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% |
Operating expense total | 6 m | 8.4 m | 17.6 m |
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 |
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 |
