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Variational quantum algorithms are a leading candidate for early applications on noisy intermediate-scale quantum computers. These algorithms depend on a classical optimization outer-loop that minimizes some function of a parameterized quantum circuit. In practice, finite sampling error and gate errors make this a stochastic optimization with unique challenges that must be addressed at the level of the optimizer. The sharp trade-off between precision and sampling time in conjunction with experimental constraints necessitates the development of new optimization strategies to minimize overall wall clock time in this setting. In this work, we introduce two optimization methods and numerically compare their performance with common methods in use today. The methods are surrogate model-based algorithms designed to improve reuse of collected data. They do so by utilizing a least-squares quadratic fit of sampled …