Diligence memo · auto-generated · as of July 2, 2026
Rigetti Computing, Inc.
Rigetti Computing, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Rigetti Computing, Inc. operates in Other Technology, based in Berkeley, CA, USA. Quantum coherent supercomputing.
Sub-sector tags: Quantum Computing.
Capital & rounds (filed)filed
Rigetti Computing, Inc. has raised $46M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $45M on 2021-12-22.
Most recent recorded round closed around 2022-08-11.
Valuation (modeled)modeled
Provath models Rigetti Computing, Inc. at approximately $13M (range $2.9M–$25M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.02× the median modeled value of Series C Other Technology companies in 2022–2024 (187 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
Last raise 3.9 yr ago; this sector typically re-raises about every 13 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 58.9× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 92% of Other Technology peers (21302 compared).
Modeled value ranks above 27% of those peers.
Closest niche peers: LinkSquares, Inc., Semperis Ltd., Veev Group, Inc., GPI Acquisitions, Inc., DVX Ventures LLC.
Peoplefiled
21 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.