AlphaSense raises $650M at $4B valuation

AlphaSense raises $650M at $4B valuation, agrees to acquire rival Tegus in $930M deal – SiliconANGLE

AlphaSense raises $650M at $4B valuation, agrees to acquire rival Tegus in $930M deal – SiliconANGLE

Market intelligence platform AlphaSense Inc. said today it has raised $650 million in funding, bolstering its valuation to $4 billion, and agreed to buy rival firm Tegus Ltd. in a deal valued at $930 million. The funding round follows a $150 million raise in September 2023 that valued the company at $2.5 billion. The current fundraise was co-led by investment firm Viking Global Investors and American merchant bank BDT & MSD Partners, with participation from new investors J.P. Morgan Growth Equity Partners, SoftBank Vision Fund 2, Blue Owl, Alkeon Capital, and existing investors Alphabet Inc.’s CapitalG and Goldman Sachs Alternatives. Based in New…
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