{{Short description|British software company}} {{Promotional|date=February 2026}} {{Infobox company | name = Quantexa | industry = data analysis | founded = {{Start date and age|2016}} | founder = Jamie Hutton, Richard Seewald, Imam Hoque, Felix Hoddinott, Vishal Marria | hq_location_city = London | hq_location_country = United Kingdom | products = SaaS | num_employees = 800+<ref name=TiA/> | num_employees_year = 2025 }}
'''Quantexa''' is a UK-based software company that develops artificial intelligence-based applications for data analytics and decision-making. The company was founded in 2016 and is headquartered in London, with operations in North America, Europe, and the Asia-Pacific region.<ref name=":2">{{Cite web |last=Curran |first=Niamh |date=2025-03-05 |title=Quantexa raises £140m to fund expansion in America |url=https://www.thetimes.com/business-money/entrepreneurs/article/quantexa-raises-140m-to-fund-expansion-in-america-enterprise-network-3m9xr3n7m |access-date=2025-06-20 |website=www.thetimes.com |language=en}}</ref>
As of 2025, Quantexa reported a valuation of $2.6 billion<ref>{{Cite web |date=2025-03-05 |title=Quantexa valuation jumps to $2.6bn after fresh funding round |url=https://www.uktech.news/ai/quantexa-valuation-jumps-to-2-6bn-after-fresh-funding-round-20250305 |access-date=2025-06-20 |website=UKTN |language=en-GB}}</ref> and provides services to organizations in over 70 countries.<ref>{{Cite news |last= |date=2024-07-08 |title=Quantexa Secures $129 Million Series E Funding, Becomes UK's First Unicorn of 2023 |url=https://n24.com.tr/en/quantexa-secures-129-million-series-e-funding-becomes-uks-first-unicorn-of-2023 |archive-url=https://web.archive.org/web/20250114130636/https://n24.com.tr/en/quantexa-secures-129-million-series-e-funding-becomes-uks-first-unicorn-of-2023 |archive-date=2025-01-14 |access-date=2025-06-20 |work=n24 |language=en-US |url-status=live }}</ref> Investors include Warburg Pincus, HSBC, and the Ontario Teachers’ Pension Plan.<ref name=":3">{{Cite web |title=British tech star Quantexa in talks to secure new funding |url=https://news.sky.com/story/british-tech-star-quantexa-in-talks-to-secure-new-funding-13315937 |access-date=2025-06-20 |website=Sky News |language=en}}</ref>
== History == Quantexa was founded in London in 2016 by several co-founders, including Jamie Hutton,<ref>{{Cite news |last=silicon |date=2024-04-26 |title=Navigating the 'fast-flowing river' of data in decision intelligence |url=https://www.siliconrepublic.com/enterprise/quantexa-jamie-hutton-data-it-leadership |archive-url=https://web.archive.org/web/20250321204411/https://www.siliconrepublic.com/enterprise/quantexa-jamie-hutton-data-it-leadership |archive-date=2025-03-21 |access-date=2025-06-20 |work=Silicon Republic |language=en-GB |url-status=live }}</ref> Richard Seewald, Imam Hoque, Felix Hoddinott, and Vishal Marria, who also serves as the company's chief executive officer.<ref name=":4">{{Cite web |title=Quantexa 2025 Company Profile: Valuation, Funding & Investors {{!}} PitchBook |url=https://pitchbook.com/profiles/company/178953-31 |access-date=2025-06-20 |website=pitchbook.com |language=en}}</ref>
The company was established to develop tools intended to address limitations in traditional data analysis methods, particularly those related to identifying hidden connections across large datasets.<ref>{{Cite web |last=Somerville |first=Michael |date=2018-06-11 |title=Entrepreneur interview: Vishal Marria, founder & CEO of Quantexa |url=https://growthbusiness.co.uk/entrepreneur-interview-vishal-marria-founder-ceo-of-quantexa-18239/ |access-date=2025-06-20 |website=Growth Business |language=en-US}}</ref><ref>{{Cite web |last=Garcia |first=David Cendon |date=2025-03-05 |title=Quantexa raises €163 million to use AI to unify siloed data |url=https://www.eu-startups.com/2025/03/quantexa-raises-e163-million-to-use-ai-to-unify-siloed-data/ |access-date=2025-06-20 |website=EU-Startups |language=en-US}}</ref> The name "Quantexa" is derived from the company's focus on quantitative methods and data analysis.<ref name=":4" />
