AdvertisementAdvertisementBusinessAlphaSense logo is seen in this illustration taken February 16, 2025. REUTERS/Dado Ruvic/IllustrationAlphaSense logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration03 Jun 2026 08:02PM Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST June 3 : Market intelligence platform AlphaSense said on Wednesday it has raised $350 million at a valuation of $7.5 billion, nearly double that of its previous funding round.The round was led by Vitruvian Partners, Accenture Ventures, and J.P. Morgan Asset Management, with new investors including D. E. Shaw Ventures and Pinegrove Opportunity Partners.Founded in 2011, AlphaSense is an AI-powered platform that helps businesses and financial professionals analyze companies, markets, and industries using a wide range of sources such as research reports, regulatory filings, earnings call transcripts, and news.The funding highlights strong investor demand for AI-related companies, as businesses increasingly adopt artificial intelligence tools to improve productivity, automate workflows and analyze large volumes of data.Show MoreShow LessThe company's valuation has risen substantially from the $4 billion level reached in its 2024 funding round.New York-based AlphaSense surpassed $600 million in annual recurring revenue in the first quarter and has raised more than $1 billion to date.The company said the new investment will support its international expansion and scaling of its global customer support infrastructure.AlphaSense's customers include Adobe, Amazon.com, Microsoft, Nvidia, Pfizer and JPMorgan Chase.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST