AlphaSense Revenue, Valuation, Funding & Investors

Carta is a San Francisco-headquartered transfer agent and equity management platform for private companies from seed to pre-IPO stages. The service digitizes stock certificates, options, warrants, and derivatives, providing real-time cap table visibility to shareholders, employees, auditors, and legal teams.

Morningstar Inc is a provider of independent investment insights to financial advisers, asset managers, and investors. It provides data and research insights on various investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time market data. The company has five reportable segments: Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. Maximum revenue is derived from the Morningstar Direct Platform, which provides investors with comprehensive data, research, insights, and investment analysis through product areas such as Morningstar Data, Morningstar Direct, and Morningstar Advisor Workstation. Geographically, it generates maximum revenue from the USA.

Beijing Compass Technology Development Co Ltd is the provider of professional financial data analysis and securities investment advisory services. The company is a securities analysis software developer and securities information service provider in China.

San Francisco-headquartered Plaid is a financial technology provider offering APIs for secure connections to bank accounts, investments, and credit data across 12,000 U.S. institutions. Founded in 2013, its infrastructure powers personal finance apps, payment processors, lending platforms, and identity verification services like those from Venmo and Coinbase.

CYBERA is a London-based fintech security platform launched in 2023 helping banks combat scams through real-time transaction monitoring. The service recovers assets for victims via blockchain tracing and reimburses via insurance pools, partnering with HSBC and NatWest in UK. CYBERA processes 1 million daily alerts using ML models trained on £2 billion fraud data.

FactSet provides financial data and portfolio analytics to the global investment community. The company aggregates data from third-party data suppliers, news sources, exchanges, brokerages, and contributors into its workstations. In addition, it provides essential portfolio analytics that companies use to monitor portfolios and address reporting requirements. Buy-side clients (including wealth and corporate clients) account for over 80% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software. In 2017, it acquired BISAM, a risk management and performance measurement provider. In 2022, it completed its purchase of CUSIP Global Services.

Marex Group PLC offers a diversified financial services platform providing essential liquidity, market access, and infrastructure services to clients across energy, commodities, and financial markets. It provides critical services to the clients by connecting them to exchanges and providing various execution and hedging services across its assets and products. The group operates in a large and fragmented market with infrastructure requirements and regulatory and technological complexity. It has five segments Clearing, Agency and Execution, Market Making, Hedging and Investment Solutions, and The Corporate. The group generates revenue from Agency and Execution that matches buyers and sellers by facilitating price discovery across the energy and financial securities markets.

Pipe is a financial services platform that enables subscription-based businesses to access capital by trading future recurring revenue streams with institutional investors through real-time auctions. Headquartered in San Francisco, California, the company processes transactions for SaaS firms, media publishers, and e-commerce operators seeking non-dilutive funding based on annual contract values. Launched in 2020, Pipe integrates with billing systems like Stripe and Zuora to automate revenue verification and payouts, serving over 5,000 companies globally with a marketplace exceeding $3 billion in tradable revenue by 2023.

Shenzhen Fortune Trend Technology Co Ltd is engaged in research and development of securities analysis systems and computer communication systems. It provides securities investment analysis system for securities institutions and investors under the brand Tongdaxin. Tongdaxin's well-known online trading products are: China Merchants Securities Zhiyuan One Account, Guoxin Securities Golden Sun Edition, CITIC Securities Zhixin All-rounder, GF Securities Financial Terminal, Galaxy Securities Neptune, Guotai Junan Securities Fuyi, among others.

TransUnion, along with Equifax and Experian, is one of the three leading credit bureaus in the United States, providing the consumer information that is the basis for granting credit. The company also provides fraud detection, marketing, and analytical services. TransUnion operates in over 30 countries. About 20%-25% of its revenue comes from international markets.

Branch is a mobile marketing platform specializing in deep linking, attribution, and user journey analytics. San Francisco-headquartered and founded in 2014, the company tracks cross-platform campaigns for apps on iOS and Android. World-class clients including Instacart, Western Union, NBCUniversal, Zocdoc, and Sephora use Branch to measure ROI on ad spend across Google Ads, Facebook, and Snapchat. The platform processes billions of links monthly, ensuring privacy compliance with App Tracking Transparency.

Kpler is a London-headquartered data and analytics platform launched in 2014, tracking commodities transportation including LNG, crude oil, dry bulk, freight, and inventories across 40 markets. With over 500 employees globally, it expanded through acquisitions of ClipperData in 2021, JBC Energy and Core-e in 2022, and MarineTraffic with FleetMon in 2023, serving traders, producers, and governments.

CRISIL Ltd provides research and analytics solutions for clients of all sizes. It operates through segments of Ratings services, and Research, Analytics & Solutions. The Ratings services segment includes credit ratings for corporates, banks, bank loans, credit analysis services, grading services and global analytical services. The Research, Analytics and solutions segment which generates key revenue, includes global research and risk solutions, industry reports, customized research assignments, subscription to data services, independent equity research (IER), IPO gradings, training, credit ratings for small and medium enterprises, advisory services and a comprehensive range of risk management tools, analytics and solutions to financial institutions, banks and corporates in India.

Qontigo is a financial data and analytics provider under Deutsche Börse Group, specializing in multi-asset risk management, index licensing, and portfolio construction tools. Its platforms cover equity, fixed income, commodities, and ESG factors, serving asset managers, banks, and pension funds globally. Eschborn-headquartered with offices in New York, London, and Zug, Qontigo licenses indices like STOXX Europe 600 and provides Axioma risk models. Formed in 2019 from the merger of Axioma, DAX, and STOXX, it equips clients with cloud-based analytics for investment decisions.

Addepar is a wealth management platform aggregating data for over four trillion dollars in assets across more than 800 firms in 30 countries. Used by advisors for portfolio analysis, reporting, and Marketplace access to alternative investments, it integrates with over 100 partners. Offices span Silicon Valley, New York City, Salt Lake City, Chicago, London, and Edinburgh.

TP ICAP GROUP PLC provides broking professional intermediary services to match buyers and sellers of different financial, energy, and commodities products. Its role includes creating liquidity and price discovery in markets and providing insight and context to the clients. The company provides proprietary over-the-counter ('OTC') pricing information in the world with the data on financial, energy, and commodities products. Its clients include banks, insurance companies, pension funds, asset managers, hedge funds, central banks, energy producers and refiners, risk and compliance managers, and charities. The company's segments include Global Broking which generates key revenue, Energy & Commodities, Liquidnet, Parameta Solutions, and Corporate.

Wolters Kluwer is a global provider of professional information, software solutions, and services in health; tax and accounting; environmental, social, and governance; finance; compliance; and legal. More than 60% of revenue is generated in North America and around 30% is from Europe.

Broadridge Financial Solutions, which was spun off from Automatic Data Processing in 2007, is a leading provider of investor communication and technology-driven solutions to banks, broker/dealers, traditional and alternative-asset managers, wealth managers, and corporate issuers. Broadridge is composed of two operating segments: investor communication solutions and global technology and operations.