Quantexa, a provider of “Decision Intelligence” (DI) solutions for the public and private sectors, announced it has completed a $175 million Series F investment round, led by Teachers’ Venture Growth (TVG), part of the Ontario Teachers’ Pension Plan Board.
The latest round values the London-based tech company at $2.6 billion. The firm said this milestone “is fueling Quantexa’s progress against its mission to help enterprises and government agencies across multiple markets stay ahead in the race for AI-driven DI.”
The round was led by TVG with existing investors participating, including British Patient Capital.
As part of this funding, TVG MD Ara Yeromian will join Quantexa’s board, which includes representation from existing investors Warburg Pincus, Dawn Capital, BNY, Evolution Equity Partners, AlbionVC, and HSBC.
Quantexa has 16 offices worldwide and more than 800 employees.
“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,” said Quantexa.
“TVG will leverage its expertise in successfully scaling high-growth AI and software companies, along with its extensive network, to support Quantexa’s strategic international expansion and growth plans.
“This Series F investment comes just months after Quantexa achieved Centaur status, joining an elite group of SaaS businesses recognized for surpassing USD 100 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 revolutionizing 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 organizations embrace AI-driven decision-making with confidence …
“Quantexa’s rapid growth underscores the demand for its DI Platform, helping enterprises and government agencies scale AI and data initiatives with greater speed and success.
“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.”
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.”