Degenerative AI

Since last post we’ve seen 2 acquisitions, 4 fundraising rounds, 14 people moves & promotions, 12 roles, 5 articles, 2 exciting new company launches, and 5 newly added events.

M&A

• Databricks acquired Einblick (Natural language data science notebook).

• The Riverside Company and portfolio company Montel AS acquired Energy Brainpool (European power market analytics) and Qwatt (Power purchase agreement forecasting).

*transactions have been announced but may not be closed

Fundraising

• Audience Town (consumer insights for real estate) raised a round led by Wasatch Equity Partners.

• Compa (compensation market data) raised $10M in a Series A led by Storm Ventures.

• Meteomatics (weather intelligence) received an investment from Lockheed Martin Ventures.

• Wisedocs (medical record review, indexing, and summarization) raised $9.5M in a Series A led by Information Venture Partners, Thomson Reuters Ventures, and ManchesterStory.

New Company Launch

Varun Khurana and Shreyas Jaganmohan launched Interviewer, building fully automated conversational interviews for companies and individuals using AI. Give it a try here for a mock system design interview. Interviewer can be used by individuals for interview practice and companies who need to screen candidates at scale.

People Moves, Promotions, and Appointments

• John Bartley joined ESGdatapoint as CTO.

• Mark Boothe was promoted to CMO at Domo.

• David DeRose joined DataBurning as Global Alt-Data GTM Specialist.

• Rachael DiMea joined Continuus Technologies as VP, Alliances & Partnerships.

• Alejandro Fosk was promoted to EVP, International at Comscore.

• Brian Gallo joined AlphaROC as VP of Strategy.

• David Kalita joined Quantitative Brokers as CEO.

• Will L’Heveder was promoted to Chief Growth Officer at BMLL.

• Claire McCarthy was promoted to Relationship Manager, Data Solutions at G2.

• Oleg Mukanov was promoted to CEO at TradingView.

• Mark Porter joined dbt Labs as CTO.

• Jonathan Reeve joined BetaNXT as Head of Product Strategy & Development.

• Kevin Rubin was promoted to Interim CEO at Alteryx.

• Darin West joined upSWOT as SVP, Head of Data.

Who’s Hiring

• Balyasny Asset Management is hiring a Head of Web Scraping ($185K-$260K).

• Catena Clearing is hiring a Director of Business Development.

• Citadel is hiring a Sector Data Analyst, International Equities.

• Datavant is hiring a Head of People Operations ($225K-$300K).

• FactSet is hiring a VP of Generative AI & Innovative Technology Solutions ($140K-$185K).

• Green Street is hiring a Head of Enterprise Accounts ($200K-$210K + 40-50% incentive compensation).

• Northern Trust is hiring a Head of Data Risk.

• Pfizer is hiring a Director, Data Scientist - Biopharma ($149K-$248K).

• ProNovos Construction Intelligence is hiring a Head of Data Acquisition.

• Red Bull is hiring a Senior Director, Data Science ($190K-$225K).

• Wells Fargo is hiring a Head of Data Platforms, Corporate & Investment Bank ($207K-$431K).

• YipitData is hiring a Counsel & Director of Compliance ($175K-195K).

*salaries only listed where provided by the company. See job details in links for specific salary details.

Speaking of Hiring

Jill Hill and Jen Golnick launched Hill Golnick Advisors. The duo have a wealth of experience in talent acquisition and strategy in the space, with prior experience at Point72 Private Investments, Citadel, and YSC/Accenture. The new firm is focused on partnering with investment firms and their portfolio companies on talent strategy and placement across the deal cycle.

What I’m Reading

• FTC Moves to Ban Location Data Sales Raise New Broker Duties by Tonya Riley at Bloomberg Law.

• Alex Boden’s new Substack Newsletter.

• Sol Rashidi’s new Substack Newsletter.

• Solomon Partners - Financial Data, Analytics & Software - 2023 Review and 2024 Outlook

• How Tiffany & Co. Helped Make Mining More Sustainable by Ernest Scheyder. Not really data related but an interesting piece that was shared by metals & mining data expert, Emily King at Prospector.

What I’m Listening To

• Something is in the works and it involves all my favorite people in the industry…

Upcoming Events

*new events added since last newsletter

• CannaDataCon, February 1-2, Miami

• Chill Data Summit, February 6, NYC

• Robin Hood Opportunity x AI Summit, February 6, NYC

• Low-Key Data Happy Hour, February 6, NYC

• *FISD New York, February 8, NYC

• *From Data to Dealmaking, February 8, Virtual

• IFRS Sustainability Symposium, February 22, NYC

• *Neudata Data Day for Investors, February 29, Boston.

• Gartner Data & Analytics Summit, March 11–13, Orlando

• *BattleFin Discovery Day, March 20-21, Singapore

• Skiers in Data (SKID) by LEIT Data, March 24, Verbier Switzerland

• *Data Council No Bullsh*t Data Conference, March 26-28, Austin

• New York FinTech Week, April 8-12, NYC

• Data Universe, April 10-11, NYC

• Insight Innovation Exchange (IIEX), April 17-18, Austin

• https://www.neudata.co/events/boston-data-day-for-investors-2024#eventbrite-tickets

Views here are my own and not of my current or former employers.