Tech Track 100

Founded in 2016, this software company has developed AI and “big data” analytics tools used by both financial services firms and the public sector to detect money laundering and other financial crime. It says the Covid-19 outbreak has sparked new fraud and financial crime threats, which it has continued to adapt to, and has produced educational webinars and podcasts. In particular, its technology is being used by organisations to gain insights into customers and quickly identify new risks and opportunities arising from the pandemic. In July, it raised $65m in a round led by Evolution Equity Partners, taking its total funds raised to $90m. Founder and chief executive Vishal Marria, 37, oversaw sales of £17.5m this year.

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Company details
Year2020
Rank14
CompanyQuantexa
ActivityData analytics provider
LocationCentral London
Average 3 year sales growth140.84%
Latest sales £000s*17,500
Staff209
Founded2016
Websitewww.quantexa.com

If applicable:

* supplied by company † annualised figure