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1QBit

Full company profile

uuid0004o22

Namestring
1QBit
Legal namestring
1QB Information Technologies Inc.
Websiteurl
1qbit.com
Company typeenum
Private
Founded yearint
2012
Descriptiontext

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.

Short descriptiontext

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.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersVancouver, Canada
HQ citystring
Vancouver
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
quantum computing software, quantum algorithm design, quantum resource estimation, fault-tolerant quantum computing, quantum hardware benchmarking
Industry4 codes
1Quantum Development Frameworks & Libraries
CodeHDAGACABPrimaryYes
2Quantum Circuit Design, Visualization & Workflow Tools
CodeHDAGACADPrimaryNo
3Quantum Compilation Toolkits (Frontend SDK Layer)
CodeHDAGACAFPrimaryNo
4Managed Quantum Services & Operations (M-QOps)
CodeHDAGALALPrimaryNo
NAICS code3 codes
  • Custom Computer Programming Services541511
  • Software Publishers5132
  • Computer Systems Design and Related Services5415
SIC code2 codes
  • Services-Computer Programming Services7371
  • Services-Computer Integrated Systems Design7373
Product category
Quantum Computing Software
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Quantum Computing Software and Services
TypeSubscription Recurring
Description

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.

1qbit.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

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.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Qubit requirements reduced by factor of up to 10 for molecular simulations while preserving accuracy
+3 more records
Product overview1 text field

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.

Product and service2 records
1TopQAD (Topological Quantum Architecture Design) Software Suite
CategoryQuantum Computing Software
Description

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.

2Quantum Development Kit (QDK)
CategoryQuantum Development Tools
Description

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.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership17 partners
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-03-17
Description

1QBit 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.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-03-17
Description

HPE Quantum collaborated with 1QBit and QunaSys on STAR architecture research for quantum simulation of 2D Fermi-Hubbard model systems.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2025-11-11
Description

HPE 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.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-11-11
Description

Qolab 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.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-11-11
Description

Synopsys 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.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-11-11
Description

Quantum 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.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-11-11
Description

Riverlane contributes quantum error correction expertise to the Quantum Scaling Alliance. The company has raised $195M+ and specializes in error correction technologies for quantum computing.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-11-11
Description

Applied Materials provides semiconductor fabrication expertise and chip manufacturing equipment to the Quantum Scaling Alliance, enabling industrial manufacturing methods for quantum computers.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2025-11-11
Description

University of Wisconsin contributes algorithms and benchmarks expertise to the Quantum Scaling Alliance, providing academic research capabilities.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-01-08
Description

1QBit 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.

11Dow
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-01-08
Description

Dow 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.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2025-01-01
Description

1QBit 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.

13IBM
Strategic tierCoreTypeTechnology or Integration
Description

IBM logo displayed on 1QBit services page indicating partnership for quantum computing applications. 1QBit works with IBM quantum systems for quantum chemistry simulations and benchmarking.

Strategic tierCoreTypeImplementation/ SI/ Consulting Partner
Description

Accenture logo displayed on 1QBit services page indicating partnership for quantum computing applications in professional services and consulting.

Strategic tierMinorTypeImplementation/ SI/ Consulting Partner
Description

NTT Data logo displayed on 1QBit services page indicating partnership for quantum computing applications in information technology services.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Allianz logo displayed on 1QBit services page indicating partnership for quantum computing applications in financial services and insurance.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Government 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.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeEmerging player
Description

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.

TypeEmerging player
Description

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.

TypeEmerging player
Description

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.

TypeBroad incumbent
Description

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.

TypeBroad incumbent
Description

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

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds6 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors14 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

1QBit

Quantum Computing Software1qbit.com

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.

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

  • Quantum computing software
  • Quantum algorithm design
  • Quantum resource estimation
  • Fault-tolerant quantum computing
  • Quantum hardware benchmarking

Where 1QBit is headquartered

Location

Headquarters

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

  1. 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 offering

Core 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 profile

Named customers5 records

Segments6 records

Ideal customer profiles4 records

1QBit technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature7 records

1QBit partnerships and signals

Strategic signal

Partnerships

17 partnerships are on record, tiered minor, core and flagship.

  • QunaSys Inc.minorStrategic or Co-development Partner · 17 March 20261QBit 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 QuantumcoreTechnology or Integration · 17 March 2026HPE Quantum collaborated with 1QBit and QunaSys on STAR architecture research for quantum simulation of 2D Fermi-Hubbard model systems.
  • Hewlett Packard Enterprise (HPE)flagshipStrategic or Co-development Partner · 11 November 2025HPE 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.
  • QolabcoreTechnology or Integration · 11 November 2025Qolab 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.
  • SynopsyscoreTechnology or Integration · 11 November 2025Synopsys 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 MachinescoreStrategic or Co-development Partner · 11 November 2025Quantum 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.
  • RiverlanecoreTechnology or Integration · 11 November 2025Riverlane 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 MaterialscoreTechnology or Integration · 11 November 2025Applied Materials provides semiconductor fabrication expertise and chip manufacturing equipment to the Quantum Scaling Alliance, enabling industrial manufacturing methods for quantum computers.
  • University of WisconsinminorStrategic or Co-development Partner · 11 November 2025University of Wisconsin contributes algorithms and benchmarks expertise to the Quantum Scaling Alliance, providing academic research capabilities.
  • IonQcoreStrategic or Co-development Partner · 8 January 20251QBit 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.
  • DowcoreStrategic or Co-development Partner · 8 January 2025Dow 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)flagshipStrategic or Co-development Partner · 1 January 20251QBit 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.
  • IBMcoreTechnology or IntegrationIBM logo displayed on 1QBit services page indicating partnership for quantum computing applications. 1QBit works with IBM quantum systems for quantum chemistry simulations and benchmarking.
  • AccenturecoreImplementation/ SI/ Consulting PartnerAccenture logo displayed on 1QBit services page indicating partnership for quantum computing applications in professional services and consulting.
  • NTT DataminorImplementation/ SI/ Consulting PartnerNTT Data logo displayed on 1QBit services page indicating partnership for quantum computing applications in information technology services.
  • AllianzminorStrategic or Co-development PartnerAllianz logo displayed on 1QBit services page indicating partnership for quantum computing applications in financial services and insurance.
  • Government of CanadacoreStrategic or Co-development PartnerGovernment 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 assessment

