Funds and Launch for Enterprise Tech Insights Firm Alium

In New York, Alium, which offers buyer intelligence to help companies make technology decisions, has emerged from stealth mode with more than $7m in funding. Founders are two former employees of market intelligence platform CB Insights, including its COO Jonathan Sherry.

Alium interviews enterprise tech buyers and facilitates peer-to-peer discussions among them, combining this with AI to answer client questions about potential tech purchases and 'hear the honest truth' about it. Vendors can access anonymous insights to improve their understanding of their position in the market, get feedback about their offering and understand enterprise purchase cycles.

Sherry (pictured above) and his co-founder Alexandre Testu (below), an engineer from CB Insights, have already compiled a number of brand partners and technology vendor customers. The $7m comes from investors Greycroft and Primary, and will be used to expand operations and further product and service development.

Sherry, who is the company's CEO, comments: 'Decision-makers trust people like them at other companies. Alium is designed to give these buyers access to peer insights through real conversations, not outdated case studies or pay-for-play 'reviews.' By speaking to hundreds of decision-makers across enterprise organizations, we provide the richest, most updated set of buyer insights available'.

Web site: www.alium.io .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.