QC Ware

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.

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

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

• Quantum computing software
• Molecular discovery platform
• Computational chemistry tools
• Quantum algorithms services
• GPU-accelerated simulation

Headquarters

HQ city

Palo Alto

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. 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.
2. 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.
3. 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

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core 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

Named customers11 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature8 records

Partnerships

Twelve partnerships are on record, tiered core, major and minor.

• QuemixcoreStrategic or Co-development Partner · 21 April 2026Co-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 ExchangemajorStrategic or Co-development Partner · 24 March 2026Co-hosting Q2B x Chicago Quantum Summit in December 2026 to foster collaboration among research, industry, and government entities and strengthen the Quantum Prairie hub.
• IonQcoreTechnology or Integration · 8 January 2025Successfully 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 AllianceminorStrategic or Co-development Partner · 1 August 2024QC 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 GroupmajorStrategic or Co-development Partner · 3 June 2020Joint quantum computing research to advance digital transformation. Working on static code testing challenges for automatic transmission modules using quantum computing.
• Goldman SachscoreStrategic or Co-development PartnerCollaboration 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.
• AirbusmajorStrategic or Co-development PartnerAirbus 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.
• BMWmajorStrategic or Co-development PartnerCollaboration 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 HoldingsmajorStrategic or Co-development PartnerCollaboration on battery simulation using quantum computing. Revolutionizing battery development through quantum computing applications.
• RochemajorStrategic or Co-development PartnerJoint exploration of quantum neural networks for classifying biomedical images to support drug development. Released paper on ArXiv.
• JPMorgan ChasemajorStrategic or Co-development PartnerCollaboration on quantum machine learning applications in finance for portfolio optimization and future-ready algorithms. Moving beyond traditional Monte Carlo simulations to quantum algorithms.
• NVIDIAcoreTechnology or IntegrationPromethium 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

Direct 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

• Xx.com/QCWare
• YouTubeyoutube.com/qcware
• LinkedInlinkedin.com/company/qcware

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds6 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about QC Ware