Xanadu
Xanadu is a quantum technology company developing photonic quantum computers and the open-source software library PennyLane for quantum machine learning.
Secondary Market Price
How Xanadu Measures Up
To help you manage your Xanadu equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series C
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future Xanadu Prices
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Company Description
Xanadu Quantum Technologies is a Canadian company developing photonic quantum computing hardware and software. The company takes a full-stack approach, building cloud-accessible quantum computers and developing open-source software tools like PennyLane, a library for quantum machine learning, and Catalyst. Xanadu is also creating applications for various sectors, including the pharmaceutical industry for protein mapping and designing therapies, and the energy sector for developing solar materials and smarter energy grids. Founded in 2016 in Toronto, Canada, by CEO Christian Weedbrook, the company has focused on photonic quantum computing since its inception and has grown to become a significant provider of photonic quantum hardware.
The company is currently on a path to go public. In a partnership with Crane Harbor Acquisition Corp., Xanadu has publicly filed a Form F-4 with the U.S. Securities and Exchange Commission, a step toward becoming the first publicly traded pure-play photonic quantum computing company. Xanadu's future plans involve advancing its quantum systems, which operate at room temperature and are designed to scale through a networked, modular architecture. The company also recently announced a partnership with Thorlabs to develop customized optical fiber components to help scale its photonic systems.
- Georgian
- Porsche Automobil Holding SE
- Forward Ventures
- Alumni Ventures
- Pegasus Tech Ventures
- Silicon Valley Bank
- Bessemer Venture Partners
- Capricorn
- BDC Capital
- Tim Draper
- Co-Founder, Christian Weedbrook
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Xanadu worth joining?
Deciding whether to join any startup depends on your personal career goals, the company's potential, and the specifics of the compensation package. Platforms like Prospect can help you evaluate the equity portion of your offer by forecasting its potential future value based on VC-grade data.
What should I do with my Xanadu stock?
Managing private stock involves complex decisions around when to exercise options, how to handle taxes, and if you should sell shares. Prospect is a platform that provides personalized, data-driven strategies to help you navigate these choices and maximize your equity's value.
Can you sell Xanadu stock?
Selling stock in a private company is often possible through company-organized tender offers or on secondary markets, though it is more restricted than selling public stock. Prospect offers tools to help you analyze these opportunities, decide how much to sell, and select the most tax-optimal shares for the transaction.
How can I find the value of my Xanadu stock?
Valuing private company stock is difficult as it doesn’t trade on a public exchange, and its worth is more than just the last 409A valuation. You can use platforms like Prospect, which applies machine learning models to project the future value of your equity using the same data as top VCs.
What is Xanadu's equity worth?
The total value of a private company's equity is based on its most recent valuation, but the specific worth of your shares depends on future growth, dilution, and market conditions. To better understand what your holdings could be worth, Prospect provides predictive models to forecast a range of potential outcomes for your stock.
What is Xanadu's stock ticker symbol?
As a private company that has not yet had an initial public offering (IPO), Xanadu does not have a stock ticker symbol. Ticker symbols are assigned only when a company lists its shares for trading on a public stock exchange.
Can I buy or sell Xanadu stock?
Selling stock in a private company like Xanadu may be possible through tender offers or secondary markets, while buying shares is typically restricted to accredited investors. For employees considering a sale, Prospect provides tools to help determine the right time and amount to sell for an optimal financial outcome.
What is the criteria to buy or invest in Xanadu stock?
Directly investing in a private startup is generally limited to accredited investors who meet specific income or net worth requirements to participate in funding rounds. Employees, on the other hand, usually receive their equity as a form of compensation rather than as a direct investment.
