evolutionQ
evolutionQ provides quantum-safe cybersecurity software and advisory services to critical infrastructure operators in telecommunications, finance, defense, and government, delivering cryptographic resilience through its Basejump platform, multimodal key establishment protocol, and QKD network management solutions.
- Company typePrivate
- Founded2015
- HeadquartersWaterloo, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What evolutionQ does
evolutionQ is a privately-held quantum-safe cybersecurity company founded in 2015 and headquartered in Kitchener-Waterloo, Ontario, with a European headquarters in Aachen, Germany. The company targets critical infrastructure operators in telecommunications, finance, defense, and government, helping organizations migrate their cryptographic systems to withstand both current "harvest now, decrypt later" attacks and future cryptographically-relevant quantum computers. Customers include Proximus, Bank of Canada, Nokia, Juniper Networks, and Numana, with reference deployments spanning live telecom networks, central bank research, and quantum-safe network testbeds such as Canada's Kirq.
The company's technology portfolio centers on the Basejump platform, anchored by BasejumpSKI (a symmetric key infrastructure solution combining symmetric key infrastructure with classical asymmetric and post-quantum cryptography through a multimodal key establishment protocol) and BasejumpQDN (vendor-neutral software for orchestrating multi-vendor Quantum Key Distribution networks with intelligent key routing and trusted repeater nodes). Supporting capabilities include BasejumpSIM (cloud-based network simulation) and the MultimodalKES protocol launched in 2024. The company also delivers advisory services covering quantum risk assessment, executive workshops, and roadmap strategy, following NIST-aligned risk management frameworks. Co-founders Dr. Michele Mosca, Dr. Norbert Lütkenhaus, and Dr. David Jao bring academic pedigree from the University of Waterloo and authorship of foundational quantum-cryptography research.
evolutionQ operates a hybrid revenue model combining one-time software licensing for Basejump products (deployed on-premise or cloud, preferably on HSM) with professional services for advisory engagements. Go-to-market blends direct enterprise field sales with a multi-tier partner ecosystem spanning network equipment providers (Nokia, Juniper, Palo Alto Networks), QKD vendors (IDQuantique, Toshiba, Quintessence Labs, LuxQuanta, KETS, QTI), and service companies (Axians, Dacoso, Numana, Speqtral, SAMA Partners). Pricing is quote-based with multi-year contracts. The company is venture-backed, having raised US$5.5 million in Series A funding in June 2022 led by Quantonation with participation from Group Ventures and strategic investor SandboxAQ.
evolutionQ firmographics
Firmographics- Name
- evolutionQ
- Legal name
- evolutionQ Inc.
- Website
- https://evolutionq.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- evolutionQ provides quantum-safe cybersecurity software and advisory services to critical infrastructure operators in telecommunications, finance, defense, and government, delivering cryptographic resilience through its Basejump platform, multimodal key establishment protocol, and QKD network management solutions.
- Ownership category
- akta.pro rank
evolutionQ industry classification
Industry- Product category
- Post-Quantum Cryptography Software
- NAICS
- Computer Systems Design and Related Services (5415), Software Publishers (5132)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- PQC Migration, Readiness Assessment & Crypto-Agility (HDAGAGAD)
- akta.pro secondary industries
- Quantum-Safe Cryptographic Algorithms & Protocols (PQC) (HDAGAGAC), Quantum-Safe Network Infrastructure & Migration (PQC-enabled Networking) (HDAGAFAG), Quantum-Secure Network & Transport Encryption (VPN/TLS/IPsec/MACsec) (HDAGAGAF), Quantum Cryptography & Post-Quantum/Quantum-Safe Security Research (HDAGAMAI)
Keywords
Where evolutionQ is headquartered
LocationHeadquarters
- HQ city
- Waterloo
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
evolutionQ business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Software Products (BasejumpSKI, BasejumpQDN, BasejumpSIM): Licensing and deployment of quantum-safe security software products. BasejumpSKI provides symmetric key infrastructure, BasejumpQDN enables quantum key distribution network management, and BasejumpSIM offers simulation capabilities. Products can be deployed on-premise, preferably on HSM, or in the cloud.
