Quantexa, a global provider of AI-driven decision intelligence solutions, has successfully closed a $175m Series F funding round.

The funding round was led by Teachers’ Venture Growth (TVG), part of the Ontario Teachers’ Pension Plan, with ongoing support from existing investors such as British Patient Capital.

Other backers in Quantexa include Warburg Pincus, Dawn Capital, BNY, Evolution Equity Partners, AlbionVC, and HSBC.

The fresh investment values the London-based company at $2.6bn.

Founded in 2016, Quantexa specialises in decision intelligence technology, which helps both public and private sector organisations make data-driven operational decisions with greater confidence. Its platform applies advanced AI to connect, unify, and analyse vast amounts of siloed data, providing insights into customer intelligence, risk management, financial crime, and fraud detection. The company’s solutions are used across financial services, insurance, telecoms, media, technology, and the public sector.

The newly raised capital will support Quantexa’s platform innovation, accelerating the development of new AI-powered products, expanding strategic partnerships, and boosting its footprint in North America.

The company also plans to pursue selected mergers and acquisitions to strengthen its capabilities.

Following the funding, Ara Yeromian, managing director at TVG, is expected to join Quantexa’s board, subject to regulatory approval.

The Series F funding arrives shortly after Quantexa achieved ‘Centaur’ status, a milestone reserved for SaaS firms surpassing $100m in annual recurring revenue.

The company’s strong performance in 2024 saw nearly 40% growth in licence revenue and the addition of 23 new clients, helping to expand its footprint into new sectors, including insurance and telecoms.

Quantexa founder and CEO Vishal Marria 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,