NEWS27 August 2021

Atheneum raises funding of $150m

B2B Europe News North America

US & GERMANY – Business-to-business research technology platform Atheneum has secured $150m in growth capital led by Guidepost Growth Equity.

Atheneum founders Mathias Wengeler, Marta Margolis and Ammad Ahmad

Atheneum offers qualitative and quantitative research services to businesses, including access to industry experts, through its insights platform and machine learning software. The company was founded in 2010.

Atheneum has 11 offices, including London, Munich and Shanghai, with US headquarters in New York.

The funding will bolster the company’s plans for market expansion, including in the US, and aid its technology development and hiring.

As part of this, it plans to increase UK headcount from 50 to 200 in the next 12 months.

Roshen Menon and Chris Cavanagh, general partners at Guidepost, join Atheneum’s board as part of the backing.

Mathias Wengeler, co-founder and chief executive, Atheneum (pictured, left), said: “Guidepost shares our vision to continue to build a fully digital cockpit for primary research, a one stop shop to gather raw data from surveys, virtual focus groups to in-depth interviews.”

Menon added: “Atheneum is redefining how business intelligence is being shared across the globe by connecting enterprise organisations with the highest quality information at record speed.”

Pictured (left to right): Atheneum founders Mathias Wengeler, Marta Margolis and Ammad Ahmad