Company Growth (employees)
Qubit is headquartered in London, GB
Key People at Qubit
Graham Cooke
CEO and Founder
Emre Baran
CTO, Founder
Daniel Shellard
COO, Founder
Qubit Office Locations
Qubit has offices in London, New York, Munich and Paris
London, GB (HQ)
20 - 24 Broadwick Street
Paris, FR
75 Boulevard Haussmann
Munich, DE
Maximilianstrasse 35a
New York, US
12 W, 21st Street
Qubit Data and Metrics
Summary Metrics
Total Funding | $82.4 m |
Latest funding size | $40 m |
Time since last funding | over 1 year |
Investors | Salesforce Ventures, Sapphire Ventures, Goldman Sachs, Accel Partners, Balderton Capital, Accel, Westminster Growth Capital |
Qubit's latest funding round in February 2016 was reported to be $40 m. In total, Qubit has raised $82.4 m
Qubit Financial Metrics
Qubit's revenue was reported to be £11.3 m in FY, 2015 which is a 91% increase from the previous period.
GBP
Revenue (FY, 2015) | 11.3 m |
Revenue growth (FY, 2014 - FY, 2015), % | 91% |
Gross profit (FY, 2015) | 7 m |
Gross profit margin (FY, 2015), % | 62% |
Net income (FY, 2015) | (9.9 m) |
Cash (31-Dec-2015) | 25.1 m |
| GBP | FY, 2013 | FY, 2014 | FY, 2015 |
|---|---|---|---|
Revenue | 3.4 m | 5.9 m | 11.3 m |
Revenue growth, % | 76% | 91% | |
Cost of goods sold | 1.2 m | 2.4 m | 4.3 m |
Gross profit | 2.1 m | 3.5 m | 7 m |
Gross profit Margin, % | 63% | 59% | 62% |
Pre tax profit | (3.8 m) | (5.2 m) | (10.6 m) |
Net Income | (3.3 m) | (4.2 m) | (9.9 m) |
| GBP | FY, 2013 | FY, 2014 | FY, 2015 |
|---|---|---|---|
Cash | 1.3 m | 12.5 m | 25.1 m |
Accounts Receivable | 1.2 m | 1 m | 2.2 m |
Current Assets | 3.1 m | 15.1 m | 29.8 m |
PP&E | 209.5 k | 156 k | 887 k |
Goodwill | 31.7 k | 4.3 m | 6.7 m |
Total Assets | 3.4 m | 19.5 m | 37.4 m |
Accounts Payable | 110.3 k | 424 k | 952 k |
Current Liabilities | 1.7 m | 3.5 m | 10.6 m |
Total Liabilities | 1.7 m | 4.7 m | 12 m |
Retained Earnings | (3.3 m) | (4.2 m) | (9.9 m) |
Total Equity | 1.7 m | 14.7 m | 25.4 m |
Financial Leverage | 2 x | 1.3 x | 1.5 x |
| GBP | FY, 2013 | FY, 2014 | FY, 2015 |
|---|---|---|---|
Cash From Operating Activities | (3.6 m) | (2.2 m) | (2.2 m) |
Cash From Financing Activities | 16 m | 19.8 m | |
Income Taxes Paid | 509.1 k | 981 k | 773 k |
| GBP | Y, 2015 |
|---|---|
Revenue/Employee | 55.6 k |
Financial Leverage | 1.5 x |
Market Position of Qubit
Traffic Overview of Qubit
Qubit Online and Social Media Presence
Qubit News and Updates
July 11, 2017
Qubit announces AI-powered mobile commerce discovery platform at MB 2017
EXCLUSIVE: Online retailers have a problem. Search is broken, and much of the available inventory is never found by consumers. In fact, 70 percent of the top 50 grossing US ecommerce sites still require “exact matching” to ensure a product appears in the results. Today Qubit — the marketing personal…
January 24, 2017
D-Wave ups its quantum annealing game to 2000 qubits
Universal quantum computers don’t exist, but that hasn’t stopped D-Wave from carving out its own place in the quantum computing market. Today, the 17-year-old company is announcing its forth quantum chip, the 2000Q, doubling the number of qubits on its exiting 1000Q chip. The Burnaby, British Colum…