Since last post we’ve seen 7 acquisitions, 9 fundraising rounds, 19 people moves & promotions, 21 roles, 3 articles, 2 podcasts, 5 newly added events, 1 interview transcript, 1 survey request, and something new.
Last week I sat down with James Griffiths, Davide Vetrale, and Dan Elbaz to discuss 2023 holiday shopping data, and the collaboration between Flywheel Alternative Data and Arb Insights. Check out the interview in the link here to see what ChatGPT calls an “illuminating discussion.”
Quick Ask
Earlier this week we launched an Expert Knowledge Sharing Survey. If you have experience as an expert network participant, survey respondent, independent consultant, fractional executive, or expert witness, we'd love to hear from you! And while you’re at it, please give the AggKnowledge LinkedIn Page a follow to receive future updates. We’ll share more on AggKnowledge in the coming weeks.
M&A
Lightcast acquired eIMPACT (data visualization and workforce intelligence).
Sphera acquired SupplyShift (supply chain sustainability software)
TechTarget merged with Informa Tech (technology market research).
Trace3 acquired Tail Wind Informatics (data & analytics consulting).
A consortium of Macquarie Capital, TA Associates, and Stirling Square acquired Byfffakta Group Nordic HoldCo (construction data and software) for $10.1B SEK ($986M USD).
*transactions have been announced but may not be closed
Fundraising
Axle (corporate access) raised $1.5M in a Pre-Seed round led by Jackson Gates.
Dispatch (RIA data orchestration) raised $8M in a Seed round led by F-Prime Capital.
Impact Analytics (retail and merchandising platform) raised $40M in a growth round led by Sageview Capital.
KlariVis (banking analytics) raised $11M in a Series B led by Blueprint Equity.
Newton Research (AI-powered data analyst) raised $5M in a Seed round.
Quora (knowledge sharing) raised $75M from Andreessen Horowitz.
Safe Software (enterprise data integration) received a growth investment from JMI Equity.
SynMax (maritime and energy intelligence) raised $13M in a round led by Bill Perkins.
Vortexa (energy and freight analytics) raised $34M in a Series C led by Morgan Stanley Expansion Capital.
People Moves, Promotions, and Appointments
Shane Akeroyd joined Clearwater Analytics as Chief Strategy Officer.
Vartika Ambwani joined Citi as Head of Partnerships & Innovation.
Matthias Braun was promoted to CEO at Insider Intelligence.
John Brunsell joined Ridgeline as Senior Sales Executive.
Alpesh Chokshi joined BANYAN as President.
Amy Dafnis was promoted to VP, Data Sourcing & Strategy at WorldQuant.
Chris Hogbin was promoted to Global Head of Investments at AllianceBernstein.
Stuart Jarvis joined Sharegain as Head of Strategic Partnerships.
Tek Kim joined Nasdaq as Lead Sales Executive, Alternative Data and Data Fabric.
Joyce Li joined the Advisory Board of OpenBB.
Elizabeth Librizzi was promoted to Chief Administrative Officer at AllianceBernstein.
Sean McDonnell was promoted to Senior Director, Data Analytics at Ariel Investments.
Vince Morelli joined Equifax as Data Operations Leader.
Asaf Moshe was promoted to SVP of Growth at Placer.ai.
Aneil Rakity was promoted to CEO at ProSapient.
Ann-Sophie Skjoldager Bom joined Clearwater Analytics as Sales Director, Strategic Asset Management.
Debra Walton-Ruskin joined the Board of Directors of SS&C Technologies.
Fan Wen was promoted to Principal at Fin Capital.
Nelson Yu was promoted to Head of Equities at AllianceBernstein.
Something New
Initial Data Offering (IDO) was launched by Matt Ober, General Partner at Social Leverage. Matt has one of the most unique perspectives, having previously led data strategy at WorldQuant, as Chief Data Scientist at Third Point, and currently as an investor focused on innovative companies in the space.
