ROWAYTON CT UNITED STATES December 17 2024 EINPresswirecom BattleFin Group Inc a market leader and pioneer in the alternative data discovery industry today announced it has acquired Exabel an alternative data analytics platform The merged company has raised 4 million in investment funding led by AWC and Jefferies in combination with a previous investment from the London Stock Exchange Group Exabel has invested over 21 million dollars to build the most advanced buyside alternative data platform in the industry The acquisition solidifies BattleFinâs global leadership in both data discovery and data intelligence markets Exabel is a powerful endtoend solution specifically designed to deliver insights from alternative data Models and dashboards developed by Exabelâs team of data scientists can be combined with its catalog of 60 premapped datasets to provide value down to ticker level out of the box Further flexibility in allowing users to bring their own data and build upon existing models empowers users to create their own unique proprietary insights Exabel is set apart by this dualability to deliver immediate value while allowing more datasavvy users to truly dive deeper Exabelâs platform data exploration data mapping and artificial intelligence prowess are the most advanced in the alternative data industry raising a new standard for data analytics and KPI prediction The technology was built by the brightest minds in mathematics data science and engineering including Math Olympians Informatics Olympians as well as former employees at leading financial institutions like Blackrock and Goldman Sachs and established data vendors like Yipit and Similarweb Created in 2012 BattleFin has scaled its leadership in alternative data discovery by establishing partnerships with more than 800 alternative data companies as well as 300 financial service and corporate business customers BattleFin has aggregated a comprehensive catalog of 2800 datasets The combined data intelligence power of BattleFin and Exabel is poised to create an unparalleled network effect slated to empower both data buyers and data providers worldwide The platform does not have a revenue share and offers increased exposure to data providers on the platform Many current data partners have found value using Exabel as a visualization and presales tool This combination makes BattleFin and Exabel the dominant alternative data platform for asset managers and corporate data users âBattleFinâs network of buyside customer relationships and alternative data provider partners is unrivaled Blending their brand and buyside experience with our deep technology focus is what drew us togetherâ said Andreas Aglen CEO of Exabel âTogether we will concentrate on further innovating our technology for our customers and expanding into new markets â âThe incredible power of the Exabel platform is the best kept secret in the alternative data industry Exabel allows buyside investors to derive 5x10x more value out of the datasets they already ownâ said Tim Harrington Founder and CEO of BattleFin âIf youre a fund looking to gain conviction in the positions you own or do deep investigative research on new ideas you need to trial the Exabel platform It stands out as the best buy side platform on the marketâ âWe are excited to be a part of this amazing combination which brings together discovery and analytics We look forward to supporting and being part of their future growthâ said Stuart Brown Group Head of Data and Feeds at London Stock Exchange âExabelâs technology is already the best in the market Combine that with BattleFinâs reach and deep industry expertise and you get a product and insights that will leapfrog the data intelligence industry forwardâ said Arve Ree CEO at AWC Looking AheadExabelâs buy side platform will be available via distribution at BattleFinâs global events in Miami Singapore New York London and Chicago Data buyer attendees will be able to preview new additional features of the Exabel platform at the BattleFin Discovery Day Miami event taking place January 2224 2025 Data providers that are on the platform or are interested in joining the platform will be invited to BattleFin Miami on January 22nd for a Data Provider Partner Day For more information about BattleFin visit wwwbattlefincom or contact infobattlefincom For more information about Exabel visit wwwexabelcom or contact contactexabelcom Request a demo httpswwwexabelcomdemoJessica Cooper BattleFin 1 6505152071 JessicaBATTLEFINCOM Visit us on social media X LinkedIn Legal Disclaimer EIN Presswire provides this news content as is without warranty of any kind We do not accept any responsibility or liability for the accuracy content images videos licenses completeness legality or reliability of the information contained in this article If you have any complaints or copyright issues related to this article kindly contact the author above