Funding

AlphaSense Receives Strategic Investment From Accenture

Jun 4, 2026 | By Startuprise io

AlphaSense, a New York City-based provider of AI-powered market intelligence solutions for businesses and financial professionals, has received an investment from Accenture Ventures. The amount of the deal was not disclosed.

The company plans to use the funding to expand its operations and accelerate product development.

Today, AI has become a major driver of business transformation. According to a recent Accenture survey, 78% of executives believe AI will contribute more to revenue growth than cost savings, particularly by helping organizations make better decisions. However, as companies expand their use of AI, many struggle to combine internal business data with relevant external information to generate the best insights.

AlphaSense helps organizations make better decisions by combining a large collection of business information with AI-powered analysis. Its platform includes more than 500 million business documents and billions of data points, including company filings, earnings reports, analyst research, expert interviews, and enterprise data.

The platform continuously analyzes financial, market, and industry information to provide real-time search, insights, and alerts. By turning large amounts of information into clear, source-backed intelligence, AlphaSense helps users find answers and make decisions faster. The company was recently recognized as a Leader in Gartner's first Magic Quadrant for Competitive and Market Intelligence Platforms.

More than 7,000 organizations use AlphaSense, including 90% of the S&P 100, all major global investment banks, and 92% of the world's 50 largest pharmaceutical companies. These organizations rely on the platform to support AI-powered workflows, strategic planning, business development, and competitive intelligence.

“Trusted data is the foundational currency of the modern enterprise. By integrating AlphaSense’s ‘always-on’ market intelligence with Accenture’s deep AI and industry expertise, we are empowering our clients to move beyond information processing to true enterprise intelligence that drives more informed decisions,” said Manish Sharma, Chief Strategy and Services Officer at Accenture. “Our partnership is about equipping organizations with the agentic AI capabilities needed to fundamentally reinvent their strategy, accelerate decision-making and unlock new frontier growth with humans in the lead.”

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“AlphaSense and Accenture have a long-standing relationship built on a shared goal: enabling organizations to operate with trusted intelligence and AI that drives real outcomes,” said Jack Kokko Founder, and CEO of AlphaSense. “The volume and velocity of information today make it increasingly difficult for businesses to identify what matters and act with confidence. Together, we are closing that gap by connecting critical insights to decision making at speed."

About AlphaSense

Founded by Jack Kokko and Raj Neervannan, AlphaSense is an AI-powered market intelligence platform used by thousands of businesses and financial institutions to make faster and more informed decisions. The platform combines specialized AI with a large collection of business information, including equity research, earnings calls, expert interviews, company filings, news, and internal company data.

About Accenture

Accenture helps organizations transform their businesses through digital technology, cloud solutions, data and AI. The company works with leading enterprises across industries to improve operations, drive growth and adopt new technologies safely and effectively. With approximately 786,000 employees worldwide, Accenture combines industry expertise, technology platforms and strong partner networks to deliver end to end solutions that help client's achieve measurable business result's at scale.

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