AlphaSense announced the closing of a $150 million Series E funding round led by BOND with participation from Goldman Sachs and CapitalG.
AlphaSense’s strong market position and continued growth owes to the recent boom in the AI sector. While consumer-facing generative AI models such as OpenAI’s ChatGPT and Anthropic’s Bard are designed to serve general purpose audiences, AlphaSense’s models combine strategic data points from both public and private analytics with a machine learning pipeline.
This allows AlphaSense’s “insights-as-a-service” platform to offer deep insights into business and finance analytics and provide actionable intelligence.In the crypto and blockchain world, platforms such as AlphaSense have the potential to go beyond the often dubious insights provided by generalized AI models such as ChatGPT.
Per a press release, AlphaSense CEO and founder Jack Kokko said the latest investment round would allow the company to stay at the forefront of the B2B generative AI sector: “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.”
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