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AlphaSense secures $100m

by Matthias Plötz 18 April 2023

In an extension of its series-D funding round, market intelligence research platform AlphaSense has received an additional $100m investment from CapitalG, the independent growth fund of Google parent Alphabet.

This increases the overall investment received from the company’s series-D funding round to $335m. Existing investors include Goldman Sachs and Viking Global.

According to Jack Kokko, CEO at AlphaSense, the new funds will be deployed to develop the company’s product roadmap and AI capabilities.

The company aims to streamline information discovery by consolidating sources of content into one platform, supported by AI technology.

To this end, it aggregates more than 10,000 data sources as well as qualitative and quantitative company and industry information.

Categories: NewsOutsourcingIT & cyber securityTechnologyData roomTech providers

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