This one's a doozy
and first paid content
This one is long, so sending Sunday night to give you a chance to read it before a hectic week ahead. We’ve got 21 people moves, 14 fundraisings, 8 jobs, 4 M&A deals, 3 articles, 3 podcasts, fresh capital, and updated events. Plus 5 bonus reads and 3 new products & services for paid subscribers.
M&A
Bigeye acquired Data Advantage Group (metadata management and data governance).
Insurance Quantified acquired Groundspeed Analytics (insurance data solutions).
SVB Securities was acquired (pending court approval) by a group led by Jeffrey Leerink and Baupost Group.
*transactions have been announced but may not be closed
Fundraising
Acryl Data (metadata platform) raised $21M in a Series A led by 8VC.
Beehiiv (newsletter platform) raised $12.5M in a Series A led by Lightspeed Venture Partners. Will I (or the other data newsletter writers) make the switch?
Danti (earth observation data) raised $2.75M in a Pre-Seed round led by Tech Square Ventures.
Gradient Health (medical imaging data) raised $2.75M in a round led by ReMY Investors & Consultants.
Graphext (exploratory data analysis) raised $4.6M in a round led by Hoxton Ventures.
Lovelytics (data consultancy) received an investment from Databricks Ventures and Interlock Equity.
Masthead Data (observability) raised $1.3M in a round led by Focal.
Primer (AI-powered data analysis) raised $69M in a Series D led by Addition.
Reask (risk data) raised $4.6M in a Seed round led by Mastry Ventures and Collaborative Fund.
Snowplow (customer behavioral data) received an investment from Databricks Ventures.
Telmai (observability) raised $5.5M in a Seed round led by Glasswing Ventures and .406 Ventures.
TIFIN Asset Manager Platform (AMP) (asset management technology) raised $10M in a Series A led by Motive Partners.
Tracer (data intelligence platform) raised a Series A led by Progress Ventures and BDMI.
Wherebots (geospatial analytics platform) raised $5.5M in a Seed round led by Wing Venture Capital and Clear Ventures.
Fresh Capital
Gulp Data closed a $10M credit facility, with an option to expand up to $25M, to offer fast, dilution-free funding by leveraging the value of data. The fintech helps companies leverage their data as a balance sheet asset to access capital, having completed over 800 data valuations since last May.
People Moves, Promotions, and Appointments
Juan Bonilla was promoted to Lead Content Acquisition & Rights Management (CARM) at S&P Global.
Obele Brown-West joined Tracer as President.
Jasper Buchberger joined Statista as Director, Business Development.
Pasquale Crispi was promoted to Head of Liquidity and Trading Strategies at Aquis Exchange.
Leandra Fishman joined Apollo.io as Chief Revenue Officer.
Brad Giardino was promoted to Senior Director, Analytics and Risk Product Development at Arete.
Mark Husler joined the Board of Directors of Thistle Group.
Evan Kaplan joined the Board of Directors of Diffblue.
U-Jin Lee joined Beckway as Managing Director.
Claudia López Pedreño was promoted to VP of Global Revenue Operations at Atheneum.
Nate Meinzer was promoted to Director of Partner Engineering at Sigma Computing.
Sean Moriarty joined Primer as CEO.
James Nelson joined Daloopa as Sales Manager.
Taylor Petty joined Blue Owl Capital as Vice President.
Gemma Postlethwaite was appointed CEO of GLG.
Michelle Ricat joined FirstParty as Senior Data Engineer.
Dale Richards joined the Advisory Board of AlphaROC.
Andrei Serjantov joined BNP Paribas as Head of Digital Global Markets.
Sneha Shah joined SEI as EVP, Head of New Business Ventures.
Irene Sibaja was promoted to Director, Global Partnerships at Treasure Data.
Deborah Wahl joined the Board of Directors of ActionIQ.
Who’s Hiring
AlphaSense is hiring a VP, Strategic Partnerships and a Director, Content Strategy, Planning & Analysis.
Mastercard is hiring a Director, AI Strategy.
Sumitomo Mitsui Banking Corporation is hiring a Head of Enterprise Data Governance & Transformation.
Takeda is hiring a Head of Data Science and Advanced AI and a Head of Enterprise Data Products and Solutions.
Tegus is hiring a Director of IT.
TMX Group is hiring a Managing Director & Head of US Equities.
What I’m reading
How Move To Data Standardisation Will Transform Private Markets by Aman Soni in Family Wealth Report.
Three Data Point Thursday, a Substack newsletter from Sven Balnojan.
Financial ‘meme-lord’ Litquidity: ‘The market is beyond satire. You can’t make it up’ by Madison Darbyshire in The Financial Times.
What I’m Listening To
Data Couch, a new podcast from Louise de Leyritz. The first episode: Building a Data Platform Aligned With Your Business Goals, with Ethan Aaron of Portable.
Data Gurus episode: Predicting Demand Using the Key Principles of Behavioral Economics, with Anouar El Haji of Veylinx.
Conversations with B2B Storytellers Episode with Melanie Hahn of Withco.
Upcoming Events
*new events added since last newsletter
Snowflake Summit - June 26-29, Las Vegas
Databricks Data + AI Summit - June 26-29, San Francisco
Low-Key Data Happy Hour by Portable, Metaplane, RudderStack, Brooklyn Data Co., Striim - June 26, Las Vegas
FinTech Connect North America - June 27, NYC
*Grata - Proprietary Inbound: 6 Ways to Make Deals to Come to You - June 28, Virtual
Data Marketplace Happy Hour by Revelate, Bobsled, Immuta - June 28, San Francisco
Alternative Data Happy Hour - June 29, NYC
Low-Key Data Conference - July 12, Virtual
Low-Key Data Happy Hour - July 13, NYC
*AWS Summit NYC - July 26, NYC
*Big Data LDN - September 20-21, London
*BattleFin Discovery Day London - September 26-27, London
Something New (hint: expert networks)
Content for paid subscribers below. This week, Bonus Reads and multiple *New Product Alerts* from companies including Plaid, Daloopa, and EQT Partners. Sign up for a trial to receive the mid-year review later this week. Especially all of you who said you’d sign up for paid in the past two weeks - you know who you are ;)