Latest news with #Quantexa
Forbes
4 days ago
- Business
- Forbes
As VC Investment Rises Is The U.K. A Good Place To Scale?
Quantexa founder Vishal Marria says British money is hard to raise beyond B and C rounds As far as raising VC capital is concerned, the U.K. prides itself on being a good place to start a business. However, questions remain over the ecosystem's ability to support companies as they scale. According to figures published this month by the British Venture Capital Association, investment across 2024 totalled £9 billion, representing a rise of 12.5% from the previous year. And with the same report noting an increase in the number of venture funds raising capital to support their investment strategies, it seems likely the upward trend in investment will continue. That's fine as far as it goes, but successive surveys have pointed to a shortage of capital from local funds once larger sums of money are required - usually beyond the B and C stages. This is the point when international investors with deep pockets tend to step in. As the BVCA pointed out in a separate report, increasing investment by overseas funds has been a factor in British startups moving their headquarters to other jurisdictions - notably the U.S. - as they begin to scale. This is a matter of some concern to policymakers who want to keep cutting-edge technology firms headquartered in the U.K.. More fundamentally, while there is plenty of capital available to support megarounds and unicorns, many scaling businesses struggle to find the necessary capital. So, what are the realities of raising growth finance in the U.K.? Earlier this week, I spoke to Vishal Marria, founder and CEO of Quantexa, a company that provides AI-driven decision-making technology to a range of public and private sector clients. In March, Quantexa completed a Series F round, securing $175 million in a deal led by Teachers' Venture Growth, a division of the Ontario Teachers' Pension Plan (OTTP) investment fund. The investment values the company at $2.6 billion. First the good news. As Quantexa has demonstrated, there is money available. 'If you are a great company you can attract capital and investment,' says Marria. However, as he acknowledges, scaling a U.K. technology company will almost certainly require overseas finance. 'Getting British money is very difficult after stages B and C,' he says. 'If you look at my cap table, Series D was led by Warburg Pincus, a US private equity company, Series E was led by GIC of Singapore and Series F was led by OTTP.' Quantexa's SaaS platform uses a combination of big data, analytics and AI to enable customers to make better decisions. That could mean helping a bank to detect money laundering or working with government departments to uncover fraud using a mixture of internal and external contextual data. For instance, the company has worked with the U.K. government's Cabinet Office to pursue criminals who took advantage of a 'bounceback' loan scheme introduced to support businesses during the COVID pandemic. With revenues of $100 billion, Quantexa has established itself as a global player in this field, with customers in Europe, the APAC region and North America. This, combined with rapid growth, has enabled Quantexa to attract investors, but Marria acknowledges, a relative shortfall in domestically originated funding does have potential consequences. 'There is a playbook that says, Dear Founder, you have to move to the US to complete your journey and IPO,' he says. So there is, he says, work to be done to improve the flow of domestic funding. The great hope in this regard is that planned reforms that will allow pension funds to invest in startups and scaleups. 'It is really important to unlock pension fund money and we need to do more of that,' says Marria. And there has been some progress on that front. This week, the government published plans to create £25bn pension scheme megafunds, which will be required to invest more in the domestic economy, with scaleups and infrastructure projects among the beneficiaries. Announcing the reforms Finance Minister Rachel reeves promised 'Billions more invested in clean energy and high-growth businesses.' Beyond questions of finance, Marria stresses that being headquartered in the U.K. has a number of benefits, not least in terms of geography and time zones. 'We are in the centre of Asia and the US. I can start my day with a 6.30 call in Asia, followed by UK client calls and finish the day with calls to the U.S.," he says. For companies working in the AI and data space, the U.K. potentially has some other important advantages. Later this year, the UK government will be publishing its industrial strategy, which is expected to focus on key technology sectors, such as AI, quantum and bioscience. With a huge amount of data at its disposal and a clear requirement to deliver better services without necessarily raising overall spending and taxation levels, the government itself is likely to be an important customer for AI and advanced data services. Clearly, there will be opportunities for startups. However, Marria stresses that not everyone will benefit. 'The government has a substantial view of data, and has a number of use cases for putting that data to work. You have innovative companies who can help solve the problems,' he says. 'However, because of the sensitivities of the data, the public sector has onboarding and security controls and it cannot work with all of the companies.' In Marria's view, the U.K. is a good place to scale a business, with funding available for companies that can demonstrate growth and revenue potential. Nevertheless, more domestic funding is required. I
