Quantexa, one of the British tech stars in Decision Intelligence (DI) solutions made headlines last week amid reports of an impending valuation boost. Now, it’s official! The London-based and one of the hottest tech companies has secured $175 million in Series F funding, pushing its valuation to $2.6 billion. The round was led by Teachers’ Venture Growth (TVG), part of the CAD 255 billion Ontario Teachers’ Pension Plan, with participation from existing investors, including British Patient Capital.
As part of the deal, TVG Managing Director Ara Yeromian will join Quantexa’s board, alongside representatives from Warburg Pincus, Dawn Capital, Evolution Equity Partners, AlbionVC, and HSBC.
The investment will be used to speed up platform innovation, grow the company’s presence in North America, and drive strategic M&A activity. With this, Quantexa aims to help enterprises and government agencies stay ahead in AI-driven decision-making and also fuel international expansion with new investors on board.
The funding follows Quantexa’s recent Centaur milestone, surpassing $100 million in annual recurring revenue (ARR). Prior to this, Quantexa raised a $129 million Series E completed on April 4, 2023, which valued the company at $1.8 billion, officially granting it unicorn status.
Further, the British unicorn announced a Microsoft partnership, launching an AI-powered workload for Microsoft Fabric and a cloud-native anti-money laundering (AML) solution for US mid-market banks via Azure Marketplace. Additionally, Quantexa is also expanding its Public Sector Business Unit to help government agencies deploy AI across critical use cases.
Founded in 2016 by Vishal Marria, with nearly 40% license revenue growth and 23 new customers in 2024, Quantexa’s DI platform is seeing rising demand across financial services, insurance, telecommunications, media, technology, and the public sector. Operating from 16 offices worldwide with over 800 employees, the company continues to scale its AI, data, and analytics solutions to drive intelligent decision-making.
AI-powered assistant
Furthermore, the company has announced Q Assist, an advanced AI-powered assistant designed to enhance and streamline analyst-led investigations.
According to Quantexa, Q Assist allows users to interact with the platform in natural language, making investigations more efficient by providing a queryable, contextual representation of business risks and opportunities. Analysts can ask Q Assist direct questions as part of their investigation process, enabling faster identification of potential risks and deeper business insights.
Avid Larizadeh Duggan, Senior Managing Director and Head of TVG in EMEA, said: “Businesses today need to build trusted data foundations to enable AI-enhanced decision making, to drive real world impact. Quantexa is revolutionising how they do this. At TVG, we invest in high-growth, game-changing companies, led by visionary leaders, making a global difference. Quantexa’s impressive track record, expanding customer base, and bold approach to data and AI innovation make it a natural fit for our portfolio. We’re excited to support Vishal, and his world-class team scale the company internationally, as they continue helping industry-leading organisations embrace AI-driven decision-making with confidence.”
Vishal Marria, Founder and CEO of Quantexa, said: “AI is a once-in-a-generation technology transforming industries, redefining operations, and creating entirely new processes. From day one, Quantexa has been at the forefront of this revolution, helping enterprises create trusted, curated data to unlock AI’s full potential. This latest investment reflects investors’ embracing our vision and committing to join our journey as we accelerate innovation, platform deployments, and amplify the value we deliver to clients and the broader ecosystem. With the continued support of our investors, now including TVG, we are poised to push the boundaries of AI by harnessing the power of trusted data, reinforcing our leadership in this rapidly evolving landscape.”