How Much Did AlphaSense Raise? Headquarters, Funding & Key Investors

AlphaSense has raised a total of $1.39 billion across multiple funding rounds, with the most recent being a $650 million Series F round in June 2024, led by BDT & MSD Partners and Viking Global Investors, at a $4 billion valuation. Founded in 2008 and headquartered in New York, the AI-powered platform aggregates market intelligence from SEC filings, broker research, and conference calls. Previous funding rounds include $33M Seed (2016), $50M Series B (2019), $28M Debt (2020), $180M Series C (2021), $225M Series D (2022), $100M Series D Second (2023), and $150M Series E (2023), supporting AI expansion.

How Much Did AlphaSense Raise? Funding & Key Investors

AlphaSense has raised significant capital across multiple funding rounds, backed by leading investors such as CapitalG, Viking Global Investors, and Bond. The platform leverages AI to provide market intelligence, enabling financial, life sciences, and telecom professionals to make informed decisions efficiently.

What Is AlphaSense and What Does It Do?

AlphaSense, founded in 2008 by Jack Kokko and Raj Neervannan, is headquartered in New York, New York. The company offers an AI-powered market intelligence platform that aggregates data from SEC filings, broker research, investor presentations, and conference call transcripts. Its features include AI chat assistants, competitor monitoring, summaries, analytics, and collaboration tools.

With a team of 1001-5000 employees, AlphaSense serves nearly 2,000 enterprise clients, including a majority of the S&P 500. Its solutions are widely used for competitive intelligence, due diligence, and market landscaping.

How Much Funding Has AlphaSense Raised?

1. Seed Round

Amount Raised: $33M
Date: March 2016
Lead Investors: Quantum Strategic Partners, Tribeca Venture Partners
Motivation: To expand the company's market intelligence capabilities and grow its customer base.

2. Series B

Amount Raised: $50M
Date: July 2019
Lead Investors: Innovation Endeavors
Motivation: To enhance AI-driven market intelligence features and expand into new markets.

3. Debt Financing

Amount Raised: $28M
Date: January 2020
Lead Investors: Not disclosed
Motivation: To support operational expenses and further technological development.

4. Series C

Amount Raised: $180M
Date: September 2021
Lead Investors: Goldman Sachs Asset Management, Viking Global Investors
Motivation: To scale the platform and increase market penetration.

5. Series D

Amount Raised: $225M
Date: June 2022
Lead Investors: Goldman Sachs Asset Management, Viking Global Investors
Motivation: To expand AI capabilities and enhance market intelligence offerings.

6. Series D (Second)

Amount Raised: $100M
Date: April 2023
Lead Investors: CapitalG
Motivation: To enhance AI capabilities and support business growth.

7. Series E

Amount Raised: $150M
Date: September 2023
Lead Investors: Bond
Motivation: To support expansion and technological advancements.

8. Series F

Amount Raised: $650M
Date: June 2024
Lead Investors: BDT & MSD Partners, Viking Global Investors
Motivation: To acquire Tegus and integrate its data into AlphaSense's platform.

Total Funding Raised: $1.39 Billion

Current Valuation: $4 Billion (as of June 2024)

Latest Funding Date: June 2024

Key Investors

1. Viking Global Investors

Details: Global investment firm managing capital for institutions and qualified individuals. Founded in 1999.
Investment Focus Areas: Technology, healthcare, consumer goods.
Notable Investments: Valsoft Corporation, Cloudbeds, Viking Therapeutics Inc.

2. BDT & MSD Partners

Details: Partnership between BDT Capital Partners and MSD Partners, focusing on long-term investments in family and founder-led businesses.
Investment Focus Areas: Private equity, advisory services, long-term investments.
Notable Investments: Auberge Resorts Collection, IMA Group SpA, Alliance Laundry Systems LLC.

3. CapitalG

Details: Growth equity investment arm of Alphabet Inc., leveraging Google’s resources to help portfolio companies grow.
Investment Focus Areas: Technology, AI, data analytics.
Notable Investments: Stripe, Lyft, Duolingo.

4. Goldman Sachs Asset Management

Details: The Division of Goldman Sachs provides investment and advisory services across asset classes.
Investment Focus Areas: Private equity, real estate, and infrastructure.
Notable Investments: Navina, DataStax, SingleStore.

5. Bond

Details: Venture capital firm investing in high-growth technology companies, founded by former Kleiner Perkins partners.
Investment Focus Areas: Technology, consumer internet, enterprise software.
Notable Investments: Checkr, Sentry, ClickHouse.

Where Is AlphaSense’s Headquarters?

AlphaSense is headquartered in New York, New York, a global hub for finance and technology. The location provides access to top talent, enterprise clients, and financial markets, which are essential for market intelligence and data-driven insights.

What’s Next for AlphaSense?

AlphaSense is poised for continued growth following the acquisition of Tegus, which will integrate private company data into its platform. The Series F funding will support expansion into new markets, including APAC, and further development of AI-driven analytics.

Key challenges include integrating Tegus’ data efficiently and maintaining competitive differentiation in a rapidly evolving market. With strong investor backing and enterprise adoption, AlphaSense is positioned to continue scaling its platform globally.

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