Latest news with #Quantexa
Bloomberg
5 days ago
- Business
- Bloomberg
British Tech Unicorn Quantexa Eyes IPO as Soon as 2026
British data and analytics software startup Quantexa is considering an initial public offering as soon as the second half of next year, people with knowledge of the matter said. The London-based company could seek a valuation of more than $3 billion in the potential listing, said the people, who asked not to be identified as the information is private. The US is among listing venues being considered, though no final decision has been made, the people said.
Scotsman
08-07-2025
- Business
- Scotsman
UK-based software company welcomes two tech trailblazers to its team
The pair's expertise will help the company ensure businesses make trusted operational decisions with data | Shutterstock A UK-based software company is excited to announce the appointment of two technology trailblazers to their team today (8) - one of which is a current member of the UK House of Lords. Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Quantexa, a global AI, data and analytics software company pioneering Decision Intelligence (DI), will welcome Steven Guggenheimer, former corporate vice president at Microsoft and Franck Petitgas, former global heard of investment banking at Morgan Stanley - and a current member of the UK House of Lords - to their Advisory Board this year. The pair's expertise will help the company ensure enterprises make trusted operational decisions with data in context by using Quantexa's Decision Intelligence platform - which helps organisations uncover hidden risks and new opportunities by unifying siloed data and turning it into the most trusted, reusable resource. The appointment's come following a $175 million Series F funding round and a growing customer base that has some of the world's leading banks and government agencies. Quantexa's increased focus on expanding its global footprint and advancing its Decision Intelligence Platform helps enterprises achieve better business outcomes in highly regulated industries. Vishal Marria, CEO & Founder, Quantexa, said: 'We are adding to our powerhouse Advisory Board to match our category-defining ambitions. 'Steven and Franck bring extraordinary expertise across technology, finance, and policy. 'Their guidance will help us further accelerate our mission to become the global standard for trusted decision-making in the AI era.' Guggenheimer is a 30-year enterprise technology veteran and has held senior leadership roles at Microsoft, including Corporate VP of AI & ISV Engagement. He is recognised for building scaled platform strategies, partner ecosystems, and go-to-market engines in cloud and AI. His expertise will be instrumental as Quantexa expands its platform, deepens strategic partnerships, and accelerates commercial growth across key geographies. 'Quantexa is tackling one of the most important challenges in AI today - turning siloed data into trusted, contextual insights at scale to drive augmented and automated decisioning,' Guggenheimer, said. 'The team has the right vision, platform, and momentum to lead this category, and I'm thrilled to support their journey.' Petitgas brings global financial and macro strategy insights. With more than three decades at Morgan Stanley, including serving as Global Co-Head of Investment Banking, and subsequently as the adviser on business and investment to the former U. K. Prime Minister, he adds invaluable perspective at the intersection of global finance, regulation, and digital transformation. His experience will support Quantexa's growth with global clients and strategic partners. Franck Petitgas said: 'Quantexa has developed a world class data and AI driven decision-making platform that helps its clients deliver growth and efficiency. 'I look forward to helping the company scale its impact internationally with global clients and in the capital markets.' To learn more about Quantexa's Leadership, visit: *Appointment was subject to the standard ACOBA approval process. This article is produced by SWNS based on content distributed by GlobeNewswire.
