Funding round
Quantexa Series A
Quantexa, which works in decision intelligence platform development in London, raised $3.3M in a Series A round announced on 7 Mar 2017, led by AlbionVC and HSBC. 2 firms took part. It is Quantexa's first venture round on record.
$3.3M
Amount raised
Not disclosed
Post-money valuation
2
Investors
2 leads
Valuation
What this round says about the price
Quantexa did not disclose a valuation in this round. It is Quantexa's first venture round on record, 1 year after it was founded in 2016. It is under 1% of the $525M Quantexa has raised in the venture rounds on record. Quantexa raised again 40 months later: a Series C round of $65M in Jul 2020. Its next priced round, a Series D in Jul 2021, valued it at $800M.
Quantexa's funding rounds
Quantexa has 5 venture rounds on record. This one is highlighted.
- Series A this round 7 Mar 2017, led by AlbionVC and HSBC $3.3M
- Series C 23 Jul 2020, led by Evolution Equity Partners $65M
- Series D 13 Jul 2021, led by Warburg Pincus $153M$800M post-money
- Series E 4 Apr 2023, led by GIC $129M$1.80B post-money
- Series F 5 Mar 2025, led by Ontario Teachers’ Pension Plan $175M$2.60B post-money
Investors
Who put money in
AlbionVC and HSBC led the round.
Lead investors
- backs 38 venture-backed companies new investor
- HSBC new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
589 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $7.0M, and this round was 47% of the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 15 Mar 2017 | $13M | not disclosed | not named |
| Tech Companies | 20 Mar 2017 | $11M | not disclosed | Flare Capital Partners |
| Tech Companies | 1 Mar 2017 | $10M | not disclosed | GV |
| Tech Companies | 23 Mar 2017 | $10M | not disclosed | 83North |
| Tech Companies | 23 Mar 2017 | $9.5M | not disclosed | Kleiner Perkins |
| Tech Companies | 2 Mar 2017 | $9.0M | not disclosed | Imagen Capital Partners |
| Tech Companies | 21 Mar 2017 | $8.5M | not disclosed | Goldman Sachs Principal Strategic Investments and GE Ventures |
| Tech Companies | 1 Mar 2017 | $7.6M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Quantexa raise in its Series A round?
Quantexa raised $3.3M in its Series A round, announced in Mar 2017.
Who led Quantexa's Series A round?
AlbionVC and HSBC led it.
What was Quantexa's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
589 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $7.0M, and this round was 47% of the median.
Did Quantexa raise again after this round?
Yes: a Series C round in Jul 2020 of $65M.