London-based Quantexa, a leader in AI-powered data analytics and fraud detection, has raised $175 million in Series F funding, pushing its valuation to $2.6 billion.
The round was led by Teachers’ Venture Growth (TVG), a division of the Ontario Teachers’ Pension Plan, with participation from British Patient Capital.
Expanding AI-Powered Data Insights
Initially built for anti-money laundering (AML) and fraud detection, Quantexa’s platform is now being deployed across industries to:
- Unify and analyze unstructured enterprise data for AI-driven insights.
- Enhance fraud detection and compliance monitoring for financial institutions.
- Optimize data curation for AI applications in government and corporate sectors.
CEO Vishal Marria emphasized Quantexa’s evolving role:
“To make AI work, businesses need to trust and curate their data. That’s what we specialize in.”
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Accelerating AI Adoption & Enterprise Partnerships
With this new funding, the company is:
- Strengthening its partnership with Microsoft, integrating AI-powered analytics into Microsoft Fabric.
- Developing an AML solution for mid-market U.S. banks, available via Microsoft Azure Marketplace.
- Expanding its AI-driven enterprise offerings to support public sector agencies managing structured and unstructured data.
Strong Growth & Market Expansion
- 40% YoY growth in licensing revenue.
- Presence in 16 global offices, with 800+ employees.
- Enterprise customers include HSBC, Vodafone, Accenture, and the UK government.
TVG’s Avid Larizadeh Duggan praised Marria’s leadership:
“Selling into regulated industries is tough, but Quantexa’s execution and AI-first approach set it apart.”
With $550M raised to date, Quantexa is cementing itself as a leader in AI-driven data intelligence, helping businesses unlock trusted, scalable AI applications.
