More Funds for B2B Intel Platform AlphaSense

Market intelligence platform AlphaSense has raised $100m as an add-on to its 2022 $225m Series D financing round, which it will use for continued deployment of advanced AI capabilities that speed up the research process for business and financial professionals; and for acquisitions.

New York-based AlphaSense has developed technology using AI and natural language processing to extract insights from public and private content. This includes from more than 10,000 business sources, and documents such as SEC filings, broker research, earnings call transcripts, private company data, newspapers, trade journals and internal company data.

The add-on funding comes from new investments made by CapitalG, as well as from existing investors, including the Growth Equity business within Goldman Sachs Asset Management and Viking Global Investors. Jack Kokko (pictured), CEO and founder of AlphaSense, comments: 'With the big leaps we are taking with AI to deliver even more precise data and insights to our customers, I am more excited than ever by our product roadmap and business momentum. This financing and partnership will help accelerate that even further'.

Web site: www.alpha-sense.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.