Quantexa, a global leader in Decision Intelligence (“DI”) solutions for the public and private sectors, announced today that it has completed a £135m Series F investment round, led by Teachers’ Venture Growth (“TVG”).
The latest round values the British tech company at £2bn and 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, which is part of the CAD 255bn international investor Ontario Teachers’ Pension Plan, with existing investors participating, including British Patient Capital. As part of this funding, Ara Yeromian, Managing Director at TVG, will join Quantexa’s board, which includes representation from existing investors (Warburg Pincus, Dawn Capital, BNY, Evolution Equity Partners, AlbionVC, and HSBC).
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. 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 recognised for surpassing £77m in ARR.
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 US 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 use cases.
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. The company has a growing global footprint of 16 offices and more than 800 employees.