Atheneum Raises $150M in Growth Funding

Atheneum, a Berlin, Germany-based B2B Research Technology platform, secured $150m in growth funding.

The round was led by Guidepost Growth Equity with participation from select Limited Partners, as well as existing investors, Crosslantic Capital Management, Michael Brehm, Vogel Communications Group, and the Founding Management team of Atheneum. In conjunction with the funding, Roshen Menon and Chris Cavanagh, general partners of Guidepost, will join the board.

The company intends to use the funds to accelerate market expansion including in the U.S., continued technology and product development, and hiring initiatives.

Founded in 2010 by Mathias Wengeler, CEO, Atheneum leverages its proprietary machine learning software and cloud-based insights platform, “Athena One” to provide rapid responses and on-demand access to global intelligence for understanding industry trends and the in-depth market information needed to drive business expansion, operational excellence and product innovation. The company provides rapid responses and on-demand access to global market intelligence based on the experience and knowledge of experts in an industry, and can be used for understanding industry trends, market intelligence needs in new business development and operational excellence, and industry structure research for global expansion. 

Among the over 500 customers globally, the company has built significant global capabilities and solutions across a variety of industries with a particular strength in life sciences and technology. 

Atheneum’s founding management team, Mathias Wengeler, Ammad Ahmad and Marta Margolis, have spearheaded its global growth across 11 offices including London, Munich and Shanghai, with U.S. headquarters in New York. The company has over 500 employees around the globe.