SandboxAQ Stock $7.61

Forge Price BeaconForge Price 1 updated October 25, 2024

sandboxaq.comEnterprise Software / CybersecurityFounded: 2021Funding to Date: $1.3B

SandboxAQ is an enterprise SaaS company focused on addressing complex business and scientific challenges. The company's software blends AI and Quantum technology (AQ), intending to facilitate cross-pollination across fields such as physics, computer science, neuroscience, mathematics, cryptography and natural sciences. SandboxAQ aims to empower its clients with advanced computing technologies for practical, real-world applications. SandboxAQ, which spun out of Alphabet in 2022 was founded in 2016 by Jack Hidary and is headquartered in Mountain View, CA.

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Private Market Pricing DetailsValuation & Financings

SandboxAQ Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
10/25/2024
Price per Share
$7.61
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

SandboxAQ Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
03/22/2022 Series D $1.3B $xx.xx $3.34B Schmidt, Breyer Capital, T. Rowe Price, TIME Ventures
Price per Share
$xx.xx
Shares Outstanding
138,158,438
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Schmidt, Breyer Capital, T. Rowe Price, TIME Ventures

SandboxAQ investors also invested in these private companies

Leadership & Board

Leadership

Jack Hidary
Founder & Chief Executive Officer

SandboxAQ stock FAQs

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Can you buy SandboxAQ stock?

As SandboxAQ is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like SandboxAQ, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy SandboxAQ stock?

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Can you sell SandboxAQ stock?

Yes, you may sell the SandboxAQ stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell SandboxAQ stock?

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  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your SandboxAQ on our platform.
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Is SandboxAQ a public company?

No, SandboxAQ is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is SandboxAQ’s stock price?

SandboxAQ is a private company, meaning it does’t have a publicly traded stock price. However, as of 10/25/2024 the SandboxAQ Forge Price is $7.61 per share. The Forge Price is a derived price calculated for private companies like SandboxAQ to provide insights into their current valuation. Learn more about Forge Price.
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What is SandboxAQ’s stock ticker symbol?

SandboxAQ does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

SandboxAQ’s news and media highlights

SandboxAQ, a quantum and AI technology company, started as an under-the-radar project at Google parent Alphabet back in 2016, at a time when the world was talking about both of those technologies mostly in theoretical terms. Eight years later, a multitude of companies are exploring the intersection of quantum and AI, and how they can be leveraged together to advance computing, sensing, security, and more across a variety of industries.
The developer of quantum sensing technologies SandboxAQ today announced a breakthrough navigational platform designed as a backup when the global positioning system is jammed or otherwise not available. The new system, called AQNav, combines advanced quantum sensors and artificial intelligence algorithms along with a map of the Earth’s magnetic field to provide an unjammable, all-weather, real-time navigation solution that can work even when GPS is unavailable or spoofed.
Sandbox AQ, a startup spun off from Alphabet Inc, last year, said on Tuesday it raised $500 million as it helps customers prepare for a quantum computing future. Quantum computers, whose processors run based on quantum physics, could one day carry out certain calculations millions of times quicker than today's fastest super computers, yet they remain years away from making a big change, such as breaking encryption.
The clock is ticking for public key encryption. With researchers anticipating that quantum computers will be able to decrypt public key algorithms as soon as 2030, organizations are under increasing pressure to find quantum-resistant algorithms to protect their data from threat actors.
Updated on: Oct 27, 2024

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