Funding round
Quantexa Series D
Quantexa, which works in decision intelligence platform development in London, raised $153M in a Series D round announced on 13 Jul 2021, led by Warburg Pincus, at a $800M post-money valuation. 7 firms took part, 7 of them already investors. It is Quantexa's third venture round on record; the one before was a Series C in Jul 2020.
$153M
Amount raised
$800M
Post-money valuation
7
Investors
1 lead
19%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Quantexa at $800M after the new money. The $153M bought investors about 19% of the company. It came 12 months after Quantexa's Series C. It is 29% of the $525M Quantexa has raised in the venture rounds on record. Quantexa raised again 21 months later: a Series E round of $129M in Apr 2023, at $1.80B post-money.
Quantexa's funding rounds
Quantexa has 5 venture rounds on record. This one is highlighted.
- Series A 7 Mar 2017, led by AlbionVC and HSBC $3.3M
- Series C 23 Jul 2020, led by Evolution Equity Partners $65M
- Series D this round 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
Warburg Pincus led the round with 6 other firms. Warburg Pincus, Dawn Capital, AlbionVC and Evolution Equity Partners and 3 more had backed Quantexa before.
Lead investor
- Warburg Pincus backs 76 venture-backed companies existing investor
Also in the round
- Dawn Capital existing investor
- AlbionVC existing investor
- backs 43 venture-backed companies existing investor
- HSBC existing investor
- ABN AMRO Ventures existing investor
- British Patient Capital existing 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, acquisitions and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
238 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 1.5 times the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 26 Jul 2021 | $235M | $1.50B | Tiger Global |
| Tech Companies | 28 Jul 2021 | $150M | $2.25B | Lone Pine Capital |
| Tech Companies | 13 Jul 2021 | $125M | $2.63B | Andreessen Horowitz |
| Tech Companies | 21 Jul 2021 | $110M | $1.20B | Meritech Capital |
| Tech Companies | 13 Jul 2021 | $100M | $1.00B | HighSage Ventures |
| Tech Companies | 16 Jul 2021 | $85M | not disclosed | D1 Capital Partners and Kaiser Permanente Ventures |
| Tech Companies | 28 Jul 2021 | $60M | $750M | Tiger Global |
| Tech Companies | 28 Jul 2021 | $50M | not disclosed | H.I.G. Growth Partners |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Quantexa raise in its Series D round?
Quantexa raised $153M in its Series D round, announced in Jul 2021.
Who led Quantexa's Series D round?
Warburg Pincus led it, with Dawn Capital, AlbionVC, Evolution Equity Partners, HSBC and ABN AMRO Ventures and 1 more.
What was Quantexa's valuation at the Series D round?
$800M post-money.
How does it compare with other Series D rounds in Tech Companies?
238 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 1.5 times the median.
Did Quantexa raise again after this round?
Yes: a Series E round in Apr 2023 of $129M at $1.80B post-money.