Decision intelligence solutions company Quantexa has been valued at $1.8 billion by a Series E funding round.

The London-headquartered firm raised £104m in a round led by GIC which included Warburg Pincus, Dawn Capital, British Patient Capital, Evolution Equity Partners, HSBC, BNY Mellon, ABN AMRO and AlbionVC. 

The platform allows enterprises to build context and insight modelling ⁠— including graph analytics and knowledge trees ⁠— to enhance operations, prevent fraud, and identity external risks to their core business. 

In the last year, Quantexa has grown from 500 to 650 employees and opened bases in New York City, the UAE, Amsterdam and Malaga.

“In a challenging market we have doubled our ARR, our user base, and continue to penetrate new markets and industries,” CEO Vishal Marria said on its progress since its £111m Series D round in summer 2021.

“This infusion of capital will fuel further innovation, diversification, and expansion, and opens exciting options for our future.

“We warmly welcome GIC and thank our existing investors for their continued confidence in our ability to generate growth and accelerate the path to profitability.”

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