Framing Analysis
AlphaSense completed a $350 million funding round announced June 3 that values the company at $7.5 billion. The round was led by Vitruvian Partners, Accenture Ventures, and J.P. Morgan Asset Management, with participation from D.E. Shaw Ventures and Pinegrove Opportunity Partners. The company, founded in 2011, reports more than $600 million in annual recurring revenue and counts Adobe, Amazon, Microsoft, Nvidia, Pfizer, and JPMorgan Chase among its customers.