AlphaSense raises $255 million at $1.7 billion valuation

AlphaSense raises $255 million at $1.7 billion valuation
Photo by Hitesh Choudhary / Unsplash

AlphaSense, a US and India-based platform offering AI-driven marketplace intelligence and insights for businesses has raised $255 million in its new funding round led by Goldman Sachs and Viking Global Investor, at a $1.7 billion valuation.

  • The fund will be used to develop its products, expand its content, promote strategic growth and transactions, and improve its customer support.
  • AlphaSense uses artificial intelligence (AI) and natural language processing (NLP) to extract insights from public and private content to help professionals make informed decisions.
  • The firm plans to expand its offices worldwide including its innovation hubs in Pune, Mumbai, and Delhi in India.