AlphaSense Raises $50 Million in New Funding

Company that uses AI to comb through financial data plans to add more features to its search tool

AlphaSense Inc., a developer of advanced search tools for parsing financial data, said Wednesday that it raised $50 million in additional venture-capital funding, bringing its total to $90 million.

The New York-based technology company’s search engine taps artificial intelligence to interpret not just keywords but also related terms and their possible connections—such as “forecast,” “guidance” and “expectations.” AlphaSense’s customers are investment professionals and business executives who use it for search results from...