AlphaSense, an AI-powered market intelligence platform, has raised $150 million in Series E funding, led by Bond, bringing its valuation to $2.5 billion.
Facts
- AlphaSense raised $150 million in its Series E funding round, led by Bond and joined by existing investors like Alphabet’s CapitalG, Viking Global Investors, and Goldman Sachs.
- Founded in 2011, AlphaSense is based in New York, USA, and utilizes AI technology to provide valuable insights from a vast range of public and private content, including equity research, company filings, news, and more.
- AlphaSense boasts over 1,000 employees across the US, UK, Finland, Germany, India, and Singapore, serving more than 4,000 enterprise customers, including a majority of the S&P 500.
- Jack Kokko, the CEO and founder of AlphaSense, sees this capital infusion as a means to further their leadership in generative AI and support businesses in making confident and agile decisions.
- AlphaSense plans to use the funding to expand its AI and generative AI search capabilities, grow its content base, and pursue strategic acquisitions, following a previous $100 million Series D funding round led by Alphabet’s CapitalG.
