AlphaSense Raises $650 Million in Funding
AlphaSense, a New York-based market intelligence and search platform, raised $650 million in funding at a $4 billion valuation.
AlphaSense, a New York-based market intelligence and search platform, raised $650 million in funding at a $4 billion valuation.
The company also announced its agreement to acquire Tegus, a prominent provider of expert research, private company content, and financial data.
Investors
The round was co-led by Viking Global Investors and BDT & MSD Partners, and joined by new investors J.P. Morgan Growth Equity Partners, SoftBank Vision Fund 2, Blue Owl, Alkeon Capital, as well as existing investors Alphabet's CapitalG and Goldman Sachs Alternatives.
Viking Global Investors LP is a global investment firm managing more than $48 billion of capital. Founded in 1999, the firm employs a fundamentals-driven investment approach across public equity, private equity, and credit and structured capital strategies.
BDT & MSD Partners is a merchant bank with an advisory and investment platform built to serve the distinct needs of business owners and strategic, long-term investors. The firm is co-headquartered in Chicago and New York City.
About AlphaSense
Founded in 2011 by Jack Kokko and Raj Neervannan, AlphaSense provides a market intelligence and search platform designed to empower business and financial professionals with comprehensive, AI-driven insights. With market intelligence and search built on proven AI, AlphaSense delivers insights that matter from content you can trust. Its platform is trusted by over 4,000 enterprise customers, including a majority of the S&P 500. AlphaSense is headquartered in New York City with over 1,300 people across the globe and offices in the U.S., U.K., Finland, India, and Singapore.
Funding Details
Company: Alphasense, Inc.
Raised: $650.0M
Round: Unknown
Funding Month: June 2024
Lead Investors: Viking Global Investors, BDT & MSD Partners
Additional Investors: J.P. Morgan Growth Equity Partners, SoftBank Vision Fund 2, Blue Owl, Alkeon Capital, Alphabet's CapitalG, Goldman Sachs Alternatives
Company Website: https://www.alpha-sense.com/
Software Category: Market Intelligence and Search
