AlphaSense Raises $350M, Surpasses $600M ARR
In a press release distributed via GlobeNewswire, AlphaSense announced a $350 million funding round that values the company at $7.5 billion, nearly double its prior $4 billion valuation, the release states. The company said it exceeded $600 million in annual recurring revenue in Q1 2026, up from $500 million in October 2025, according to the same release. The new round was led by Vitruvian Partners, Accenture Ventures, and J.P. Morgan Asset Management, with additional new investors including D.E. Shaw Ventures and Pinegrove Opportunity Partners and participation from existing backers such as CapitalG, Goldman Sachs Alternatives, and Viking Global Investors. The press release also describes a strategic channel partnership with Accenture. The Wall Street Journal reports that CEO Jack Kokko said an initial public offering is a possibility.
