Fundz

Alku To Receive Majority Investment From New Mountain Capital

PRIVATEApr 25, 2023

Round Type

Venture

AndoverInformation TechnologyCyber SecurityConsulting

Investors

Alku ManagementAlku Founder & Ceo, Mark EldridgeWest View Capital PartnersFFL PartnersNew Mountain Capital

Description

ALKU, a leading specialty staffing firm, today announces a new majority investment from New Mountain Capital, a leading growth-oriented investment firm. Reinvesting alongside New Mountain are FFL Partners, WestView Capital Partners, ALKU Founder & CEO, Mark Eldridge, as well as ALKU management. The investment, which is expected to close in May, marks a major milestone for ALKU, which is projected to exceed $1 billion in revenue over the next few years.

Quick answer

ALKU raised an undisclosed amount in a funding round, dated April 25, 2023. Investors: Alku Management, Alku Founder & Ceo, Mark Eldridge, West View Capital Partners, FFL Partners and New Mountain Capital. ALKU is based in Andover, Massachusetts, United States.

How much did ALKU raise?
ALKU raised an undisclosed amount in a funding round on April 25, 2023.
Who invested in ALKU?
Alku Management, Alku Founder & Ceo, Mark Eldridge, West View Capital Partners, FFL Partners and New Mountain Capital are named as investors in this round.
What does ALKU do?
ALKU is the leading contingent staffing firm focused on deploying highly-skilled, specialized consulting resources in the areas of enterprise technology, life sciences, data science, cybersecurity, and government.
Where is ALKU based and how big is it?
ALKU is based in Andover, Massachusetts, United States. Fundz records about 1,400 employees.
Who are the decision-makers at ALKU?
Fundz holds 1 contact at ALKU. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Cyber Security and Consulting around the same time

Companies in the same sectors as ALKU that raised within 45 days of this round, from Fundz verified event records.

  • CISO Global raised $5M on March 20, 2023.
  • Blackpoint Cyber raised $190M on June 8, 2023.
  • Incline P&C Group raised an undisclosed amount (Private Equity) on June 8, 2023.
  • Keep Aware raised $2.4M (Seed) on June 6, 2023.
  • Payemoji raised an undisclosed amount (Funding Round) on June 6, 2023.
  • authID® raised $9M on May 23, 2023.

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Company Information

Company

ALKU

Location

Andover, Massachusetts, United States

About

ALKU is the leading contingent staffing firm focused on deploying highly-skilled, specialized consulting resources in the areas of enterprise technology, life sciences, data science, cybersecurity, and government. ALKU is consistently ranked on prestigious 'Best Places to Work' lists across the country and has a 15+ year track record of training and developing talent. Given ALKU's unique culture, focus on training and development, and highly-specialized, division-led operating model, ALKU has grown at an industry-leading pace since its founding in 2008.

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ALKU raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.