Circular Reference

Since last post we’ve seen 8 mergers & acquisitions, 4 funding rounds, 10 people moves & promotions, 3 new companies, 6 roles, 4 articles, 1 white paper (meme) and 1 newly added upcoming event.

Resources

• Deal Tracker for full M&A and funding rounds.

• Job Board for full listings. This week’s additions are below.

M&A

• AlphaSense acquired Carousel (AI-powered excel modeling). PR

• BGC Group acquired Macro Hive (macro market analytics). PR

• Diginex acquired Matter (ESG data). PR

• Fivetran merged with dbt (data transformation). PR

• Novata acquired Atlas Metrics (non-financial data platform). PR

• Potentia Insight acquired DataTree Connexions (data processing for market research). PR

• Qualtrics acquired Press Ganey Forsta (healthcare market research) for $6.75B. PR

• Redis acquired Featureform (management and orchestration of structured data signals). PR

*Deals are announced but may not be closed.

Funding

• 375ai (edge data intelligence) raised $10M in a round led by Delphi Ventures, Strobe Capital, and HackVC.

• Bee Maps (map data) raised $32M.

• Datacurve (coding data) raised $15M in a Series A led by Chemistry

• Increase Alpha (equity predictive signal engine) raised $3.5M in a Seed round led by Bartt Kellermann.

People Moves, Promotions, and Appointments

• Andrew Bernstein was promoted to Chief Commercial Officer at SESAMm.

• Christopher Chang King joined Indagari as VP of Sales.

• Bill Crager joined iAltA as Founding Partner.

• Daniel Eid joined TestSet as EVP, Customer Experience.

• Megan Foster was promoted to Director, Systems Strategy - Expert Insights at AlphaSense.

• Max Goldvag joined Aperture Investors as Associate Director, Data & Analytics Engineering.

• Greg Levene joined Sigma360 as Head of Sales, EMEA.

• Rahul Rekhi joined Rogo as President.

• Mike Salk joined Inveniam as Chief Customer Officer.

• Christopher Ward joined Inveniam as MD of Strategic Solutions & Partnerships.

New Company Alerts

Omnitheia unifies primary research, curated secondary data, and advanced analytics in a secure environment for life-science teams. The company is founded by Ajay Karandikar (prior Atheneum, Evalueserve, GlobalData) and launches with backing from Blueberry Capital Partners.

ScriptMR is a pharmaceutical market research firm providing qualitative and quantitative research services and panels. The company is founded by Ryan Hopper (prior Sermo, Manthan Services, Critical Mix) and Mike Eppes (prior Sermo, M3 Global Research).

DiligenceSquared is an AI-powered market research firm using a network of AI agents to conduct expert interviews, synthesize insights, and produce fully auditable reports. The company is founded by Frederik Kofoed Hansen (prior Blackstone), Søren Biltoft-Knudsen (prior BCG), and Harshil Rastogi (prior Google, Acronis).

Who’s Hiring

• Apollo is hiring a Principal, Head of Sustainability Engineering and Data Strategy ($225K - $300K).

• Bloomberg is hiring a Product Manager - Alternative Data ($140K - $295K).

• Darcy Partners is hiring a SVP, Research.

• Point72 is hiring a Data Sourcing & Strategy Operations Analyst ($90K - $110K).

• ProSights is hiring a Head of Research ($140K - $200K).

• S&P Global is hiring a Director - Content Acquisition & Rights Management (CARM).

*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

• The hidden incentive war behind financial terminals - Why every data vendor guards the golden goose, and every user pays the price by Didier Lopes.

• Will AI Polarize Capital Markets Data? by David Brunner.

• Every Product Is a Data Product, Especially in the Age of AI by Maribeth Martorana.

• The RAG Obituary: Killed by Agents, Buried by Context Windows by Nicolas Bustamante.

Upcoming Events

*new events added since last newsletter

• Low-Key Data Happy Hour, Oct 15, NYC

• *Alternative Data Happy Hour, Oct 16, NYC

• Women in Research (WIRe) Executive Leadership Summit, Oct 20-23, Dubrovnik, Croatia

• Stocktwits Stocktoberfest, Oct 20-22, Coronado, CA

• FINOS Open Source In Finance Forum, Oct 21-22, NYC

• The Private Markets AI Summit, Oct 28, NYC

• Beryl Elites Alternative Investments & Data Revolution, Nov 3-4, NYC

• World of DaaS Summit, May 7, 2026, Washington D.C.

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