New York-based AI-driven market intelligence platform AlphaSense secured $100M in fresh funding led by CapitalG — Alphabet's independent growth fund — at a $1.8B valuation.
The fundraising is an add-on to the firm's $225M Series D round in June 2022 at a $1.7B valuation.
- Incoming
funds will help the firm accelerate its deployment of advanced AI
technology, including generative AI tools, and back strategic
acquisitions.
- AlphaSense acquired financial intelligence platform Sentieo in 2022 and interview transcripts firm Stream in 2021.
- The firm has raised over $620M in total funding to date.
- Existing backers Goldman Sachs Asset Management and Viking Global Investors participated in the current funding round.
- Notable previous backers include BlackRock, Quantum Strategic Partners, and Tribeca Venture Partners.
