Tenity has made a follow-on investment in the UK-based startup Quanted, which is innovating quant data infrastructure, enhancing capabilities for quant teams to efficiently analyze alternative data.

Target Company Overview

Quanted is a UK-based startup that is transforming the quant data infrastructure landscape. The company has developed an advanced platform designed to empower quantitative finance teams by uncovering hidden market signals and improving the profitability of their strategies. This innovative system is attracting attention from top quant funds and is poised to establish itself as a core technology in the over $40 billion quant fund industry.

In a rapidly evolving market where alternative data adoption is forecasted to grow from today’s $12 billion to $420 billion by 2033, Quanted addresses crucial challenges faced by quant teams. By tackling the inefficiencies related to scaling data evaluation, Quanted's technology enables teams to quickly identify and evaluate datasets that enhance their models, thereby reducing the time required to derive actionable insights.

Industry Overview

The quant finance sector in the UK has been experiencing significant transformation, driven by the increasing reliance on alternative data and advanced analytics tools. As the market continues to expand, there is a growing demand for sophisticate