London-Based Fintech Firm Quanted Raises New Funding

While the exact amount wasn't shared, the round included backing from Flixfounders, Swiss accelerator Tenity, and several angel investors.

Quanted plans to use the funds to grow its engineering team and continue rolling out its product to hedge funds and data providers. These clients often struggle to run multiple data trials at once due to outdated tools and limited resources.

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Its tools run directly in the team’s environment and include explainable machine learning, feature importance reports, and ready-made scripts to easily integrate data.

“The best quant funds we speak to cap out their data trials at around 100 per year,” said Charlie Simionescu-Marin, CEO and co-founder of Quanted. “With alternative data expected to grow 35-fold over the next eight years as businesses monetise their software exhaust, that model no longer works. We’re giving teams the infrastructure to scale testing, reduce sunk costs, and capture more alphas.”

Data plays a central role in quantitative investing, but integrating new sources is often slow and prone to mistakes.

As the number of financial, alternative, and macroeconomic datasets grows, investment firms are feeling the pressure to uncover insights (alpha) more quickly—without adding to their operational burden.

The company says it can significantly reduce the time it takes to onboard new data partners, while helping funds test predictive signals more effectively.

It already has over 20 data partnerships and access to more than 3.2 million potentially useful data features—showing strong growth in its ecosystem.

Investor interest in Quanted shows a growing trend in hedge funds and asset managers wanting to make better use of their unused data (“data exhaust”) as the alternative data market expands.

Quanted’s backers include senior professionals from hedge funds, banks, and data providers—people who understand the real challenges in this space. Their support is expected to help the startup solve key industry problems.

About Quanted

Quanted was created to fix the slow and fragmented process of testing new data in finance. The platform helps hedge funds and quant teams quickly onboard, test, and assess new datasets with greater accuracy.