Intern SZN

Can’t even make this up… a banking intern (bank to not be named) was trying to explain to the barber in the chair next to me last night how to do this cut. Two things stand out 1) why didn’t he get a haircut the week BEFORE starting the internship, and 2) he clearly saw on day one that this is the new #financebro cut and rushed to get one himself. And when did West Village become the new 21/22 year old hangout spot? #MakeWestVillage30sAgain.

Since last post we’ve seen 3 acquisitions, 8 fundraising rounds, 8 people moves & promotions, 1 new stock exchange, 12 roles, 2 articles, 1 podcast and 2 newly added upcoming events.

M&A

• Databricks acquired Tabular (data management).

• Green Street acquired Locatus (retail data).

• Nuqleous acquired Shiloh (retail data analytics platform).

*Deals are announced but may not be closed.

Fundraising

• HoundDog.ai (data security and privacy) raised $3.1M in a Seed round led by E14, Mozilla Ventures, and ex/ante.

• Human Native AI (data and content marketplace) raised £2.8M in a Seed round led by LocalGlobe and Mercuri.

• Liminal (AI data security) raised $5M in a Seed round led by Fin Capital.

• Nexus Cognitive (managed DaaS platform) received an investment from Insight Partners.

• Rows (spreadsheet platform) raised €8M in a round led by Indico Capital Partners.

• Solarity (clinical data automation) received a strategic growth investment from TA Associates.

• Tobiko Data (data transformation) raised $21.8M in a $17.3M Series A led by Theory Ventures and a $4.5M Seed round led by Unusual Ventures.

• WealthOS (wealth management digital infrastructure) raised €4M in a Seed round led by Barclays.

Y’all Street

Texas Stock Exchange (TXSE) plans to file registration documents with the SEC to start operating as a national securities exchange later this year. TXSE Group has raised $120M and is backed by BlackRock and Citadel Securities. More info from Reuters here.

People Moves, Promotions, and Appointments

Powered in partnership with Live Data Technologies

• Darin Clemente joined Atheneum as Chief Revenue Officer.

• Michael Connor joined the Board of Advisors of MarketReader.

• Das Dasgupta joined Starbucks as Chief Data & Analytics Officer.

• Ken Denman joined the Board of Directors of TIFIN.

• Ahmed Elkady was promoted to Director of Americas at Kpler.

• Sean Fanning joined Exponent Founders Capital as Partner.

• Steve Goldstein joined DOOR Ventures as CEO.

• Conor Taggart joined Eagle Alpha as Head of Corporate Commercialization.

Bounty Hunters

Initial Data Offering launched a new bounty program, providing community members the opportunity to get paid for helping source data. The first bounty, IDO Data Bounty: B2B Spending Data, has a $5,000 cash reward.

Data Ideas

As we continue to build our data community, It’s Pronounced Data would like to help founders or soon-to-be founders of data businesses get their ideas off the ground. Submit your data business idea here and we will share with a curated group of data industry veterans to provide feedback and leverage our network of investors, advisors, operators, and data professionals.

Who’s Hiring

• Avanade is hiring a Director, AI and Data Advisory.

• Cambridge Associates is hiring a Chief Data Officer.

• Cboe is hiring a Global Head of Market Data Sales ($180K - $297K).

• Citi is hiring a SVP, Data Sourcing Lead - Securities Services ($176K - $265K) and a AVP, Senior Data Sourcing Analyst - Securities Services ($109K - $163K).

• Grey is hiring a Director, Data Strategy ($160K - $180K).

• Morgan Stanley is hiring a Executive Director, Generative AI Solutions & Strategy ($160K - $250K).

• ProSapient is hiring a VP, Sales.

• Red Ventures is hiring a Director, Strategy & Operations - Banking ($130K - $210K).

• Revelio Labs is hiring a Senior Data Engineer ($150K - $220K).

• Two Sigma Ventures is hiring an Associate ($100K - $175K).

• Warner Music Group is hiring a Analyst, Business Intelligence ($60K - $75K).

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

What I’m Reading

• Arms race in financial data hots up by Camilla Palladino in the Financial Times.

• Consumer-Permissioned Data Expansion Gives Rise to New Data Brokers in PYMNTS.

What I’m Listening To

• Behind the Headlines: Ted Merz on Journalism's Evolution featuring Ted Merz in discussion with Thomas Li on the InDaloop podcast.

Upcoming Events

*new events added since last newsletter

• Women at the Forefront of Financial Services Innovation, June 10, Boston

• Bobsled Data Marketplace Happy Hour, June 12, San Francisco

• Substantive Research - Unbundling Uncovered, June 13, NYC

• Vertical AI Summit, June 13, NYC

• TWIF x Silicon Valley Bank Happy Hour, June 20, Boston

• Knowledge & Information Management, Research & Analysis (KIMRA) - Generative AI Conference, July 3, London

• *People Data Labs Q2 Happy Hour Hang, July 17, NYC

• The Quirk’s Event, July 17-18, NYC

• Boston Fintech Week, September 16-20, Boston

• *StockTwits Stocktoberfest, October 20-22, Coronado, CA

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