We are thrilled to see Alphabet’s CapitalG leading the latest round in our portfolio Co AlphaSense to accelerate their global platform adoption and advancements in their AI technology as they prepare for an IPO when the markets open.

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AlphaSense: The Emerging Leader in AI-Enabled Market Intelligence  – CapitalG
“We’re excited to announce CapitalG’s investment in AlphaSense, the emerging leader in market intelligence and research. AlphaSense is disrupting the way knowledge professionals discover the data and insights their companies need to make strategic decisions more confidently.

AlphaSense Raises $100 Million Led By Alphabet’s CapitalG – Entrepreneur
In addition to expanding value to customers through R&D, the new capital also furthers AlphaSense’s capacity to make strategic acquisitions that expand its platform capabilities and increase the value it delivers to customers.

Alphabet’s A.I. frenzy hits startup scene as CapitalG unit leads $100 million investment in AlphaSense

  • Alphabet’s CapitalG led a $100 million funding round in AlphaSense at a $1.8 billion valuation.
  • AlphaSense competes with financial data companies like Bloomberg and FactSet.
  • The money will, in part, help AlphaSense incorporate large language models into its products.

AlphaSense CEO Jack Kokko joins Caroline Hyde and Ed Ludlow to discuss how Alphabet’s independent growth fund CapitalG led a $100M round in the AI-driven market intelligence and B2B research platform at a $1.8 billion valuation >>> WATCH HERE

AlphaSense the leading AI powered market intelligence and research platform announced it has raised $100 million in a fresh round of funding backed by Alphabet’s venture capital arm CapitalG that valued the market intelligence platform at $1.8 billion.

“We’re honoured to partner with CapitalG through this financing and to be recognized for our leadership in AI-driven search capabilities for the business world. Every company’s enterprise value is a cumulative sum of the decisions they make – and our mission is to improve strategic decision-making for businesses worldwide. 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,” said Jack Kokko, CEO and founder of AlphaSense..

The current round is a $100 million addition to its $225 million Series D financing round at a $1.8 billion valuation through new investments by CapitalG, Alphabet’s independent growth fund, and existing investors, including the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs) and Viking Global Investors. This investment will fuel the continued deployment of AlphaSense’s advanced AI capabilities, including generative AI that dramatically speeds up the research process for business and financial professionals. In addition to expanding value to customers through R&D, the new capital also furthers AlphaSense’s capacity to make strategic acquisitions that expand its platform capabilities and increase the value it delivers to customers.

New York-based AlphaSense said it will use the funds to further its advanced artificial intelligence capabilities. Last year, the company was valued at $1.7 billion after raising $225 million.

AlphaSense helps its customers extract relevant information from a trove of public and private content such as equity research, earnings calls, company filings and news.