Unitary Fund
Unitary Fund (Unitary Foundation) is a 501(c)(3) non-profit that funds individual quantum technology projects worldwide via $4,000 microgrants, develops open-source quantum computing tools (mitiq, metriq, ucc, clifft), and hosts hackathons and Discord community events for the open-source quantum ecosystem.
- Company typePrivate
- Founded2018
- HeadquartersBerkeley, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Unitary Fund does
Unitary Fund, legally Unitary Foundation, is a 501(c)(3) non-profit organization founded in 2018 and headquartered in Berkeley, California, with a stated mission of building a quantum technology ecosystem that benefits the most people. Per the input data, the foundation operates three primary programs: a global microgrant program providing fixed $4,000 cash grants to individual quantum technology explorers (open source quantum software, education materials and workshops, quantum sensor prototypes) with no organizational affiliation required; an in-house research function maintaining four open-source quantum software projects — mitiq (error-mitigated quantum programming toolkit), metriq (community benchmark sharing platform), ucc (open-source quantum compiler collection), and clifft (fast exact simulator for near-Clifford quantum circuits); and a community function running hackathons via unitaryhack.dev and Discord-based events.
The foundation does not sell products or services in a conventional sense. Its revenue mechanics are a multi-tier corporate membership program (with IBM Quantum, Dora Hacks, Open Quantum Design, and NVIDIA as Core Members, and AWS, Classiq, Microsoft, Mozilla Foundation, Xanadu, and others as Supporting Members) and individual donations processed through PayPal, with granted funds disbursed to grant recipients. Its customer segments are individual quantum technology researchers and developers (grantees), with sponsor-side "customers" being corporate members across the quantum computing industry. Headcount is reported as 1-10; the operating footprint is global. Note: a firmographic description in the input characterizes the entity as "an e-commerce store specializing in organic products, t-shirts and sportswear," which is inconsistent with the dominant data set (open-source quantum tools, corporate memberships, microgrants) and appears to be a scrape artifact for a separate entity sharing the name.
Unitary Fund firmographics
Firmographics- Name
- Unitary Fund
- Legal name
- Unitary Foundation
- Website
- https://unitary.fund
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Unitary Fund (Unitary Foundation) is a 501(c)(3) non-profit that funds individual quantum technology projects worldwide via $4,000 microgrants, develops open-source quantum computing tools (mitiq, metriq, ucc, clifft), and hosts hackathons and Discord community events for the open-source quantum ecosystem.
- Ownership category
- akta.pro rank
Where Unitary Fund is headquartered
LocationHeadquarters
- HQ city
- Berkeley
- HQ country
- United States
- HQ region
- North America
Markets served
Unitary Fund business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Microgrants Program: Provides $4k cash grants to quantum tech projects including open source quantum software, education materials, workshops, and quantum sensor prototypes. Funded through donations and corporate membership program.
- Corporate Membership Program: Corporate sponsors (Core Members and Supporting Members) fund the foundation's operations and microgrant program in exchange for ecosystem engagement and association with the quantum computing community.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | One time | $4,000 cash grants for quantum technology projects |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Unitary Fund product offering
Product offeringCore offering
Unitary Fund is a non-profit foundation that supports the quantum computing ecosystem through three main activities: distributing $4,000 cash microgrants to individual quantum explorers, conducting research on quantum technologies, and fostering a global community. It develops and maintains open-source quantum computing software tools including mitiq (error mitigation), metriq (benchmarks), ucc (chemistry compiler), and clifft (characterization), and runs hackathons and Discord community events. The organization is sustained through a Corporate Membership Program featuring quantum industry leaders as Core and Supporting Members.
Product overview
Unitary Foundation operates as a non-profit organization running a microgrant program to fund quantum technology projects globally. The organization develops its own research products: mitiq (open-source toolkit for error-mitigated quantum programming), metriq (open community platform for quantum technology benchmarks), ucc (open-source quantum compiler collection), and clifft (open-source simulator for near-Clifford quantum circuits). Additionally, they host an open-source quantum tech community with hackathons and events.
Differentiator
Problem solved
Functional benefit
Brands
- mitiq: Open-source toolkit for error-mitigated quantum programming
- metriq
- ucc
- clifft
- unitaryhack
Products and services
- Microgrant Program
Companies that use Unitary Fund
Customer profileSegments1 record
Ideal customer profiles2 records
Unitary Fund technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Unitary Fund partnerships and signals
Strategic signalPartnerships
22 partnerships are on record, tiered core and minor.
- IBM QuantumcoreCore member supporting Unitary Foundation's mission. IBM Quantum provides support enabling continued growth of the quantum computing ecosystem and helping quantum developers from diverse backgrounds.
- Dora HackscoreCore member of Unitary Foundation's corporate membership program, supporting hackathons and quantum technology ecosystem development.
- Open Quantum DesigncoreCore member of Unitary Foundation supporting open quantum design initiatives and ecosystem development.
- NVIDIAcoreCore member providing support for quantum computing ecosystem development. NVIDIA provides quantum computing solutions.
- AWSminorSupporting member offering Amazon Braket quantum computing services, supporting the quantum ecosystem.
- MicrosoftminorSupporting member supporting quantum technology ecosystem growth.
