AlphaSense, a business-to-business artificial intelligence (AI) platform, specialising in business intelligence and search, announced the completion of a $150 million Series E funding round. It is believed that the funding was led by Bond and joined by , CapitalG CapitalG, Google parent company Alphabet’s investment arm, Goldman Sachs and Viking Global, among others.
“Today, we are incredibly proud to announce a $150 millionSeries E funding round led by the iconic@bondcap, bringing our valuation to $2.5 billion,” AlphaSense tweeted.
Sources revealed that the latest round saw the company’s valuation increased from $1.7 billion, to about $225 million during its Series D in June of 2023, to $2.5 billion, Cointelegraph added.
Furthermore,“The additional capital allows us to invest strategically, so we can continue to lead the generative AI revolution in our market, and deliver on our mission of helping businesses find the right data and insights to support more confident and agile decision-making. We are building the future of market intelligence, and we are proud to continue revolutionizing search for enterprise customers,” Jack Kokko, AlphaSense CEO,founder, concluded.
(With insights from Cointelegraph)