1QBit builds software and design tools aimed at utility-scale quantum computation and hard computational problems.

1QBit was founded by Andrew Fursman in 2012.

Who are 1QBit's investors?

1QBit's investors include Allianz X, Gen Capital, Green Sands Equity, Innovative Solutions Canada, SCB 10X, Fluxus Ventures.

1QBit

Founded 2012 · 50 employees on LinkedIn · 6 known investors

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1QBit develops computational tools that enable organizations to reimagine and solve complex, previously intractable problems across industries. The company creates next-generation software to help businesses discover new solutions to existing challenges.

Also known as 1QB Information Technologies · 1QBit

Deep Tech Enterprise Software Quantum Computing

Founders & leadership

1QBit was founded in 2012 by Andrew Fursman.

Andrew Fursman FounderHe co-founded the satellite imaging company Satellogic in 2010 and founded Synthesis Health in 2021, and has served as chairperson of the board at Irréversible Inc. since 2024. He has also taught as faculty at Singularity University and worked as a consultant through Fursman Activities Corporation.

Sarah CairnsShe joined 1QBit in 2019 as financial controller and became director of finance in 2020 before moving into the CFO role in 2024. Earlier, she managed financial reporting at Zymeworks Inc. and spent six years in PwC's assurance practice, following roles at Central 1 Credit Union.

Investors · 6

Allianz Xlisted by Allianz XMunich

How we know: Allianz X's portfolio page · Not right? Tell us

Gen Capitallisted by Gen CapitalChicagovia J Cheng · inferred

How we know: Gen Capital's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Green Sands Equitylisted by Green Sands EquitySan Francisco

How we know: Green Sands Equity's portfolio page · Not right? Tell us

Innovative Solutions Canadalisted by Innovative Solutions CanadaOttawa · $2M

SCB 10Xlisted by SCB 10XBangkok

How we know: SCB 10X's portfolio page · Not right? Tell us

Fluxus Venturesreported

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Company profile

researched Aug 2026

1QBit (1QB Information Technologies) develops computational software intended to make previously intractable problems tractable. Its current public positioning centers on "automated quantum design" — design tools for utility-scale quantum computation — alongside a broader theme of applying next-generation computational tools to long-standing problems.

The company frames its work around the idea that the tools available to practitioners shape how problems are understood, and that revisiting established problems with newer computational methods can surface better solutions and new opportunities.

Latest developments

1QBit states it has been invited to participate in DARPA's Quantum Benchmarking Initiative (QBI) program, working with collaborators on guiding quantum computing toward utility-scale compute.

▸Full profile — technology

Technology

The company's publicly described technology consists of automated quantum design tooling: software design tools directed at achieving utility-scale quantum computation.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Related companies · 2

QuandelaQuandela develops hardware, middleware, and software for full-stack photonic quantum computing systems designed for industrial applications in energy, cybersecurity, and finance. The company offers modular, scalable, and energy-efficient quantum computers accessible via cloud and on-premise deployment.

QuEra ComputingQuEra develops neutral-atom quantum computers, building both the quantum hardware and the classical control systems that operate them, along with related software and applications. It serves enterprise customers, high-performance computing centers, and government agencies worldwide, including deployments in Japan's national quantum program.

Companies working in the same space as 1QBit.

Timeline · 1

launches, deals, and filings

Jan 2025

Invited to participate in DARPA's Quantum Benchmarking Initiative (QBI)

1QBit announced it was invited to take part in DARPA's QBI program, working with collaborators to advance quantum computing toward utility-scale compute.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 1

primary sources listed

1QB Information Tech/Irreversible1qbit.com · web

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does 1QBit do?: 1QBit builds software and design tools aimed at utility-scale quantum computation and hard computational problems.
Who founded 1QBit?: 1QBit was founded by Andrew Fursman in 2012.
Who are 1QBit's investors?: 1QBit's investors include Allianz X, Gen Capital, Green Sands Equity, Innovative Solutions Canada, SCB 10X, Fluxus Ventures.