New York – October 7, 2025 – AI market intelligence platform AlphaSense introduced the acquisition of Carousel, an AI-powered Excel modeling firm.
This acquisition provides Carousel’s modeling expertise to AlphaSense’s generative AI suite, making a unified intelligence providing – from paperwork to monetary knowledge, and now dynamic fashions.
For many years, Excel has been central to decision-making, but constructing fashions has required burdensome handbook workflows. With Carousel added as an extension of AlphaSense’s end-to-end AI platform, clients will be capable of create and replace monetary fashions nearly on the velocity of thought. AlphaSense will uniquely mix generative Excel modeling on prime of the world’s most in depth premium content material universe, together with its absolutely drivable Canalyst fashions for 4,500 firms, incorporating historic financials and granular KPI drivers for detailed modeling of each firm’s monetary efficiency.
“This acquisition extends and accelerates our efforts to automate monetary workflows with Generative AI, uniquely combining Canalyst’s one-of-a-kind knowledge asset with Carousel’s AI pushed modeling software,” mentioned Jack Kokko, CEO and Founding father of AlphaSense. “AlphaSense has lengthy been the chief in AI-driven market intelligence. By incorporating what the Carousel crew has constructed, we prolong that management into Excel, streamlining probably the most vital analytical workflows within the monetary and enterprise world.”
Carousel eliminates essentially the most tedious elements of an analyst’s workflow – extracting knowledge from PDFs and shows, formatting fashions, constructing formulation, and explaining advanced logic. Now, as Carousel’s modeling velocity turns into seamlessly embedded into the AlphaSense ecosystem, it evolves from an execution software into an iterative thought accomplice. Analysts can spend much less time wrestling with handbook duties and extra time producing strategic insights, with AI that not solely builds fashions sooner but additionally permits clever iteration – serving to them sharpen their craft and ship the high-value evaluation that drives smarter, sooner choices.
It will ship unmatched velocity, accuracy, and depth of perception by enabling clients to:
● Construct and iterate on fashions knowledgeable by market intelligence: Carousel can each construct first drafts and iteratively refine fashions with pure language. With AlphaSense
built-in, analysts can incorporate insights from earnings calls, analysis stories, and aggressive filings to drive their modeling assumptions and discover new strategic angles, all with out leaving Excel.
● Ingest unstructured sources from wherever into Excel: Carousel already extracts knowledge from user-provided PDFs, CSVs, and shows. With AlphaSense built-in,
analysts also can search throughout 1000’s of filings for particular line objects buried in footnotes or throughout a number of 10-Ks, pulling exact knowledge factors immediately into fashions
with out handbook searching.
● Perceive, clarify, and verify fashions: Mannequin Walkthrough breaks down cell-level formulation into plain language, whereas Carousel’s chat interface helps customers perceive
how fashions are architected and laid out. Senior crew members can rapidly get snug with junior crew members’ work, simplifying opinions, guaranteeing accuracy,
and accelerating onboarding.
● Work with context-aware AI immediately in Excel: Carousel understands your mannequin’s context to assist analysts take a look at extra situations, pursue various hypotheses, and stress-
take a look at assumptions totally. Analysts achieve leverage to pursue deeper insights that would in any other case require days of handbook work.
“Carousel takes care of tedious Excel work, however along with AlphaSense, we will now construct towards an even bigger alternative,” mentioned Daniel Wolf, Co-Founding father of Carousel. “By pairing our modeling velocity with AlphaSense’s unparalleled intelligence capabilities, thousands and thousands of paperwork, and 1000’s of Canalyst fashions, we can assist analysts iterate with market insights and pursue deeper evaluation they wouldn’t have time for in any other case. We are able to make analysts higher, not simply sooner.”
This acquisition reinforces AlphaSense’s place because the market’s AI and intelligence chief whereas increasing its worth proposition from analysis to modeling – and from perception to motion. The combination of Carousel’s expertise ensures a seamless, in-platform expertise the place Excel modeling is embedded immediately into AlphaSense’s generative AI workflows, enabling clients to work smarter and sooner than ever earlier than.
The monetary phrases of the transaction weren’t disclosed.
