Completed a $350 million at-the-market equity offering, indicating ongoing capital needs and dilution risk.
SourcePublic company, workplace, funding, and market signals
Berkeley-based public quantum computing company that designs, manufactures, and sells superconducting quantum computers and quantum processors, with cloud access through its Quantum Cloud Services platform.
Primary product
Superconducting quantum computers and QPUs, especially the Novera QPU and Cepheus-1-108Q system.
Founded
2013
Headquarters
Berkeley, California, United States
Team size
100-200
Work style
Flexible
Industry
Quantum Computing
Sub-industry
Superconducting quantum computing hardware and quantum cloud services
Offices
9 jobs at Rigetti Computing
Business model
Stage
Public company / post-IPO equity
Total raised
$892.3M
Latest round
At-the-market equity offering · Jun 2025
Latest amount
$350M
Leadership
President and CEO
CTO
SVP, Quantum Systems
SVP, Human Resources
Founders
Founder and former CEO
Mission-driven, collaborative, and dynamic, with an emphasis on grand challenges, a partnering spirit, and interdisciplinary teams building world-changing quantum systems.
Work style
Flexible
Compensation
The clearest public compensation signal is stock-based compensation for all full-time employees; no public salary bands were found.
Benefits
Pricing
One-time sales of QPUs and systems, plus cloud-access / QCaaS revenue and contract-based R&D work.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$10M-$20M
Estimated monthly visits
63K
Traffic estimate as of Jun 2026
Completed a $350 million at-the-market equity offering, indicating ongoing capital needs and dilution risk.
SourceCompleted a $100 million at-the-market equity offering.
SourceReported a net loss of $216.2 million and an accumulated deficit of $771.0 million for fiscal 2025.
SourceAbout 90.2% of 2025 revenue came from U.S. government contracts, creating customer concentration risk.
SourceRigetti / GlobeNewswire · Jul 2026
Rigetti announced TangleLab, a hybrid quantum-classical supercomputing testbed with HPE and PSC, backed by a $5 million NSF grant and featuring a 9-qubit Novera QPU.
Rigetti / GlobeNewswire · May 2026
Rigetti said it signed an LOI with the U.S. Department of Commerce for up to $100 million in funding over three years to accelerate superconducting quantum computing R&D.
Rigetti / GlobeNewswire · May 2026
Q1 2026 revenue was $4.4 million; Rigetti brought Cepheus-1-108Q to general availability on QCS, Amazon Braket, Azure Quantum, and qBraid, and reiterated UK expansion plans.
Rigetti / GlobeNewswire · Mar 2026
Full-year 2025 revenue was $7.1 million; the company reported a $216.2 million net loss and announced an approximately $8.4 million C-DAC order for a 108-qubit on-premises system.
Rigetti / GlobeNewswire · Jun 2025
Rigetti completed a $350 million ATM equity offering and said it would use proceeds for working capital, capex, general corporate purposes, and potential strategic collaborations or acquisitions.