- Professional Services (Quantum Risk Assessment, Executive Workshops, Roadmap & Strategy): Advisory services including quantum risk assessments following NIST Risk Management Framework, executive briefings on quantum threats, and quantum-safe roadmap development. Services pair experts with client technical teams to identify vulnerabilities and recommend safeguards.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Quote-based enterprise pricing |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
evolutionQ product offering
Product offeringCore offering
evolutionQ develops and licenses quantum-safe cybersecurity software products (BasejumpSKI, BasejumpQDN, BasejumpSIM, and MultimodalKES) that combine symmetric key infrastructure, classical asymmetric cryptography, and post-quantum cryptography to deliver cryptographic resilience for critical infrastructure operators. The company also delivers advisory services—Quantum Risk Assessment, Executive Workshops, and Roadmap & Strategy—helping organizations in telecommunications, finance, defense, and government migrate to post-quantum security without rip-and-replace of existing network equipment.
Product overview
evolutionQ offers a portfolio of quantum-safe cybersecurity solutions comprising two core software products (BasejumpSKI and BasejumpQDN) and supporting simulation capabilities (BasejumpSIM), complemented by advisory services (Quantum Risk Assessment, Quantum-Safe Executive Workshop, Quantum Roadmap & Strategy). BasejumpSKI provides symmetric key infrastructure with multimodal key establishment for post-quantum protection without requiring hardware replacement, while BasejumpQDN enables integration and management of Quantum Key Distribution networks. The services layer helps organizations assess quantum risk and develop migration roadmaps.
Differentiator
Problem solved
Functional benefit
Brands
- BasejumpSKI: Symmetric key infrastructure solution providing long-term security through a unique multi-modal approach combining symmetric key infrastructure with post-quantum cryptography for end-to-end key generation.
- BasejumpQDN
- BasejumpSIM
- MultimodalKES
Products and services
- BasejumpSKI Symmetric key infrastructure solution that delivers post-quantum cryptographic resilience by combining symmetric key infrastructure, classical asymmetric key cryptography, and post-quantum cryptography in a unique multimodal approach to end-to-end key generation. It is intended for critical infrastructure operators in telecommunications, finance, defense, and government that need long-term security without replacing existing network equipment.
- BasejumpQDN Quantum Delivery Network software that enables ultra-secure key exchange across multi-vendor quantum networks by integrating Quantum Key Distribution devices, providing intelligent key routing and extending QKD networks via trusted repeater nodes in a vendor-neutral architecture. It is targeted at telecom operators, financial institutions, and government agencies deploying quantum-enabled networks.
- BasejumpSIM Cloud-based simulation tool that models multi-node QKD network behavior so customers can evaluate topologies, traffic scenarios, and device configurations before installing physical QKD hardware. It supports feasibility and value assessment for organizations evaluating quantum-safe network rollouts.
- MultimodalKES Multimodal Key Establishment System that delivers multi-layered cryptographic protection combining symmetric key, classical asymmetric, and post-quantum cryptography, providing forward secrecy, post-compromise security, and identity theft protection for long-term quantum-safe communications. It is targeted at organizations requiring defense-in-depth cryptographic agility.
- Quantum Risk Assessment Advisory engagement that pairs evolutionQ's quantum cryptography experts with client technical teams to identify cryptographic vulnerabilities, assess quantum risk exposure following the NIST Risk Management Framework, and recommend safeguards for achieving long-term post-quantum security. It is intended for CISOs and security teams of critical infrastructure operators.
- Quantum-Safe Executive Workshop Executive briefing delivered by evolutionQ's world-renowned experts covering quantum computing threats, risk mitigation planning, and cryptographic inventory methodologies for senior leadership. It targets C-suite and board-level audiences at critical infrastructure organizations preparing for post-quantum migration.
