Quantexa, a leader in Decision Intelligence (DI) solutions for the public and private sectors, announced that it has completed a $175 million Series F investment round led by Teachers’ Venture Growth (TVG). This latest funding round values the company at $2.6 billion. This milestone is driving 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 funding round was led by TVG, which is part of the C$255 billion international investor Ontario Teachers’ Pension Plan, with existing investors participating, including British Patient Capital. With 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 funding round, Quantexa will support its platform innovation efforts to elevate experiences for existing clients, create new partnerships and alliances, increase its presence in North America and pursue selected M&A opportunities. And TVG will utilize its expertise in successfully scaling high-growth AI and software companies and its extensive network to support Quantexa’s strategic international expansion and growth plans.
This Series F funding comes just months after Quantexa achieved Centaur status, joining an elite group of SaaS businesses recognized for surpassing $100 million in ARR.
As Quantexa works to solidify its leadership in the DI category further, the company is fast-tracking its Microsoft partnership, launching an AI-based workload for Microsoft Fabric and a cloud-native AML solution for U.S. mid-market banks via Azure Marketplace. Quantexa is also 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 validates the demand for its DI Platform, which helps 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 last year, Quantexa’s reach now extends beyond financial services, with revenue from insurance, TMTE, and the public sector. The company also has a growing global footprint of 16 offices and over 800 employees.
KEY QUOTES:
“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.”
– Avid Larizadeh Duggan, Senior Managing Director and Head of TVG in EMEA
“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.”
– Vishal Marria, Founder and CEO of Quantexa
