Deals
Market Data Firm AlphaSense Valued at $4 Billion in Fundraise
- Firm raised $650 million in funding round led by Viking, BDT
- Funding secured as part of deal to buy data provider Tegus
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The market-research startup AlphaSense was valued at $4 billion as part of a recent fundraising round that will help it pay for a $930 million takeover of the data provider Tegus.
AlphaSense has raised $650 million in a funding round co-led by Viking Global Investors and BDT & MSD Partners. New investors including J.P. Morgan Growth Equity Partners and SoftBank Vision Fund 2, as well as existing investors Alphabet Inc.’s CapitalG and Goldman Sachs Alternatives, participated, the New York-based company said in a statement Tuesday.