Company Research Report: Exabel
Company Overview
Name: Exabel
Mission: To make state-of-the-art technology accessible to investors worldwide, enabling them to uncover alpha-generating insights through creative research.
Founded: 2016
Founder: Øyvind Grotmol
Key People:
- Andreas Flåt Aglen, CEO
- Øyvind Grotmol, Founder & CTO
- Øyvind Wergeland, VP Engineering
- Zac Yang, VP Product
- Hugh Sallows, Director Marketing
- Camilla Yang, VP Operations
- Gene Gallagher, Director of Research
Headquarters: Exabel operates in major financial and tech hubs, including Oslo, New York, and London.
Number of Employees: No information is available.
Revenue: No information is available.
Known For: Exabel is renowned for its end-to-end alternative data platform that streamlines data unification, organization, analysis, and visualization of various datasets.
Products
Product Offerings:
Exabel provides a comprehensive alternative data platform designed to integrate disparate datasets into a customizable analytical experience for investment managers and analysts.
Key Features:
- Data Mapping and Integration: Exabel seamlessly incorporates 65+ pre-mapped datasets with fundamental KPIs from sources like Factset and Visible Alpha.
- Analytical Tools: Offers advanced machine learning (ML) and artificial intelligence (AI) tools for KPI prediction and fundamental analysis.
- Customizable Experience: Enables users to incorporate proprietary data alongside pre-existing models to generate unique insights.
- Visualization Tools: Includes tools for sophisticated data visualization, designed for deep data exploration.
Recent Developments
Acquisition and Funding:
- BattleFin Acquisition: On December 17, 2024, Exabel was acquired by BattleFin Group, Inc., a leader in alternative data discovery, which raised $4 million to enhance AI capabilities and expand platform innovation and global presence.
New Partnerships:
- Kayrros Data Partnership: As of December 3, 2024, Exabel integrated the geospatial imaging dataset from Kayrros into their platform. This partnership includes assets such as the 'Equity Tracker' dataset focusing on various industry equities.
Leadership Changes:
- November 25, 2024: Gene Gallagher joined as Director of Research to enhance alternative data insights using partner assets.
- July 10, 2023: Andreas Aglen appointed as CEO, coinciding with a new growth phase for the company.
Additional Features and Developments:
- Data Enhancements: Exabel continues to augment its platform capabilities by integrating various datasets, including app traffic data from Apptopia and geospatial datasets from Kayrros.
Previous Funding and Support:
- February 13, 2023: Exabel was awarded a 14 MNOK grant, suggesting continued financial support for technological advancements.
Conclusion
Exabel advances its mission through groundbreaking data analytics solutions for financial markets, catering largely to investors and data vendors. The recent acquisition by BattleFin and strategic partnerships enhance its capabilities and reinforce its position in the industry, promising an expansive future in alternative data intelligence and analytics.