1QBit
1QBit is a Vancouver-based quantum computing software company founded in 2012 that builds hardware-agnostic design tools, compilers, and algorithms for utility-scale quantum processors, serving enterprise and government clients in finance, life sciences, advanced materials, energy, and defense.
- Company typePrivate
- Founded2012
- HeadquartersVancouver, Canada
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What 1QBit does
1QBit (legal name 1QB Information Technologies Inc.) is a Vancouver-based quantum computing software company founded in 2012 that develops hardware-agnostic design tools and algorithms for quantum processors and other exotic computing platforms. Its flagship product is the TopQAD (Topological Quantum Architecture Design) software suite, which provides HPC-accelerated simulation of fault-tolerant quantum computing (FTQC) protocols, architecture-aware compilation of utility-scale quantum algorithms, and automated quantum resource estimation. The company also maintains a Quantum Development Kit (QDK) for evaluation use and contributes peer-reviewed methods in neural error mitigation, reinforcement-learning-driven simulated annealing (COOL), variational quantum simulation, and problem decomposition techniques that reduce qubit requirements for electronic-structure simulations by up to an order of magnitude.
The company operates with 51-100 employees across offices in Vancouver, Waterloo, and Sherbrooke (Canada), and monetizes primarily through enterprise software, custom research collaborations, and consortium/government programs. Its go-to-market is enterprise field sales targeting finance, life sciences, advanced materials, energy, and quantum hardware providers, with named counterparties including Dow, Accenture, NTT Data, Allianz, IBM, IonQ, the Government of Canada, and DARPA. As a founding partner of the HPE-led Quantum Scaling Alliance and a participant in DARPA's Quantum Benchmarking Initiative, 1QBit is structurally positioned within the utility-scale quantum computing roadmap. Revenue model is described as subscription/recurring for software tools alongside custom services engagements; pricing is not publicly disclosed.
1QBit firmographics
Firmographics- Name
- 1QBit
- Legal name
- 1QB Information Technologies Inc.
- Website
- https://1qbit.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- 1QBit is a Vancouver-based quantum computing software company founded in 2012 that builds hardware-agnostic design tools, compilers, and algorithms for utility-scale quantum processors, serving enterprise and government clients in finance, life sciences, advanced materials, energy, and defense.
- Ownership category
- akta.pro rank
1QBit industry classification
Industry- Product category
- Quantum Computing Software
- NAICS
- Custom Computer Programming Services (541511), Software Publishers (5132), Computer Systems Design and Related Services (5415)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Quantum Development Frameworks & Libraries (HDAGACAB)
- akta.pro secondary industries
- Quantum Circuit Design, Visualization & Workflow Tools (HDAGACAD), Quantum Compilation Toolkits (Frontend SDK Layer) (HDAGACAF), Managed Quantum Services & Operations (M-QOps) (HDAGALAL)
Keywords
Where 1QBit is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
1QBit business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Quantum Computing Software and Services: 1QBit develops software tools for quantum processors and provides services including applications of novel AI and optimization methods to high-value industry problems, control systems for exotic computing platforms, and hardware designs informed by gaps between classical compute capabilities and industrial demand.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
1QBit product offering
Product offeringCore offering
1QBit develops hardware-agnostic quantum computing software tools and design frameworks, centered on its TopQAD (Topological Quantum Architecture Design) software suite, which provides HPC-accelerated simulation of fault-tolerant quantum computing protocols, architecture-aware compilation of utility-scale quantum algorithms, and automated quantum resource estimation. The company also offers a Quantum Development Kit (QDK) for evaluation and applies novel AI, optimization, and quantum-inspired methods to industry problems in finance, life sciences, advanced materials, and energy.
Product overview
1QBit offers a portfolio of quantum computing software tools centered around its TopQAD (Topological Quantum Architecture Design) software suite, which provides HPC-accelerated simulation of fault-tolerant quantum computing protocols, architecture-aware compilation of utility-scale quantum algorithms, and automated quantum resource estimation. The company also provides access to a Quantum Development Kit (QDK) for evaluation purposes. These products support research in quantum simulation, optimization, machine learning, and quantum error mitigation across various industry applications including finance, life sciences, advanced materials, and energy.