Direct 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 presence

1QBit financial estimates

Financial estimate

Revenue estimate

Valuation estimate

1QBit leadership team

Management profile

Number of profiles

Profiles5 records

1QBit funding detail

Funding detail

Funding 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 investment

M&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.

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Quantum Zeitgeist99.99% Fidelity Achieved With Fluxonium Qubits, 1QBit ReportsResearchers at 1QBit have achieved 99.99% fidelity in single-qubit gates using fluxonium qubits and inductive coupling, representing a significant advancement in quantum computing reliability. The study identified leakage as the primary source of coherent errors for both capacitive and inductive coupling methods, providing a clear direction for future optimization of superconducting qubit technology. This development marks a crucial step toward building more scalable and reliable quantum processors.TechcouverInnovate BC Adds Four Leaders to BoardInnovate BC appointed four new board members—Andrew Fursman, Nancy Harrison, Dr. Ray Muzyka, and Christina Zacharuk—effective April 7, 2026, with terms through May 14, 2028. Jessie Adcock became chair, while Emilie de Rosenroll and Dr. Elicia Maine continued or concluded their roles. The appointments aim to support B.C. 's innovation economy.SeedtableExplore 69 Best Quantum Technology Startups to watch in 2025. Discover innovative companies, funding insights, and industry trends.The article lists six quantum technology startups to watch in 2025, providing details on their funding rounds, core technologies, and key personnel. It highlights Riverlane, Qnami, 1QBit, and Crypta Labs among others, noting their specific focus areas such as quantum simulation, sensing, software platforms, and encryption chips. The content serves as an industry overview of emerging players and investment trends in the quantum sector.Canada.caBackgrounder: Government of Canada supports growth and innovation in British Columbia’s quantum technology industryCanada's Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency, Harjit S. Sajjan, announced over $11 million in Regional Quantum Initiative funding to three British Columbia organizations. The recipients are 1QBit Information Technologies, Inc. ($3,488,806), Simon Fraser University ($4,300,000) and the University of British Columbia ($3,247,713), with projects covering quantum software, manufacturing infrastructure and the Stewart Blusson Quantum Matter Institute.MicrosoftAzure Quantum is now in Public PreviewMicrosoft has launched Azure Quantum into public preview, providing developers and researchers with cloud-based access to a full-stack ecosystem for quantum solutions. The platform integrates hardware capabilities from partners Honeywell Quantum Solutions and IonQ, alongside optimization solvers from Microsoft and 1QBit. This release marks a strategic expansion of the service following previous milestones in research center selections and partner additions.PR Newswire1QBit and Canadian health care providers team up to empower front-line clinicians with Health Canada's first approved AI tool for radiology in the fight against COVID-191QBit, alongside Canadian health authorities including the Saskatchewan Health Authority, Fraser Health Authority, and Vancouver Coastal Health Authority, has deployed XrAI, a machine learning tool for chest X-ray interpretation that received Health Canada's first Class III Medical Device certification for radiology AI. The deployment, funded by the Digital Technology Supercluster's COVID-19 Program with implementation support from Microsoft, spans hospitals and clinics in British Columbia, Saskatchewan, and Ontario to support front-line clinicians in detecting COVID-19 and other respiratory conditions. The tool was trained on 250,000 cases from over 500,000 anonymized radiograph images, and trans-national implementation is underway including First Nations, rural, and urban communities.SiliconANGLEIBM brings new startups into its quantum computing network - SiliconANGLEIBM announced it is welcoming seven startups into its IBM Q Network, a community for advancing quantum computing. The network provides access to cloud-based quantum resources, including the IBM Q System and QISKit software. The startups include Zapata Computing, 1QB Information Technologies, and Cambridge Quantum Computing.FinSMEs1QB Information Technologies Closes C$45M Series B Funding1QBit Information Technologies closed a C$45M Series B round led by Fujitsu, with participation from Accenture, Allianz, RBS, and CME Ventures. The Vancouver-based quantum software company will use the funds to expand its research and software development teams. It partners with Fortune 500 clients on optimization, simulation, and machine learning.GlobeNewswire1QBit Raises $45M Series B Round from Fujitsu, Accenture, and Allianz to Advance Industry Applications of Quantum Computing1QBit closed a C$45 million Series B round led by Fujitsu, with participation from Accenture, Allianz, RBS, and CME Ventures. The company will use the funds to expand its research and software development teams. It also announced a strategic alliance with Accenture to expand analytics capabilities using quantum computing.