What's your favorite tech innovation?

Alright, let’s see what our readership thinks. Please vote below:

Since last post we’ve seen 3 acquisitions, 10 fundraising rounds, 9 people moves & promotions, 3 roles, 3 articles, 1 podcast and 1 newly added upcoming event.

M&A

• Broadridge acquired AdvisorTarget (wealth advisor tech).

• LeadsOnline acquired Nighthawk (investigative data visualization and analysis).

• Lukka acquired Coinfirm (blockchain analytics).

*Deals are announced but may not be closed.

Fundraising

• Aduro Advisors (fund administration for PE/VC) received a strategic growth investment from Vitruvian Partners.

• Andromeda (decision intelligence platform) raised $4.5M in a Pre-Seed round.

• Doconomy (climate action and financial wellbeing tools) raised €34M in a Series B led by UBS Next and CommerzVentures.

• Dream Exchange (stock exchange) received an investment from Harvey Catchings.

• Iris.ai (scientific text AI engine) raised €7.6M in a round led by Silverline Capital.

• Maxa (business system insights automation) raised $21M in a Series A led by Framework and BDC Capital’s Industrial Innovation Venture Fund.

• Novel (capital intelligence platform) raised $15M in a round led by IGNIA Partners and Ulu Ventures.

• Old Well Labs (OWL) (investment manager and allocator insights) raised a Series A led by Nellore Capital.

• Transcend (data privacy and compliance) raised $40M in a Series B led by StepStone Group.

• Zendata (data privacy and security) raised $2M in a Seed round led by PayPal Ventures, First-Hand Alliance, Geek Ventures, and Altari Ventures.

My friends at RepVue recently launched a unique proprietary dataset enabling B2B software company intelligence. As a big believer in the power of human capital analytics for insights into company performance, I was really excited to learn about RepVue, their collection methodology, and their dataset.

RepVue helps put a quantifiable value on employee sentiment and company performance, leveraging in-depth reviews from salespeople across the technology landscape through its 260,000+ user-submitted surveys (growing 100% YoY) from verified sales professionals, comprising 5 million data points. RepVue provides real-time trends related to quota attainment, sales-cycle length, lead flow, product-market fit, culture, average deal size, and other KPIs. Sales professionals have rated more than 25,000 companies on the platform.

Of note, RepVue has exceptional coverage in the Enterprise Software space, with 1,000s of sales reps from orgs like Salesforce, AWS, Zoominfo, HubSpot, DocuSign, Okta, Datadog, MongoDB, Twilio, Smartsheet, Crowdstrike, Cloudflare, Snowflake, and ServiceNow participating in their surveys every month. From a qualitative free-text review perspective, they’re already collecting more data than Glassdoor on names like these, but exclusively focused on GTM insights.

Check out Ryan Walsh (Founder & CEO) and Adam Little (VP of Data Operations) on Twitter/X where they provide daily insights from their data. The team will be at the upcoming Neudata New York Summer Data Summit on June 4th. Be sure to stop by and say hello! (Booth Q - bottom of the stairs).

Also, are you a salesperson in the software sector? Unlock deep insights into compensation benchmarking and sales performance by leaving a review here.

People Moves, Promotions, and Appointments

Powered in partnership with Live Data Technologies

• Bridget Barrot joined Ridgeline as VP of Customer Experience.

• Scott Cohen joined Mixpanel as Head of Customer Success & Solution Engineering.

• Matt Gaboury joined YipitData as Senior Sales Executive, Private Equity.

• Wendy Jones joined General Atlantic as Chief Information Officer.

• Manjit Jus joined UBS as Lead Sustainability Analysis, Chief Sustainability Office.

• Oscar Küntzel was promoted to CEO at Quartr.

• Manuj Nikhanj was promoted to CEO at Enverus.

• Pamela Novoa Ralli joined FIS as Head of Product Management.

• Rachael Knott Tucker joined the Board of Directors of Sourcescrub.

Neudata Summer Data Summit

I’m excited to be moderating a panel on Tuesday, June 4th at the Neudata Summer Data Summit in NYC. I’ll be discussing non-equity use cases for data alongside:

• John Curaba, Director of Sales, Finance at Placer.ai

• Rainbow Chik, Director of Data Insight & ESG Analytics at GoldenTree Asset Management

• Jason DeRise, Head of Data and Analytics Products at Liberty Mutual Investments

Check out the link for tickets and full agenda here.

Who’s Hiring

• IQVIA is hiring a Patient Data Strategy Director.

• McKinsey is hiring a Chief Data Officer.

• Placer.ai is hiring a Director, Growth & Business Strategy ($150K - $210K).

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

What I’m Reading

• We tried to design the perfect sellside note. How did we do? by Louis Ashworth.

• Data Dividends: Is it different this time? A challenging recurring idea by Alex Izydorczyk.

• Using Web-Extracted Data in Investment Research by Alex Lokhov.

What I’m Listening To

• The Bremer Research Moment - State of the Industry.

Upcoming Events

*new events added since last newsletter

• Low-Key Data Happy Hour Sponsored by Portable, Metaplane, RudderStack, and Keboola, June 3, San Francisco

• Neudata Summer Data Summit, June 4, NYC

• SuperReturn International, June 4-7, Berlin

• Alternative Data Happy Hour, June 5, NYC

• FISD New York, June 6, NYC

• 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

• The Quirk’s Event, July 17-18, NYC

• Boston Fintech Week, September 16-20, Boston

For Your Entertainment

How Wall Street sets price targets for stocks in equity research

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