- XanaduminorSupporting member. Xanadu's CTO Nathan Killoran states 'Open-source software will be critical for an emerging technology like quantum computing, and Unitary Foundation is a torchbearer in the field.'
- ClassiqminorSupporting member of Unitary Foundation's corporate membership program.
- Mozilla FoundationminorSupporting member of Unitary Foundation's corporate membership program, supporting open-source quantum ecosystem.
- OrangeQSminorSupporting member of Unitary Foundation's corporate membership program.
- QC WareminorSupporting member of Unitary Foundation's corporate membership program.
- Quantum MachinesminorSupporting member of Unitary Foundation's corporate membership program.
- RiverlaneminorSupporting member of Unitary Foundation's corporate membership program.
- SandboxAQminorSupporting member of Unitary Foundation's corporate membership program.
- AccentureminorCorporate supporter of Unitary Foundation's quantum technology ecosystem initiatives.
- IonQminorCorporate supporter of Unitary Foundation's quantum technology ecosystem.
- RigettiminorCorporate supporter of Unitary Foundation's quantum technology ecosystem.
- Alphabet X (Google X)minorCorporate supporter of Unitary Foundation's quantum technology ecosystem.
- Atom ComputingminorCorporate supporter of Unitary Foundation's quantum technology ecosystem.
- Cambridge Quantum ComputingminorCorporate supporter of Unitary Foundation's quantum technology ecosystem.
- Q-CTRLminorCorporate supporter of Unitary Foundation's quantum technology ecosystem.
- StrangeworksminorCorporate supporter of Unitary Foundation's quantum technology ecosystem.
Scale indicators2 records
Recent moves4 records
Expansion highlights4 records
Unitary Fund competitors and assessment
Company assessmentBroad incumbents
- Apache Software Foundation: Foundational open-source foundation stewarding hundreds of projects and communities via a vendor-neutral non-profit model. Similar governance and community-support pattern to Unitary Foundation.
- Linux Foundation: Largest open-source foundation, hosting sub-foundations like LF AI & Data and supporting countless projects. Analogous model to Unitary Foundation at vastly larger scale across multiple technology verticals.
- Cloud Native Computing Foundation (CNCF): Sub-foundation of the Linux Foundation focused on cloud-native open-source projects. Useful comparable for how a vendor-neutral body sustains a fast-growing ecosystem through corporate membership.
- Eclipse Foundation: Non-profit supporting working groups and open-source projects across enterprise software, with a corporate membership program comparable to Unitary Foundation's.
- Python Software Foundation: Non-profit behind the Python language and ecosystem, running grants, community events, and stewardship via corporate sponsors. Comparable structural model to Unitary Foundation's.
Direct peers
- QED-C (Quantum Economic Development Consortium): Industry-driven consortium advancing quantum technologies with a broad membership of companies, governments, and academia. Comparable as a multi-stakeholder quantum coordination body.
- Quantum Open Source Foundation (QOSF): Volunteer-driven open-source foundation dedicated to quantum computing software and community building. Most directly comparable to Unitary Foundation given shared mission around open quantum tooling and ecosystem coordination.
- NumFOCUS: 501(c)(3) non-profit that supports open-source scientific computing projects and communities (NumPy, Jupyter, pandas). Closely matches Unitary Foundation's model of stewarding open-source research tools via a lean non-profit.
Others
- Alfred P. Sloan Foundation: Major science philanthropy that funds research programs and emerging scientific infrastructure. Relevant comparable for a foundation sustaining research-oriented ecosystems via grant programs.
- Chan Zuckerberg Initiative (Science): Large philanthropic effort that funds open-source scientific tooling (Essential Open Source Software for Science). Comparable in deploying grant capital to sustain open research infrastructure.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key highlights6 records
Customer concentration
Unitary Fund social profiles
Digital presenceUnitary Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
Unitary Fund leadership team
Management profileNumber of profiles
Profiles6 records
Unitary Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Unitary Fund M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Unitary Fund
What does Unitary Fund do?
Unitary Fund is a non-profit foundation that supports the quantum computing ecosystem through three main activities: distributing $4,000 cash microgrants to individual quantum explorers, conducting research on quantum technologies, and fostering a global community. It develops and maintains open-source quantum computing software tools including mitiq (error mitigation), metriq (benchmarks), ucc (chemistry compiler), and clifft (characterization), and runs hackathons and Discord community events. The organization is sustained through a Corporate Membership Program featuring quantum industry leaders as Core and Supporting Members.
Is Unitary Fund a public or private company?
Unitary Fund is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Unitary Fund founded?
Unitary Fund was founded in 2018. It employs 1 to 10 people.
Where is Unitary Fund based?
Unitary Fund is headquartered in Berkeley, United States, in the North America region.
How does Unitary Fund make money?
Two revenue lines are on record. Microgrants Program is the primary driver. The others are corporate Membership Program.
Who are Unitary Fund's main competitors?
Broad incumbents on record are Apache Software Foundation, Linux Foundation, Cloud Native Computing Foundation (CNCF), Eclipse Foundation and Python Software Foundation. Direct peers are QED-C (Quantum Economic Development Consortium), Quantum Open Source Foundation (QOSF) and NumFOCUS. Others are Alfred P. Sloan Foundation and Chan Zuckerberg Initiative (Science).
Does Unitary Fund have an API?
No public API is recorded for Unitary Fund.