Universal Ingnorance

Situational (Lack-of) Awareness

Since last post we’ve seen 10 M&A deals, 6 funding rounds, 22 people moves & promotions, 7 roles, and 1 article.

This week brought to you in partnership with Similarweb. Check out their latest calibrated ticker offering.

Calibrated web traffic, mapped to tickers, traded market-neutral

Similarweb collects, models, and enriches billions of daily signals across the open web and apps to quantify how audiences discover, engage with, and convert across digital properties.

Launched in November 2025, Similarweb’s Calibrated Ticker Mapping is a point-in-time, low latency dataset designed for systematic and latency-sensitive strategies, supporting a T+1, pre-market-open latency in North American markets.

The overview outlines how a market-neutral, sector-neutral portfolio produced a 1.61 Sharpe ratio and 19.2% CAGR at roughly half the volatility of the S&P 500 and close to zero beta.

Check out the details in the overview here.

M&A

*Deals are announced but may not be closed.

Funding

  • CAIS (alternative investment platform) raised $170M at over a $2B valuation in a Series D led by Vista Equity Partners

  • Credible Data (AI data context) raised $10M in a Seed round

  • Databahn (agentic data control plane) raised $40M in a Series B led by Insight Partners

  • Ellis (AI-native operations platform for private credit) raised $10M in a Seed round

  • Harvey (AI for professional services) received a strategic investment from Goldman Sachs Alternatives and J.P. Morgan Growth Equity Partners

  • Simile (human behavior simulation) raised $200M at a $2B valuation in a Series B led by Greenoaks

People Moves, Promotions, and Appointments

Powered by

*may not have started roles, but roles are announced or updates provided online.

Who’s Hiring

*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

Upcoming Events

*new events added since last newsletter

Favor

If you’ve read this far, please click here (always testing out some readership analytics) and connect with me if we’re not already connected!

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