QC Ware
QC Ware is a Palo Alto-based quantum computing software company that sells the GPU-accelerated Promethium molecular discovery platform, the Forge quantum cloud service, and enterprise quantum consulting to pharmaceutical, materials, financial, automotive, and aerospace customers.
- Company typePrivate
- Founded2014
- HeadquartersPalo Alto, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What QC Ware does
QC Ware is a Palo Alto-based quantum computing software company founded in 2014 that sells enterprise software and services for quantum computing and computational chemistry. The company operates two core product lines: Promethium, a GPU-accelerated cloud platform that runs density functional theory (DFT) calculations 10-100x faster than legacy tools for molecular discovery in pharmaceutical, chemical, and materials science applications; and Forge, a quantum computing cloud service that gives enterprises access to quantum hardware for chemical and financial workloads. Promethium is delivered as a SaaS product (sold directly or through AWS Marketplace with monthly/annual billing) and is composed of modular workflows including Single Point Energy, Geometry Optimization, Conformer Search, Torsion Scan, InteractionMap (F-SAPT), Reaction Path Optimization, Transition State Optimization, and the Chemical Reactions Suite, plus the QC Score DFT-based scoring function for drug discovery.
The company also operates the Q2B conference series across Silicon Valley, Tokyo, Paris, Copenhagen, and Chicago as a community-building and demand-generation vehicle, and offers bespoke enterprise quantum consulting (workshops, proof-of-concept projects, R&D collaborations) to large industrials and financial institutions. Its customer base spans pharmaceuticals (Roche, Boehringer Ingelheim), financial services (Goldman Sachs, JPMorgan Chase, Itaú Unibanco), materials and chemicals (BASF, Covestro, POSCO Holdings), automotive (BMW, Aisin Group), and aerospace (Airbus), with several of these counterparties also participating as investors (Goldman Sachs, Covestro, D. E. Shaw & Co.). QC Ware is venture-backed, with the largest disclosed round being a $25 million Series B in September 2021 led by Koch Disruptive Technologies and Covestro AG, and reports ISO 27001 certification for its Promethium platform. The company partners with hardware providers IonQ, QuEra, and NVIDIA, and has demonstrated quantum advantage algorithms in finance (Goldman Sachs Monte Carlo speedup) and chemistry.
QC Ware firmographics
Firmographics- Name
- QC Ware
- Legal name
- QC Ware Corp.
- Website
- https://qcware.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- QC Ware is a Palo Alto-based quantum computing software company that sells the GPU-accelerated Promethium molecular discovery platform, the Forge quantum cloud service, and enterprise quantum consulting to pharmaceutical, materials, financial, automotive, and aerospace customers.
- Ownership category
- akta.pro rank
QC Ware industry classification
Industry- Product category
- Quantum Computing Software
- NAICS
- Scientific Research and Development Services (5417), Computer Systems Design and Related Services (54151), Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) (541715)
- SIC
- Services-Computer Programming Services (7371), Services-Commercial Physical & Biological Research (8731)
- akta.pro primary industry
- QCaaS Platforms & Developer Portals (HDAGAIAB)
- akta.pro secondary industries
- Managed Quantum Services & Enterprise Support (HDAGAIAI), Hybrid Quantum-Classical Orchestration & Workflow Management (HDAGAIAD), Quantum Application Engineering & Solution Delivery Services (HDAGALAD), Quantum Cloud APIs, Billing & Metering (HDAGAIAJ)
Keywords
Where QC Ware is headquartered
LocationHeadquarters
- HQ city
- Palo Alto
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
QC Ware business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Promethium SaaS Platform: Cloud-based subscription access to Promethium molecular discovery platform. Customers can subscribe via AWS Marketplace or direct invoicing from QC Ware. Usage-based batch processing capabilities with no limit on concurrent workflows.
- Enterprise Quantum Consulting Services: Custom algorithm development, proof-of-concept projects, and R&D collaboration services for enterprise clients. Includes workshops to identify potential use cases and initial pilot projects.
- Q2B Conference Events: Revenue from hosting the Q2B conference series including Silicon Valley, Tokyo, Paris, Copenhagen, and Chicago events. Sponsorships and attendance fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | AWS Marketplace subscription option |
| Subscription | Annual | Direct invoicing option |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
QC Ware product offering
Product offeringCore offering
QC Ware develops enterprise quantum computing software and a GPU-accelerated quantum chemistry platform (Promethium) that delivers DFT-level molecular property predictions 10–100x faster than legacy tools for pharmaceutical, chemical, and materials science discovery. The company also offers the Forge quantum computing cloud service for accessing quantum hardware, plus custom quantum algorithm consulting, workshops, and proof-of-concept development for enterprise clients. Revenue is generated through Promethium SaaS subscriptions, AWS Marketplace, professional services engagements, and the Q2B conference series.
