Posts

Showing posts with the label alphasense

AlphaSense, an AI company backed by Google and Goldman Sachs, raises $150M at a $2.5B valuation.

Image
AlphaSense has broadened its client base to encompass the majority of companies within the S&P 500 index and virtually every enterprise featured in the Dow 50. AlphaSense, a business-oriented artificial intelligence (AI) platform specializing in business intelligence and search capabilities, has proudly announced the successful conclusion of a $150 million Series E funding round. This pivotal funding round was spearheaded by Bond and boasted participation from Google’s parent company, Alphabet’s investment arm, CapitalG, in addition to esteemed financial institutions like Goldman Sachs and Viking Global. In this latest funding round, the company ’s valuation has surged from $1.7 billion, which was its appraisal when it secured $225 million in its Series D funding round in June 2023, to an impressive $2.5 billion. AlphaSense ’s robust market positioning and sustained growth can be attributed to the recent surge in the field of artificial intelligence. Whi...