Posted 4/9/2024, 12:00:00 PM
AlphaSense Hits $200M Revenue, Eyes IPO As Generative AI Fuels Growth
- AlphaSense is an AI-powered research platform used by corporations and investors, with over 4,000 customers paying $10k-$20k per year
- The company recently hit $200M in annual recurring revenue, doubling ARR since summer 2022
- Generative AI advances are driving interest and new capabilities on the platform
- AlphaSense raised $250M in funding last year from investors like Goldman Sachs and CapitalG
- The CEO plans to take the company public at some point, but is not in a rush given latest funding round