Quantexa raises €163 million to use AI to unify siloed data

London-based Quantexa, an innovator in Decision Intelligence (DI) solutions for the public and private sectors, announced today that it has completed a €163.3 million Series F investment round.

The round was led by TVG, which is part of the €165.4 billion international investor Ontario Teachers’ Pension Plan, with existing investors participating, including British Patient Capital.

This latest funding round values the company at €2.4 billion and will fuel Quantexa’s mission to help enterprises and government agencies stay ahead in the race for AI-driven DI.

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.”

Founded in 2016, Quantexa is a global AI, data and analytics software company pioneering DI to empower organisations to make trusted operational decisions with data in context. Using the latest advancements in AI, Quantexa’s DI platform helps uncover hidden risk and new opportunities by unifying siloed data and turning it into a trusted, reusable resource.

It solves major challenges across data management, customer intelligence, KYC, financial crime, risk, fraud, and security, throughout the customer lifecycle.

The Quantexa DI Platform reportedly enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. An independently commissioned Forrester TEI study on Quantexa’s Decision Intelligence Platform found that customers saw a three-year 228% ROI.

Following this investment round, Quantexa will bolster its platform innovation efforts to elevate experiences for existing clients, create new partnerships and alliances, deepen its presence in North America and pursue selected M&A opportunities.

This Series F investment comes just months after Quantexa achieved Centaur status, joining a group of SaaS businesses recognised for surpassing €93.3 million in ARR.

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.”

As Quantexa works to further cement its leadership in the DI category, the company is fast-tracking its Microsoft partnership, launching an AI-powered workload for Microsoft Fabric and a cloud-native AML solution for U.S. mid-market banks via Azure Marketplace.

Additionally, Quantexa is expanding its Public Sector Business Unit, doubling down on growing global demand, helping government agencies use structured and unstructured data to safely deploy AI across a range of uses cases.

With nearly 40% license revenue growth and 23 new customers added in 2024, Quantexa’s reach now extends beyond financial services, with revenue from insurance, TMTE, and the public sector. The company has a growing global footprint of 16 offices and more than 800 employees.

As part of this funding, Ara Yeromian, Managing Director at TVG, will join Quantexa’s board (subject to regulatory approval), which includes representation from existing investors (Warburg Pincus, Dawn Capital, BNY, Evolution Equity Partners, AlbionVC, and HSBC).

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