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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 14 active competitors, including 6 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.
Social
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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
Ranked
Annual Revenue
£1M - £10M as on Dec 31, 2024
Employee Count
206 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
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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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 06, 2024
3279827
Series C
2945316
6465883
2126516
4682054
May 01, 2024
6368946
Grant (prize money)
4545232
1532979
3249193
Apr 24, 2023
8852022
Series B
1750017
9140598
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Riverlane's founders and board of directors

Founder? Claim Profile
The founders of Riverlane is Steve Brierley. Steve Brierley is the CEO of Riverlane.
Here are the details of Riverlane's key team members:

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
kygajtd
Team
-
Current
8y 9m
kfeih{p
Team
-
Current
3y 2m
Independent board member
-
Current
1y 2m
jhblfxt
Independent board member
-
Current
5y 5m
vbzliqb
Independent board member
-
Current
6y 3m
qzubbaa
Independent board member
-
Current
8y 4m
zpyfdyv
Independent board member
-
Past
5y 6m

Riverlane's employee count trend

Riverlane has 206 employees as of Jul 26. Here is Riverlane's employee count trend over the years:
Employee count trend for Riverlane
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Riverlane
Riverlane
2016, Cambridge (United Kingdom), Series C
Provider of software for quantum computers
$122M
65/100
2nd
Provider of software for performance analysis of quantum computing systems
$18.9M
55/100
3rd
Logo for Entropica Labs
Entropica Labs
2018, Singapore (Singapore), Series A
Developer of integrated systems to optimize quantum computers
$8.1M
46/100
4th
Logo for Commutator Studios
Commutator Studios
2022, Dusseldorf (Germany), Seed
Developer of quantum software tools for quantum application performance
$1.74M
37/100
5th
Logo for Quantum Benchmark
Quantum Benchmark
2017, Kitchener (Canada), Acquired
Software solutions for analysis and verification of quantum hardware
$1M
35/100
6th
Logo for First QFM
First QFM
2025, Stockholm (Sweden), Seed
Developer of technology improving performance across multiple layers of quantum computing
$1.3M
32/100
7th
Logo for Cajal
Cajal
2025, San Francisco (United States), Seed
Developer of AI systems for formal verification in applied domains
$500K
25/100
8th
Logo for Quantus
Quantus
Dubai (United Arab Emirates), Unfunded
Provider of a cloud and AI-powered verification software for quantum computers
-
-
24/100
9th
Logo for Quantum Oracles
Quantum Oracles
2022, Funding Raised
Developer of software and toolkit for benchmarking quantum devices
-
-
24/100
10th
Logo for Quantum Wander
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.

Reports related to Riverlane

Here is the latest report on Riverlane's geography:

News related to Riverlane

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Media 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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FAQs about Riverlane

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