BREAKING: ipdAI acquired It's Pronounced Data

83x multiple (rumor has it)

Author

Dan Entrup
April 01, 2025

Since last post we’ve seen 5 acquisitions (not including xAI buying X), 9 funding rounds ($81M raised), 20 people moves & promotions, 1 partnership, 9 roles ($189K average salary), 3 articles, and 2 newly added upcoming events. Also included About Last Week section.

I’m starting to work with advertisers as it helps fund the creation and maintenance of this newsletter. It is greatly appreciated if you could check out their links and offerings. This week is in partnership with Big Data Federation.

A Word From Our Sponsor

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M&A

*Deals are announced but may not be closed.

Funding

  • Capital Markets Gateway (CMX) (equity capital markets technology) raised $30M in a Series C led by StageDotO.

  • Cerabyte (ceramic-based data storage) received an investment from In-Q-Tel.

  • Chord (customer data platform) raised $5.5M in a round led by M13.

  • DataOps.live (data team productivity solutions) received an investment from Snowflake Ventures.

  • Ethos (AI-powered expert network) raised $3.25M in a round led by General Catalyst.

  • Gable (data management and contracts) raised $20M in a Series A led by Crane Venture Partners.

  • Lumi AI (enterprise analytics) raised $3.7M in a Seed round led by AgFunder.

  • Ribbon (AI-powered hiring platform) raised $8.2M in a round led by Radical Ventures.

  • Sympera AI (agentic AI for relationship banking) raised $10M in a Seed round led by Nyca Partners and Viola Ventures.

People Moves, Promotions, and Appointments

powered by

  • Mo Berkowitz joined Censia as Chief Business Officer.

  • Steve Britt joined the National Artificial Intelligence Association as General Counsel.

  • Philip Brittan joined Bloomfire as CEO.

  • Ben Canning joined Alteryx as Chief Product Officer.

  • John Crisp joined TraditionData as Head of FX Data Product & Strategy.

  • Alex Gonye joined Auquan as Chief of Staff.

  • Rishi Karir joined Exfidant as an Advisor.

  • Walter Lee joined Affinity Solutions as VP of Sales.

  • Marc Mallet joined GoldenSource as Chief Commercial Officer.

  • Aqil Pasha joined Jump Capital as VP.

  • Danielle Simms was promoted to Global VP, Financial Services Account Management at AlphaSense.

  • Mike Sussman joined Worldpay as Head of Sales & Partnerships for AdTech/MarTech, Data Commercialization.

  • Simon Tanasescu joined iMAD Research as VP of Sales.

  • Kevin Toomey joined FactSet as Head of Investor Relations.

  • Nitasha Uprit joined Meta as Director, Data Engineering.

  • Tony Wu joined Perplexity as VP of Engineering.

  • Equity Data Science expanded its Advisory Board with the addition of Perry Boyle, Jay Chandler, Phil Vilhauer, and Vikas Kalra.

Partnership Corner

  • ValidMind partnered with Genpact to enhance model risk management (MRM) and AI governance for financial institutions and enterprises. The companies will jointly offer model risk management as a service. Check out more info on the partnership in the press release here.

Who’s Hiring

Check out the It’s Pronounced Data job board for full listings. This week’s additions are below.

*salaries only listed where provided by the company and may vary based on location and other factors. See links for specific salary details.

What I’m Reading

About Last Night (Week)

Tuesday was at the first PostSig Pulse on Data event, where I spoke with my good friend Chris Petrescu, CEO of CP Capital, about navigating post signature complexity in data licensing and the overall data landscape. It was a dynamic discussion with the group of leading hedge funds and investment managers followed by some breakout discussions. For more information and to join the PostSig Alliance, check out the link here.

Me and Chris before sharing our thoughts with the group.

Some great discussions before lunch.

On Thursday, AggKnowledge co-hosted our first Data Night Out with one of our data partners, People Data Labs at Classic Car Club in Manhattan. The event was for both of our customers and prospects, and we had an awesome turnout with over 100 people from leading expert networks, survey panels, hedge funds, private equity firms, and VCs.

The professional racing simulators were on and one of the highlights of the evening.

Lindsay Warren, Me, Sam Rounds

Special thanks to PDL for co-hosting an awesome evening and Lindsay Warren in particular for all her help organizing the event, and procuring awesome swag - in her words, “I order swag people actually want, not just stuff with company logos on it.” Pictured above in Driven By Data: Beep Beep t-shirts (me in a vest, obvi).

Thursday we had the entire AggKnowledge team in NYC. We all participated in intern (childcare) pick-up. We wrapped up the evening with dinner from the famous Luigi’s Pizza in Brooklyn, also known as the pizza place from the Adam Sandler movie, Big Daddy. And yes, Gio was still there making pies.

Upcoming Events

*new events added since last newsletter

Views here are the author’s own and not of any employers or companies. The author may be compensated for pieces in this newsletter.