Quantexa is a global analytics software company that enables institutions to make better decisions using their data. The company offers an innovative approach with the latest data and analytics technology to help organizations identify and connect the relationships that matter the most to empower better operational decisions.
The company has completed a $129 million Series E funding round with a $1.8 billion valuation. The new round was led by GIC and includes Warburg Pincus, Dawn Capital, British Patient Capital, Evolution Equity Partners, HSBC, BNY Mellon, ABN AMRO, and AlbionVC. Quantexa intends to use the fresh funding to expand its global presence and hire more engineering staff. Moreover, the firm plans to boost its tech innovation efforts, improve its platform capabilities and accelerate its joint go-to-market efforts with its partners.
Quantexa, London, England, United Kingdom, was founded in 2016 by Imam Hoque and Vishal Marria. “After closing our Series D investment round, Quantexa has been on a transformational journey, accelerating the growth of our global software business and firmly establishing our leadership position in the emerging Decision Intelligence category. In a challenging market, we have doubled our ARR, our user base, and continue to penetrate new markets and industries. This infusion of capital will fuel further innovation, diversification, and expansion, and opens exciting options for our future”, says Vishal Marria, co-founder & CEO of Quantexa.