The $930m acquisition will provide customers with a comprehensive combined public and private content offering, further cementing AlphaSense's leadership in market intelligence

AlphaSense, the market intelligence and search platform, unveils its acquisition of Tegus, a leading provider of expert research and financial data. This strategic move aims to enhance AlphaSense's platform with Tegus' extensive library of private company insights. Additionally, AlphaSense raises $650 million in funding to fuel its growth and expansion.

Empowering Smarter Decisions

Jack Kokko, CEO and Founder of AlphaSense, expresses excitement about the acquisition, emphasizing its significance in furthering the company's mission to empower professionals to make better decisions efficiently. By combining forces with Tegus, AlphaSense enhances its product suite and delivers comprehensive insights to users worldwide.

Tegus' Offerings

Tegus boasts a vast library of high-quality expert research covering 35,000+ public and private companies across various sectors. Additionally, its financial data offering, including financials, KPIs, and drivable models on 4,000+ public companies, adds unique offerings to AlphaSense's platform. Michael Elnick, Co-Founder and Co-CEO of Tegus, shares his excitement about joining forces with AlphaSense to empower clients in new and powerful ways.

Accelerating Growth and Innovation

AlphaSense and Tegus, both known for their commitment to innovation and quality content, are set to accelerate growth and expand their offerings. By leveraging their complementary capabilities, they aim to provide users with unparalleled access to insights from thousands of content sets.

Recent Milestones

The acquisition follows a series of significant milestones for AlphaSense, including being named to the 2024 CNBC Disruptor 50 list, exceeding $200 million in ARR, opening a new hub in Singapore, and securing significant investments in Series D and Series E funding rounds.

Closing Remarks

The transaction, expected to close in the third quarter of 2024, marks a pivotal moment for AlphaSense and Tegus. With a shared vision and commitment to innovation, they are poised to revolutionize the market intelligence landscape and empower professionals worldwide with actionable insights.