Shake

And Bake

April 22, 2024

Posting late - been on the road since early last week. Huge thank you to Auren Hoffman, Jason Richman, Elianne Marcus, and the rest of the SafeGraph team for hosting the inaugural World of DaaS event. Followed up the trip to D.C. with my first Nascar race at Talladega (#shakeandbake) with some data industry legends.

(not us pictured)

Since last post we’ve seen 1 acquisition, 10 fundraising rounds, 12 people moves & promotions, 4 roles, 2 articles, 1 podcast, and 2 newly added events.

Last call to contribute to the Market Map update here.

M&A

  • General Atlantic’s BeyondNetZero acquired a majority stake in GRESB (sustainability standards and benchmarks).

*Deals are announced but may not be closed.

BattleFin Discovery Day returns to the Intrepid in NYC for a two day event May 21-22. This is one of my favorite events each year in probably the coolest venue I’ve ever been to a conference at. Check out the full agenda. I’ve also included below some interesting panels I’m particularly excited for (I see F1 in one):

  • Tracking & Predicting the 2024 Presidential Elections with Alternative Data

  • Oil & Gas Mosaic: What is the data showing for 2nd half catalysts

  • Sports & Data: a look at the MLB, F1, NFL & NBA

  • LLM Spotlight: Understanding the data streams that help generate alpha in the LLM world we live in

  • VC Panel: Finding The Next Data Unicorn

I’ll also be joining a panel on expert-based research. If you have any questions or would like to learn more, please email [email protected].

Fundraising

  • AI Squared (AI-driven insights) raised $13.8M in a Series A led by Ansa Capital.

  • Anvilogic (multi-data platform SIEM) raised $45M in a Series C led by Evolution Equity Partners.

  • Arcadia (utility data) raised $50M in a round.

  • Bridgewise (AI investment research) raised $21M in a Series A led by SIX Group.

  • Dataplor (location intelligence) raised $10.6M in a Series A led by Spark Capital.

  • Emporia Research (B2B market research solutions) raised $4.7M in a Seed round led by Founder Collective.

  • Gemini Sports Analytics (sports data) raised an additional $3.1M in a round led by Will Ventures.

  • PeerDB (data movement) raised $3.6M in a Seed round led by 8VC.

  • Satellogic (earth observation data collection) raised $30M in secured convertible notes led by Tether Investments Limited.

  • Writ (data-driven decision making platform) raised $3.8M in a Seed round led by Gradient Ventures.

People Moves, Promotions, and Appointments

Powered in partnership with Live Data Technologies

  • John Farrall joined ModuleQ as Sales Director.

  • Jim Goundry joined AlphaSense as Sales Team Leader.

  • Saurabh Gupta joined The Modern Data Company as Chief Strategy & Revenue Officer.

  • Michael Kovacs joined Allvue Systems as Director of Product, Public Credit.

  • Kelly Mattie was promoted to VP, Head of Americas Sales, Financial Services at Consumer Edge.

  • Prakhar Mehrotra joined Blackstone as Managing Director, AI.

  • Jeremy Scott joined Flywheel Alternative Data as Director of Product & Research.

  • James Sharp joined Placer.ai as VP, New Products Strategy.

  • Daniel Sheehan joined Crosswalk Labs as Director of Data Solutions.

  • Donal Simmie joined PEI as Head of Data Science & AI.

  • Justin Sternhell joined Tradeweb as VP, Data Strategy & Governance Program Management.

  • Allen Zimmerman joined SimCorp as MD, Head of Americas.

Who’s Hiring

*salaries only listed where provided by the company. 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.