- Quantum Roadmap & Strategy Strategic planning engagement that helps organizations define key decisions, activities, milestones, and dependencies for achieving quantum-safe security within specified timelines and risk tolerance. It supports CISOs and program leaders in translating quantum threat assessments into executable migration programs.
Quantifiable outcome
- Up to 10x reduction in QKD device costs through optimized network architecture (from N choose 2 to N-1 times 2 device requirements)
- +2 more outcomes
Companies that use evolutionQ
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
evolutionQ technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
evolutionQ partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered flagship, core and minor.
- Bank of CanadaflagshipResearch engagement to contribute to quantum-safe cybersecurity for greenfield digital currencies. evolutionQ's open-source code accelerates quantum-safe technology development supporting response to evolving cryptographic challenges.
- National Research Council Canada (NRC)coreValued partner providing leadership in proactively tackling cyber threats posed by quantum computers and investing in technology like BasejumpQDN. Story feature on NRC website highlighting quantum cyber security collaboration.
- NokiaflagshipPartnership to deliver hybrid, multi-vendor quantum key distribution solution with centralized orchestration, vendor-neutral integration, resilient key management, and end-to-end quantum security for Nokia's customer networks. Joint whitepaper published on solution architecture.
- Juniper NetworkscoreCollaboration to enhance existing IKE with updatable quantum-secure key distribution solution enabling quantum-safe VPN with cryptographic agility. Ecosystem of partners working together to evolve with standards and threats.
- Palo Alto NetworkscoreNetwork equipment provider partner in evolutionQ's partner ecosystem for delivering quantum-safe security solutions.
- NumanaflagshipPartnership for quantum-safe networking blueprint validation on Canada's Kirq testbed. Successfully validated Blueprint 7 architecture protecting critical infrastructure including banks, hospitals, and governments. Collaboration continuing through 2026 to expand testing for organizations planning quantum-safe migration at scale.
- IDQuantiquecoreQKD vendor partner enabling Proximus quantum-safe optical network connection trial in Europe. Partner in Nokia collaboration for hybrid quantum encryption key demonstration.
- ProximusflagshipBelgian telecommunications leader that conducted Europe's first live hybrid quantum encryption key trial with Nokia and IDQuantique using evolutionQ's BasejumpQDN. Milestone demonstration for quantum key technologies and future network security.
- KETS Quantum SecuritycoreQKD vendor partner providing quantum key distribution devices for multi-vendor quantum-safe network solutions.
- LuxQuantacoreQKD vendor partner in evolutionQ's quantum-safe networking partner ecosystem.
- QTI (Quantum Technology Innovators)coreQKD vendor partner for quantum-safe key distribution technology integration.
- Quintessence LabscoreQKD vendor partner providing quantum key distribution solutions integrated through BasejumpQDN.
- ToshibacoreQKD vendor partner in evolutionQ's partner ecosystem for quantum-safe networking solutions.
- AxianscoreService and technology company partner for delivering quantum-safe solutions in European markets.
- DacosominorEuropean service partner for quantum-safe cybersecurity solutions delivery.
- Speqtral QuantumcoreQuantum technology company partner for quantum-safe networking solutions.
- SAMA PartnersminorPost-quantum cryptography consulting partner for quantum-safe solutions delivery.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
evolutionQ competitors and assessment
Company assessmentDirect peers
- PQShield: UK-based PQShield develops post-quantum cryptography hardware IP, software libraries, and migration tooling for embedded and enterprise environments. It is a direct competitor in the PQC algorithm/protocol layer that evolutionQ's BasejumpSKI operates at.
- Qrypt: Qrypt offers quantum-secure encryption products based on quantum entropy sources and key distribution, targeting the same enterprise cybersecurity and critical infrastructure buyers as evolutionQ.
- Quantum Xchange: Quantum Xchange provides quantum-safe key distribution and crypto-agility networking solutions for financial services and government. It directly competes with BasejumpQDN in QKD orchestration and management for telecom and enterprise networks.
- SandboxAQ: SandboxAQ is a direct competitor in quantum-safe cybersecurity, offering its own post-quantum cryptography and AI-driven security platform. It is also a strategic investor in evolutionQ (Series A 2022), and the two have a stated alliance to deliver quantum-safe products — making it the closest comparable and clearest competitive threat.