Bahrain News Gazette
20-03-2025
- Business
- Bahrain News Gazette
Quantexa Secures Top Ten Spot in Chartis' 2025 Financial Crime and Compliance 50 Rankings
Quantexa lands category leader positions in Entity Management, Data Enrichment, and Augmented Analytics LONDON, March 20, 2025 (GLOBE NEWSWIRE) — Quantexa , a global leader in Decision Intelligence (DI) solutions for the public and private sectors, has been recognized as one of the top 10 vendors in the prestigious Chartis Financial Crime and Compliance 50 (FCC50) report . Securing 7th place overall, Quantexa continues to solidify its position as a key player in the growing Financial Crime and Compliance market segment. Quantexa's AI-powered solutions also received category leadership awards for data enrichment, entity management augmented analytics, as well as receiving an award for vertical and segment excellence in Capital Markets. This recognition comes at an important time for Quantexa, as the company continues to build momentum off the recently completed a $175 million Series F investment round, valuing the British tech company at a total valuation of $2.6 billion. In recent weeks, Quantexa made two major announcements further extending the innovation and capabilities they are offering to tier 1, mid-size, and community banks with: Q Assist : A context-aware generative AI solution suite designed to democratize access to trusted data, augment decision-making, and provide real-time insights to front-line teams, which will be available for Early Access in April 2025. and Quantexa Cloud : A comprehensive suite of native SaaS industry solutions, launching with Quantexa Cloud AML on Microsoft Azure , now available for Customer Preview . This innovative solution, developed in close collaboration with community and mid-size banks in the US, streamlines and modernizes anti-money laundering workflows for faster time to value and strengthened compliance. Quantexa's rapid growth underscores the demand for its DI Platform, helping enterprises and government agencies scale AI and data initiatives with greater speed and success. Clients select Quantexa's Decision Intelligence platform to ensure they can build a unified and trusted data foundation to operationalize AI-enabled decisioning for better outcomes across their KYC, AML, fraud, and customer intelligence efforts. This year's Chartis report evaluates the top 50 vendors in financial crime and compliance technology, focusing on their ability to innovate in areas like fraud detection, sanctions screening, and KYC compliance. Chartis assess the top vendors regarding their general market influence, technological innovation, breath of clients, USP, and functionality. Quantexa's high rankings in both core technology and innovation further highlight the company's industry-leading approach to tackling financial crime. These strengths are built on its ability to provide financial institutions with critical contextual intelligence, enabling them to stay ahead of emerging threats in an increasingly complex regulatory environment. Alexon Bell, Chief Product Officer (FinCrime) at Quantexa, said: 'We are incredibly proud to once again be recognized as a leader in the financial crime and compliance technology space by Chartis. At Quantexa, we are committed to helping our banking customers break down data and organizational silos to deploy trusted AI from the back to the front office to better understand customer behaviors, mitigate financial crime risk, and fight fraud with efficiency and effectiveness.' Commenting on the report, Nick Vitchev, Research Director at Chartis, said : ' Quantexa's continued recognition in the Chartis Financial Crime and Compliance 50 ranking reflects its strong leadership in the financial crime risk management landscape. Its leading position in key areas such as data enrichment, entity management, and augmented analytics demonstrates a commitment to innovation and delivering high-value solutions to financial institutions. With financial crime threats becoming increasingly sophisticated, Quantexa's ability to unify data and enhance contextual decision-making is a significant differentiator in the market. ' To find out more about Quantexa's banking industry solutions, please visit: About Quantexa Quantexa is a global AI, data and analytics software company pioneering Decision Intelligence to empower organizations to make trusted operational decisions with data in context. Using the latest advancements in AI, Quantexa's Decision Intelligence platform helps organizations uncover hidden risk and new opportunities by unifying siloed data and turning it into the most trusted, reusable resource. It solves major challenges across data management, customer intelligence, KYC, financial crime, risk, fraud, and security, throughout the customer lifecycle. The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. An independently commissioned Forrester TEI study on Quantexa's Decision Intelligence Platform found that customers saw a three-year 228% ROI. Founded in 2016, Quantexa now has over 800 employees and thousands of platform users working with billions of transactions and data points across the world. For more information visit or follow us on LinkedIn . Media Inquiries C: Stephanie Crisp, Director and Growth Tech Lead, Fight or Flight E: [email protected] C: Adam Jaffe, SVP of Corporate Marketing T: +1 609 502 6889 E: [email protected] – or – [email protected] GlobeNewswire Distribution ID 1001054834
Yahoo
07-03-2025
- Business
- Yahoo
Quantexa wraps up $175m Series F investment round