Product overview
QC Ware offers a dual product strategy comprising Promethium, a GPU-accelerated quantum chemistry cloud platform for molecular discovery, and Quantum Services for enterprise quantum computing consulting. Promethium is a unified platform with multiple computational chemistry modules including Single Point Energy, Geometry Optimization, Conformer Search, Torsion Scan, InteractionMap (F-SAPT), Interaction Energy, Reaction Path Optimization, Transition State Optimization, and Chemical Reactions Suite, all powered by GPU acceleration. QC Score is a DFT-based scoring function for rapid drug discovery. The Q2B Conference Series serves as a networking and knowledge-sharing platform for the quantum computing ecosystem.
Differentiator
Problem solved
Functional benefit
Brands
- Promethium: GPU-powered quantum chemistry platform for molecular discovery in pharmaceutical, chemical, and materials science applications
- Forge
- Q2B
Products and services
- Promethium GPU-accelerated cloud platform for quantum chemistry simulation enabling faster and more accurate molecular discovery for pharmaceutical, chemical, and materials science applications. Supports single point energy calculations, geometry optimization, conformer search, torsion scans, interaction energy, F-SAPT, reaction path optimization, transition state optimization, and chemical reactions analysis.
- QC Score DFT-based scoring function for drug discovery that delivers FEP-like accuracy in minutes, enabling rapid molecular binding affinity predictions.
- Q2B Conference Series Premier quantum technology conference series connecting the international ecosystem of quantum technology providers and consumers, featuring academics, industry users, government representatives and quantum computing vendors across multiple global events.
- Forge Quantum Computing Cloud Service Quantum computing cloud service that enables enterprise access to quantum computers for applications focusing on chemical and financial industry use cases, including demonstrated quantum machine learning and Monte Carlo algorithms on near-term quantum hardware.
- Quantum Services Enterprise quantum computing consulting services including Workshops for identifying use cases, Proof of Concept development for exploring quantum capabilities, and R&D Projects for pushing boundaries of current quantum technology. Sold to enterprise clients across pharmaceutical, materials, financial services, automotive, and aerospace sectors.
Quantifiable outcome
- 10-100x faster DFT calculations than current tools with single point energy results in 31 seconds for a 59-atom system (B3LYP/def2-tzvpp)
- +3 more outcomes
Companies that use QC Ware
Customer profileNamed customers11 records
Segments5 records
Ideal customer profiles4 records
QC Ware technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature8 records
QC Ware partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core, major and minor.
- QuemixcoreCo-host and Platinum Sponsor of Q2B Tokyo 2026 conference. Quemix presenting six industrial use cases demonstrating real-world quantum applications in automotive and materials industries.
- Chicago Quantum ExchangemajorCo-hosting Q2B x Chicago Quantum Summit in December 2026 to foster collaboration among research, industry, and government entities and strengthen the Quantum Prairie hub.
- IonQcoreSuccessfully demonstrated quantum machine learning on IonQ's 11-qubit system achieving same accuracy as classical algorithms. QC Ware's Forge Data Loader technology used to load classical data onto quantum states. Joint proof-of-concept demonstrating quantum algorithms for financial services.
- QuEra Quantum AllianceminorQC Ware joined as founding member of QuEra Quantum Alliance Partner Program to collaborate on quantum computing solutions with early access to QuEra technology and joint go-to-market activities.
- Aisin GroupmajorJoint quantum computing research to advance digital transformation. Working on static code testing challenges for automatic transmission modules using quantum computing.
- Goldman SachscoreCollaboration on quantum algorithms for financial applications including derivatives pricing and Monte Carlo simulation speedup. Joint research to develop algorithms executable on near-term quantum computers.
- AirbusmajorAirbus identified QC Ware as a key player in quantum computing expertise. QC Ware has helped Airbus achieve industrial position on quantum computing for design verification optimization and flight path optimization.
- BMWmajorCollaboration on quantum machine learning for autonomous vehicles and quantum optimization for routing and manufacturing. BMW Group Research involved in identifying quantum computing use cases.
- POSCO HoldingsmajorCollaboration on battery simulation using quantum computing. Revolutionizing battery development through quantum computing applications.
- RochemajorJoint exploration of quantum neural networks for classifying biomedical images to support drug development. Released paper on ArXiv.
- JPMorgan ChasemajorCollaboration on quantum machine learning applications in finance for portfolio optimization and future-ready algorithms. Moving beyond traditional Monte Carlo simulations to quantum algorithms.
