Announcing Our $225M Series D Led by Goldman Sachs & Viking Global

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We’re delighted to announce our $225 million Series D financing round, led by Goldman Sachs and Viking Global, preeminent investors who previously led our Series C last September. This round also includes a substantial debt investment from BlackRock, the world’s largest asset manager.

This news was first featured in TechCrunch, and I’m honored to be joined in the article by our lead investor, Goldman Sachs. The article talks about how in the face of uncertainty and rapid change in the marketplace—as we are all seeing this year—research, insights, and simply, more information, are all in demand more than ever.

For AlphaSense, 2022 has already proven to be a transformative year, with some exciting recent milestones:

  • This Series D round values AlphaSense at $1.7 billion, which is nearly double our Series C valuation less than a year ago.
  • Our annual recurring revenue now exceeds $100 million, putting us in rarified company. According to recent research from Bessemer, only 150 of the private SaaS/Cloud companies they track have hit this mark. With an ARR over $100 million and a valuation above $1 billion, we are now what they coined a “centaur”—7x more rare than a mere “unicorn”.
  • User and customer base both more than doubled in the past year. Our 3,500+ customers now include over 78% of the S&P 100, 97% of the Dow 50, 70% of the top asset management firms and banks, and leading companies across almost all industries.
  • With the recent acquisitions of Stream and Sentieo, we’ve now crossed 1,000 employees, with offices in the U.S., U.K., Finland, India, Germany, and remote employees all over the world.

I am especially proud of the monumental achievement of these milestones despite the current equity market dynamics. This achievement not only cements our leadership position in the market intelligence space, but also speaks volumes about the level of dedication, hard work, and innovation demonstrated by each and every member of our team to achieve this kind of momentum.

I would like to extend a special thank you to the new additions to our team following the acquisitions of Stream in October 2021 and Sentieo last month. I am excited to have you all aboard with us on this journey.

I want to also express gratitude to our customers for being an integral part of the AlphaSense story. Our customers are what make these milestones possible, and we look forward to a great partnership for years to come. With this new investment, we will further invest in fueling product development, expanding our content sets and growing our team to support our rapidly expanding customer base—all in an effort to deliver the best-in-class customer experience and support to you and your organization.

The future is incredibly bright, and this Series D fundraise is one big step forward in our mission to help the world’s leading companies make critical decisions with confidence and speed. That said, we’re just getting started!

Read the full press release here.

If you’re excited about our mission and our future, I would love for you to join us. See our open roles on our careers page.

Jack Kokko
Jack Kokko

Jack Kokko is the CEO and founder of AlphaSense, the search engine for market intelligence. His mission is to leverage AI to help businesses acquire information more efficiently, and make better decisions more quickly and confidently.

Read all posts written by Jack Kokko