Quantexa, a UK-based AI, data, and analytics software company, has completed its $175m (£136.5m) Series F investment round. The round was led by Teachers' Venture Growth (TVG), part of the Ontario Teachers' Pension Plan. Existing investors, including British Patient Capital, also participated in the round. The latest funding round values the British technology company at $2.6bn. Quantexa founder and CEO Vishal Marria said: "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.' The company said it plans to use the funds to accelerate platform innovation, enhance client experiences, and forge new partnerships and alliances. The funding will also be used by the company to expand its presence in North America, and explore 'strategic' mergers and acquisitions. As part of the investment, Ara Yeromian, managing director at TVG, will join Quantexa's board of directors, which also includes representatives from other investors such as Warburg Pincus, Dawn Capital, BNY, Evolution Equity Partners, AlbionVC, and HSBC. Under the agreement, TVG will offer its expertise in scaling high-growth AI and software companies, along with its extensive network, to support Quantexa's international expansion and growth objectives. TVG EMEA senior managing director and head Avid Larizadeh Duggan said: 'Businesses today need to build trusted data foundations to enable AI-enhanced decision making, to drive real world impact. Quantexa is revolutionising 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.' "Quantexa wraps up $175m Series F investment round" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Bahrain News Gazette
06-03-2025
- Business
- Bahrain News Gazette
Quantexa Unleashes Wave of Next-Gen AI Decision Intelligence at QuanCon25
UK AI Leader makes a series of announcements to help customers and partners capitalize on the Operational Revolution of Data and AI at QuanCon25 LONDON, March 06, 2025 (GLOBE NEWSWIRE) — Quantexa, a global leader in Decision Intelligence solutions for the public and private sectors, today announced a series of innovative updates and launches across its platform at QuanCon25, its annual customer and partner ecosystem event. Hosted in London at Tobacco Dock, Quantexa highlighted its continued commitment to helping its customers get their data AI-ready, break down organizational silos, and transform decision-making in the era of AI. A New Era of Decision Intelligence At the heart of Quantexa's innovations is its Decision Intelligence Platform, where its Contextual Fabric, is helping customers: Unify fragmented data using industry-leading entity resolution and graph technology. Enrich data with critical contextual insights to build a real-world representation of how data connections and relationships are impacting an organization. Empower their organizations to run contextual analytics that strengthen Gen AI efforts to drive smarter, more transformative decision-making at all levels of the enterprise. Dan Higgins, Quantexa's Chief Product Officer, also announced new Decision Intelligence platform capabilities, including: Advanced Language Parsers: Now supporting non-Latin scripts such as Japanese—with Chinese and Arabic capabilities on the horizon—enabling organizations to process multilingual data with ease. Scalable Knowledge Graphs: Capable of connecting over one billion nodes, these graphs provide deep insights into hidden risks and growth opportunities. Real-Time Entity Streaming: Delivering up-to-date insights for fraud detection, know-your-customer (KYC), and master data management (MDM) through ultra-high volume data streaming. Enhanced User Experiences: A revamped search and localization interface that ensures users can interact with the platform in their native language, thereby reducing onboarding times and driving engagement. Higgins also gave a sneak peek into significant platform innovations coming in 2025, which include: More Support for Unstructured & Expanded Data Formats New Natural Language Processing (NLP) pipeline to manage and analyze unstructured data at scale and in multiple languages. Contextual insights extracted from internal documents, which incorporate unstructured data from intelligence reports, open-source intelligence (OSINT), and news content. The ability to leverage distillation and fine-tuning to deliver hyperscale LLM performance at the efficiency of small local models. New Workflow and Case Management Capabilities A new end-to-end workflow builder to enhance decisioning processes with consistency, traceability, and collaboration. The ability to streamline processes for use cases such as data stewardship, escalation decisions, suspicious activity report (SAR) filing, and claims processing. Designed for highly regulated environments with improved alerting and reporting capabilities. Revolutionizing Data Management Evolving from traditional methods to a modern, contextual fabric that provides trusted, current, and universally accessible data. AI-powered quality assessment and automated root cause analysis for critical source data. Delivering Tangible Business Impact To understand its return-on-investment (ROI), Quantexa commissioned a Total Economic Impact study with leading industry analyst house Forrester and a diverse portfolio of customers spanning banking, insurance, telecommunications, and the public sector. The study found that Quantexa's Decision Intelligence Platform has delivered measurable benefits per use case, including: Nearly $8 million in data management efficiency savings. Approximately $15 million in operational efficiencies. Over $19 million in risk reduction and compliance savings. Quantexa Founder & CEO, Vishal Marria said: 'These results demonstrate that when your data is trusted and contextual, it drives better