Differentiator
Problem solved
Functional benefit
Products and services
- TopQAD (Topological Quantum Architecture Design) Software Suite A comprehensive software framework providing HPC-accelerated simulation of fault-tolerant quantum computing (FTQC) protocols, architecture-aware compilation of utility-scale quantum algorithms, and efficient assembly on optimized quantum architectures. Used by enterprise and government clients for benchmarking quantum hardware specifications and evaluating FTQC performance metrics.
- Quantum Development Kit (QDK) An evaluation version of quantum development tools providing access to sample documentation and tutorials regarding quantum computing applications on a trial basis, intended for researchers and developers exploring 1QBit's quantum computing capabilities.
Quantifiable outcome
- Qubit requirements reduced by factor of up to 10 for molecular simulations while preserving accuracy
- +3 more outcomes
Companies that use 1QBit
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles4 records
1QBit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
1QBit partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered minor, core and flagship.
- QunaSys Inc.minor1QBit collaborated with QunaSys and HPE Quantum to develop resource estimation for STAR architecture enabling quantum simulation of 2D Fermi-Hubbard model systems using hundreds of thousands of physical qubits instead of millions.
- HPE QuantumcoreHPE Quantum collaborated with 1QBit and QunaSys on STAR architecture research for quantum simulation of 2D Fermi-Hubbard model systems.
- Hewlett Packard Enterprise (HPE)flagshipHPE leads the Quantum Scaling Alliance as system integrator with 1QBit as founding partner. HPE announced the USQC-forward vision with 1QBit and other consortium partners. The alliance aims to develop a cost-effective quantum supercomputer by leveraging existing supercomputing and semiconductor ecosystem. 1QBit provides fault-tolerant QEC design, quantum algorithm compilation and automated quantum resource estimation.
- QolabcoreQolab provides superconducting qubit technology for the Quantum Scaling Alliance roadmap led by HPE. The roadmap builds on Qolab's expertise in qubit design alongside 1QBit's fault-tolerant quantum computing design capabilities.
- SynopsyscoreSynopsys provides simulation and electronic design automation tools to the Quantum Scaling Alliance. The company contributes chip manufacturing equipment and design software expertise to enable mass-production of quantum computers.
- Quantum MachinescoreQuantum Machines contributes quantum control and real-time QEC expertise to the Quantum Scaling Alliance. The company is a market leader in quantum computing control systems with $280M+ in funding.
- RiverlanecoreRiverlane contributes quantum error correction expertise to the Quantum Scaling Alliance. The company has raised $195M+ and specializes in error correction technologies for quantum computing.
- Applied MaterialscoreApplied Materials provides semiconductor fabrication expertise and chip manufacturing equipment to the Quantum Scaling Alliance, enabling industrial manufacturing methods for quantum computers.
- University of WisconsinminorUniversity of Wisconsin contributes algorithms and benchmarks expertise to the Quantum Scaling Alliance, providing academic research capabilities.
- IonQcore1QBit and IonQ collaborated with Dow to demonstrate accurate simulation of larger molecules on IonQ's trapped-ion quantum computer. The collaboration achieved chemical accuracy on the largest molecular system ever simulated with such accuracy on a quantum computer.
- DowcoreDow collaborated with IonQ and 1QBit to demonstrate quantum simulation of molecules using problem decomposition techniques that reduced required qubits by factor of up to 10 while preserving accuracy.
- DARPA (US Defense Advanced Research Projects Agency)flagship1QBit has been invited to participate in DARPA's Quantum Benchmarking Initiative (QBI) program. The approach has been selected for the initial stage of QBI targeting utility-scale quantum computing. 1QBit conducts benchmarking studies evaluating impact of quantum hardware specifications on utility-scale quantum computing metrics.
- IBMcoreIBM logo displayed on 1QBit services page indicating partnership for quantum computing applications. 1QBit works with IBM quantum systems for quantum chemistry simulations and benchmarking.
- AccenturecoreAccenture logo displayed on 1QBit services page indicating partnership for quantum computing applications in professional services and consulting.
- NTT DataminorNTT Data logo displayed on 1QBit services page indicating partnership for quantum computing applications in information technology services.
- AllianzminorAllianz logo displayed on 1QBit services page indicating partnership for quantum computing applications in financial services and insurance.
