AlphaSense raises $180 mn in Series C funding

• ByManjeet Singh     |    October 1, 2021

AlphaSense which is one of the leading market intelligence and search platforms has announced that it raised a $180 million funding in Series C round led by Viking Global Investors and the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), joined by Morgan Stanley, Citi, Bank of America, Barclays, Wells Fargo Strategic Capital, Cowen Inc., and AllianceBernstein, as well as existing investors.

New York-headquartered company, which also has innovation hubs in Mumbai and Pune, has a global presence. According to Raj Neervannan, co-founder and chief technology officer of AlphaSense, AlphaSense is the choice of global brands such as 3M, SAP, and Siemens for its market intelligence platform and business search engine. He says, ‘’With investment from the world’s leading financial institutions, we are aggressively working towards expanding our India operations. In the next two years, we intend to scale the research and development of our platform, and a huge contributor to this will be the doubling of our innovation hub in Pune and Mumbai.”

Based on AI and natural language processing, AlphaSense’s technology extracts insights from an extensive universe of public and private content, including more than 10,000 premium business sources. With confidence and speed, professionals can make critical decisions to improve business performance and results. 

AlphaSense recently announced the expansion of Wall Street Insights (WSI), which brings together research and proprietary technology under one platform and provides content from the world’s top analyst teams.

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