Latest news with #Teachers'VentureGrowth
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.
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.
Yahoo
05-03-2025
- Business
- Yahoo
Quantexa: London-based AI startup's valuation hits £2bn
London-based artificial intelligence (AI) startup Quantexa's valuation has jumped to more than £2bn following a new round of funding. The firm, which uses AI to interpret data sets and help financial firms manage risk, secured a $175m (£137.66m) investment in a funding round led by the Teachers' Venture Growth (TVG), which will bring the firm's valuation to $2.6bn (£2.05bn). Existing investors like British Patient Capital also participated in the round. Quantexa's license revenue grew by more than 40 per cent in 2024 as the firm rapidly scaled its partnership with Microsoft. It initially partnered with the tech giant to make its AI platform available on Azure's marketplace. Now, it will launch its AI-powered workload and a cloud anti-money laundering solution for its developed marketplace. The company is also doubling down on public sector demand, helping government agencies integrate AI while ensuring security and compliance. Founder and chief executive Vishal Marria dubbed AI as a 'one in a generation' technological shift. She said: 'This latest investment reflects investors' belief in our vision as we accelerate innovation and amplify the value we deliver to clients.' This comes after the firm hit unicorn status in August 2024, after closing an earlier funding round at a valuation of $1.8bn (£1.4bn). Sign in to access your portfolio
Yahoo
07-02-2025
- Business
- Yahoo
StackAdapt raises $235m to advance programmatic advertising
StackAdapt, a Canada-based multi-channel programmatic advertising platform, has secured $235m in funding round spearheaded by Teachers' Venture Growth (TVG). TVG is the late-stage venture and growth investment division of Ontario Teachers' Pension Plan. Intrepid Growth Partners, along with four additional investors, also participated in this funding round. Following a $300m investment from Summit Partners in 2022, StackAdapt's total funding has now surpassed $500m. Established in 2014 by co-founders Vitaly Pecherskiy, Yang Han, and Ildar Shar, StackAdapt is focussed on developing a new-generation programmatic advertising platform. The proceeds will be used by StackAdapt to boost programmatic advertising and expand into marketing technology sector. StackAdapt co-founder and CEO Vitaly Pecherskiy said: 'The challenges marketing teams face are vast and evolving rapidly. 'Much of the pressure to drive growth rests on their shoulders as they work to reinvent operations and discover new ways to reach customers effectively, profitably, and predictably. 'We are excited to partner with TVG and the other great investors in this round to drive growth and innovation within StackAdapt, continuing on our mission to transform how marketers use technology to create value within their companies.' Employing more than 1,300 people, StackAdapt platform is enabling modern marketers in 19 international markets. J.P. Morgan served as the lead placement agent, while RBC Capital Markets served as co-placement agent in StackAdapt's fundraising efforts. "StackAdapt raises $235m to advance programmatic advertising" 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. Sign in to access your portfolio
Yahoo
05-02-2025
- Business
- Yahoo
StackAdapt raises $235m to advance programmatic advertising
StackAdapt, a Canada-based multi-channel programmatic advertising platform, has secured $235m in funding round spearheaded by Teachers' Venture Growth (TVG). TVG is the late-stage venture and growth investment division of Ontario Teachers' Pension Plan. Intrepid Growth Partners, along with four additional investors, also participated in this funding round. Following a $300m investment from Summit Partners in 2022, StackAdapt's total funding has now surpassed $500m. Established in 2014 by co-founders Vitaly Pecherskiy, Yang Han, and Ildar Shar, StackAdapt is focussed on developing a new-generation programmatic advertising platform. The proceeds will be used by StackAdapt to boost programmatic advertising and expand into marketing technology sector. StackAdapt co-founder and CEO Vitaly Pecherskiy said: 'The challenges marketing teams face are vast and evolving rapidly. 'Much of the pressure to drive growth rests on their shoulders as they work to reinvent operations and discover new ways to reach customers effectively, profitably, and predictably. 'We are excited to partner with TVG and the other great investors in this round to drive growth and innovation within StackAdapt, continuing on our mission to transform how marketers use technology to create value within their companies.' Employing more than 1,300 people, StackAdapt platform is enabling modern marketers in 19 international markets. J.P. Morgan served as the lead placement agent, while RBC Capital Markets served as co-placement agent in StackAdapt's fundraising efforts. "StackAdapt raises $235m to advance programmatic advertising" 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. Sign in to access your portfolio
