Quantexa: Secures £15m from British Patient Capital in Series F Round

Deal News | Mar 05, 2025 | British Business Bank Investments Ltd

British Patient Capital, a commercial subsidiary of the British Business Bank, has participated in Quantexa's significant $175 million Series F funding round with a £15 million follow-on investment. This Series F round, led by Teachers Venture Growth, a branch of the Ontario Teachers' Pension Plan, marks another investment milestone for British Patient Capital, which has been backing Quantexa since the Series C round via its commitment to Dawn Capital's third fund. Quantexa is a global leader in Decision Intelligence solutions, and the recent influx of funds will support platform innovation, client experience enhancement, and new partnerships. Furthermore, Quantexa plans to leverage this investment to explore strategic M&A opportunities, aiming to expand its operations in North America. The investment arrives as Quantexa is recognized as a Centaur, a distinction for SaaS companies surpassing $100 million in annual recurring revenue (ARR).

Sectors

  • Financial Services
  • Technology

Geography

  • United Kingdom – British Patient Capital, which is involved in funding Quantexa, is based in the UK.
  • Canada – The Series F round is led by Teachers Venture Growth, part of the Ontario Teachers' Pension Plan, a Canadian entity.

Industry

  • Financial Services – The investment into Quantexa involves financial transactions and stakeholders such as British Patient Capital, part of the British Business Bank, and Ontario Teachers' Pension Plan.
  • Technology – Quantexa operates within the Technology sector, specifically providing AI-driven Decision Intelligence solutions.

Financials

  • £15 million – British Patient Capital's investment in Quantexa's Series F round.
  • $175 million – Total amount raised in Quantexa's Series F funding round.
  • $100 million – Quantexa's annual recurring revenue (ARR), noting their Centaur status.

Participants

NameRoleTypeDescription
QuantexaTarget CompanyCompanyQuantexa is a global leader in Decision Intelligence solutions, targeted for investment in the funding round.
British Patient CapitalInvestorCompanyA commercial subsidiary of the British Business Bank, investing in Quantexa's Series F round.
Ontario Teachers' Pension PlanLead InvestorCompanyVia its Teachers Venture Growth arm, it led the Series F investment round for Quantexa.
Dawn CapitalPrevious InvestorCompanyAn early investor in Quantexa with involvement from British Patient Capital through its third fund.