What is Exabel?
Exabel operates as a next-generation alternative data platform tailored for investment managers. The company offers an extensive catalog of over 75 integrated alternative datasets, facilitating comprehensive data analysis for portfolio managers, analysts, data scientists, and data strategists. Exabel's core value proposition lies in its ability to harmonize disparate data sources, enabling clients to discover, evaluate, and analyze key performance indicators (KPIs) efficiently. By streamlining the investment process, Exabel empowers its diverse clientele, including hedge funds and pension funds, to derive actionable insights and enhance their prediction modeling capabilities.
How much funding has Exabel raised?
Exabel has raised a total of $17.3M across 3 funding rounds:
Other Financing Round
$4.7M
Unspecified
$3.6M
Angel/Seed
$9M
Other Financing Round (2018): $4.7M, investors not publicly disclosed
Unspecified (2020): $3.6M led by Innovation Norway
Angel/Seed (2021): $9M supported by AWC Inc
Key Investors in Exabel
Innovation Norway
Innovation Norway is a state-owned company that works to promote innovation and development within Norwegian enterprises. Their investment likely supports Exabel's growth and internationalization efforts.
AWC Inc
AWC Inc is an entity that has participated in Exabel's funding rounds. Further details on their investment focus are not publicly available.
What's next for Exabel?
The recent major strategic investment in Exabel signals a pivotal moment for the company, likely enabling accelerated product development, expansion into new markets, and further enhancement of its alternative data offerings. With a substantial total funding amount of $17.3M, Exabel is well-positioned to solidify its leadership in the competitive financial data landscape. Future growth will likely focus on deepening integrations with existing clients and attracting new institutional investors seeking to leverage advanced data analytics for alpha generation. The company's trajectory suggests a continued focus on empowering investment managers with cutting-edge data intelligence.
See full Exabel company page
