AlphaSense

Huge news! Today we announced that we’ve agreed to join forces with Tegus, a leading provider of expert research, unique private company content, and financial data and workflow tools. This transaction marks a significant milestone for us in our mission to help businesses and investors make better decisions with confidence and speed. Together, AlphaSense and Tegus will accelerate growth, innovation, and content expansion, bringing their complementary product and content capabilities together to enable our customers to unearth even more comprehensive insights from thousands of content sets. And that’s not all - as part of the deal, we’ve also raised a $650M funding round co-led by Viking Global Investors and BDT & MSD Partners, and joined by new investors, J.P. Morgan Asset Management, SoftBank Investment Advisers, Blue Owl Capital, Alkeon Capital, as well as existing investors Alphabet’s CapitalG and Goldman Sachs Alternatives. This brings our latest valuation to a whopping $4 billion. Read our press release for more information: https://lnkd.in/ePgpid4G

I’m thrilled to announce that AlphaSense and Tegus are joining forces! This transaction marks a pivotal moment for AlphaSense in our mission to help businesses and investors make better decisions with confidence and speed. Joining forces with the Tegus team and adding their top-quality content on public and private companies - and much much more - will enhance our ability to deliver even more comprehensive insights to all of our customers. I’ve really enjoyed getting to know the Tegus co-founders Michael Elnick and Thomas Elnick, and I could not be more excited to soon be building an incredible product together. Our businesses are aligned in mission and with complementary strengths – we’re going to create tons of value for customers together, and I can’t wait to share more about that soon. You can read more here: https://lnkd.in/dMrd_nXJ

Bloomberg just featured our exciting news to acquire Tegus, highlighting our latest $650M fundraise and $4B valuation, as part of our agreement! As the article shares, Tegus’ breadth of private company data will bring even more value to AlphaSense’s existing AI-based search engine and content library. We’re so excited to share more soon! Learn more about this investment, our new partners and how Tegus and AlphaSense will join forces to help customers make even better decisions with confidence and speed: https://lnkd.in/eqNTpnzX

Featured in Reuters: Along with our news announcing our agreement to join forces with Tegus, we’ve also raised $650 million in our latest funding round, increasing our valuation to $4 billion (up from $2.5 billion in September)! Learn more about this investment and our new partners, including BDT & MSD Partners, J.P. Morgan Growth Equity Partners, SoftBank Vision Fund 2 in this Reuters article. https://lnkd.in/eUx84CJY

We're thrilled to join forces with Tegus, a leader in expert research and financial data tools, expanding our offerings to customers!

Join us this Thursday where we're sponsoring Substantive Research Ltd's #UnbundlingUncovered conference in NYC! 📅 Date: June 13th, 2024 📍 Location: The Metropolitan Club, New York #UnbundlingUncovered reunites the North American investment research industry, featuring key panels that discuss regulatory alignment across regions, evolving research budgets and demand, AI potential and compliance concerns, and the integration of data and research for investment decision-making. Our Director of Broker Research, Chris Williams, will be on the panel: "The Integration of Data and Research – budgeting, sourcing and procuring across a wide range of inputs." Stop by our booth for a quick chat and discover why a majority of the S&P 500 and 75% of the top asset management firms use AlphaSense! Schedule time with us in advance: https://lnkd.in/es3XjXHR

Our team is thrilled to connect with you all at NIRI in just a few days! Feel free to stop by for a quick chat or schedule a meeting with us to meet in person. https://lnkd.in/eajwrf7J

While enterprise AI is facing some challenges, consumer AI is making strides! "The consensus is really for enterprise software with respect to AI, sort of starting to drive revenue in 2025. That's been pushed out already from this year...  Consumer AI has seemed to be easier to implement than enterprise AI" Michelle Brophy, Director of Technology, Media, and Telecommunications Research (TMT) at AlphaSense, shares her expert insights on current trends in this TMT roundup, discussing AI spend, digital advertising, and the future of streaming. Watch now ⤵ https://lnkd.in/eKDgfhRC

AlphaSense shifted into HyperDrive this week! Our Product Summit in Delhi, India, has brought together over 600 of our R&D team members from around the world to hear more about the wave of innovations and product releases coming this year. Here are some glimpses of the summit, including the fireside chat where our executive team shared their insights and vision for the future, an inspiring women's panel sharing their experiences and management styles while encouraging diversity, and some winners of our recent hackathon contest. Stay tuned for more updates!

Unlock the Future of Banking with Generative AI! Revolutionize your workflows, supercharge efficiency, and gain a competitive edge with genAI! From risk assessment to regulatory compliance monitoring, genAI is transforming the banking industry in exciting ways. As Gartner®️ notes, “Banking professionals can rapidly prototype and launch AI-integrated financial products, such as personalized investment platforms, using platforms such as Q and PartyRock from Amazon, Plaid, and AlphaSense. This agility enables banks to innovate unique business models, gaining a competitive edge in diverse market segments.” View the report for complimentary access to Gartner insights on genAI within the banking space. ⬇ https://lnkd.in/e8-yV24V