In 2023, Quantexa acquired Dublin-based AI firm Aylien.<ref>{{Cite web |date=2025-03-05 |title=Quantexa raises $175M, boosting valuation to $2.6BN |url=https://tech.eu/2025/03/05/quantexa-raises-175m-boosting-valuation-to-26bn/ |access-date=2026-01-29 |website=Tech.eu |language=en-GB}}</ref>
In April 2023, the company completed a Series E funding round, raising $129 million at a valuation of approximately $1.8 billion, marking its entry into "unicorn" status.<ref>{{Cite web |last=Lunden |first=Ingrid |date=2023-04-03 |title=Quantexa raises $129M at a $1.8B valuation to help navigate online fraud and customer data management |url=https://techcrunch.com/2023/04/03/quantexa-raises-129m-at-a-1-8b-valuation-to-help-navigate-online-fraud-and-customer-data-management/ |access-date=2025-06-20 |website=TechCrunch |language=en-US}}</ref><ref>{{Cite web |last=Tyler |first=Richard |date=2023-04-03 |title=Financial crime pays for Quantexa |url=https://www.thetimes.com/business-money/article/financial-crime-pays-for-quantexa-cjw779ccf |access-date=2025-06-20 |website=www.thetimes.com |language=en}}</ref>
In October 2024, the company reported annual recurring revenue (ARR) exceeding $100 million.<ref>{{Cite web |date=October 29, 2024 |title=Quantexa Reaches Centaur Status, Surpassing $100 Million ARR |url=https://finance.yahoo.com/news/quantexa-reaches-centaur-status-surpassing-000100590.htm/ |access-date=2025-06-20 |website=Yahoo!Finance|via=Yahoo|publisher=Global Newswire}}</ref><ref>{{Cite web|title=British tech star Quantexa in talks to secure new funding|url=https://news.sky.com/story/british-tech-star-quantexa-in-talks-to-secure-new-funding-13315937|website=Sky News|access-date=2026-01-29|language=en}}</ref>
In early 2025, Quantexa participated in the World Economic Forum's Unicorn Program, which supports high-growth technology companies.<ref>{{Cite web |last=Killeen |first=Patrick |date=2025-01-21 |title=Quantexa is 1st British firm to join WEF Unicorn Program |url=https://businesscloud.co.uk/news/quantexa-is-1st-british-firm-to-join-wef-unicorn-program/ |access-date=2025-06-20 |website=BusinessCloud |language=en}}</ref>
In March 2025, Quantexa completed a Series F funding round of $175 million, led by Teachers' Venture Growth, the venture arm of the Ontario Teachers' Pension Plan.<ref name=":3" /><ref>{{Cite web |title=Quantexa Completes USD 175 million Series F Investment Round, led by Teachers’ Venture Growth |url=https://www.otpp.com/en-ca/about-us/news-and-insights/2025/quantexa-completes-175million-usd-investment-round-led-by-tvg/ |access-date=2025-06-20 |website=www.otpp.com |language=en}}</ref> That August, the company was reported to be considering a 2026 IPO.<ref>{{Cite news |last=Chan |first=Vincy |date=2025-08-05 |title=British Tech Unicorn Quantexa Eyes IPO as Soon as 2026 |url=https://www.bloomberg.com/news/articles/2025-08-05/british-tech-unicorn-quantexa-is-said-to-eye-ipo-as-soon-as-2026 |access-date=2026-03-18 |work=Bloomberg News|last2=Gopinath|first2=Swetha}}</ref><ref name=TiA>{{Cite web |title=Tech in Asia - Connecting Asia's startup ecosystem |url=https://www.techinasia.com/news/uk-data-firm-quantexa-plans-2026-ipo-at-over-3b-valuation |access-date=2026-03-19 |website=www.techinasia.com |language=en-US}}</ref>
The company formed a partnership with Zurich in October 2025, the first insurer to add its AI-based Decision Intelligence platform to enhance fraud detection.<ref>{{Cite web |date=2025-10-15 |title=Zurich strengthens fraud defences with AI - Insurance Age |url=https://www.insuranceage.co.uk/insight/7957488/zurich-strengthens-fraud-defences-with-ai |access-date=2026-03-18 |website=www.insuranceage.co.uk |language=en}}</ref>
== References == {{Reflist}}
Category:2016 software Category:Software companies of the United Kingdom Category:Chatbots Category:Software companies based in London Category:British companies established in 2016 Category:2016 establishments in England Category:Software companies established in 2016 Category:Technology companies established in 2016 Category:Artificial intelligence laboratories Category:Artificial intelligence companies Category:Applications of artificial intelligence Category:British brands