Exabel
Exabel is a Norwegian alternative data analytics platform serving institutional investors. It integrates 75+ datasets with fundamentals to provide predictive KPI modeling, data harmonization, and evaluation tools for hedge funds, asset managers, and pension funds globally.
- Company typePrivate
- Founded2016
- HeadquartersOslo, Norway
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Exabel does
Exabel (legal entity: Exabel AS) is a Norwegian-headquartered alternative data analytics platform founded in 2016 in Oslo, serving institutional investment managers across hedge funds, asset managers, pension funds, and sovereign wealth funds. The platform integrates 75+ alternative datasets — spanning geolocation, card transactions, app traffic, employment, and sentiment — with fundamental data from FactSet and Visible Alpha, and applies machine learning to forecast company KPIs across 24,000+ mapped KPIs and 950+ core tickers. Its core architecture is organized around three tiered SaaS products: Exabel Core (predictive KPI modeling for Portfolio Managers and Analysts), Exabel Edge (custom model building and proprietary data integration for Data Scientists), and Exabel Seeker (data discovery and evaluation for Data Strategists). A complementary productized workflow, Exabel for Data Seekers, was launched in October 2025 to cut dataset evaluation and integration time by up to 50%.
The business operates a tiered annual subscription model with quote-based pricing, augmented by professional services and enterprise add-ons (API access, Bring Your Own Data, SSO with Okta/Azure AD/Google Workspace/SAML/OpenID). GTM is sales-led, anchored by an SVP Head of Sales, with event-driven leverage through BattleFin Discovery Day conferences in Miami, NYC, and London following BattleFin Group's acquisition of Exabel in December 2024 alongside a $4 million capital raise. The company also runs a Vendor Partnership program enabling alternative data providers to reach discretionary buy-side investors through the platform, creating a two-sided marketplace dynamic.
Exabel maintains offices in Oslo (HQ), New York, and London, with claimed global reach spanning North America, Europe, Asia Pacific (Hong Kong, Singapore), LATAM (Brazil, Mexico), and the Middle East (UAE). Customer logos include a $500B+ AUM European Pension Fund, a $300B+ AUM Global Asset Owner, a $5-10B AUM Asia Pacific Hedge Fund, and smaller funds from $100M AUM upward. The company achieved ISO 27001 certification in 2022 and is led by Tim Harrington as CEO (of both BattleFin and Exabel), with Sarah Smith as SVP Head of Sales, Harrison Perl as Head of Product, Gene Gallagher as Director of Research, Øyvind Wergeland as VP Engineering, and Camilla Yang as VP Operations. Product momentum in 2025 has included the launch of Hierarchical Modelling (June) and Exabel for Data Seekers (October), plus the addition of 12 new data vendor partners and 35+ new datasets.
Exabel firmographics
Firmographics- Name
- Exabel
- Legal name
- Exabel AS
- Website
- https://exabel.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Exabel is a Norwegian alternative data analytics platform serving institutional investors. It integrates 75+ datasets with fundamentals to provide predictive KPI modeling, data harmonization, and evaluation tools for hedge funds, asset managers, and pension funds globally.
- Ownership category
- akta.pro rank
Exabel industry classification
Industry- Product category
- Investment Analytics Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Miscellaneous Intermediation (523910)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Alternative Data Providers (Web, Satellite, Geolocation, ESG Signals) (FSAFAIAH)
Keywords
Where Exabel is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices3 records
Markets served
Exabel business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Software Platform Subscription (Core, Edge, Seeker): Tiered SaaS subscription model with three product tiers: Core (for Portfolio Managers & Analysts), Edge (for Data Scientists), and Seeker (for Data Strategists). Each tier provides different feature sets for KPI analysis, data evaluation, and fundamental analysis. Subscription includes access to platform, pre-integrated datasets, and analytics tools. Pricing is quote-based, not publicly disclosed.
