SandboxAQ was founded in 2016 by Jack Hidary. According to the Wall Street Journal in January 2024, SandboxAQ recently acquired drug company Good Chemistry for $75M. SanboxAQ has not publicly endorsed a plan to participate in an IPO.
SandboxAQ is a developer of AI and quantum computing solutions for commercial applications. Per Forge data, SandboxAQ has raised a total of $500 million in funding over 4 rounds. Their latest funding was raised on Feb 14, 2023. Key investors include Time Ventures, T. Rowe Price, and Breyer Capital.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
| Funding Date | Round | Amount Raised | Price per Share | Post-Money Valuation 3 | Key Investors | |
|---|---|---|---|---|---|---|
| 05/21/2026 | Series F | $500MM | $41.35 | $13.89B | Undisclosed Investors | |
|
Price per Share
$ xx.xx
Shares Outstanding
12,091,898
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
| 04/04/2025 | Series E | $450MM | $17.21 | $5.75B | Alger, Ava Investments, Avant Global, Beyond Alpha Ventures, Bnp Paribas, Breyer Capital, Bridgespan VC, David Siegel, ENKORE International Enterprises, Eric Schmidt, Fred Alger Management, Google, Hillspire, Horizon Kinetics, Human Capital Development, In-Q-Tel, Marc Benioff, Mumtalakat, Nvidia, Paladin Capital, Parkway Venture Capital, Ray Dalio, Rizvi Traverse Management, S32, Time Ventures, T. Rowe Price, Us Innovative Technology Fund, Yann Lecun | |
|
Price per Share
$ xx.xx
Shares Outstanding
26,147,589
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alger, Ava Investments, Avant Global, Beyond Alpha Ventures, Bnp Paribas, Breyer Capital, Bridgespan VC, David Siegel, ENKORE International Enterprises, Eric Schmidt, Fred Alger Management, Google, Hillspire, Horizon Kinetics, Human Capital Development, In-Q-Tel, Marc Benioff, Mumtalakat, Nvidia, Paladin Capital, Parkway Venture Capital, Ray Dalio, Rizvi Traverse Management, S32, Time Ventures, T. Rowe Price, Us Innovative Technology Fund, Yann Lecun
|
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| 03/22/2022 | Series D | $466.38MM | $9.43 | $3.34B | Amadeus Capital Partners, Benhamou Global Ventures, Big Sky Partners, Break Off Capital, Breyer Capital, Cme Ventures, Elaia Partners, Eric Schmidt, In-Q-Tel, KittyHawk, Lenox Partners, Moonshots Capital, Neman Ventures, Paladin Capital, S32, Thomas Tull, Time Ventures, T. Rowe Price, Us Innovative Technology Fund | |
|
Price per Share
$ xx.xx
Shares Outstanding
49,463,993
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amadeus Capital Partners, Benhamou Global Ventures, Big Sky Partners, Break Off Capital, Breyer Capital, Cme Ventures, Elaia Partners, Eric Schmidt, In-Q-Tel, KittyHawk, Lenox Partners, Moonshots Capital, Neman Ventures, Paladin Capital, S32, Thomas Tull, Time Ventures, T. Rowe Price, Us Innovative Technology Fund
|
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While LLMs have been all the rage in recent years, SandboxAQ is taking a different approach. The company focuses on large quantitative models (LQMs), which use information from real-world physics and other areas of science and math. That could then enable LQMs to tackle challenges in fields like cybersecurity, healthcare and navigation.
See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.
| Trade Metrics | Last Funding Round | |||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Last Matched | Round | Post-Money Valuation 3 | Price Per Share | Amount Raised | ||
 | Anthropic | Not available | $ xx.xx | Series H-1 | $965B | $589.01 | $41.29B | |
 | OpenAI | $721.70 -$11.84 (1.61%) | $ xx.xx | Series C | $852B | $687.69 | $122B | |
 | Bending Spoons | Not available | $ xx.xx | Not available | -- | -- | -- | |
 | Deel | $38.92 +$1.29 (3.43%) | $ xx.xx | Series E | $17.3B | $38.92 | $300MM | |
 | Cohesity | $15.67 +$0.01 (0.06%) | $ xx.xx | Series H-1 | $4.69B | $15.66 | $27.5MM | |
 | Genesys | Not available | $ xx.xx | Not available | -- | -- | -- | |
 | Relativity | Not available | $ xx.xx | Not available | -- | -- | -- | |
 | Envoy | Not available | $ xx.xx | Series C | $1.4B | $3.14 | $111MM | |
 | Entrata | Not available | $ xx.xx | Not available | -- | -- | -- | |
 | 4C | Not available | $ xx.xx | Not available | -- | -- | -- | |
Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.
| Company | Forge Price (6M Change) | Market Activity | Last Matched | |
|---|---|---|---|---|
 |
Vulcan Elements | $90.25 +$78.75 (684.78%) | Medium | $xxx.xx |
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SambaNova Systems | $35.00 +$24.25 (225.58%) | Medium | $xxx.xx |
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Whoop | $6.51 +$4.09 (169.01%) | Medium | $xxx.xx |
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Crusoe | $225.00 +$140.99 (167.83%) | Limited | $xxx.xx |
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SandboxAQ | $41.35 +$25.86 (166.95%) | High | $xxx.xx |
| Company | Forge Price | Market Activity | Last Matched | |
|---|---|---|---|---|
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Anthropic | Not available | High | $xxx.xx |
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OpenAI | $721.70 -$11.84 (1.61%) | High | $xxx.xx |
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Anduril | $116.98 -$4.99 (4.09%) | High | $xxx.xx |
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Databricks | $242.04 +$17.04 (7.57%) | High | $xxx.xx |
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Shield AI | $161.38 +$0.67 (0.42%) | High | $xxx.xx |
Updated on: Jun 5, 2026
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$41.35