverlane Ltd CIN: 10260255 , United Kingdom, Active | Jul 03, 2016 | £1M - £10M (As on Dec 31, 2024) | 70 (As on Jan 31, 2022) |
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Riverlane's funding and investors
Riverlane has raised a total funding of $122M over 9 rounds. Its first funding round was on Aug 15, 2018. Its latest funding round was a Series C round on Aug 06, 2024 for $*****. 7 investors participated in its latest round. Riverlane has 15 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Riverlane:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 06, 2024 | 3547392 | Series C | 1903876 | 7084494 | 9111470 | 8895939 |
May 01, 2024 | 9024138 | Grant (prize money) | 8128572 | 2528298 | 3526726 | |
Apr 24, 2023 | 9862619 | Series B | 9087392 | 4391344 |
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Riverlane's founders and board of directors
Founder? Claim ProfileThe founders of Riverlane is Steve Brierley. Steve Brierley is the CEO of Riverlane.
Here are the details of Riverlane's key team members:
- Steve Brierley: Founder & CEO of Riverlane and founder of 1 other company. Contact Info: 1 email address
Riverlane's Board of Directors
Riverlane's board has 6 active members. Stephen Brierley and Amelia Copas are part of team and Andreas Hansson, Amelia Copas, Stuart Malcolm Chapman and Amelia Sarah Armour are independent board members.Here is the list of Riverlane's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
jyrzaqy | Team | - | Current | 2y 2m |
gtvbgec | Team | - | Current | 3y 1m |
Independent board member | - | Current | 1y 0m | |
bsjvhcu | Independent board member | - | Current | 1y 5m |
nacwsrt | Independent board member | - | Current | 9y 2m |
ipzpoum | Independent board member | - | Current | 5y 5m |
mjbqahv | Independent board member | - | Past | 9y 2m |
View details of Riverlane's Founder profiles and Board Members
Riverlane's employee count trend
Riverlane has 193 employees as of May 26. Here is Riverlane's employee count trend over the years:
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Riverlane's Competitors and alternates
Top competitors of Riverlane include Orange Quantum Systems, Entropica Labs and Commutator Studios. Here is the list of Top 10 competitors of Riverlane, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Riverlane 2016, Cambridge (United Kingdom), Series C | Provider of software for quantum computers | $122M | 65/100 | |
2nd |  Orange Quantum Systems 2020, Delft (Netherlands), Seed | Provider of software for performance analysis of quantum computing systems | $18.9M | 56/100 | |
3rd |  Entropica Labs 2018, Singapore (Singapore), Series A | Developer of integrated systems to optimize quantum computers | $8.1M | 47/100 | |
4th | Commutator Studios 2022, Dusseldorf (Germany), Seed | Developer of quantum software tools for quantum application performance | $1.74M | 37/100 | |
5th | Quantum Benchmark 2017, Kitchener (Canada), Acquired | Software solutions for analysis and verification of quantum hardware | $1M | 36/100 | |
6th | Developer of technology improving performance across multiple layers of quantum computing | $1.3M | 32/100 | ||
7th | Cajal 2025, San Francisco (United States), Unfunded | Developer of AI systems for formal verification in applied domains | - | - | 25/100 |
8th |  Quantus Dubai (United Arab Emirates), Unfunded | Provider of a cloud and AI-powered verification software for quantum computers | - | - | 24/100 |
9th |  Quantum Oracles 2022, Funding Raised | Developer of software and toolkit for benchmarking quantum devices | - | - | 24/100 |
10th |  Quantum Wander 2023, Vilnius (Lithuania), Unfunded | Developer of AI and cloud-based software analysis and splitting code for quantum computing | - | - | 24/100 |
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Riverlane's Investments and acquisitions
Riverlane has a total of 1 investment in Oli. Riverlane has not made any acquisitions as of now.News related to Riverlane
Filter this listMedia has covered Riverlane for a total of 10 events in the last 1 year, 5 of them have been about company updates and 4 about partnerships.
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Qblox and Riverlane Collaborate on Integrated Quantum Error Correction SolutionCIO Influence•Mar 16, 2026•Riverlane, Qblox
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Riverlane Expands Into Europe With New Delft Hub Led by Professor Barbara TerhalBusiness Wire•Dec 11, 2025•Riverlane
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Nobel winner, HPE & chip industry firms team up for quantum supercomputer.iTnews•Nov 11, 2025•Applied Materials, Hewlett Packard Enterprise, 1QBit, Qolab and 3 others
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