IonQ

College Park, MD, USA Quantum Computing Public

IonQ is a publicly traded quantum platform company (NYSE: IONQ) building trapped-ion quantum computers alongside quantum networking, sensing and security products. Founded in 2015 by Christopher Monroe and Jungsang Kim, it became the first pure-play quantum company to list publicly, via a 2021 SPAC merger, and sells system access through AWS Braket, Microsoft Azure Quantum and Google Cloud. An aggressive acquisition programme -- Qubitekk, ID Quantique, Lightsynq, Capella Space, Oxford Ionics, Vector Atomic, Skyloom, Seed Innovations, Nexus Photonics and, in July 2026, semiconductor foundry SkyWater Technology -- has made IonQ a vertically integrated, full-stack quantum platform.

Public Company

IonQ is publicly traded

This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2015

Employees

1,001–5,000

Total Funding

$434M

5 rounds

Last Private Valuation

$2B

Mar 8, 2021

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

2 signals
M&A Recent deal value ~$1.8B ($15.00 cash + $20.00 stock, i.e. 0.4883 IONQ shares, per SkyWater share) 2026-07-31

Closed $1.8B acquisition of SkyWater Technology, forming first vertically integrated quantum platform company

Adds domestic chip fab capacity; ~$741M cash plus new shares deployed, diluting some cash cushion

Fundraise Recent amount $2B; $93 per share 2025-10-10

Agreed to raise $2B from Heights Capital (Susquehanna) via equity sale at $93/share, a 20% premium to prior close

Large premium-priced equity raise; supports public-market valuation, fresh cash reduces dilution risk

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $434M across 5 rounds

Last updated 10-11-2026

DateRoundAmount RaisedValuationLead Investors
Mar 8, 2021 Pre-SPAC PIPE $350M $2B Fidelity
Jun 17, 2020 Series C extension $7M — Lockheed Martin, Robert Bosch VC, Cambium
Oct 22, 2019 Series C $55M $0.18B Samsung Catalyst Fund, Mubadala Capital

Valuation Trajectory

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

$200M $500M $1B $2B 2020 2021 IonQ

Entry · Series C

$185M

Oct 2019

IonQ today

$2B

Mar 2021 · latest mark

IonQ multiple

10.8x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Niccolo de Masi

    Chairman & Chief Executive Officer

  • Inder M. Singh

    Chief Financial Officer & Chief Operating Officer

  • Peter Chapman

    Executive Chair (former CEO)

  • Jungsang Kim

    Co-Founder & Chief Technology Officer

  • Christopher Monroe

    Co-Founder & Chief Scientist (former)

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Quantinuum

    Trapped-ion quantum computing company (Honeywell/Cambridge Quantum merger) producing the Helios processor; widely cited as IonQ's closest trapped-ion competitor with industry-leading fidelity.

  • Rigetti Computing

    Public superconducting quantum computing company (NASDAQ: RGTI) offering full-stack quantum-classical hybrid systems.

  • D-Wave Quantum

    Public quantum annealing company (NYSE: QBTS) using a fundamentally different qubit architecture for combinatorial optimization workloads.

  • PsiQuantum

    Private photonic quantum computing company pursuing a million-qubit fault-tolerant machine; major recent funding rounds and government deals in Australia and the US.

  • IBM Quantum

    IBM's quantum computing division (NYSE: IBM), the largest incumbent in superconducting quantum hardware and the Qiskit software stack.

  • Atom Computing

    Private neutral-atom quantum computing company building scalable atom-array quantum systems, a competing trapped-particle modality.

IonQ Investment FAQ

IonQ FAQ

IonQ became the first publicly traded pure-play quantum computing company on October 1, 2021 via a SPAC merger with dMY Technology Group III, listing on the NYSE under ticker IONQ at an implied market capitalization of ~$2.0B. As of September 10, 2026 it trades at $36.84 per share for a market capitalization of ~$14.6B. Post-IPO equity raises -- a $372M ATM in 2024, $1.0B in July 2025 and $2.0B in October 2025 -- have funded a continuous acquisition programme across the quantum stack, culminating in the ~$1.8B cash-and-stock purchase of NASDAQ-listed semiconductor foundry SkyWater Technology, completed July 31, 2026, which made IonQ a vertically integrated quantum platform owning design, wafer fabrication and advanced packaging.

IonQ shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.

IonQ had a valuation of approximately $2B at the time of its public offering. Current market capitalization fluctuates with the share price.

IonQ raised $434M across 5 disclosed funding rounds prior to its public listing.

IonQ was co-founded by Jungsang Kim, and Christopher Monroe in 2015.

IonQ is headquartered in College Park, MD, USA.

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