- Post-Quantum (PQ): Post-Quantum is a UK-based provider of quantum-safe communications, identity, and blockchain solutions for enterprises and governments. It competes directly with evolutionQ's Basejump platform in the quantum-safe VPN, identity, and migration advisory market.
Broad incumbents
- Cloudflare Post-Quantum: Cloudflare has rolled out post-quantum TLS across its network and offers PQC-enabled services to enterprise customers. While not a direct product competitor, it acts as a free or low-cost default PQC layer that could compress demand for standalone offerings like evolutionQ's.
- IDQuantique: IDQuantique is a leading QKD hardware vendor and broader quantum-safe cryptography provider. While also a key integration partner for evolutionQ (used in the Proximus trial), it competes as a broader incumbent offering both hardware and adjacent software that overlaps with BasejumpQDN.
- IBM Quantum Safe: IBM Quantum Safe is IBM's broader quantum-safe cryptography initiative, embedded across its mainframe, cloud, and consulting portfolio. It competes with evolutionQ as a broad incumbent targeting the same enterprise crypto-agility and migration advisory market.
- Thales (Cryptography & Quantum-Safe Solutions): Thales provides hardware security modules, key management, and post-quantum cryptography solutions as part of its broader cybersecurity portfolio. It is a broad incumbent alternative to evolutionQ's BasejumpSKI for enterprises buying integrated HSM + key management stacks.
Emerging players
- Quintessence Labs: Australia-based Quintessence Labs provides quantum key distribution and quantum-safe key management solutions. It is both a QKD integration partner for evolutionQ (per partner ecosystem) and an emerging player offering competing quantum-safe network software.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
evolutionQ social profiles
Digital presenceevolutionQ financial estimates
Financial estimateRevenue estimate
Valuation estimate
evolutionQ leadership team
Management profileNumber of profiles
Profiles11 records
evolutionQ funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
evolutionQ 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 evolutionQ
What does evolutionQ do?
evolutionQ develops and licenses quantum-safe cybersecurity software products (BasejumpSKI, BasejumpQDN, BasejumpSIM, and MultimodalKES) that combine symmetric key infrastructure, classical asymmetric cryptography, and post-quantum cryptography to deliver cryptographic resilience for critical infrastructure operators. The company also delivers advisory services—Quantum Risk Assessment, Executive Workshops, and Roadmap & Strategy—helping organizations in telecommunications, finance, defense, and government migrate to post-quantum security without rip-and-replace of existing network equipment.
Is evolutionQ a public or private company?
evolutionQ is a private company. It is classified as venture growth investor backed and is currently operating.
When was evolutionQ founded?
evolutionQ was founded in 2015. It employs 11 to 50 people.
Where is evolutionQ based?
evolutionQ is headquartered in Waterloo, Canada, in the North America region.
How does evolutionQ make money?
Two revenue lines are on record. Software Products (BasejumpSKI, BasejumpQDN, BasejumpSIM) is the primary driver. The others are professional Services (Quantum Risk Assessment, Executive Workshops, Roadmap & Strategy).
Who are evolutionQ's main competitors?
Direct peers on record are PQShield, Qrypt, Quantum Xchange, SandboxAQ and Post-Quantum (PQ). Broad incumbents are Cloudflare Post-Quantum, IDQuantique, IBM Quantum Safe and Thales (Cryptography & Quantum-Safe Solutions). Quintessence Labs is listed as an emerging player.
Does evolutionQ have an API?
No public API is recorded for evolutionQ.
What industry is evolutionQ in?
evolutionQ's product category is Post-Quantum Cryptography Software. Its primary akta.pro industry code is HDAGAGAD, PQC Migration, Readiness Assessment & Crypto-Agility, with a secondary code of HDAGAGAC, Quantum-Safe Cryptographic Algorithms & Protocols (PQC). Its NAICS code is 5415 and its SIC code is 7371.