IDO’s mission is to build a community of data buyers, data sellers, & data enthusiasts with a focus on curating high-quality, unique datasets for businesses, researchers, and organizations worldwide.
It’s been about a month since IDO launched and I (author) have already learned about 7 new products I wasn’t previously familiar with. Want to learn about a new provider or product daily? Subscribe to the free email distribution in this link. Have a new product you’d like to highlight? Submit it here.
Who’s Hiring
On Wednesday I posted on LinkedIn about all the great talent on the bench in data & analytics, especially in sales/BD roles. A number of companies posted roles and I’ve consolidated the list below in addition to others I’ve come across throughout the week.
Caterpillar is hiring a Data Governance Manager.
Durable Alpha is hiring their First Full-Time Engineer.
FinTech Sandbox is hiring a Part-Time Startup Program Manager.
FIS is hiring a Director, Strategic Investments, FIS Ventures.
Flywheel Alternative Data is exploring a new role for someone with experience developing new data products. Check out James Griffith’s comment here.
Fortegra is hiring a Senior Data Engineer and Data Scientist.
Google is hiring a Head of Product Strategy and Operations.
Just Hire is placing a Senior Sales Lead, Life Sciences for a prominent data & analytics consultancy ($500K OTE!).
Mastercard is hiring a VP, Data Access Strategy and Agreements, Open Banking.
OpenAI is hiring a VC Partnerships Manager.
Outside VC is hiring a General Partner.
Paxos is hiring a Reporting & Analytics Manager.
People Data Labs is hiring a Account Executive.
Placer is hiring a SVP of Customer Success.
Ridgeline is hiring a Senior Sales Executive (Northeast), Senior Sales Executive (South East / South Central), and Business Development Representative. Reach out to Ryan Alves for any specifics.
Selby Jennings is searching for an Account Director for a Credit Data Analytics FinTech Firm.
Underground Admins is hiring a AI/ML Training Manager and Sales Engineer. Check out the full job board here.
YipitData is hiring a Counsel & Director of Compliance.
What I’m Reading
LinkedIn is asking for your passport – here’s what it means to Market Research by Max Friberg.
Data ownership is leading the next tech megacycle by André Vellozo and Brett King in TechCrunch.
Riding the Next Wave in Alt Data: Applications of Clickstream in Finance a whitepaper from Datos.
What I’m Listening To
How Can I Be Helpful episode featuring Pat Petitti of Catalant interviewed by Rob Biederman of Asymmetric.
This Week in Startups episode featuring Bill Gurley, Brad Gerstner & Jason Calacanis hosted by David Weisburd.
Special Event
My friends at Delta Emerald Ventures are hosting CannaDataCon in Miami, February 1-2. CannaDataCon brings together leading entrepreneurs and engineers across the cannabis value chain to share best practices in cannabis technology and operations.
Day 1 is focused on driving top-of-funnel and revenue with technology. Day 2 is about leveraging data for improved margins.
For more information, to attend, or to register for the livestream, check out the link here.
Upcoming Events
*new events added since last newsletter
*Tech Community Happy Hour, January 16, NYC
Low-Key Data Happy Hour, January 17, NYC
*FSI Lifecycle Solutions in the Modern Data Stack, an evening with Sigma and Snowflake, January 17, NYC
*Alternative Data Happy Hour, January 17, NYC
*Panel Discussion on Getting into Portfolio Ops, January 19, Virtual
QRCA Annual Conference, January 22-25, Denver
BattleFin Discovery Day, January 24-26, Miami
Data Day Texas, January 27, Austin
*CannaDataCon, February 1-2, Miami
Chill Data Summit, February 6, NYC
IFRS Sustainability Symposium, February 22, NYC
Gartner Data & Analytics Summit, March 11–13, Orlando
Skiers in Data (SKID) by LEIT Data, March 24, Verbier Switzerland
New York FinTech Week, April 8-12, NYC
Insight Innovation Exchange (IIEX), April 17-18, Austin
Views here are my own and not of my current or former employers.