AlphaSense, a NYC-based provider of a market intelligence and search platform, raised $150M in Series E funding at a $2.5 Billion valuation.
The round was led by BOND, with participation from existing investors including Alphabet’s CapitalG, Viking Global Investors, and Goldman Sachs.
The company intends to use the funds to expand its enterprise solution, AI search capabilities, purpose-built market intelligence and financial LLMs, and GenAI capabilities. This expanded product offering empowers professionals to monitor and extract insights from internal and external content through AI-powered search, summarization, and chat capabilities. The fundraise will also be used to grow its collection of searchable business content and make strategic acquisitions that expand its platform capabilities and increase the value it delivers to customers.
Led by Jack Kokko, CEO and Founder, AlphaSense provides a market intelligence and search platform used by professionals at companies and financial institutions 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.
AlphaSense employs over 1,000 people across offices in the U.S., U.K., Finland, Germany, India, and Singapore.
FinSMEs
28/09/2023