Rigetti Overview

  • Founded
  • 2013

Founded
  • Status
  • Public

  • Employees
  • 144

Employees
  • Stock Symbol
  • RGTI

Stock Symbol
  • Investments
  • 2

  • Share Price
  • $0.88

  • (As of Friday Closing)

Rigetti General Information

Description

Rigetti Computing Inc is engaged in the business of full-stack quantum computing. Its proprietary quantum-classical infrastructure provides ultra-low latency integration with public and private clouds for high-performance practical quantum computing. The company has developed the industry's first multi-chip quantum processor for scalable quantum computing systems. Geographically, it derives a majority of its revenue from the United States.

Contact Information

Website
www.rigetti.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Application Specific Semiconductors
Other Industries
Computers, Parts and Peripherals
Stock Exchange
NAS
Primary Office
  • 775 Heinz Avenue
  • Berkeley, CA 94710
  • United States

Rigetti Timeline

2020202120222023
Financing RoundCaptured Employee CountEstimated Employee Growth

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Rigetti Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.88 $0.95 $0.36 - $8.48 $124M 130M 1.45M -$0.63

Rigetti Financials Summary

In Thousands,
USD
TTM 31-Mar-2023 FY 2022 31-Dec-2022 FY 2021 31-Jan-2021 FY 2020 31-Jan-2020
EV (10,529) (41,476)
Revenue 13,199 13,102 5,543 735
EBITDA (65,411) (61,651) (21,837) (49,204)
Net Income (74,955) (71,521) (26,127) (53,816)
Total Assets 181,907 203,442 49,682 27,485
Total Debt 37,360 39,141 24,216 26,892
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Rigetti Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Rigetti Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Rigetti Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Rigetti Computing Inc is engaged in the business of full-stack quantum computing. Its proprietary quantum-classical infr
Application Specific Semiconductors
Berkeley, CA
144 As of 2022
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College Park, MD
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000000000, 00000 000
Palo Alto, CA
000 As of 0000
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Rigetti Competitors (24)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
IonQ Formerly VC-backed College Park, MD 000 00000 000000000 00000
0000000000 Venture Capital-Backed Palo Alto, CA 000 00000 00000000000 00000
00000 Formerly VC-backed Santa Clara, CA 000000 00.00 000000 - 000 00.00
00000000000 Venture Capital-Backed Boston, MA 000 00000 00000000000 00000
0-0000 Formerly VC-backed Burnaby, Canada 000 00000 000000000 00000
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Rigetti Patents

Rigetti Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230020389-A1 Executing a quantum logic circuit on multiple processing nodes Pending 09-Jul-2021 00000000000
US-20220222567-A1 Photonic quantum networking for large superconducting qubit modules Pending 13-Oct-2020 000000000
EP-4115356-A1 Controlling a tunable floating coupler device in a superconducting quantum processing unit Pending 03-Mar-2020 000000000
US-20220414517-A1 Controlling a tunable floating coupler device in a superconducting quantum processing unit Pending 03-Mar-2020 000000000
CA-3162663-A1 Quantum control by modulating tunable devices in a superconducting circuit Pending 22-Nov-2019 G06N10/40
To view Rigetti’s complete patent history, request access »

Rigetti Executive Team (14)

Name Title Board Seat Contact Info
Subodh Kulkarni Ph.D Chief Executive Officer & President
Jeffrey Bertelsen Chief Financial Officer
Jeffrey Bertelsen Chief Financial Officer, Finance
Taryn Naidu Chief Operating Officer, Operations
David Rivas Chief Technology Officer, Technology
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Rigetti Board Members (14)

Name Representing Role Since
Alissa Fitzgerald Ph.D Rigetti Board Member 000 0000
Cathy McCarthy Self Chairman & Board Member 000 0000
Charlie Songhurst Self Board Member 000 0000
David Cowan Self Board Member 000 0000
David Cowan Self Board Member 000 0000
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Rigetti Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Rigetti Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 000 02-Mar-2022 0000000000 Special Purpose Acquisition Company (SPAC) 0000 0000
QxBranch 11-Jul-2019 Merger/Acquisition IT Consulting and Outsourcing
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Rigetti ESG

Risk Overview

Risk Rating

Updated April, 04, 2023

34.65 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,233

Rank

00.00

Percentile

Semiconductors

Industry

00 of 325

Rank

00.00

Percentile

Semiconductor Design and Manufacturing

Subindustry

00 of 216

Rank

00.00

Percentile

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