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1QBit

Founded 2012 · 50 employees on LinkedIn · 3 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

Founders & leadership

1QBit was founded in 2012 by Andrew Fursman.

AFAndrew Fursman
Andrew FursmanFounderFounder at 1QB Information Tech/Irreversible

Investors · 3

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

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

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 Gen Capital, Innovative Solutions Canada, SCB 10X.