DOGE Kept Their Subscription

Maybe you should subscribe too

Author

Dan Entrup
February 24, 2025

Since last post we’ve seen 5 acquisitions, 14 funding rounds ($267.4M raised), 15 people moves & promotions, 2 new companies, About Last Night, 11 roles ($192K average salary), 9 articles, 1 podcast, 1 legal matter, and 2 newly added upcoming events.

Last week’s headline (Teach Me How To Dall-E) was a popular one, so due to popular demand, here are some lyrics…

M&A

*Deals are announced but may not be closed.

Funding

  • 73 Strings (financial intelligence) raised $55M in a Series B led by Goldman Sachs Growth Equity.

  • Aetion (real-world evidence analytics) received an investment from NEC Orchestrating Future Fund.

  • Avandra (medical imaging and clinical data) raised $17.75M in a round led by Aegis Ventures and SpringRock Ventures.

  • Behavix (behavioral data collection) raised $2.5M in a Seed round led by Vendep Capital and Superhero Capital.

  • DiligentIQ (AI-powered private equity diligence platform) raised $12M in a Series A led by FINTOP Capital and JAM FINTOP.

  • FullEnrich (contact data enrichment) raised $2M in a Seed round led by Flex Capital, M-Fund, Kima Ventures, First Degree, Offord Ventures, and Duro Ventures

  • Glassbox (AI-assisted financial modeling) raised $1.2M in a Pre-Seed round led by FinTech Collective and StandUp Ventures.

  • Hightouch (marketing data and AI platform) raised $80M at a $1.2B valuation in a Series C led by Sapphire Ventures.

  • Journify (first-party data activation) raised $4M in a round led by Silicon Badia.

  • OpenEvidence (physician knowledge co-pilot) raised $75M at a $1B valuation in a round led by Sequoia.

  • Pulse (document processing and data ingestion) raised $3.9M in Seed round led by Nat Friedman and Daniel Gross

  • Sawmills (telemetry data management) raised $10M in a Seed round led by Team8.

  • SRA Watchtower (risk management solutions) raised $4M in a round led by FINTOP Capital, JAM FINTOP, and EJF Capital.

  • Voltron Data (SQL query engine) received an investment from Accenture.

People Moves, Promotions, and Appointments

powered by

New Company Alerts

Sidelight is a new platform providing usage and cost transparency for Investment firms to increase productivity and improve margins for Market and Reference Data. The company is founded by Charles Ashwanden who previously led data supplier partnerships at Crux and Data-Feed Services Business at eVestment.

Shortwatch simplifies short-selling compliance for investors. They provide an end-to-end solutions for real-time regulatory compliance alerts, automated reporting, and short positioning. The company is founded by Justin Welling, Global Head of Sales, Visible Alpha at S&P Global.

About Last Night (Week)

This past week was a busy one despite the holiday. No such thing as a day off when working on a startup. Monday was in the weeds with data cleaning and setup.

Tuesday met up with Jack Benedict who I previously mentioned 2 weeks ago with the following:

Jump raised $20M in a Series A led by Battery Ventures with participation from Citi Ventures. (Shoutout to my good friend Jack Benedict at Citi. He's like a better version of me - same school, same frat and both social chair, same first job, and then he ran way ahead 🙂)

We met up at Puffy’s down in Tribeca (right next to De Niro) and chatted all things expert-based research, vertical AI, and Syracuse.

Wednesday morning had an early breakfast with Mike Conover who was in town to speak at the AI Engineer Summit. Mike is Founder & CEO of Brightwave, one of the most exciting AI companies building knowledge agents for investing workflows. Colder weather (feels like 8 degrees) than when we met last year at a dinner in Miami, but enjoyed some Chilaquiles at Grey Dog Union Square.

Wednesday night was over to Classic Car Club (usually my Friday office) for drinks with old FactSet colleagues Brendan Gay and Connor Gay. Both were recently in people moves, with Brendan recently joining Citadel Securities and Connor recently joining AlphaSense. Our good friend and fellow motorsports fan Ed Lavery also joined us.

Friday had lunch with more old FactSet colleagues, Hendrik Bartel and Derk Osenberg. The two joined via acquisition of their prior company, Truvalue Labs. They recently rejoined with a number of other old team members to launch PostSig, a platform focused on post-signature contract management for data teams (something I wish I had at many points earlier in my career).

Naturally, it was then back to Car Club to catch-up with Jason Taylor. Yes, he’s another former FactSetter but we didn’t overlap. Jason is Head of Data at Automated Data Inc. and was previously at Palantir and Crux Informatics.

The Week Ahead

Today recorded a podcast with Chris Tabb, Co-Founder of LEIT Data, Host of the upcoming Winter Data Conference, and top contributor to the #meandatastreets hashtag. Check it out below in the What I’m Listening To section.

Wednesday is the OG Low-Key Data Happy Hour (though I hear Ethan moved temporarily to Miami). Also the same evening is Founders Drinks, a small group organized by Don D’Amico, Founder of Glacier Network and Caraline Pellatt, Founder of Aymara.

Thursday off to warmer weather in Scottsdale.

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

What I’m Listening To

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.