Exclusive: AlphaSense names new CFO as revenue tops $500 million

Good morning. For several years, Samantha Greenberg used AlphaSense to analyze companies. Now she’s the platform’s CFO.

AlphaSense is a specialized AI-powered search engine for companies, investors, and analysts. Instead of the open web, the platform indexes a library of about 500 million documents, including premium business content such as SEC filings, earnings transcripts, and expert research.

Greenberg became chief financial officer on Monday, succeeding Joe Hill. She has used the product for more than seven years as an investor — a relationship she said shaped how she thinks about finance teams operating in a data-heavy, AI-enabled environment — and more recently as a corporate user in CFO roles.

“It’s a product I love,” she told me on her first day at the company.

Greenberg’s appointment comes as AlphaSense, a New York-based private company, reports more than $500 million in annual recurring revenue and over 7,000 customers, including 70% of the S&P 500 and 90% of the S&P 100, she said. Reports in March said the company is seeking hundreds of millions in new funding at a valuation above its prior $4 billion mark from a 2024 Series F. Greenberg declined to comment on fundraising but called it “really exciting to see institutional investor validation of the momentum and value and impact that our AI platform is delivering in the marketplace.”

Earlier in her career, she spent nearly 20 years as a tech and consumer investor at firms including Goldman Sachs and Citadel before moving into operator roles as CFO at Mint House and, most recently, CFO of ID.me.

In AlphaSense’s platform, AI reasoning across long context windows helps compress research workflows from hours to under an hour, Greenberg said. She cited use cases from investment analysis to M&A sourcing and competitive benchmarking, including for private companies without SEC filings. Workflow agents can now generate outputs such as Excel models and PowerPoint decks, she said, “truly from data to decision.”

As CFO at AlphaSense, Greenberg’s priorities include building real-time, data-led forecasting. Greenberg also serves on Wharton’s AI and Data Science Board. AI tools have shifted finance teams from manual modeling toward insight generation, she said. Looking ahead, she aims to support AlphaSense’s international expansion and execute on a product roadmap she called “incredibly exciting.”

Outside the office, Greenberg said she reads extensively about AI. And ever since growing up in Philadelphia, she continues to root for the city’s sports teams, especially the Eagles and 76ers.

Sheryl Estrada
sheryl.estrada@fortune.com

Leaderboard

Fortune 500 Power Moves:

John Dietrich will step down as EVP and CFO of FedEx Corp. (No. 49), effective June 1 upon completion of the spin-off of FedEx Freight into a new publicly traded company. Dietrich, CFO since 2023, will remain with the company until July 31. Claude Russ, FedEx enterprise vice president of finance will serve as interim CFO, effective June 1. The company will conduct an internal and external search for a successor. FedEx affirms the FY26 outlook shared on its last earnings call, along with the 2029 targets shared at its Investor Day in February.

Every Friday morning, the weekly Fortune 500 Power Moves column tracks Fortune 500 company C-suite shifts—see the most recent edition.

More notable moves:

Lee Shuman was appointed CFO of Net Power Inc. (NYSE: NPWR), effective April 13. Shuman has 25 years of experience. Most recently, he served as head of power finance for Javelin Global Commodities and, prior to that, served as the CFO of WattBridge Energy. In his new role as CFO of Net Power, Shuman will lead the company’s overall financing strategy with an emphasis on project-level financing.

Sean T. Woodward was promoted to EVP and CFO of AeroVironment, Inc. (AV) (Nasdaq: AVAV), a global defense technology company, effective May 1. Woodward succeeds Kevin McDonnell, who will be stepping down from the role, as announced earlier this year. Woodward has more than 22 years of experience in defense technology, including at AV, General Dynamics, and Honeywell Aerospace. Woodward joined AV in 2010 and has spent more than 15 years in leadership roles across the company. Woodward most recently served as CFO of AV’s Autonomous Systems segment.

Big Deal

New research by Bain & Company gauges CFOs' AI spending plans. Eighty-three percent of respondents plan to increase enterprise-wide AI spending by more than 15% over the next two years, with a significant share of that spending allocated to finance functions. And 42% of CFOs expect to boost their AI budgets by 30% or more during that two-year period.

The findings are based on a global survey of 100 CFOs, of which half represent companies with revenues of $5 billion or higher, with 26 at organizations generating over $10 billion annually.

Among CFOs deploying some form of AI at scale, including machine learning, GenAI, or agentic, over 40% are highly satisfied with AI results, compared to just 25% at companies still piloting AI, according to the report. CFO satisfaction exceeds 60% at firms in the top quartile of AI maturity. Overall, just 31% of CFOs are satisfied with their AI outcomes.

Going deeper

"Generative AI Won’t Create Value on Its Own," is a new article in Wharton's business journal. Wharton’s Rahul Kapoor explains why leaders need to think beyond the technology and focus on the strategic challenges of emergence, enablement, and embedding. "To make sense of the current moment, leaders need a practical way to think about how new technologies create value," Kapoor writes. "One useful lens is what I call the three faces of technology’s value creation: emerging, enabling, and embedding."