AlphaSense, a New York-based provider of a market intelligence and search platform, raised $100M in additional Series D funding.
The round, which brought the total of Series D to $225M, included participation from CapitalG, and existing investors including the Growth Equity business within Goldman Sachs Asset Management and Viking Global Investors.
The company intends to use the funds to consolidate its position in AI-driven market intelligence and B2B search market, and further its capacity to make acquisitions that expand its platform capabilities and increase the value it delivers to customers. Examples of acquisitions include Stream, a provider of a library of interview transcripts (2021), and Sentieo, a financial intelligence platform (2022).
Led by Jack Kokko, CEO and Founder, AlphaSense is a market intelligence and search platform used by companies and financial institutions. Since 2011, the AI-based technology has enables professionals to make smart business decisions by delivering insights from an extensive universe of public and private content—including equity research, company filings, event transcripts, expert calls, news, trade journals, and clients’ own research content. The company serves 4,000 enterprise customers, which now include the majority of the S&P 500, nearly all of the world’s largest banks, investment firms, and consultancies, and leading companies in wide-ranging industries such as life sciences, energy, industrials, consumer goods, and technology.
AlphaSense employs over 1,000 people across offices in the U.S., U.K., Finland, Germany, and India.
FinSMEs
13/04/2023