The investment is part of AlphaSense’s $150-million Series E financing around at a $2.5-billion valuation announced in September 2023, which was anchored by BOND, and joined by existing investors including Alphabet’s CapitalG, Viking Global Investors, and Goldman Sachs Asset Management.
AlphaSense is a market intelligence and search platform used by the world’s leading companies and financial institutions. Since 2011, its AI-based technology has helped professionals make smarter business decisions by delivering insights from an extensive universe of public and private content—including equity research, company filings, event transcripts, expert calls, news, trade journals, and clients’ own research content.
The company said more than 4,000 enterprise customers across the globe use its platform, representing the region’s most influential sectors, including Grab, ByteDance, Woodside Energy, BHP Group, and GIC Private Limited.
Headquartered in New York City, AlphaSense employs over 1,000 people across offices in the U.S., U.K., Finland, India, and Singapore.
On the heels of announcing a new regional hub in Singapore and as part of its continued commitment to building a dedicated presence in the region, AlphaSense also announced the hiring of APAC Regional Director, Mark Leadercramer, who is based in Singapore and will lead the strategic direction and local execution of AlphaSense’s enterprise growth in the region.
Leadercramer was previously the Head of Enterprise Sales for Stripe in Southeast Asia, and served as General Manager of South APAC at Mintel, a global market intelligence agency.
“EDBI’s investment reinforces our leadership in revolutionizing AI and search for enterprise businesses around the world,” said Kiva Kolstein, President and Chief Revenue Officer of AlphaSense. – AsiaTechDesk.com