Scotsman
08-07-2025
- Business
- Scotsman
UK-based software company welcomes two tech trailblazers to its team
The pair's expertise will help the company ensure businesses make trusted operational decisions with data | Shutterstock A UK-based software company is excited to announce the appointment of two technology trailblazers to their team today (8) - one of which is a current member of the UK House of Lords. Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Quantexa, a global AI, data and analytics software company pioneering Decision Intelligence (DI), will welcome Steven Guggenheimer, former corporate vice president at Microsoft and Franck Petitgas, former global heard of investment banking at Morgan Stanley - and a current member of the UK House of Lords - to their Advisory Board this year. The pair's expertise will help the company ensure enterprises make trusted operational decisions with data in context by using Quantexa's Decision Intelligence platform - which helps organisations uncover hidden risks and new opportunities by unifying siloed data and turning it into the most trusted, reusable resource. The appointment's come following a $175 million Series F funding round and a growing customer base that has some of the world's leading banks and government agencies. Quantexa's increased focus on expanding its global footprint and advancing its Decision Intelligence Platform helps enterprises achieve better business outcomes in highly regulated industries. Vishal Marria, CEO & Founder, Quantexa, said: 'We are adding to our powerhouse Advisory Board to match our category-defining ambitions. 'Steven and Franck bring extraordinary expertise across technology, finance, and policy. 'Their guidance will help us further accelerate our mission to become the global standard for trusted decision-making in the AI era.' Guggenheimer is a 30-year enterprise technology veteran and has held senior leadership roles at Microsoft, including Corporate VP of AI & ISV Engagement. He is recognised for building scaled platform strategies, partner ecosystems, and go-to-market engines in cloud and AI. His expertise will be instrumental as Quantexa expands its platform, deepens strategic partnerships, and accelerates commercial growth across key geographies. 'Quantexa is tackling one of the most important challenges in AI today - turning siloed data into trusted, contextual insights at scale to drive augmented and automated decisioning,' Guggenheimer, said. 'The team has the right vision, platform, and momentum to lead this category, and I'm thrilled to support their journey.' Petitgas brings global financial and macro strategy insights. With more than three decades at Morgan Stanley, including serving as Global Co-Head of Investment Banking, and subsequently as the adviser on business and investment to the former U. K. Prime Minister, he adds invaluable perspective at the intersection of global finance, regulation, and digital transformation. His experience will support Quantexa's growth with global clients and strategic partners. Franck Petitgas said: 'Quantexa has developed a world class data and AI driven decision-making platform that helps its clients deliver growth and efficiency. 'I look forward to helping the company scale its impact internationally with global clients and in the capital markets.' To learn more about Quantexa's Leadership, visit: *Appointment was subject to the standard ACOBA approval process.
Associated Press
02-07-2025
- Business
- Associated Press
Quantexa Named a Luminary in Everest Group's Innovation Watch Report
LONDON, July 02, 2025 (GLOBE NEWSWIRE) -- Quantexa, a global leader in Decision Intelligence (DI) for the public and private sectors, today announced it has been named as a Luminary in Everest Group's Innovation Watch: Generative AI Applications in Financial Crime and Compliance (FCC) report. This prestigious acknowledgment highlights Quantexa's innovative use of generative AI as part of its' Decision Intelligence Platform, to transform the financial crime and compliance practice. At the center of this recognition is Q Assist, Quantexa's context-aware Agentic AI capability designed to augment trusted decision-making at enterprise scale. Q Assist leverages the full power of Quantexa's Decision Intelligence Platform - combining a dynamic contextual data fabric, a generative AI prompt builder, and an intelligent co-pilot. By integrating deeply with graph analytics, Q Assist provides investigators and compliance teams with instant access to connected insights, surfacing hidden relationships and patterns across vast, complex datasets. Since its launch in 2024, Q Assist has rapidly progressed from pilot to production, delivering measurable impact across critical use cases such as third-party investigations, SAR creation, and real-time risk assessments. Quantexa's Luminary status reflects the company's leadership position in leveraging advanced AI technologies to address the growing complexity and resource intensity of financial crime compliance. As noted in the Everest Group report, generative AI holds significant promise for transforming the FCC value chain by automating labor-intensive tasks, revealing previously hidden insights, and detecting anomalies in near real-time. The Everest Group report highlights that 75% of providers are building robust go-to-market and technology partnerships. Quantexa sets the standard through its strategic collaborations with Microsoft, Google, Databricks, Accenture, KPMG, and PwC - bringing together best-in-class technology and expertise to support mission-critical transformation programs for some of the world's largest banks. ' Quantexa's development of Q Assist represents a practical and meaningful application of generative AI in financial crime compliance. By embedding context-aware intelligence into core processes like entity resolution, SAR report creation, and risk assessment, Quantexa empowers investigators with real-time, actionable insights,' said Dheeraj Maken, Practice Director at Everest Group. ' With Q Assist now moving from pilot to production across key use cases, Quantexa is solidifying its position in the AI-driven decision intelligence space and is therefore featured among the Luminaries in Everest Group's Innovation Watch Assessment.' This recognition follows Quantexa's recently completed $175 million Series F funding round, which valued the company at $2.6 billion and positions it to accelerate global growth, platform innovation, and go-to-market momentum. ' This recognition from Everest Group validates our commitment to delivering practical, production-ready AI solutions that address the real-world challenges facing financial crime compliance teams,' said Matt Long, Global Head of Financial Crime Risk for Financial Services and Government at Quantexa. " Q Assist showcases the transformative potential of context-aware generative AI in investigative workflows, accelerating complex investigation and upholding the trust and explainability essential to regulated industries ' To find out more about Quantexa's fincrime 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]
Forbes
30-05-2025
- 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