- NVIDIAcorePromethium platform leverages NVIDIA A100 GPUs with 80GB memory for computational performance. Collaboration announced at GTC 2024 for quantum computing simulation microservices.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
QC Ware competitors and assessment
Company assessmentDirect peers
- Zapata Computing (now Zapata AI): Zapata AI is a closely comparable quantum and classical AI software company targeting enterprise chemistry, finance, and optimization use cases, with a similar platform-plus-services model and enterprise customer base.
- Classiq Technologies: Classiq offers a quantum software development platform and enterprise services that compete directly with QC Ware's Forge offering, particularly for finance, chemistry, and optimization customers.
- Multiverse Computing: Multiverse provides quantum and quantum-inspired software for finance and industrial customers, overlapping heavily with QC Ware's financial services (Goldman Sachs, Itaú, JPMorgan) focus.
- Strangeworks: Strangeworks is an enterprise quantum computing platform aggregating access to multiple quantum hardware vendors, directly comparable to QC Ware's Forge multi-provider quantum cloud service.
Broad incumbents
- Quantinuum: Quantinuum combines quantum hardware with a full software stack (InQuanto, TKET) and serves chemistry and finance enterprise users, competing with QC Ware at the platform layer across the same verticals.
- Xanadu: Xanadu builds quantum hardware and the PennyLane software platform for chemistry, optimization, and machine learning; directly comparable to QC Ware on quantum cloud services and computational chemistry.
- Schrödinger, Inc. Schrödinger is the established leader in physics-based computational chemistry and drug discovery software; directly competes with Promethium in molecular simulation for pharma and materials customers.
Emerging players
- QunaSys: QunaSys specializes in quantum chemistry software for materials and drug discovery, closely overlapping with QC Ware's Promethium and F-SAPT offerings and serving similar pharma and chemicals customers.
- QuEra Computing: QuEra is a neutral-atom quantum hardware provider with a partner program that QC Ware has joined; their software ecosystem targets the same enterprise chemistry and optimization workloads.
- 1QBit: 1QBit is a quantum software company with comparable enterprise offerings spanning optimization, chemistry, and finance use cases, historically overlapping with QC Ware's GTM and target verticals.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
QC Ware social profiles
Digital presenceQC Ware compliance and trust
Trust signalCompliance1 record
QC Ware financial estimates
Financial estimateRevenue estimate
Valuation estimate
QC Ware leadership team
Management profileNumber of profiles
Profiles5 records
QC Ware funding detail
Funding detailFunding overview
Funding rounds6 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
QC Ware M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about QC Ware
What does QC Ware do?
QC Ware develops enterprise quantum computing software and a GPU-accelerated quantum chemistry platform (Promethium) that delivers DFT-level molecular property predictions 10–100x faster than legacy tools for pharmaceutical, chemical, and materials science discovery. The company also offers the Forge quantum computing cloud service for accessing quantum hardware, plus custom quantum algorithm consulting, workshops, and proof-of-concept development for enterprise clients. Revenue is generated through Promethium SaaS subscriptions, AWS Marketplace, professional services engagements, and the Q2B conference series.
Is QC Ware a public or private company?
QC Ware is a private company. It is classified as venture growth investor backed and is currently operating.
When was QC Ware founded?
QC Ware was founded in 2014. It employs 11 to 50 people.
Where is QC Ware based?
QC Ware is headquartered in Palo Alto, United States, in the North America region.
How does QC Ware make money?
Three revenue lines are on record. Promethium SaaS Platform is the primary driver. The others are enterprise Quantum Consulting Services and Q2B Conference Events.
Who are QC Ware's main competitors?
Direct peers on record are Zapata Computing (now Zapata AI), Classiq Technologies, Multiverse Computing and Strangeworks. Broad incumbents are Quantinuum, Xanadu and Schrödinger, Inc.. Emerging players are QunaSys, QuEra Computing and 1QBit.
Does QC Ware have an API?
Yes. REST API for programmatic access to Promethium platform. Currently in development. With REST API access, customers can submit up to 10k molecules at a single time for a batch workflow submission. Enables integration with external tools and automation of computational chemistry workflows. Developer documentation is at www.promethium.qcware.com/capabilities.
What industry is QC Ware in?
QC Ware's product category is Quantum Computing Software. Its primary akta.pro industry code is HDAGAIAB, QCaaS Platforms & Developer Portals, with a secondary code of HDAGAIAI, Managed Quantum Services & Enterprise Support. Its NAICS code is 5417 and its SIC code is 7371.