About
Tegus provides expert interview transcripts and financial models for investment research. Acquired by AlphaSense for $930M (July 2024) in cash and stock. Had 3,000+ investment manager customers, trusted by 95% of top 20 PE firms. Library of 150K+ transcripts covering 35K+ companies. Raised $112M before acquisition. Charged $300-400/call vs. $1K+ at legacy networks, with subscriptions starting at $20-25K/seat.
Key Facts
- [1]Founded: Founded in 2016 in Chicago, United States.
- [2]Funding: Total funding: $112M. Last round: Sep 2022. Stage: Late Stage.
- [3]Customers: Key customers include Goldman Sachs, KKR, Bain Capital.
- [4]Employees: Employee count: 201-500.
- [5]Acquisition: Acquired by AlphaSense in 2024-07.
- [6]Company Type: Acquired company.
- [7]Website: Official website: tegus.com.
- [8]AI Technology: Core AI/ML technologies: LLM / NLP.
- [9]Region: Region: Americas (United States).
Founders
Michael Elnick
Co-founder & CEO
Thomas Duffy
Co-founder
Key Customers & Partners
AI Technology
LLM / NLP
Large language models for NLP, chat, document understanding, and text generation
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Tegus?
Tegus provides expert interview transcripts and financial models for investment research. Acquired by AlphaSense for $930M (July 2024) in cash and stock. Had 3,000+ investment manager customers, trusted by 95% of top 20 PE firms. Library of 150K+ transcripts covering 35K+ companies. Raised $112M before acquisition. Charged $300-400/call vs. $1K+ at legacy networks, with subscriptions starting at $20-25K/seat. Tegus is classified in the Research & Data segment at the Data layer of the financial AI stack.
Who founded Tegus?
Tegus was founded by Michael Elnick (Co-founder & CEO) and Thomas Duffy (Co-founder) in 2016 in Chicago, United States. The company has been operating for 10 years. The company was acquired by AlphaSense in 2024-07.
How much funding has Tegus raised?
Tegus has raised $112M in total funding, placing the company at the Late Stage stage. The most recent round closed in Sep 2022. Among 58 funded Research & Data companies, Tegus ranks #19 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Tegus use?
Tegus primarily leverages LLM / NLP technology. Large language models for NLP, chat, document understanding, and text generation. Within the Research & Data segment, 19 companies use this technology.
What market segment does Tegus operate in?
Tegus operates in the Research & Data market segment. AI research and data companies provide the intelligence layer of the financial ecosystem — processing vast quantities of structured and unstructured data into actionable insights for investors, analysts, and financial institutions.
Where is Tegus headquartered?
Tegus is headquartered in Chicago, United States. The company operates in the Americas region. The team consists of 201-500 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Tegus's competitors?
Companies similar to Tegus in the Research & Data space include Ocrolus ($142M raised), AlphaSense ($1.6B raised), Sentieo (Now AlphaSense) ($69M raised), Uplinq ($18M raised), Compliance.ai (Archer) ($13M raised). These companies operate in related areas of financial AI: Ocrolus focuses on ai document automation for lending decisions. AlphaSense focuses on ai-powered market and search intelligence. Sentieo (Now AlphaSense) focuses on ai financial data and research platform. (Based on AIFI Map classification data.)
What products does Tegus offer?
Tegus builds data-layer solutions for the financial services industry. The company's core offering: AI-generated investment research summaries. The platform is powered by LLM / NLP technology. Notable users include Goldman Sachs, KKR, Bain Capital.
Is Tegus publicly traded?
Tegus is no longer independently traded. The company was acquired by AlphaSense in 2024-07. Prior to the acquisition, Tegus had raised $112M in venture funding.