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Venture Capital

AI analytics startup Quantexa scoops $175M for M&A splurge

The Series F values the company at $2.6 billion, a 45% increase from its 2023 valuation.

London-based AI analytics company Quantexa is on the hunt for acquisitions after wrapping up a $175 million Series F.

Quantexa, which offers AI and other tools to help financial institutions, governments and enterprises detect fraud and manage risk, is now worth $2.6 billion—a step up from its $1.8 billion valuation in 2023 following a $129 million Series E.

Teachers’ Venture Growth led this round, and managing director Ara Yeromian will join the board. Existing investors, including British Patient Capital, also participated.

With the fresh capital, Quantexa is looking to accelerate its growth plans, namely by deepening its North American presence and pursuing M&A opportunities.

The company has completed one acquisition already: Dublin-based language processing software company Aylien in 2023.

Acquisitions with VC-backed buyers are on the rise after a sharp drop in 2022, according to PitchBook data.

Globally, 522 companies were bought by VC-backed entities last year, with deal value reaching $27 billion—a modest increase from 2023’s $26.7 billion.

This represents 18% of all acquisitions globally—the second-highest percentage in a decade. So far in 2025, 18.7% of acquisitions have featured a VC-backed buyer.

With lower funding levels in recent years, high-quality startups are in a better position for acquisitions as investors’ flight to quality has left many companies struggling to raise capital.

Founded in 2016, Quantexa has over 800 employees and more than $100 million in annual recurring revenue. According to a Companies House filing, the company reported a £56 million loss for the year ending March 31, 2024.

Featured image by KanawatTH/Getty Images

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    About Leah Hodgson
    Leah Hodgson is a London-based senior reporter for PitchBook, covering the venture capital ecosystem across Europe and the Middle East. Leah, who joined PitchBook in 2018, graduated from the University of Surrey with a BA in international politics with French. She has previously been a radio reporter in France. She later turned to financial journalism, covering the wealth management industry.
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