AlphaSense Exceeds $400 Million ARR With AI and Private Content Growth

Momentum and rapid growth continue for the Market Intelligence Leader as it achieves key mileposts on revenue, customers, product innovation, and industry recognition

AlphaSense, the leading AI-powered market intelligence and search platform, announced it has exceeded $400 million in annual recurring revenue (ARR), more than doubling its ARR since announcing it reached $200 million in April 2024. This success is driven by its growing customer base that has reached more than 6,000 customers—including 88% of the S&P 100—all of whom rely on AlphaSense for its cutting-edge AI technology to gain deeper insights, make data-driven decisions, and stay ahead of market trends. With its innovative platform, AlphaSense continues to empower businesses across industries—including leading financial institutions—to accelerate growth, streamline operations, and enhance strategic decision-making.

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“We are at a tipping point where AI-driven insights are no longer a luxury but a necessity—every company’s market value is the sum of the decisions it makes,” said Jack Kokko, CEO and Founder of AlphaSense. “Surpassing $400 million in ARR and our rapid growth are clear signals that businesses are recognizing the transformative power of our end-to-end market intelligence platform. As we scale, our focus remains on product and technology innovation, ensuring we deliver high-value solutions and cutting-edge AI and smart workflow capabilities to our customers.”

Market Momentum & Strategic Expansion

AlphaSense’s record-breaking growth follows a series of strategic moves, including its landmark $930 million acquisition of Tegus in June 2024, the market’s leading expert interview library covering more than 35,000 public and private companies, with over 150,000 transcripts of investor-led expert interviews. This acquisition combined AlphaSense’s market-leading search and Generative AI technology with the market’s top private content library, giving clients access to a vast source of essential insights on the range of companies and industries that matter to their decision-making.

With a total of 450 million searchable documents—including all equity research, event transcripts, expert interviews, company filings, news, and trade journals—AlphaSense equips decision-makers with unparalleled market insights, all powered by advanced AI technology. World leading organizations, including Adobe, Amazon, American Express, Cisco, Nvidia, Microsoft, Pfizer, Salesforce, Nestlé, and JPMorgan, continue to turn to AlphaSense to redefine how businesses access and leverage market intelligence.

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In addition to being trusted by customers, AlphaSense also celebrated a landmark year of achievements in 2024, including record-breaking industry and individual award wins from prestigious organizations such as CNBC, Fast Company, Fortune, Inc., and more.

“It’s been a privilege to partner with Jack and the AlphaSense team over the past few years as they’ve redefined how organizations discover and act on critical insights,” said James Luo, General Partner at CapitalG, Alphabet’s independent growth fund. “Reaching $400M ARR is a testament to their bold vision and the transformative power of their AI-driven platform. We’re thrilled to continue supporting AlphaSense as they lead the market intelligence revolution for businesses worldwide.”

Innovation & Future Growth

Last week, AlphaSense announced its latest leap forward in transforming how businesses access and analyze critical insights with Generative AI. With the groundbreaking additions of Generative Search and Generative Grid, AlphaSense is not just advancing the industry—it’s redefining the possibilities of AI in market intelligence, setting a new standard for speed, accuracy, and depth of analysis.

Looking ahead, AlphaSense is poised to further accelerate its momentum through continued investments in Generative AI, Enterprise Intelligence, deeper content integrations, and global market expansion. As industries navigate increasing complexity and information overload, AlphaSense is dedicated to delivering AI-powered solutions that empower professionals to make better decisions, faster.

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Source – PR Newswire

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