Classiq vs Xanadu
Classiq
Quantum computing software platform - compiler, IDE and OS
103 employees · est. 2020 · Israel
Xanadu
Our mission: To build quantum computers that are useful and available to people everywhere
298 employees · est. 2016 · Toronto, Canada
Xanadu is the older company (2020 vs 2016); Xanadu is the larger of the two.
Side-by-Side Comparison
| Metric | Classiq | Xanadu |
|---|---|---|
| Founded | ||
| Founded | 2020 | 2016 older |
| Headquarters | ||
| Headquarters | Israel | Toronto, Canada |
| Employees | ||
| Employees | 103 | 298 larger |
| Industry | ||
| Industry | IT, Information Technology, Quantum | Big Data, Hardware, Quantum |
| Funding Stage | ||
| Funding Stage | Not tracked yet | Debt Financing |
| Total Funding | ||
| Total Funding | $201.75M | $289.15M |
| Funding Rounds | ||
| Funding Rounds | 8 | 11 |
| Services | ||
| Services | Design, optimization, and execution of quantum algorithms, Quantum circuit synthesis, Algorithm benchmarking and analysis, Quantum application development software | Development of Quantum Computers, Quantum Software Tools, Quantum Algorithm Design, Photonic Quantum Solutions, Quantum Hardware Manufacturing |
| Target Customers | ||
| Target Customers | Finance Industry, Chemical & Pharmaceutical Industries, Healthcare, Manufacturing, Logistics, Cybersecurity, Automotive Industry, Aerospace & Defense, Academic Researchers, Educational Institutions | Quantum Researchers, Tech Companies, Industries with Complex Computational Needs, Automotive Partners, Chemical Industry |
| Taxonomy | ||
| Taxonomy | Quantum ComputingQuantum SoftwareQuantum AlgorithmsIntegrated Development Environment (IDE)Quantum Circuit SynthesisQubit Optimization +9 | Quantum ComputingPhotonic Quantum HardwareQuantum Machine LearningFull-stack Quantum SolutionsPennyLaneOpen-source Quantum Software +6 |
| Website | ||
| Website | classiq.io | xanadu.ai |
About Classiq
Classiq, founded in 2020, is an innovative player in the IT, Information Technology, and Quantum sectors, headquartered in Israel. With its slogan, "Quantum computing software platform - compiler, IDE and OS," Classiq is pushing boundaries by integrating deep quantum expertise with traditional semic...
About Xanadu
Xanadu, founded in 2016 and headquartered in Canada, is a leading player in the quantum technology landscape, focusing on building accessible quantum computers worldwide. The company's mission, "Our mission: To build quantum computers that are useful and available to people everywhere," highlights...
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Compiled from the BounceWatch company index. We last looked at Classiq on 14 Nov 2025, and Xanadu on 8 Dec 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
