Funding round
AlphaSense Growth
Reported as "Growth Equity"
AlphaSense, which works in AI-Powered market intelligence solutions in New York, raised $33M in a Growth round announced on 8 Mar 2016. 3 firms took part. It is AlphaSense's first venture round on record.
$33M
Amount raised
Not disclosed
Post-money valuation
3
Investors
no lead named
Valuation
What this round says about the price
AlphaSense did not disclose a valuation in this round. It is AlphaSense's first venture round on record, 5 years after it was founded in 2011. It is 2.2% of the $1.51B AlphaSense has raised in the venture rounds on record. AlphaSense raised again 40 months later: a Series B round of $50M in Jul 2019. Its next priced round, a Series D in Apr 2023, valued it at $1.80B.
AlphaSense's funding rounds
AlphaSense has 7 venture rounds on record. This one is highlighted.
- Growth this round 8 Mar 2016 $33M
- Series B 17 Jul 2019, led by Innovation Endeavors $50M
- Series C 30 Sep 2021, led by Viking Global and Goldman Sachs Asset Management $180M
- Series D 11 Apr 2023, led by CapitalG $100M$1.80B post-money
- Series E 28 Sep 2023, led by BOND $150M$2.50B post-money
- Growth 11 Jun 2024, led by Viking Global and BDT & MSD Partners $650M$4.00B post-money
- Growth 3 Jun 2026, led by Vitruvian Partners, Accenture Ventures and J.P. Morgan Asset Management $350M$7.50B post-money
Investors
Who put money in
3 firms took part; no lead investor was named.
Investors
- backs 39 venture-backed companies new investor
- backs 18 venture-backed companies new investor
- Quantum Strategic Partners new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion and scaling operations.
- Product development
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
73 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $30M, and this round was close to the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 1 Mar 2016 | $100M | not disclosed | not named |
| Tech Companies | 29 Mar 2016 | $33M | not disclosed | Z Venture Capital |
| Tech Companies | 22 Mar 2016 | $30M | not disclosed | FTV Management Company |
| Tech Companies | 15 Mar 2016 | undisclosed | not disclosed | not named |
| Tech Companies | 17 Feb 2016 | $76M | not disclosed | FTV Management Company |
| Tech Companies | 6 Apr 2016 | $50M | not disclosed | not named |
| Tech Companies | 29 Feb 2016 | $35M | not disclosed | UPMC |
| Tech Companies | 24 Feb 2016 | $30M | not disclosed | Cathay Innovation |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did AlphaSense raise in its Growth round?
AlphaSense raised $33M in its Growth round, announced in Mar 2016.
Which investors took part in AlphaSense's Growth round?
Tribeca Venture Partners, Triangle Peak Partners and Quantum Strategic Partners.
What was AlphaSense's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Tech Companies?
73 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $30M, and this round was close to the median.
Did AlphaSense raise again after this round?
Yes: a Series B round in Jul 2019 of $50M.