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AlphaSense

Score9.4 out of 10

367 Reviews and Ratings

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What is AlphaSense?

AlphaSense is a market intelligence platform used by companies and financial institutions. Since 2011, their AI-based technology has helped professionals make business decisions by delivering insights from public and private content—including company filings, event transcripts, news, trade journals, and equity research. The platform boasts users among 4,000 enterprise customers. Headquartered in New York City, AlphaSense employs over 1,000 people across offices in the U.S., U.K., Finland, and India.

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Media

Screenshot of AlphaSense's AI search, available across 2,000+ premium business data sources including SEC filings, earnings calls, broker research, business journals, and news. It can be used to stay ahead of market-moving trends and instantly surface critical information buried within millions of documents.
Screenshot of a single view of the industries, companies and themes within a fully-customizable dashboard, that can be tailored to fit any research process.
Screenshot of a purpose-built generative AI that offers insights from a premium content universe.

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Screenshot of AlphaSense's AI search, available across 2,000+ premium business data sources including SEC filings, earnings calls, broker research, business journals, and news. It can be used to stay ahead of market-moving trends and instantly surface critical information buried within millions of documents.

Top Performing Features

  • Industry-Specific Information

    The quality and completeness of industry-specific information, e.g., the progress or success of clinical trials in the pharmaceutical industry

    Category average: 8.2

  • Macroeconomic News

    The quality and completeness of news and information about current macroeconomic events and trends

    Category average: 8.2

  • M&A Analysis

    The quality and completeness of mergers and acquisitions filings, news, rumors, etc.

    Category average: 8.1

Areas for Improvement

  • ESG Data

    The quality and completeness of data on Environmental, Social, and Governance practices

    Category average: 6.4

  • Private Company Data

    The ability to access fundamentals, earnings, or other information for companies that are not publicly listed

    Category average: 6.4

  • Credit Ratings Reports

    The quality and completeness of information on corporate credit ratings

    Category average: 6.1

Pros

  • AI-driven summaries and insights from complex financial documents
  • Aggregation of diverse information sources (broker research, company documents, news)
  • Robust and intuitive search functionality with smart keyword recognition

Cons

  • Search functionality can be cumbersome and yield ineffective results for specific or long-term queries
  • Limited sophistication of current AI agents for complex queries and richer data insights
  • Limitations in real-time financial data and comprehensive private company information

Best tool

Use Cases and Deployment Scope

We use it for earnings followups, executive intelligence requests, financial modeling, creating ppts. The business problem is that there is too much noise, and we need to parse entertainment from key intelligence. The scope ranges from competitor intelligence to new customer product strategy and expansion to new industries and verticals

Pros

  • Great at reflecting customer feedback in the product
  • Very agile sales and product teams that seem to be in great sync
  • Great at adding one new AI tools to transform the platform

Cons

  • Providing solutions for heavy IT security corporates
  • More trainings to be able to better understand and try tools
  • More integration into my workflows

Return on Investment

  • Greater productivity
  • Greater breadth, thorough coverage
  • Speedy turnaround on executive requests

Usability

Alternatives Considered

Bloomberg Terminal and FactSet Workstation

Other Software Used

Anthropic Claude, Claude Cowork, ChatGPT

Great tool

Use Cases and Deployment Scope

AlphaSense helps centralize and summarize updates about customers and competitors/ peers. It saves a lot of time when we need to report on earnings, news, events and even new markets or opportunities that we need to familiarize with, quickly and objectively.

Pros

  • Summarize
  • Centralize
  • Draft analysis and conclusions (the so what)

Cons

  • Have a more transparent and detail process to evaluate the security used to protect customer's proprietary data, so that each customer's IT team can evaluate and trust AlphaSense security implementation.
  • Related to security as well, until IT doesn't fully understand the security implemented, we won't be able tu maximize tools access like Microsoft plug-ins and connectors.
  • A lot of new features are being released and it's becoming difficult to follow both what is possible and how to do it. We appreciate the new features, but there should be a way to quickly ramp up on them.

Return on Investment

  • Time saving during research phase
  • Initial draft on analysis and potential conclusions.

Usability

Other Software Used

Anthropic Claude

One-stop shop for competitive intelligence research

Use Cases and Deployment Scope

I use it extensively for earnings analysis, industry news alerts and ad hoc research

Pros

  • Earnings analysis
  • Financial models
  • Citations
  • Expert interviews

Cons

  • Ease of sharing work with colleagues
  • Coordinating with multiple people fir projects
  • Too many updates/ difficult to keep up

Return on Investment

  • Productivity gained
  • Much deeper comprehensive research
  • Broad content coverage - able to back up research confidently
  • strong financials

Usability

Alternatives Considered

PitchBook and CB Insights

Other Software Used

Microsoft Copilot Studio, Perplexity, CB Insights

Good and credible research tool for AI driven insights

Use Cases and Deployment Scope

I use AlphaSense to create earning call dashboard for healthcare sectors. I also use it for searching reports on specific topics/themes.

Pros

  • The Generative Grid is really good platform for generating insights using AI
  • The Helpdesk is very responsive and helpful
  • User interface is great

Cons

  • It would be great to see some Agentic AI capabilities in AlphaSense in future that can execute standard research tasks
  • There could be some ‘plug-in’ features to link it with Excel for quantitative analysis
  • If AlphaSense can start sending a dossier on sector trends that would be incredibly useful!

Return on Investment

  • Saves a lot of time doing secondary research
  • Good and useful feature to download reports/analysis
  • Credible source

Usability

Alternatives Considered

S&P Capital IQ, LSEG Eikon, Evaluate, Clarivate Biopharmaceutical and Healthcare & Medtech Learning Solutions

Other Software Used

S&P Capital IQ, PitchBook, Evaluate

AlphaSense easy to use tool helps us to stay on top of the competitive environment

Use Cases and Deployment Scope

In my role I use AlphaSense for on-going monitoring of the competitive environment for the disease areas we focus on. The dashboards provide a quick and up-to-date view of the latest news from a plethora of sources that ensures most perspectives are covered. With the daily e-mails I am also reminded in a smooth way.

Pros

  • Source information from various types of sources
  • Easy set up of searches and monitoring alerts
  • Clear overview of what information is new

Cons

  • Management of dashboard in terms of marking information as read/not read
  • Adding possibility to tag information for internal dashboards
  • Availability of all information in just one subscription (no additional features as add-ons)

Return on Investment

  • Very deep insights in the evolving competitive landscape
  • Broad range of sources allows for a very complete picture of the areas we are assessing

Usability

Alternatives Considered

GlobalData and Cortellis

Other Software Used

GlobalData