Rigetti Computing Overview
- Year Founded
-
2013
- Status
-
Public
- Employees
-
144
- Stock Symbol
-
RGTI
- Investments
-
2
- Share Price
-
$0.75
- (As of Friday Closing)
Rigetti Computing 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.comCorporate Office
- 775 Heinz Avenue
- Berkeley, CA 94710
- United States
Corporate Office
- 775 Heinz Avenue
- Berkeley, CA 94710
- United States
Rigetti Computing Timeline
Rigetti Computing Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $0.75 | $0.80 | $0.74 - $2.36 | $144M | 191M | 4.9M | -$0.47 |
Rigetti Computing Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Jan-2021 |
|---|---|---|---|---|
| EV | 108,604 | 67,755 | (41,476) | |
| Revenue | 12,619 | 12,008 | 13,102 | 5,543 |
| EBITDA | (61,587) | (66,978) | (61,651) | (21,837) |
| Net Income | (67,981) | (75,107) | (71,521) | (26,127) |
| Total Assets | 162,412 | 159,913 | 203,442 | 49,682 |
| Total Debt | 24,095 | 30,565 | 39,141 | 24,216 |
Rigetti Computing Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Rigetti Computing Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|
Rigetti Computing Comparisons
Industry
Financing
Details
0-0000
0000
Rigetti Computing Competitors (23)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| D-Wave | Formerly VC-backed | Palo Alto, CA | 000 | 00000 | 000000000000 | 00000 |
| IonQ | Formerly VC-backed | College Park, MD | 000 | 00000 | 000000 - 000 | 00000 |
| PsiQuantum | Private Equity-Backed | Palo Alto, CA | 000 | 00.000 | 000000000000 | 00.000 |
| Nvidia | Formerly VC-backed | Santa Clara, CA | 00000 | 000.00 | 000000000 00 | 000.00 |
| Lightmatter | Venture Capital-Backed | Boston, MA | 000 | 00000 | 0000000000 0 | 00000 |
Rigetti Computing Related Research & Analysis
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Rigetti Computing Patents
Rigetti Computing Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240112060-A1 | Hardware-optimized parity-check (hop) gates for superconducting surface codes | Pending | 09-Sep-2022 | 000000000 | |
| AU-2023337964-A1 | Modular quantum processor configurations and module integration plate with inter-module connections for the same | Pending | 23-Feb-2022 | ||
| AU-2022366834-A1 | Performing parametric dissipation operations in a quantum computing system | Pending | 13-Oct-2021 | 000000000 | |
| EP-4416652-A1 | Performing parametric dissipation operations in a quantum computing system | Pending | 13-Oct-2021 | 000000000 | |
| AU-2022366787-A1 | Calibration of iswap gates on a superconducting quantum processing unit | Pending | 12-Oct-2021 | G06N10/40 |
Rigetti Computing Executive Team (13)
| Name | Title | Board Seat |
|---|---|---|
| Subodh Kulkarni Ph.D | Chief Executive Officer, President and Board Member | |
| Jeffrey Bertelsen | Chief Financial Officer, Finance & Chief Accounting Officer, Accounting | |
| Jeffrey Bertelsen | Chief Financial Officer | |
| David Rivas | Chief Technology Officer, Technology | |
| Rick Danis | General Counsel, Legal & Secretary, Administration |
Rigetti Computing Board Members (15)
| Name | Representing | Role | Since |
|---|---|---|---|
| Alissa Fitzgerald Ph.D | Self | Board Member | 000 0000 |
| Cathy McCarthy | Self | Board Member | 000 0000 |
| Charles Songhurst | Acequia Capital | Board Member | 000 0000 |
| David Cowan | Self | Board Member | 000 0000 |
| David Cowan | Bessemer Venture Partners | Board Member | 000 0000 |
Rigetti Computing Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Rigetti Computing Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Rigetti Computing Acquisitions (2)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Supernova Partners Acquisition Company II | 02-Mar-2022 | 0000000000 | Special Purpose Acquisition Company (SPAC) | 0000 0000 | |
| QxBranch | 11-Jul-2019 | Merger/Acquisition | IT Consulting and Outsourcing |
Rigetti Computing 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 15,842
Rank
Percentile
Semiconductors
Industry
00 of 345
Rank
Percentile
Semiconductor Design and Manufacturing
Subindustry
00 of 231
Rank
Percentile
Rigetti Computing FAQs
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When was Rigetti Computing founded?
Rigetti Computing was founded in 2013.
-
Who is the founder of Rigetti Computing?
Chad Rigetti Ph.D is the founder of Rigetti Computing.
-
Who is the CEO of Rigetti Computing?
Subodh Kulkarni Ph.D is the CEO of Rigetti Computing.
-
Where is Rigetti Computing headquartered?
Rigetti Computing is headquartered in Berkeley, CA.
-
What is the size of Rigetti Computing?
Rigetti Computing has 144 total employees.
-
What industry is Rigetti Computing in?
Rigetti Computing’s primary industry is Application Specific Semiconductors.
-
Is Rigetti Computing a private or public company?
Rigetti Computing is a Public company.
-
What is Rigetti Computing’s stock symbol?
The ticker symbol for Rigetti Computing is RGTI.
-
What is the current stock price of Rigetti Computing?
As of 06-Sep-2024 the stock price of Rigetti Computing is $0.75.
-
What is the current market cap of Rigetti Computing?
The current market capitalization of Rigetti Computing is $144M.
-
What is Rigetti Computing’s current revenue?
The trailing twelve month revenue for Rigetti Computing is $12.6M.
-
Who are Rigetti Computing’s competitors?
D-Wave, IonQ, PsiQuantum, Nvidia, and Lightmatter are some of the 23 competitors of Rigetti Computing.
-
What is Rigetti Computing’s annual earnings per share (EPS)?
Rigetti Computing’s EPS for 12 months was -$0.47.
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