Acquisition2024-12-17confirmed

BattleFin Group, Inc. × Exabel

BattleFin, a market leader in the alternative data discovery space, announced its acquisition of Exabel, an alternative data analytics platform. [42] The acquisition price was not disclosed, but the merged company announced it has raised $4 million in funding to power AI enhancements and expansion. [42, 46] The deal combines BattleFin's data discovery events and network with Exabel's analytics platform to create a more dominant end-to-end solution for asset managers. [42]

Price paid
Not disclosed
Losing bid
Per unit
no meaningful ratio

The asset

An alternative data analytics platform designed for investment teams to deliver insights from alternative and fundamental data. [42, 68]

The record

Seller status
Going concern
Sector
Alternative data analytics
Modalities
software_platform, data

What it means if you hold data

This acquisition represents a key consolidation in the alternative data ecosystem, merging data discovery with data analytics. The combination aims to create a more seamless workflow for the buy-side, allowing investors to move from discovering a dataset on BattleFin's network to analyzing it on Exabel's platform, thereby increasing the value derived from alternative data. [42, 46]

Sources