On the Proper Elocution of ‘Data’

Data, It's Pronounced

Author

Dan Entrup
May 20, 2025

I’ve recently hired HBO’s brand team and agency to explore a rebrand of It’s Pronounced Data. It has cost millions, but I’m very excited as we are nearing in on the new brand from the shortlist below. Please vote on your favorite.

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Since last post we’ve seen 8 acquisitions, 7 funding rounds ($328.5M raised), 16 people moves & promotions, 7 roles ($265K average salary), 2 new companies, 1 article, 1 Legal, Regulatory & Compliance matter, and 1 special event.

Housekeeping

I’m 25 LinkedIn followers away from 13,000. If we’re not connected, shoot me a connection/follow here. 13,000th follower gets a data-themed prize. Last two milestone winners chose the mugs below.

Resource Corner

M&A

*Deals are announced but may not be closed.

Funding

  • Addepar (investment data platform) raised $230M at a $3.25B valuation in a Series G led by Vitruvian Partners and WestCap.

  • Fincom (compliance solutions) raised a Series B led by Nasdaq Ventures.

  • iAltA (private markets infrastructure) raised $20M in a round led by WestCap.

  • Row Zero (enterprise spreadsheets) raised $10M in a Seed round led by IA Ventures.

  • Samaya (AI for financial services) raised $43.5M in a round led by New Enterprise Associates.

  • TensorStax (agentic platform for data engineering) raised $5M in a Seed round led by Glasswing Ventures.

  • Theom (data operations center) raised $20M in a Series A led by Wing VC.

New Company Alerts

iAltA is a private markets infrastructure company with solutions for LP/GP relationships, end-to-end fund lifecycle management, and transaction and fund operations support. The foundation of the first platform solution is based on the acquisitions of Verivend and Betterfront. The company is founded by Laurence Tosi (prior Ipreo, Blackstone, iLEVEL), Scott Ganeles (prior Ipreo, WestCap), and Bill Sherman (prior Ipreo, The Expert Institute). Jaime Vassallo Hildreth of WesCap (prior Ipreo, Blackstone) was appointed to the Board of Directors. This might be hands down the most impressive team I’ve seen launch a business in this industry as of late. Upon announcing the official company launch, iAltaA also announced a $20M fundraise led by WestCap. Additional information can be found in the press release here.

Nexus Data Strategy helps enterprise data leaders, data vendors, and investment funds turn data into ROI. The firm acts as a consultant on strategy for scalable data and AI. Nexus is founded by Hugh O’Connor who previously led data strategy & acquisition at Opendoor and data acquisition & partnerships at Eagle Alpha).

People Moves, Promotions, and Appointments

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

Special Event

Substantive Research is returning to NYC for their annual Unbundling Uncovered on June 12th at the Metropolitan Club (don’t forget suit and tie). I went to my first event in 2018 and have been a regular attendee since. It’s one of my favorite events and draws a unique crowd of research leaders from top buy side and sell side institutions. This year’s panel discussions include:

  • The View from the Buy Side

  • The View from the Sell Side

  • The Tech Solutions

  • The Integration of Data and Research

  • The View from the Corporates

  • The Research Market in 2035

I may even make an appearance on a panel this year 😉

Attendance for confirmed buy side delegates is complimentary, and there are also a limited number of complimentary sell side places. Check out the links for more details and to register.

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.