Funding round
AlphaSense Series D
AlphaSense, which works in AI-Powered market intelligence solutions in New York, raised $100M in a Series D round announced on 11 Apr 2023, led by CapitalG, at a $1.80B post-money valuation. 3 firms took part. It is AlphaSense's fourth venture round on record; the one before was a Series C in Sep 2021.
$100M
Amount raised
$1.80B
Post-money valuation
$1.70B pre-money
3
Investors
1 lead
5.6%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced AlphaSense at $1.80B after the new money. The $100M bought investors about 5.6% of the company. It came 19 months after AlphaSense's Series C. It is 6.6% of the $1.51B AlphaSense has raised in the venture rounds on record. AlphaSense raised again 5 months later: a Series E round of $150M in Sep 2023, at $2.50B post-money.
AlphaSense's funding rounds
AlphaSense has 7 venture rounds on record. This one is highlighted.
- Growth 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 this round 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
CapitalG led the round with 2 other firms.
Lead investor
- CapitalG backs 70 venture-backed companies new investor
Also in the round
- backs 54 venture-backed companies new investor
- Goldman Sachs Asset Management’s growth equity business new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations, acquisitions and working capital.
- Product development
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
107 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was close to the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| ID.me Tech Companies | 11 Apr 2023 | $132M | not disclosed | Viking Global |
| Tech Companies | 7 Apr 2023 | $107M | not disclosed | e& Enterprise |
| Tech Companies | 18 Apr 2023 | $53M | not disclosed | B Capital |
| Tech Companies | 6 Apr 2023 | $50M | not disclosed | Headline |
| Tech Companies | 9 May 2023 | $100M | $800M | Hanaco |
| Tech Companies | 31 May 2023 | $93M | not disclosed | Energy Impact Partners and Sway Capital |
| Tech Companies | 25 May 2023 | $70M | not disclosed | Generation Investment Management |
| Tech Companies | 25 May 2023 | $70M | not disclosed | Insight Partners |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did AlphaSense raise in its Series D round?
AlphaSense raised $100M in its Series D round, announced in Apr 2023.
Who led AlphaSense's Series D round?
CapitalG led it, with Viking Global and Goldman Sachs Asset Management’s growth equity business.
What was AlphaSense's valuation at the Series D round?
$1.80B post-money ($1.70B pre-money).
How does it compare with other Series D rounds in Tech Companies?
107 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was close to the median.
Did AlphaSense raise again after this round?
Yes: a Series E round in Sep 2023 of $150M at $2.50B post-money.