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§ Private Profile · Oslo, Oslo, Norway
Cloud platform for buy-side investment managers, integrating alternative data with fundamental KPIs for AI-driven prediction modeling.
Based in Oslo, Norway, Exabel operates a cloud-based analytics platform that organizes, visualizes, and transforms alternative data for investment managers and institutional asset owners. The enterprise software-as-a-service company utilizes artificial intelligence and data mapping to integrate alternative datasets with fundamental key performance indicators, enabling buy-side financial firms to build predictive models and inform their investment decisions. Operating with an estimated 21 to 50 employees, the company generates approximately $2.2 million in annual revenue and has invested over $21 million into its core platform development following $17.94 million in total venture funding. In December 2024, the business was acquired by alternative data provider BattleFin in a strategic corporate transaction supported by institutional investors including AWC, Jefferies, and the London Stock Exchange Group. Exabel was originally founded in 2016 by co-founders Andreas Flåt Aglen and Øyvind Grotmol.
Exabel has raised $13.7M across 2 funding rounds.
Exabel has raised $13.7M in total across 2 funding rounds.
Exabel has raised $13.7M across 2 funding rounds. Most recently, it raised $9.0M Debt / Seed in March 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 10, 2021 | $9M Debt Financing | AWC | — | Announced |
| Aug 27, 2018 | $4.7M Seed | — | Anden Desgruppen, Axan Invest, First Partners Holding 5, Holta Invest, LT Invest, Melesio Capital, Sanden, Vatne Equity | Announced |
Exabel has raised $13.7M in total across 2 funding rounds.
Exabel's investors include AWC, Anden desgruppen, Axan Invest, First Partners Holding 5, Holta Invest, LT Invest, Melesio Capital, Sanden, Vatne Equity.