Almost Recurring Revenue
Aspirational Run Rate or Annualized Recent Receipt?
Since last post we’ve seen 2 acquisitions, 9 funding rounds, 15 people moves & promotions, 2 new companies, 7 roles, 2 articles, 1 podcast, and 2 newly added upcoming events.
Back on Substack (trial run). Check out a few of my recommendations:
AI Street by Matt Robinson
The Data Score by Jason DeRise
Alternative Data Weekly by John Farrall
M&A
BridgeWise acquired Context Analytics (unstructured financial data).
Pureprofile acquired CRNRSTONE Research (qualitative research).
*Deals are announced but may not be closed.
Fundraising
Dono (property record data) raised $6.5M in a Seed round led by Link Ventures.
Meridian (AI-powered financial modeling) raised $17M at a $100M valuation in a Seed round led by Andreessen Horowitz and The General Partnership.
Monark (private markets investing) raised $8.1M in a round led by F-Prime.
PavCon (predictive analytics and decision-support solutions) received an investment from Trive Capital.
Samaya (AI for financial services) received an investment from NVentures and Databricks Ventures.
Simile (human behavior simulation) raised $100M in a Series A led by Index Ventures.
Solid (AI for data) raised $20M in a Seed round led by Team8 and SignalFire.
SurrealDB (multi-model database for AI agents) raised $38M in a Series A.
Tomorrow.io (weather intelligence) raised $175M in a round led by Stonecourt Capital and HarbourVest Partners.
I’m co-chairing the upcoming AXIS (Acquisition & eXpansion in Information Services) Leaders Summit, a curated event with some of the best networking opportunities, with a focus on investing in and acquiring information services businesses. Register your interest here to receive details when ticket sales go live.
Second Update: After over 100 signups in the first week, the second week added leaders from Bloomberg, Circana, Millennium, Oaklins DeSilva+Phillips, Publicis, Raymond James, Rokos Capital, and S&P Global.
People Moves, Promotions, and Appointments
Andrew Chen joined Locate Alpha as Head of Customer Success.
Porter Fraker joined Turing Technology as Chief Revenue Officer.
Matt Frattaroli joined the Cuebiq as a Strategic Advisor.
Brian Gallo joined AlphaSense as Senior Director, Expert Insights.
Nick Goodman joined Riviera Partners as MD, Financial Services.
Robert Graziano was promoted to Head of Data & Research Sales, Americas Buyside and Alternatives at S&P Global.
Michael Gunnels was promoted to COO, North America at Ipsos.
Stefan Jennings joined GlobalData as Director of Integrations.
Jacqueline Knowles was promoted to Global Head of Visible Alpha Investment Banking at S&P Global.
Fredrik Lundin joined Norstat as Head of M&A.
Ryan McCloskey was promoted to Head of Insights & Data Caching at TRG Screen.
Kurt Meyerhoff joined Daloopa as Head of New Business.
Jesse Power was promoted to Global Head of Strategic Accounts at Duco.
Nader Shwayhat joined Bridgewater Associates as Global Head, Data and Security Governance, Risk, and Compliance.
Jeff Wilmot joined DataRobot as Chief Revenue Officer.
*may not have started roles, but roles are announced or updates provided online.
New Company Alert
Altis is a venture intelligence platform combining AI-powered analysis with expert primary research. The company was founded by Chris Freeberg (prior MD & Partner at BCG) and Ben Sun (GP at Primary Venture Partners). Check out more in the launch announcement here.
New Investment Firm Alert
BeaconHead Partners is an investment firm partnering with growing, information and technology-enabled business services companies. The firm is founded by John Almeida (prior AEA, SARORAS, Five Peaks, Reimagine Holdings, WCAS), Sanjay Swani (prior GrowthCurve Capital, Tailwind Capital, SARORAS, WCAS), with Daniel Fitzgerald (prior Konovo CEO, Reimagine Holdings, Lightspeed Research) serving as Operating Partner.
Who’s Hiring
Check out the It’s Pronounced Data Job Board for a table of the jobs from each week’s newsletter and the status of each posting.
eMarketer is hiring a VP, Insights ($240K - $260K).
Fidelity is hiring a VP of Wealth Advisory Managed Solutions (WAMS) Data Strategy ($130K - $264K).
FISD is hiring a Program Coordinator.
Google is hiring a Business Development Principal Lead, GenAI, Knowledge and Information ($168K - $249K).
Linktree is hiring a Head of Data ($320K - $340K).
Listen Labs is hiring a Head of Research and Methodologies.
Viant is hiring a VP, Product Management - Data ($200K - $250K).
*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
Data, Subscription, Events: The Media Model Driving M&A by Shannon Thaler.
Data Companies: At the Table or On the Menu? by Jason DeRise.
What I’m Listening To
The Alternative Data Podcast episode featuring Evan Reich in discussion with Mark Fleming-Williams
Upcoming Events
*new events added since last newsletter
Samplecon, Mar 16-18, Lake Oconee, Georgia
Eagle Alpha Alternative Data Conference, Mar 18, NYC
QuantVision 2026: Fordham’s Quantitative Conference, Mar 19-20, NYC
Future Alpha, Mar 31-Apr 1, NYC
AI in Finance Summit, Apr 15-16, NYC
Insights Association Ignite: B2B, Apr 22, Hoboken, NJ
IIEX North America, Apr 29-30, Washington D.C.
Monetising B2B Information & Events 2026, May 13, London
BattleFin Discovery Day, May 14, NYC
*AXIS: Acquisitions & eXpansion in Information Services, Jun 3-4, NYC
*BattleFin Montauk, Aug 10-11, Montauk, NY
Favor
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Views here are the author’s own and not of any employers or companies. The author may be compensated for pieces in this newsletter.