Jack Kokko is the founder and Chief Executive Officer (CEO) of AlphaSense, a market intelligence and search platform. He founded the company in 2008 to address a gap in the research processes.
Jack Kokko Net Worth
Jack Kokko is the founder and Chief Executive Officer (CEO) of AlphaSense. Kokko founded the company in 2008 with Raj Neervannan, who serves as the chief technology officer (CTO), to address a gap in the research process that they had both encountered over the years.
While studying at The Wharton School, they realized that despite advancements in technology, the tools available for professionals to conduct research were inefficient and outdated. Many relied on manual, time-intensive methods to sift through massive volumes of data from disparate sources. So, the duo aimed to create a tool that could cut through the noise by applying machine learning (ML) and natural language processing (NLP).
AlphaSense is an AI-powered market intelligence and search platform that helps professionals make informed business decisions. It provides access to a vast universe of public and private content, including company filings, event transcripts, expert calls, news, trade journals, and equity research.
And now, the market intelligence and search platform is worth over $4 billion.
| Jack Kokko’s Personal Stats and Other Details | |
| Residence | New York City Metropolitan Area, New York City, United States |
| Citizenship | American |
| Marital Status | Unknown |
| Children | Unknown |
| Education | Degree in Electrical Engineering from the University of Oulu; Bachelor’s in Finance from Helsingin kauppakorkeakoulu; MBA for Executives from The Wharton School |
| Current Net Worth and Salary (2024) | Unknown |
| Companies | AlphaSense, Morgan Stanley, Silecs, Inc. |
| Achievements | Founder and CEO of AlphaSense |
This article will look into Jack Kokko’s net worth, education, career, and more.
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Unfortunately, there is no information available on Jack Kokko’s net worth. We will update this section as soon as we come across any reliable information on Kokko’s wealth.
However, it is worth noting that Kokko as the CEO and founder of a billion-dollar company, Kokko’s base pay, bonus, stocks, and shares, must be substantial.
Jack Kokko pursued a Master of Science in Electrical Engineering (MSEE) from the University of Oulu, from 1993 to 1997. Following his interest in finance, he attended Helsingin kauppakorkeakoulu (Helsinki School of Economics), for a a Bachelor of Science (B.Sc.) in Finance.
Later, he enrolled in the MBA for Executives program at The Wharton School, University of Pennsylvania.
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Jack Kokko’s career began in 1997 as a Senior Analyst at Morgan Stanley. There he was part of the tech M&A team in Menlo Park. This experience shaped his understanding of finance, the market, and the intense work ethic required to succeed in a high-stakes environment. Kokko gained invaluable skills in efficiency, discipline, and resilience through the analyst program, preparing him for his future as an entrepreneur.
In 2000, Jack Kokko co-founded Silecs, Inc., where he served as CEO for eight years. At Silecs, he worked on advanced materials technology, building the company from the ground up. This role gave him hands-on experience in leading a startup, honing his abilities in management and innovation.
Jack’s journey took a significant turn in 2008 when he founded AlphaSense, Inc., where he continues to serve as CEO. The idea for AlphaSense was born from his experience at Morgan Stanley, where he often struggled to find key insights amidst massive amounts of information. Recognizing a widespread need for efficient data retrieval in finance, he collaborated with Raj Neervannan, whom he met at Wharton. The duo aimed to develop a machine learning-powered search engine. This technology allows financial and knowledge professionals to extract insights from vast data sources quickly and accurately. This revolutionized the research processes in the industry.
From 2011 to 2017, Jack Kokko also served as the Founding Chairman (non-executive) of BetterDoctor in the San Francisco Bay Area. In this role, he continued to expand his influence, bringing his entrepreneurial vision to health tech and contributing to the company’s success in providing reliable health care provider information.
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AlphaSense recently achieved a $4 billion valuation after raising $650 million in a funding round led by Viking Global Investors and BDT & MSD Partners. Existing stakeholders like Alphabet’s CapitalG and Goldman Sachs Alternatives participated, along with new investors such as J.P. Morgan Growth Equity Partners, SoftBank’s Vision Fund 2, Blue Owl, and Alkeon Capital.
This funding boost came shortly after AlphaSense reported surpassing $200 million in annual recurring revenue in April 2024.
Alongside this valuation increase, AlphaSense also signed a $930 million acquisition deal for Tegus, a Chicago-based firm known for its extensive database on public and private companies. Tegus’ data offerings, covering sectors like consumer goods, energy, life sciences, and TMT (technology, media, and telecom), will expand AlphaSense’s platform with valuable financial data on over 35,000 companies.
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How much is AlphaSense worth?
AlphaSense achieved a $4 billion valuation after raising $650 million in a funding round led by Viking Global Investors and BDT & MSD Partners.
Who is the CEO of AlphaSense?
The CEO of AlphaSense is Jack Kokko. Kokko who previously worked as a senior analyst at Morgan Stanley, collaborated with Raj Neervannan, his peer at Wharton, to found AlphaSense.
Where is AlphaSense headquarters?
AlphaSense is headquartered in New York City, New York. The company was founded in 2008 by Jack Kokko and Raj Neervannan to extract insights from vast data sources quickly and accurately.
This post was last modified on October 29, 2024 3:34 am
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