AlphaSense gets $33 mln for financial search engine

AlphaSense, provider of the revolutionary AlphaSense search engine for financial professionals, today announced that it has secured $33 million in growth capital.

The funding round was supported by investors including Tribeca Venture Partners, Triangle Peak Partners, and Quantum Strategic Partners (a private investment vehicle managed by Soros Fund Management LLC), as well as notable individual investors such as Tom Glocer, formerly CEO of Thomson Reuters.

AlphaSense will use the new capital for product advancement and for accelerating its growth in serving its core investment research and corporate intelligence markets, as well as its expansion into new market verticals.

AlphaSense, founded in 2011 and led by CEO Jack Kokko provides, intelligent search and alerting capability across a vast library of disparate resources giving users an information edge. The AlphaSense search database covers clients’ in-house content alongside thousands of external sources, including more than 1,000 sell-side research providers, and company disclosures covering more than 35,000 public corporations.

The company works with more than 400 investment firms, banks and corporations globally.