Leading alternative data firm surpasses unicorn status, ushers in a new era of market research
YipitData today announced a Series E funding round, led by global investment firm Carlyle. YipitData has gained rapid momentum among institutional investors and corporations with its highly accurate, detailed research and analytics on the most disruptive and digitally enabled sectors in the world, including ridesharing, e-commerce marketplaces, payments and streaming video. YipitData will use the funding for product innovation and expansion into new markets.
Carlyle strives to be the partner of choice for founders. This investment in YipitData builds on the firm’s momentum investing in fast-growing, founder-owned data businesses including ZoomInfo, Dealogic, and TrinetX. This investment is also a continuation of Carlyle’s long-term global commitment to Financial Technology, in which it has invested ~$5 billion of equity since inception. Carlyle’s significant fintech experience includes investments in leading businesses such as Abrigo, ION, Dealogic, OpenLink, SS&C, Primatics, and Calastone, among others.
Read more/Source: PRNewswire
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