1QB Information Technologies

OverviewSuggest Edit

1QB Information Technologies (1QBit) is a software company dedicated to producing commercial applications for quantum computers. It builds hardware-agnostic platforms and services aimed to solve industry problems in the areas of optimization, simulation, and machine learning.
HQVancouver, CA
Employee Ratings4.3

Latest Updates

Employees (est.) (Oct 2021)117(-3%)
Job Openings15
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Key People/Management at 1QB Information Technologies

Andrew Fursman

Andrew Fursman

CEO & Co-Founder
Landon Downs

Landon Downs

President & Co-Founder
Deepak Kaura

Deepak Kaura

Chief Medical Officer
Jaspreet Oberoi

Jaspreet Oberoi

Director Machine Learning and Quantum Inspired Solutions
Andrew Lee

Andrew Lee

Chief of Staff to the President
Karen Scanlan

Karen Scanlan

Director of People Operations, Support & Facilities
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1QB Information Technologies Office Locations

1QB Information Technologies has an office in Vancouver
Vancouver, CA (HQ)
1285 W Pender St #200
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1QB Information Technologies Financials and Metrics

Summary Metrics

Founding Date


1QB Information Technologies total Funding

$35.5 m

1QB Information Technologies latest funding size

$35.53 m

Time since last funding

4 years ago

1QB Information Technologies investors

1QB Information Technologies's latest funding round in November 2017 was reported to be $35.5 m. In total, 1QB Information Technologies has raised $35.5 m
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1QB Information Technologies Operating Metrics

Apr, 2021

Patents (US)




Types of Services

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1QB Information Technologies Online and Social Media Presence

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1QB Information Technologies News and Updates

1QBit and Saskatchewan Health Authority Announce xrAI Chest Radiography Tool Deployment with Unprecedented Health Canada Regulatory Approval

1QBi today announced the launch of 1QBit xrAI, a chest radiography AI tool that significantly improves the accuracy and timeliness of diagnosing lung abnormalities. The company’s first healthcare product received expedited Health Canada approval in just one week following its recently completed ext…

1QB Information Technologies Blogs

The Importance of Investing in People

Karen Scanlan is the Director of People Operations at 1QBit. While working as an editor for a legal publication, she became interested in the employment side of human rights, which led her to an HR consulting firm. There, she learned the importance of hiring the best talent and then keeping that tal…

Optimizing Logistics Using Quantum Computing

Transportation and delivery make up a significant portion of the cost of many products. As society’s demands become more complex and fast-paced, optimizing route logistics can result in huge savings for many companies. In recent years, researchers have been inspired by quantum computing to create be…

Looking Into the Future(s) With Options

When deciding to buy, sell, or hold a particular investment, it can be tempting to simply look at the spot price or volume data and go from there. For those not acquainted with these terms, the spot price of an asset is the current price in the marketplace at which it can be bought or sold for immed…

A Bit or Two About Qubits

Computing comes down to harnessing physics in different ways in order to process information. The difference between classical computing and quantum computing is in manipulating bits versus quantum bits, also called qubits. Much like bits, the two levels of a qubit are labelled by 0 and 1. Examples …

Inside the World of Artificial Intelligence & Machine Learning

Simon Verret is a scientist at 1QBit, solving some of the most challenging problems in machine learning. He first heard about 1QBit during an event organized by the Institut Quantique in Sherbrooke where he completed his Ph.D.

Visualizing Market Risk to Increase Return on Investment

Market risk is commonly modelled as a normal distribution of the expected returns for a financial instrument: The most likely outcome is at the peak, located in the middle of the distribution. The width of the curve on either side of the peak indicates the uncertainty or volatility of the market. La…
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1QB Information Technologies Frequently Asked Questions

  • When was 1QB Information Technologies founded?

    1QB Information Technologies was founded in 2012.

  • Who are 1QB Information Technologies key executives?

    1QB Information Technologies's key executives are Andrew Fursman, Landon Downs and Deepak Kaura.

  • How many employees does 1QB Information Technologies have?

    1QB Information Technologies has 117 employees.

  • Who are 1QB Information Technologies competitors?

    Competitors of 1QB Information Technologies include A Star Quantum, Cambridge Quantum Computing and QuintessenceLabs.

  • Where is 1QB Information Technologies headquarters?

    1QB Information Technologies headquarters is located at 1285 W Pender St #200, Vancouver.

  • Where are 1QB Information Technologies offices?

    1QB Information Technologies has an office in Vancouver.

  • How many offices does 1QB Information Technologies have?

    1QB Information Technologies has 1 office.