Quantexa has raised a $129M Series E funding round to help organizations thwart online crimes.
The company has reached a $1.8B valuation.
- Quantexa offers a data intelligence tool that enables companies to build insight models that are used to prevent online fraud.
- The company has 40% ARR Growth and projects to reach $100 million in revenue in 2024.
- Quantexa aims to become profitable by 2025.
- Singapore’s
sovereign wealth fund GIC led the funding round, with participation
from Warburg Pincus, Dawn Capital, British Patient Capital, Evolution
Equity Partners, HSBC, BNY Mellon, ABN AMRO, and AlbionVC.
- Since its inception in 2016, the company has raised over $370M.
- Quantexa is based in London, United Kingdom.
