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[Press Release] AlphaSense Acquires Sentieo
May 11, 2022
3 min read
AlphaSense and Sentieo are pleased to announce today that AlphaSense has completed its acquisition of Sentieo, the financial intelligence platform specifically designed for the research needs of investors. The combination marks two strong teams joining forces to deliver even more innovation to the market. Sentieo will operate under its current management as a wholly owned subsidiary of AlphaSense.
Since 2011, AlphaSense has been the leading innovator in market intelligence and search, with a rapidly expanding customer base of thousands of enterprise customers, including the majority of S&P 500 companies, most of the largest investment firms and global banks, all of the largest 20 pharmaceutical companies, and leading companies across wide-ranging industries such as energy, industrials, consumer goods, and technology. In October 2021, AlphaSense announced its acquisition of Stream, a leading expert transcript library, delivering unique insights from business operators in the trenches and today used by a rapidly growing portion of AlphaSense customers across all sectors.
Sentieo is an award-winning financial research engine designed for investors, used by over 1,000 customers, including 800 institutional investment firms. Leveraging innovative machine learning and natural language processing capabilities, Sentieo’s platform and workflow capabilities enable fund managers to more easily locate key information, share findings, collaborate, and streamline investment research workflows. Given Sentieo’s focus as a powerful financial intelligence platform designed for investors, the acquisition will result in AlphaSense further cementing its position as the leading innovator serving the financial sector.
“With our acquisition of Sentieo, we are excited to accelerate our shared mission to deliver market-leading technology and insights that enable knowledge professionals to make critical decisions with confidence and speed,” said Jack Kokko, co-founder and CEO of AlphaSense. “We have been impressed by what the Sentieo team has built and their strong technical capability, innovation, and customer focus. We are excited to join forces, and I am confident that this partnership will help us both significantly improve the value we provide to our customers and the innovation we deliver to the whole industry.”
Both companies’ customers will continue to receive the same products and services as before. Over time each will be augmented with additional functionality and content based on the companies’ collective capabilities. The acquisition allows AlphaSense to further accelerate product development based on the combined strengths of two of the industry’s most innovative development teams.
“Speaking on behalf of the entire Sentieo team, we are excited to be a part of AlphaSense. We have a shared mission, shared values, and a shared product-led mindset that will empower us to provide even more innovative solutions to the market together,” said David Lichtblau, CEO of Sentieo.
“Jack and his team have built a world-class company that is pioneering the field of market intelligence,” continued Alap Shah, chairman and co-founder of Sentieo. “We are thrilled to continue to drive the industry forward with cutting-edge technology and workflow solutions as our two great companies join and grow together.”
Media contact: email@example.com
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