BattleFin Group, Inc, a market leader and pioneer in the alternative data discovery industry, is acquiring Exabel, an alternative data analytics platform, solidifying BattleFin’s global leadership in both data discovery and data intelligence markets.
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 buy-side alternative data platform in the industry.
According to the vendors, 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.
“BattleFin’s network of buy-side customer relationships and alternative data provider partners is unrivaled. Blending their brand and buy-side experience with our deep technology focus is what drew us together,” said Andreas Aglen, CEO of Exabel. “Together, we will concentrate on further innovating our technology for our customers and expanding into new markets.”
Exabel is a powerful end-to-end solution specifically designed to deliver insights from alternative data.
Models and dashboards developed by Exabel’s team of data scientists can be combined with its catalog of 60-plus pre-mapped 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’s 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 company said.
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.
“The incredible power of the Exabel platform is the best kept secret in the alternative data industry. Exabel allows buy-side investors to derive 5x-10x more value out of the datasets they already own,” said Tim Harrington, founder and CEO of BattleFin. “If you're 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 market.”
Exabel’s buy side platform will be available via distribution at BattleFin’s 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 22-24, 2025.
For more information about this news, visit www.battlefin.com.