- Professional Services: Dedicated research support for data evaluation, custom dashboard development, analytics solutions, and specialized model development. Extends evaluation capacity and helps clients assess more vendors and identify valuable signals faster.
- Enterprise Add-ons: Additional enterprise features including API Access & MCP for programmatic KPI model access, Bring Your Own Data (BYOD) for proprietary data onboarding, SSO integration (Okta, Azure AD, Google Workspace, SAML, OpenID), and extended data integrations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Core tier for Portfolio Managers & Analysts |
| Subscription | Annual | Edge tier for Data Scientists |
| Subscription | Annual | Seeker tier for Data Strategists |
| Subscription | Annual | Enterprise Features (API, BYOD, SSO, Professional Services) |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels8 records
Exabel product offering
Product offeringCore offering
Exabel provides a next-generation alternative data analytics SaaS platform that integrates 75+ pre-integrated alternative datasets with fundamental data from FactSet and Visible Alpha. The platform enables institutional investors to build predictive KPI models, harmonize disparate vendor data sources, evaluate alternative datasets, and generate alpha from unified fundamental, proprietary, and alternative data workflows.
Product overview
Exabel is a next-generation alternative data analytics platform designed to help investment teams derive alpha-generating insights from alternative data. The platform operates as a unified platform-plus-modules architecture built around three core product tiers (Core, Edge, Seeker) targeting different user roles. Exabel Core serves Portfolio Managers and Analysts with predictive KPI modeling and earnings surprise anticipation; Exabel Edge enables Data Scientists to build custom models with proprietary data integration; Exabel Seeker accelerates Data Discovery and evaluation for Data Strategists. Supporting these core tiers are specialized features including Data Catalog (75+ pre-integrated vendor datasets), Data Discovery, Data Evaluation, KPI Analysis (screener and alerts), Fundamental Analysis dashboards, and a Vendor Partnership program. The platform integrates foundational data from FactSet and Visible Alpha, harmonizes multiple alternative data sources, and enables users to build custom KPI mappings and models. Recent additions include Exabel for Data Seekers (productized evaluation workflow) and Hierarchical Modelling (advanced forecasting for profitability metrics).
Differentiator
Problem solved
Functional benefit
Brands
- Exabel Edge: Build an edge through custom models and proprietary analysis – curate your own KPI mappings to train and evaluate bespoke models with greater confidence and control.
- Exabel Seeker
- Exabel Core
- Exabel for Data Seekers
Products and services
- Exabel Core Core platform tier for Portfolio Managers and Analysts providing predictive KPI modeling and an analytics overlay to anticipate earnings surprises and generate alpha across core investment universes.
- Exabel Edge Advanced platform tier for Data Scientists enabling custom models and proprietary analysis with curated KPI mappings to train and evaluate bespoke models with greater confidence and control.
- Exabel Seeker Platform tier for Data Strategists to accelerate data discovery and evaluation. Users explore live coverage statistics and KPI backtests to uncover the most relevant datasets for their investment universe before seeking trials.
- Exabel for Data Seekers Purpose-built productized workflow for Data Sourcing and Data Strategy teams that cuts dataset evaluation and integration time by 50%. Features bottom-up and top-down discovery with summary statistics for decision-making.
Quantifiable outcome
- Cut dataset evaluation time by 50%
- +2 more outcomes
Companies that use Exabel
Customer profileNamed customers4 records
Segments6 records
Ideal customer profiles2 records
Exabel technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability3 records
Feature8 records
Exabel partnerships and signals
Strategic signalScale indicators9 records
Recent moves7 records
Expansion highlights6 records
Exabel competitors and assessment
Company assessmentBroad incumbents
- AlphaSense: AlphaSense (which acquired Sentieo) is a market intelligence and enterprise search platform widely adopted by asset managers, hedge funds, and corporates for research workflows. It overlaps with Exabel's fundamental analysis and research-tooling use cases but serves a broader corporate buyer base.
