AlphaSense raised $150 million at a $2.5 billion valuation
Oct 02, 2023
AlphaSense raised $150 million at a $2.5 billion valuation.
OpenAI was in discussions to sell shares at a valuation between $80 billion to $90 billion
The news articles and links presented below are available for your reference.
ALPHASENSE
“ AlphaSense Grows to $2.5 Billion Valuation, Securing $150 Million in Series E Funding Led by BOND”
OPENAI
“ OpenAi Could See Its Secondary-Market Valuation Soar To $90b”
Secondary Market Trend Highlight:
Transaction sizes (Price * Quantity) are down given that pricing has lowered and sellers are less inclined to sell quantity at these prices unless liquidity is a need. Several sellers are aggregating their transactions to meet institutional level transaction sizes. Several funds with smaller transaction sizes are now able to get supply to these later stage narratives given that supply has outnumbered demand (buyer’s market) so sellers are open to expanding their buyer universe to optimize on pricing and liquidity.
Recently Closed Secondary Deals:
SpaceX, Arctic Wolf, Dialpad and Rubrik