decision-making and significant bottom-line impact in the era of AI.' Breaking New Ground with AI and Cloud Solutions Two major announcements further cemented Quantexa's Decision Intelligence leadership: Q Assist: A context-aware generative AI solution suite designed to democratize access to trusted data, augment decision-making, and provide real-time insights to front-line teams will be available for Early Access in April 2025. Quantexa Cloud: A comprehensive suite of native SaaS industry solutions, launching with Quantexa Cloud AML on Microsoft Azure, is available for Customer Preview. This innovative solution, developed in close collaboration with community and mid-size banks in the US, streamlines and modernizes anti-money laundering workflows for faster time to value and strengthened compliance. Jamie Hutton, Quantexa's Chief Technology Officer, highlighted live demonstrations illustrating how these solutions are revolutionizing financial crime detection and operational intelligence by connecting disparate data sources into actionable insights. Strengthening Strategic Partnerships Quantexa also highlighted its growing partnership with Microsoft, a collaboration that has delivered transformative industry solutions on the Azure Marketplace. Key initiatives include: The public and private preview launch of Quantexa Unify Workload for Microsoft Fabric, empowering organizations to enhance data quality and eliminate silos in a unified, scalable platform. Success stories from marquee customers including HSBC, Novobanco, and RSA, who are leveraging Microsoft and Quantexa technology to accelerate their data and AI transformation journeys. Looking Ahead: The Launch of Q Labs Quantexa detailed the official launch of Q Labs, a dedicated hub to accelerate groundbreaking ideas and provide a path from concept to commercialization including exploring emerging technologies, accelerating product innovation, and solving complex customer challenges. Q Labs is currently developing several exciting projects, including: Simulation Lab: Helping businesses model real-world scenarios before making critical decisions. Supply Chain Intelligence: Leveraging AI to create smarter, more resilient supply chains. Parsa Ghaffari, Head of Product Innovation, said: 'Working hand-in-hand with our engineering and GTM organizations, we turn breakthrough ideas into real-world impact —propelling our customers and partners to their next bold step faster than ever before.' Recognizing Our Partners The company also took a moment to honor its key strategic partners. The event featured the presentation of the Innovation Partner of the Year Award to Accenture, whose visionary approach has powered groundbreaking generative AI solutions, and the Growth Partner of the Year Award to KPMG, whose collaborative efforts have significantly expanded Quantexa's global footprint. Quantexa were thrilled to be joined by their sponsoring partners at this year's QuanCon25 – PWC, Microsoft, Databricks, Moody's and Dun & Bradstreet. To watch QuanCon25 on-demand, please visit About Quantexa Quantexa is a global AI, data and analytics software company pioneering Decision Intelligence to empower organizations to make trusted operational decisions with data in context. Using the latest advancements in AI, Quantexa's Decision Intelligence platform helps organizations uncover hidden risk and new opportunities by unifying siloed data and turning it into the most trusted, reusable resource. It solves major challenges across data management, customer intelligence, KYC, financial crime, risk, fraud, and security, throughout the customer lifecycle. The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. An independently commissioned Forrester TEI study on Quantexa's Decision Intelligence Platform found that customers saw a three-year 228% ROI. Founded in 2016, Quantexa now has over 800 employees and thousands of platform users working with billions of transactions and data points across the world. OR
Yahoo
06-03-2025
- Business
- Yahoo
Quantexa wraps up $175m Series F investment round
Quantexa, a UK-based AI, data, and analytics software company, has completed its $175m (£136.5m) Series F investment round. The round was led by Teachers' Venture Growth (TVG), part of the Ontario Teachers' Pension Plan. Existing investors, including British Patient Capital, also participated in the round. The latest funding round values the British technology company at $2.6bn. Quantexa founder and CEO Vishal Marria said: "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.' The company said it plans to use the funds to accelerate platform innovation, enhance client experiences, and forge new partnerships and alliances. The funding will also be used by the company to expand its presence in North America, and explore 'strategic' mergers and acquisitions. As part of the investment, Ara Yeromian, managing director at TVG, will join Quantexa's board of directors, which also includes representatives from other investors such as Warburg Pincus, Dawn Capital, BNY, Evolution Equity Partners, AlbionVC, and HSBC. Under the agreement, TVG will offer its expertise in scaling high-growth AI and software companies, along with its extensive network, to support Quantexa's international expansion and growth objectives. TVG EMEA senior managing director and head Avid Larizadeh Duggan said: 'Businesses today need to build trusted data foundations to enable AI-enhanced decision making, to drive real world impact. Quantexa is revolutionising 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.' "Quantexa wraps up $175m Series F investment round" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
