Similarweb Wins "Best Alternative Data Provider" at Hedgeweek Americas Awards 2021

NEW YORK--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, has been named the Best Alternative Data Provider in the Hedgeweek Americas 2021 Awards. This is a first-time nomination and win for Similarweb, which earned the award for its Investor Intelligence service, launched in late 2018.

Compiled in conjunction with Bloomberg, the Hedgeweek Americas Awards recognize excellence among hedge fund managers and service providers in the Americas across a wide range of categories. For the service provider categories, short-listed firms were based on a widespread survey of more than 400 fund managers and other key industry participants. Voting for the eventual winners was then conducted through an online poll of Hedgeweek readers.

"We are thrilled to be recognized for the value that our digital intelligence brings to the investor community," says Ed Lavery, Director of Investor Intelligence at Similarweb. “Having visibility into the online presence and behavior of private and public companies has never been more critical, and we are honored that Similarweb has been spotlighted as a leader in the hedge fund ecosystem.”

Similarweb's Investor Intelligence provides visibility and insights into the digital performance of private and public companies with a digital presence, covering over 100M websites and 4.7M apps across more than 210 industries and 190 countries. Similarweb Investor Intelligence has grown rapidly over the last three years, and is used by hundreds of investment funds in over 25 countries, quickly becoming one of the investment industry’s go-to sources of alternative data.

The full list of this year's winners can be found on the Hedgeweek Americas 2021 Awards website.

About Similarweb:

As the most trusted platform for understanding online behavior, millions of people use Similarweb’s insights daily to strengthen their knowledge of the digital world. We empower anyone — from the curious individual to the enterprise business leader — to make smarter decisions by understanding why things happen across the digital ecosystem. Learn more here: https://www.similarweb.com/corp/about/.

All data, reports and related materials (“Materials”) provided or made available by Similarweb Ltd. or any of its affiliates (collectively, "Similarweb"), are intended for informational purposes only. The Materials are based on data obtained from third parties, including estimations and extrapolations based on such data, and are not intended to be predictive of the movement of the market prices of the securities of the company(ies) referred to therein. Under no circumstances are the Materials to be considered or relied upon in any manner as legal, tax or investment advice. Similarweb shall not be responsible for the accuracy of the Materials and shall have no liability for any decision by any third party based in whole or in part on the Materials. Title and full exclusive ownership rights in the Materials, the underlying data, and any and all other Similarweb intellectual property (including the Similarweb name, logo and other marks) remain solely with Similarweb (except for third party trademarks and logos, which remain the property of their respective owners). All rights not expressly granted herein are reserved.

This Press release may contain certain "forward-looking statements" as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements reflect our current views regarding our intentions, products, services, plans, expectations, strategies and prospects, which are based on information currently available to us and assumptions we have made. Actual results may differ materially from those described in such forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and factors that are beyond our control, including those described in our Securities and Exchange Commission filings and reports including the final prospectus for our initial public offering filed with the Securities and Exchange Commission on May 11, 2021, as well as future filings and reports by us. Except as required by law, we undertake no duty to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise.