AI platform AlphaSense raised $350 million in its latest funding round.
The investment increases the company’s valuation to $7.5 billion.
This figure represents a jump from its $4 billion valuation earlier in 2024.
Accenture and JPMorgan’s asset management division participated as investors.
AlphaSense surpassed $600 million in annual recurring revenue during the first quarter.
The company is considering an initial public offering but has no definite plans.