Reject Modernity

On vacation this week, so apologies for the delayed post. Or as the European out of office messages say, “I’m on annual holiday, see you when I return, whenever that is, I’m not sure.”

Since last post we’ve seen 2 acquisitions, 17 funding rounds, 10 people moves & promotions, 4 articles, 1 podcast, 19 roles, 3 legal, regulatory & compliance matters, 1 chart of the week, 2 newly added upcoming events, 1 joke of the week, and 5 memes.

Looking for a new job? Check out the It’s Pronounced Data Job Board for a table of the jobs from each week’s newsletter and the status of each posting.

M&A

• Carta acquired Tactyc (fund forecasting and portfolio construction platform).

• FactSet acquired Irwin (investor relations platform).

*Deals are announced but may not be closed.

Joke of the Week

“Lance” isn’t a very common name nowadays, but in medieval times, people were called lance a lot.

Fundraising

• Abstract Security (security data and analytics) raised $15M in a Series A led by Munich Re Ventures.

• Aignostics (pathology data analytics) raised $34M in a Series B led by ATHOS.

• Auquan (AI for financial services) raised $4.5M in a Seed round led by Peak XV.

• Brightwave (AI-powered financial research platform) raised $15M in a Series A led by Decibel Partners.

• Cafeteria (teen audience market research) raised $3M in a Seed round led by Collaborative Fund and Imaginary Ventures.

• Cambri (AI-driven consumer insights platform) raised €8M in a round led by Octopus Ventures and S4S Ventures.

• Concentric AI (data security governance platform) raised $45M in a Series B led by Top Tier Capital Partners and HarbourVest Partners.

• Data Quality Co-Op (1st-party data quality clearinghouse) raised $1.25M in a round led by Kickstart Fund.

• Emidat (climate intelligence for construction) raised €4M in a Seed round led by General Catalyst.

• HealthEx (patient data preference and consent platform) raised $14M in a Series A led by General Catalyst.

• Matia (data operations platform) raised $10.5M in a Seed round led by Leaders Fund and Secret Chord Ventures.

• Monark Markets (private securities API) raised $2.2M in a Seed round led by Garuda Ventures.

• Reflexivity (formerly Toggle AI) (AI for investment management) raised $30M in a Series B led by Greycroft and Interactive Brokers.

• Rollstack (slide deck automation) raised $11M in a Series A led by Insight Partners.

• Simbe (retail store intelligence) raised $50M in a Series C led by Goldman Sach Growth Equity.

• TollBit (content and data monetization) raised $24M in a Series A led by Lightspeed.

• Vortexa (energy & freight analytics) raised $25M in debt financing from CIBC Innovation Banking.

People Moves, Promotions, and Appointments

Powered in partnership with Live Data Technologies. Who else is changing jobs? Get the latest data for the companies that matter most to you for free: http://www.livedatatechnologies.com/trial

• Neill Dadswell joined LSEG as Program Director, Infrastructure & Cloud Transformation.

• Ankeet Dedhia joined Microsoft as Capital Markets Industry Leader.

• Andrew Feigenson joined InformData as CEO.

• Brian Fitzgerald joined Axios as SVP, Axios Pro Deals.

• Koral Hull was promoted to Head of Operations at Pitchly.

• Andrew Jones joined Besitos as Head of Accounts, Marketplace.

• Kyle Rogge joined S&P Global as Executive Director.

• David Solomon joined Dubin Research & Consulting (DRC) as Chief Revenue Officer.

• Micheale Taylor joined BNY as Managing Director, Engineering.

• Phil Wittmann was promoted to SVP, Client & Partner Solutions at Sigma Ratings.

What I’m Reading

• The Enshittification of Programmatic Sampling - Market Failure and the Miserable State of the Online Survey Experience by Jonathan Deitch.

• How AI is Re-Writing the SaaS Playbook  by Soma Somasegar and Sabrina Wu at Madrona.

• 2024 B2B and Healthcare Survey Sample Industry Market Sizing by Inex One.

• Allocator Insights, a new newsletter with insights on allocators and the fund managers they invest in, powered by Old Well Labs (OWL).

What I’m Listening To

• The Deal: Activist Investing Today episode featuring Max Friberg of Inex One in conversation with Ronald Orol.

Who’s Hiring

Check out the It’s Pronounced Data Job Board for a table of the jobs from each week’s newsletter and the status of each posting.

• Anthropic is hiring a Head of Product Engineering ($450K - $550K).

• Argus Media is hiring a Chief of Staff.

• Centene is hiring a RVP, Data Strategy, Transformation and Governance ($250K - $625K).

• Chicago Trading Company is hiring a Head of Market Data Development ($250K - $260K).

• Circana is hiring a SVP, Corporate Strategy ($220K - $290K).

• Clarivate is hiring a VP, Product Management - Real World Data.

• Dods Political Intelligence is hiring a Junior Political Intelligence Analyst.

• Guidepoint is hiring a VP of Primary Research, Operations & Automation ($220K - $240K).

• Hearst is hiring a VP, Engineering ($315K - $350K).

• LiveRamp is hiring a Head of Data and Analytics ($256K - $302K).

• MassMutual is hiring a Head of Investment Data Strategy and Governance ($159K - $209K).

• New Balance is hiring a Senior Director, Data Science.

• Protege is hiring a GM, New Verticals and a Head of Sales, Healthcare.

• Red Bull is hiring a Director, Data Science ($199K - $220K).

• Tradeweb is hiring a Global Head of Data Sales ($200K - $300K).

• Vizio is hiring a Head of Data Science ($218K - $284K).

• With Intelligence is hiring a Head of Product Strategy.

• Zurich North America is hiring a Chief Data Officer.

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

Legal, Regulatory & Compliance

• CFPB Finalizes Personal Financial Data Rights Rule to Boost Competition, Protect Privacy, and Give Families More Choice in Financial Services.

• Wall Street Journal, New York Post Sue AI Startup Perplexity, Alleging ‘Massive Freeriding’ by Alexandra Bruell in The Wall Street Journal.

• Inside the U.S. Government-Bought Tool That Can Track Phones at Abortion Clinics by Joseph Cox in 404 Media.

*Nothing in this section should be construed as an opinion of the author. This is just to highlight news and articles related to data privacy, legal, regulatory, and compliance matters.

Chart of the Week

Dashboard from Live Data Technologies highlighting headcount analytics from the World of DaaS Executive Community Companies.

Upcoming Events

*new events added since last newsletter

• Alternative Data Happy Hour, October 30, NYC

• Neudata Paris Data Day for Investors, October 30, Paris

• *Data Driven NYC, featuring Modal, Haize Labs, Writer, and TensorZero, November 6, NYC

• *Low-Key Data Happy Hour, November 6, NYC

• Substantive Research Unbundling Uncovered, November 6, London

• AI4F Workshop on LLMs and Generative AI for Finance, November 14, NYC

• Data Disrupt, June 4-5 2025, NYC

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