Series C23 July 2020

Quantexa secures £51.2m Series C funding led by Evolution Equity Partners

Evolution Equity Partners led the Series C financing alongside participation from British Patient Capital, ABN AMRO Ventures, Dawn Capital, AlbionVC, HSBC and Accenture Ventures.

£51.2MSeries C

Quantexa develops contextual decision intelligence software that helps organisations unify internal and external data sets to improve operational choices. The firm serves thousands of users globally across sectors including financial services and the public sector.

Data and analytics software provider Quantexa has secured £51.2m in a Series C funding round led by Evolution Equity Partners. The capital will support international expansion into North America, Asia-Pacific and Europe, alongside further product development across financial services and new industrial sectors.

The financing also drew participation from British Patient Capital, ABN AMRO Ventures, Dawn Capital, AlbionVC, HSBC and Accenture Ventures. The company intends to scale its global partner ecosystem and deploy its contextual decision intelligence platform into additional markets following previous funding rounds.

From the founder

"We are thrilled that Evolution Equity Partners and British Patient Capital will be joining our team, alongside the strategic investment from ABN AMRO Ventures. Together with the continued trust and commitment from our existing investors, we will drive the next phase of Quantexa’s growth. We are seeing a huge demand for our platform to support multiple applications across our core markets in financial services and within new industry sectors. This investment will accelerate our product innovation roadmap and enable us to invest further into Europe, North America and Asia Pacific regions, as well as expand into new locations."

Vishal Marria

CEO at Quantexa

Investor perspective

"Quantexa’s proprietary platform heralds a new generation of decision intelligence technology that uses a single contextual view of customers to profoundly improve operational decision making and overcome big data challenges. Its impressive rapid growth, renowned client base and potential to build further value across so many sectors make Quantexa a fantastic partner whose team I look forward to working with,"