- Government of CanadacoreGovernment of Canada logo displayed on 1QBit services page indicating partnership for quantum computing research and development. Canada has invested over CA$2 billion over two decades building its quantum industry.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
1QBit competitors and assessment
Company assessmentDirect peers
- Classiq Technologies: Classiq builds a hardware-agnostic quantum software platform for designing, compiling, and executing quantum algorithms. Like 1QBit, it focuses on architecture-aware compilation and high-level quantum software tooling for enterprise customers.
- QC Ware: QC Ware develops quantum and quantum-inspired software for finance, chemistry, and optimization. It overlaps directly with 1QBit's enterprise-focused algorithm design and benchmarking services across multiple hardware platforms.
- Zapata Computing: Zapata (now Zapata AI) built Orquestra, a quantum/quantum-inspired workflow and benchmarking platform. It competed directly with 1QBit in hardware-agnostic quantum software and enterprise benchmarking before pivoting toward industrial generative AI.
- QunaSys: QunaSys specializes in quantum chemistry algorithms and software (QURI Platform). It is comparable to 1QBit's problem-decomposition and MI-FNO work, and the two firms have already collaborated on resource estimation for the STAR architecture.
- Strangeworks: Strangeworks provides a quantum computing platform that aggregates hardware access, SDKs, and benchmarking tools. It is comparable to 1QBit's role as a hardware-agnostic software and services layer serving enterprise customers.
Emerging players
- Xanadu Quantum Technologies: Xanadu builds photonic quantum hardware along with the PennyLane software framework. Its software stack overlaps with 1QBit's, though Xanadu is vertically integrated into a specific hardware modality where 1QBit remains hardware-agnostic.
- Riverlane: Riverlane specializes in quantum error correction, a layer adjacent to 1QBit's compilation and resource estimation tools. The two firms are co-members of the Quantum Scaling Alliance and complementary rather than purely competitive.
- Quantum Machines: Quantum Machines provides control hardware and orchestration software (QUA) for quantum processors. It complements 1QBit's compilation work and is a co-member of the Quantum Scaling Alliance with overlapping enterprise customers.
Broad incumbents
- IBM Quantum: IBM bundles Qiskit and on-prem/cloud quantum systems as a vertically integrated stack. As a hardware incumbent, IBM competes with 1QBit on compiler/SDK breadth while also partnering with 1QBit on chemistry workloads.
- Microsoft Azure Quantum: Microsoft offers the Q# language and Azure Quantum cloud platform, integrating multiple quantum hardware vendors. It competes with 1QBit's hardware-agnostic positioning while operating at much greater scale as a hyperscale cloud incumbent.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
1QBit social profiles
Digital presence1QBit financial estimates
Financial estimateRevenue estimate
Valuation estimate
1QBit leadership team
Management profileNumber of profiles
Profiles5 records
1QBit funding detail
Funding detailFunding overview
Funding rounds6 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
1QBit 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 1QBit
What does 1QBit do?
1QBit develops hardware-agnostic quantum computing software tools and design frameworks, centered on its TopQAD (Topological Quantum Architecture Design) software suite, which provides HPC-accelerated simulation of fault-tolerant quantum computing protocols, architecture-aware compilation of utility-scale quantum algorithms, and automated quantum resource estimation. The company also offers a Quantum Development Kit (QDK) for evaluation and applies novel AI, optimization, and quantum-inspired methods to industry problems in finance, life sciences, advanced materials, and energy.
Is 1QBit a public or private company?
1QBit is a private company. It is classified as venture growth investor backed and is currently operating.
When was 1QBit founded?
1QBit was founded in 2012. It employs 51 to 100 people.
Where is 1QBit based?
1QBit is headquartered in Vancouver, Canada, in the North America region.
How does 1QBit make money?
One revenue line is on record: quantum Computing Software and Services.
Who are 1QBit's main competitors?
Direct peers on record are Classiq Technologies, QC Ware, Zapata Computing, QunaSys and Strangeworks. Emerging players are Xanadu Quantum Technologies, Riverlane and Quantum Machines. Broad incumbents are IBM Quantum and Microsoft Azure Quantum.
Does 1QBit have an API?
No public API is recorded for 1QBit.
What industry is 1QBit in?
1QBit's product category is Quantum Computing Software. Its primary akta.pro industry code is HDAGACAB, Quantum Development Frameworks & Libraries, with a secondary code of HDAGACAD, Quantum Circuit Design, Visualization & Workflow Tools. Its NAICS code is 541511 and its SIC code is 7371.