Emerging players
- Similarweb: Similarweb provides digital intelligence alternative datasets (web and app traffic) widely consumed by institutional investors. It is both a data partner to Exabel's catalog and a partial competitor for digital-data-driven investment research use cases.
- Measurable AI: Measurable AI provides alternative data on consumer spending and transaction panels. It is a 2025-added data partner to Exabel and a partial competitor for transaction-data-driven KPI modeling at hedge funds.
- Advan: Advan provides alternative data derived from foot traffic and geolocation signals to investors and corporates. It is both an Exabel data partner (added in 2025) and a partial competitor for location-based alt-data analytics use cases.
- Thinknum: Thinknum provides web-sourced alternative datasets (job postings, company KPIs, real estate) to institutional investors. It overlaps with Exabel's catalog of structured alternative datasets and KPI-tracking capabilities.
Direct peers
- BattleFin Group: Exabel's parent company and operator of the leading alternative data Discovery Day events. BattleFin competes in the same alt-data ecosystem from the discovery and data-vendor matchmaking side and is now part of the same corporate group, with shared leadership under CEO Tim Harrington.
- YipitData: YipitData is a leading alternative data research provider offering proprietary datasets and analyst-backed insights to institutional investors. It competes directly with Exabel's data-vendor and KPI-analysis capabilities, particularly for hedge fund and asset manager clients.
- RavenPack: RavenPack provides AI-driven alternative data analytics, especially sentiment and news-derived signals, for buy-side investment teams. It overlaps with Exabel on KPI prediction and sentiment data integration, targeting similar discretionary portfolio manager and quant buyer personas.
- Eagle Alpha: Eagle Alpha operates an alternative data marketplace, research, and analytics platform serving institutional investors. It competes with Exabel on data discovery, dataset evaluation, and buy-side analytics workflows.
Others
- Verisk Maplecroft: Verisk Maplecroft provides ESG, political risk, and country-risk data and analytics that overlap with a subset of Exabel's KPI-mapping use cases (e.g., ESG-linked KPI modeling). It is an adjacent data provider rather than a direct platform competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Exabel social profiles
Digital presenceExabel compliance and trust
Trust signalCompliance1 record
Exabel financial estimates
Financial estimateRevenue estimate
Valuation estimate
Exabel leadership team
Management profileNumber of profiles
Profiles1 record
Exabel funding detail
Funding detailFunding overview
Funding rounds6 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Exabel M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Exabel
What does Exabel do?
Exabel provides a next-generation alternative data analytics SaaS platform that integrates 75+ pre-integrated alternative datasets with fundamental data from FactSet and Visible Alpha. The platform enables institutional investors to build predictive KPI models, harmonize disparate vendor data sources, evaluate alternative datasets, and generate alpha from unified fundamental, proprietary, and alternative data workflows.
Is Exabel a public or private company?
Exabel is a private company. It is classified as corporate owned and is currently operating.
When was Exabel founded?
Exabel was founded in 2016. It employs 11 to 50 people.
Where is Exabel based?
Exabel is headquartered in Oslo, Norway, in the Europe region.
How does Exabel make money?
Three revenue lines are on record. Software Platform Subscription (Core, Edge, Seeker) is the primary driver. The others are professional Services and enterprise Add-ons.
Who are Exabel's main competitors?
AlphaSense is listed as a broad incumbent. Emerging players are Similarweb, Measurable AI, Advan and Thinknum. Direct peers are BattleFin Group, YipitData, RavenPack and Eagle Alpha. Verisk Maplecroft is listed as an others.
Does Exabel have an API?
Yes. Enterprise-grade API access enables programmatic integration with internal tools, dashboards, and AI agents. Provides access to KPI models, backtests, and vendor alternative data. Available as an enterprise feature.
What industry is Exabel in?
Exabel's product category is Investment Analytics Software. Its primary akta.pro industry code is FSAFAIAH, Alternative Data Providers (Web, Satellite, Geolocation, ESG Signals). Its NAICS code is 5182 and its SIC code is 7372.