NEW YORK--(BUSINESS WIRE)--AlphaSense, a best-in-class provider of AI-driven business insights, announced today the launch of Private Company Search to complement its robust coverage of data on public companies.
With coverage for 175,000 privately owned companies, this dataset extends AlphaSense’s reach as a singular source of data-driven business insights for corporations and financial institutions, offering an entirely unique combination of data sources.
“The opacity of credible information on private companies has long been a source of pain for customers,” says Head of Product Kevin Broom. “Launching Private Company Search aligns with our mission to give clients a 360 degree view into their competitors and market peers.”
Addressing the sparseness of credible information on private companies and clients’ concerns about the provenance about data points, AlphaSense has enhanced its algorithms to present private company data (including revenue, investments, acquisitions) alongside any documents tagged to that company in its massive database, including news, filings, press releases, broker research to give clients further confidence and context about the numbers. The result is a combination of content sources that is not accessible in any other product, made discoverable by best-in-class AI search capabilities.
“Many of our clients look to data on private companies to drive their strategies and investment decisions. We’re thrilled to expand our offering of data to include private companies, and make all of it accessible to clients with the speed and accuracy of the AlphaSense platform,” said CRO Kiva Kolstein.
AlphaSense will roll out enhancements to Private Company Search in the coming weeks as it rapidly scales and expands its global reach.
About AlphaSense, Inc. AlphaSense transforms the way companies get information and make critical decisions with its AI-powered business insights platform. The company mission is to organize and semantically index global investment and market research data, allowing clients to be more efficient and outdo the competition. Used by the largest and fastest-growing corporations and financial firms worldwide, AlphaSense is headquartered in NYC with offices in London, Helsinki, San Francisco, and Boston