en.Wedoany.com Reported - Market intelligence company AlphaSense has announced the completion of a $350 million funding round, bringing its valuation to $7.5 billion—nearly double its $4 billion valuation in 2024. The round was led by Vitruvian Partners, Accenture Ventures, and J.P. Morgan Asset Management, with participation from new investors D. E. Shaw Ventures and Pinegrove Opportunity Partners. Existing investors CapitalG, Goldman Sachs Alternatives, and Viking Global Investors also continued to follow on.
The New York-based company stated that the funds will be used to further invest in its AI platform, proprietary content library, international expansion, and customer support operations. The company reported that its annualized recurring revenue exceeded $600 million in the first quarter of 2026, up from $500 million in October 2025. The latest funding round brings its total funding well past $1 billion.
"This milestone reflects both the accelerating global adoption of our platform and a broader shift in the market intelligence landscape—from fragmented information to end-to-end AI-driven workflows," said Jack Kokko, founder and CEO of AlphaSense. He emphasized that the company views the public market as a potential future step, stating, "Our focus remains on execution, and while we cannot comment on specific (IPO) timing, we believe the public market is a natural path in AlphaSense's growth journey."
Founded in 2011, AlphaSense sells an AI-powered market intelligence platform that sources data from research reports, regulatory filings, earnings call transcripts, and news. The company said the new capital will accelerate investments in its AI platform and proprietary content library, which now encompasses over 500 million business documents. The company also launched SuperAnalyst, an always-on AI agent designed to execute financial and strategic workflows for users. Currently, more than 7,000 global enterprises rely on its platform, with clients including Adobe, Amazon, American Express, Cisco, Microsoft, Nvidia, Pfizer, Salesforce, and JPMorgan Chase. The company also serves over 70% of S&P 500 companies and nearly all of the world's largest financial institutions.
As part of Accenture Ventures' investment, Accenture will become AlphaSense's first strategic channel partner. The collaboration will focus on building AI market intelligence and workflow automation within client organizations' agentic systems. "Trusted data is the foundational currency of the modern enterprise," said Manish Sharma, Chief Strategy and Services Officer at Accenture.
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