Announcements | Portfolio Updates
AlphaSense Announced a $100 Million Investment and the Launch of New AI Capabilities
Apr 12, 2023
We are happy to announce that Vendep Capital’s portfolio company AlphaSense, the first unicorn from our portfolio, has announced a $100 million extension to their Series D financing round, led by CapitalG, Alphabet’s independent growth fund, and existing investors, including Goldman Sachs and Viking Global.
This news was first featured by CNBC. In his blog post the Co-Founder and CEO Jack Kokko said that he’s pleased that the CNBC article highlights how this funding will further fuel the investment in the company’s product roadmap, including industry-leading AI capabilities.
Vendep Capital’s co-founder Hannu Kytölä was the first investor in AlphaSense in 2009. Since then Vendep’s funds have invested in the Seed (2013), Series A (2015) and Series B (2019) financings.
“We made our first investment in AlphaSense a decade ago. It’s been incredible to witness their evolution and rise as a leader in AI-driven search for businesses. We are proud to have been part of this journey and excited to continue supporting the whole team at AlphaSense and their vision for the future,” Sakari Pihlava, General Partner at Vendep Capital comments.
ABOUT ALPHASENSE
AlphaSense is a market intelligence platform used by the world’s leading companies and financial institutions. Since 2011, our AI-based technology has helped professionals make smarter business decisions by delivering insights from an extensive universe of public and private content—including company filings, event transcripts, expert call transcripts, news, trade journals, and equity research. Our platform is trusted by over 3,500 enterprise customers, including a majority of the S&P 500. Headquartered in New York City, AlphaSense employs over 1,000 people across offices in the U.S., U.K., Finland, Germany, and India. For more information, please visit www.alpha-sense.com.
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