Xanadu

Xanadu is a Canadian quantum computing company based in Toronto, founded in 2016 by Christian Weedbrook. The company focuses on developing photonic quantum computers, which utilize photons as qubits. Xanadu aims to make quantum computing accessible and useful globally, positioning itself as a leader in scalable and fault-tolerant quantum systems. The company offers a range of products, including the Aurora universal photonic quantum computer and the Xanadu Cloud platform, which provides access to quantum hardware and simulators. Xanadu also develops open-source software tools like PennyLane and Strawberry Fields, which support quantum programming and circuit design. With over 240 employees, Xanadu collaborates with industry leaders and research institutions to advance quantum technology, serving customers across various sectors such as machine learning and materials science.

Computer Hardware Toronto, Canada Founded 2016 ~301 employees

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Employees
301
+3.1% in the 3 months to Jun 2025
Revenue / employee
$274K
Revenue ~$82.5M
Total funding
$269M
Last round Jun 2025
12-month attrition
17.3%
Tech: 10.5%
H1B filings, FY2026
1
Sponsors visas

Salaries at Xanadu

All salaries

17 salary profiles in India

Most reported roles

Pay by level, gender and ethnicity · US salaries

H-1B sponsorship

H-1B Sponsorship Limited
H-1B Filings by Department
Engineering5

The department split adds up all the years listed above. FY2026 alone: 1 filings.

Funding

  • Jun 2025
  • Feb 2024 · $3.8M · FedDev Ontario
  • Jan 2023 · $29.9M
  • Nov 2022 · Series C · $100M · Porsche Automobil Holding SE, Alumni Ventures, Pegasus Tech Ventures
  • May 2021 · Series B · $100M · Bessemer Venture Partners, Capricorn, Tiger Global
  • Jan 2020 · Venture · $4.4M · Sustainable Development Technology Canada
  • Jun 2019 · Series A · $32M · OMERS Ventures, Georgian Partners, Radical Ventures
  • May 2018 · Seed · $9M · Omers Ventures, Golden Ventures, Real Ventures

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Xanadu FAQ

How many employees does Xanadu have?

Xanadu has about 301 employees, up 3.1% over the 3 months to Jun 2025.

Does Xanadu sponsor H1B visas?

Yes. Xanadu filed 1 H1B (LCA) application in FY2026, according to the latest U.S. Department of Labor disclosures. It was for a Engineering role.

What is Xanadu's revenue per employee?

Xanadu makes about $274K in revenue per employee, based on $82.5M annual revenue and 301 employees.

How much does Xanadu pay?

6figr has 17 salary profiles for Xanadu in India and 1 in the US, with pay broken down by role, level and gender on the Xanadu salaries page. See Xanadu salaries in India

How much funding has Xanadu raised?

Xanadu has raised $269.28M in total funding.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.