Atheneum receives $150 million in growth capital to expand its research solutions

Expert networks research platform Atheneum announced it has received $150 million in a growth capital funding round, fueling the company’s market expansion in the U.S., continued technology and product development, and hiring initiatives.

The funding round was led by Guidepost Growth Equity. Existing investors also participated in the round including Crosslantic Capital Management, Michael Brehm, Vogel Communications Group, and the founding management team of Atheneum.

Through its proprietary machine learning software and cloud-based insights platform “Athena One”, Atheneum delivers qualitative (expert consultations and placements) and quantitative (surveys and data products) research solutions to businesses around the world.

This on-demand access to global intelligence helps users to quickly understand cutting edge industry trends and the critical in-depth market information needed to drive business expansion, operational excellence and product innovation. Atheneum has built significant global capabilities and solutions across a variety of industries with a particular strength in life sciences and technology, according to the vendor.

“We are excited for the next phase of growth and to further disrupt the fast growing, $22 billion data and intelligence market,” said Mathias Wengeler, Atheneum co-founder and CEO. “Our vision is to build a fully digital cockpit for primary research, a one stop shop to gather raw data from surveys, virtual focus groups to in-depth interviews—all delivered by our evolving suite of products.”

For more information about this news, visit www.atheneum.ai.