Expert insights platform company Arbolus announced it has closed on a $20 million growth equity investment led by Kayne Anderson Partners Fund V, which is being sub-advised by Composition Capital. With this new funding round, Arbolus is primed to reinforce its position as the leading disruptor in the expert insights industry and make human knowledge digital and widely accessible.
Most investors and consultants are familiar with traditional expert networks and understand their critical role in informing investment decisions. But this large market has seen little innovation and remains largely analog, marked by inconsistent quality and legacy workflows.
Arbolus is also building a future where bespoke, attributable insights are instantly available to inform investment decisions. And growth continues to be driven by a multi-product approach, where clients engage with Arbolus’s experts using a variety of tools, depending on their use-case and stage in the deal cycle. In addition to traditional expert calls, clients can:
1.) Save time on customer research using Arbolus Canopy, the first-of-its-kind asynchronous video Q&A tool
2.) Discover and monitor potential investments using Arbolus Insights, a proprietary database of B2B customers
3.) Run surveys with previously hard to reach B2B audiences
In what has been an exceptional period of growth since Arbolus’s last round, the company has more than doubled revenue, increased the team size to 180 and has seen increased customer demand. And much of this growth is driven by the launch of Canopy, which continues to gain traction and transform how investors conduct research. This new capital will help Arbolus support US commercial operations, develop further products and continue its disruption of the expert network and broader information services industries.
KEY QUOTES:
“Over the past two years, Arbolus has seen exceptional growth in a challenging deals market. This has been driven by a relentless focus on understanding our customers’ needs and developing innovative products to address them. Our video Q&A tool, Canopy, continues to grow in popularity and we’re excited to see this complemented by Arbolus Insights next year and beyond. We are excited to partner with the team at Kayne and Composition to build the industry-leading expert insights platform.”
– Sam Glasswell, CEO and co-founder of Arbolus
“We are thrilled to partner with Arbolus at this pivotal stage in their growth and at such an opportune moment in this industry. As long users of expert networks ourselves, Arbolus’s differentiated and disruptive approach to a critical – but legacy – industry, supported by consistent growth, validates the strength of their offering.”
– Leon Chen of Composition
“The investment research space has seen an uptick in high profile deals and we see this as a great leading indicator for Arbolus. This investment underscores our confidence in Arbolus’s vision, their exceptional team, and their ability to drive meaningful impact by making expert insights more accessible and actionable for companies worldwide.”
– Vlad Malugin of Composition
