British tech unicorn Quantexa hits $2.6B valuation with latest funding round

British technology firm Quantexa has secured  $175 million in Series F funding. Led by Teachers’ Venture Growth (TVG), the investment arm of the Ontario Teachers’ Pension Plan, the funding pushes Quantexa’s valuation to an impressive $2.6 billion.

Decision Intelligence (DI) is an emerging field that merges AI, data science, and decision theory to enhance organizational decision-making.

In today’s fast-paced digital economy, businesses must sift through massive datasets to identify risks, spot opportunities, and make informed strategic moves.

DI tools, like those developed by Quantexa, use AI to provide a structured, contextual view of information, making data-driven decisions faster, more accurate, and scalable.

Quantexa, founded in 2016 by Vishal Marria, has rapidly become a leader in DI solutions. With over 800 employees and 16 offices worldwide, the company serves industries such as financial services, insurance, technology, telecommunications, and the public sector.

Its platform connects internal and external data sources, helping businesses and government agencies combat fraud, mitigate risks, and streamline operations.

The Series F funding, announced on March 5, 2025, comes on the heels of Quantexa’s previous $129 million Series E round in April 2023, which had valued the company at $1.8 billion.

The latest investment round was led by TVG, with participation from existing investors, including British Patient Capital, Warburg Pincus, Dawn Capital, Evolution Equity Partners, AlbionVC, and HSBC.

One of the most notable developments from this round is the appointment of Ara Yeromian, Managing Director at TVG, to Quantexa’s board.

This move is expected to bring strategic insights and growth opportunities as the company continues its global expansion. The funding will be used to drive AI innovation, strengthen Quantexa’s presence in North America, and pursue strategic acquisitions.

The company recently surpassed $100 million in annual recurring revenue (ARR), a key indicator of financial health in the software industry.

In 2024 alone, Quantexa recorded nearly 40% license revenue growth and added 23 new customers, demonstrating strong market demand for its DI solutions.

A major contributor to this growth has been Quantexa’s recent product innovations. The company launched Q Assist, an AI-powered tool designed to streamline analyst-led investigations through natural language interactions.

Additionally, its partnership with Microsoft has strengthened its presence in financial crime prevention, particularly with cloud-based anti-money laundering (AML) solutions available through Microsoft Azure Marketplace.

Key industry figures have responded positively to Quantexa’s latest funding round. Avid Larizadeh Duggan, Senior Managing Director at TVG, remarked:

“Businesses today need to build trusted data foundations to enable AI-enhanced decision-making and drive real-world impact. Quantexa is revolutionizing how they do this. We’re excited to support Vishal and his world-class team as they scale the company internationally.”

Quantexa’s CEO and Founder, Vishal Marria, emphasized the transformative potential of AI:

“AI is a once-in-a-generation technology reshaping industries and redefining operations. From day one, Quantexa has been at the forefront of this revolution, helping organizations unlock AI’s full potential with trusted, curated data. With TVG’s support, we are poised to push the boundaries of AI and reinforce our leadership in this rapidly evolving landscape.”

With fresh funding in hand, Quantexa is well-positioned to expand its reach and refine its AI-driven DI platform. The company’s immediate priorities include:

Further developing AI-powered tools for investigative analytics, fraud detection, and regulatory compliance.

Strengthening its footprint in the U.S. and Canada, where demand for AI-driven decision intelligence is growing rapidly.

Exploring potential mergers and acquisitions to enhance its technology stack and broaden its service offerings.

Despite its strong momentum, Quantexa faces challenges, including data privacy concerns, ethical AI implementation, and competition from other DI-focused firms such as Aera Technology and Cognyte.

As the market for AI-driven decision intelligence expands, Quantexa must continue to innovate and ensure regulatory compliance to maintain its competitive edge.