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Carlyle invests in alternative data firm, raising $475m in Series E funding
Other - DECEMBER 6, 2021

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Carlyle invests in alternative data firm, raising $475m in Series E funding

by Released

YipitData announced a Series E funding round, led by global investment firm Carlyle.

YipitData aims to provide accurate, detailed research and analytics on the most disruptive and digitally enabled sectors in the world, including ridesharing, e-commerce marketplaces, payments, and streaming video. YipitData will use the funding for product innovation and expansion into new markets.

“The amount of data generated grows exponentially every year and can be valuable in providing accurate, detailed insights across all types of markets. However, the data is raw, unstructured and constantly changing, making it very difficult for companies to use it in any meaningful way,” said Vinicius Vacanti, co-founder and CEO of YipitData. “That is where YipitData comes in. We specialize in analyzing billions of data points every day to provide reliable insights to investment funds and corporations so they can make better decisions. With this funding from Carlyle, we will usher in a

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