Quantexa Raises $175M in Series F Funding, Boosting UK AI FinTech Valuation to $2.6 Billion
Quantexa, a leading provider of AI-driven decision intelligence solutions, has successfully completed a remarkable $175 million Series F funding round. This investment marks a significant milestone in the company’s journey to enhance its data-driven decision-making capabilities.
Funding Round Highlights
The Series F funding round was spearheaded by Teachers’ Venture Growth (TVG), which is part of the Ontario Teachers’ Pension Plan. The round also saw continued support from established investors such as British Patient Capital. Other notable backers include:
- Warburg Pincus
- Dawn Capital
- BNY
- Evolution Equity Partners
- AlbionVC
- HSBC
This fresh capital injection values the London-based company at an impressive $2.6 billion.
About Quantexa
Founded in 2016, Quantexa specializes in decision intelligence technology that empowers both public and private sector organizations to make confident, data-driven operational decisions. The company’s platform leverages advanced AI to:
- Connect and unify vast amounts of siloed data
- Analyze customer intelligence
- Enhance risk management
- Detect financial crime and fraud
Quantexa’s innovative solutions are utilized across various sectors, including financial services, insurance, telecoms, media, technology, and the public sector.
Plans for the Future
The newly acquired funds will facilitate Quantexa’s innovation in platform development, allowing the company to accelerate the introduction of new AI-driven products, expand strategic partnerships, and enhance its presence in North America. Furthermore, Quantexa is looking into targeted mergers and acquisitions to bolster its capabilities.
Leadership and Vision
Ara Yeromian, managing director at TVG, is anticipated to join Quantexa’s board, pending regulatory approval. This funding comes shortly after Quantexa achieved ‘Centaur’ status, a significant milestone indicating the company has surpassed $100 million in annual recurring revenue.
In 2024, Quantexa reported nearly 40% growth in license revenue and welcomed 23 new clients, helping the company expand into new sectors, including insurance and telecoms.
CEO’s Perspective
Vishal Marria, founder and CEO of Quantexa, stated, “AI represents a transformative technology that is reshaping industries and redefining operations. From inception, Quantexa has led this revolution, enabling enterprises to leverage trusted data to unlock AI’s full potential.”
He further emphasized that this investment showcases investors’ confidence in Quantexa’s vision and their commitment to support the company in accelerating innovation, enhancing platform deployments, and maximizing value for clients and the wider ecosystem.
Investor Insights
Avid Larizadeh Duggan, senior managing director and head of EMEA at TVG, remarked, “Businesses must establish trusted data foundations to facilitate AI-enhanced decision-making that drives real-world impact. Quantexa is pioneering this transformation in data management.”
He expressed excitement about supporting Vishal and his exceptional team as they scale the company internationally while continuing to assist leading organizations in embracing AI-driven decision-making.
For more information about Quantexa and its innovative solutions, visit their official website at Quantexa.