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Agnostiq

Hybrid cloud solutions for quantum computing

Agnostiq logo
1-20 employees
  • B2B
  • Enterprise
  • Deep Tech
  • SaaS
  • Cloud Computing
Downtown Toronto, Toronto, ON

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Company mission

To democratize access to the world's most advanced computing resources, including quantum computers, GPUs, multi-core CPUs, and more.

Our take

Fuelled by the technology's rising popularity, the global market for quantum computing is expected to reach $5 billion by 2028.

Agnostiq wants to facilitate the transition to this new computing paradigm through the development of crucial infrastructure primitives such as its open source workflow orchestration platform, Covalent.

Shrewdly, the startup is developing new products to meet the difficulties faced by those already interacting with nascent versions of the technology, such as quantitative trading teams in financial institutions.

The company is leading the way in the field, bringing credibility and early custom. However, they also must be cautious so as to not tie themselves to fixed approaches that they may later find inappropriate given the amount left to discover and establish in the field.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Equity Participation
  • Comprehensive Healthcare Benefits
  • Learning & Development
  • Home Office Allowance
  • Work from anywhere
  • Flexible vacation

Funding (last 2 of 4 rounds)

Apr 2023

$6.1m

SEED

Dec 2020

$2m

SEED

Total funding: $9m

Leadership

Elliot MacGowan

(COO)

Graduated from Concordia University before going on to join Bell as a Business Specialist on their early leaders program. Thereafter they earned an MBA from the Rotman School of University of Toronto which led to the founding of Agnostiq.

Oktay Goktas

(CEO)

Oktay has more than 10 years of experience on experimental realization of quantum technologies, from cryogenics to nano fabrication and characterization of complex quantum electronic devices while working at Max-Planck Institute, Munzur University and University of Toronto.