Quantexa, an emerging player in the AI sector, has raised $175 million in Series F funding, elevating its valuation to $2.6 billion. Led by Teachers' Venture Growth, the funding comes on the heels of Quantexa achieving 'Centaur' status, indicative of surpassing $100 million in annual recurring revenue. The company specializes in decision intelligence, leveraging AI to manage financial risks and unify data for clients. CEO Vishal Marria highlighted the transformative nature of AI, and outlined plans for enhanced service offerings, expansion in North America, and strategic M&A opportunities.
Quantexa aims to accelerate its international growth and innovation following a $175 million Series F funding round, bringing its valuation to $2.6 billion.
CEO Vishal Marria emphasized that AI is a transformative technology that Quantexa is utilizing to revolutionize data management and public services.
With this investment, Quantexa plans to enhance platform experience for clients, expand into North America, and explore new M&A opportunities.
The funding marks a significant milestone for Quantexa, coming after the company achieved 'Centaur' status, reflecting its substantial annual recurring revenue.
Collection
[
|
...
]