Crunchbase operates an API-driven database and SaaS prospecting platform that combines proprietary company and funding data with contact information and a news division. The product is used for account-based prospecting and includes discovery filters, machine learning recommendations, a Chrome extension, Salesforce sync, and email integrations. The company reports over 75 million unique annual visitors, more than 60,000 paying customers, and representation from over half of the Fortune 500. Crunchbase employed about 220 people and plans to grow the team to around 275 by year-end. In the first half of the year it drove $9 million of net new ARR at $2 million burn and aims to double its business-to-business software ARR to roughly $38 million for that segment. The platform faces competition from PitchBook, CB Insights, Owler and others, and plans include a HubSpot integration and further ML-powered suggestions and dashboards. Crunchbase emphasizes measured growth and efficiency as it scales its product and sales capabilities. Crunchbase provides private-company prospecting and research solutions, combining a rich database with prospecting software used by salespeople, entrepreneurs, investors, and market researchers. The platform includes features such as a Salesforce integration, enhanced search, and updated company profiles. Crunchbase reports over 55 million users and more than 3 billion API calls per year. Customers have reported significant ROI gains from recent features. Leadership says the company will continue building new features and investing in data to help customers grow. Crunchbase is headquartered in San Francisco. Crunchbase began as part of TechCrunch and was later spun out into an independent database and directory of company information. Its core product aggregates company profiles, funding history, executive data, original coverage, and third-party integrations (for example, Siftery and SimilarWeb) to provide market intelligence. The company reports about 55 million annual visitors and "tens of thousands" of paid subscribers, with subscription pricing noted at $29/user/month (varying by contract); it has 120 employees after tripling headcount since 2017. Crunchbase says it performs 3.9 billion annual data updates sourced from user uploads, manual and automatic inputs, and roughly 4,000 data partnerships that drive about 1.6 billion annual API calls. Management is winding down advertising and plans to focus on expanding paid subscribers and adding predictive, personalized features using machine learning and other AI technologies. Since 2017 it has grown its annual revenue run rate tenfold and more than doubled traffic since being spun out, and it is pursuing subscription and licensing revenue growth. Crunchbase is a database that charts startups, other tech companies, the people who work for them, and those who fund them; the company spun out from TechCrunch in September 2015. Its core products include a free service, the Pro tier (launched September 2016 at $29/month), and the newly announced Crunchbase Enterprise business-intelligence product. Enterprise enables BI-style queries to follow investment trends, identify growth industries, and find peer companies, and about 5,000 companies are using it, including Microsoft, IBM Watson, Nestle, Samsung, Slack, Target, Volkswagen, and Deloitte. The free service draws roughly 27 million visitors per year and about 10 million sessions per month. Crunchbase is planning a Marketplace to integrate third-party data via APIs (aiming to secure about 15 providers) and will use the funding to expand analytics, data visualizations, and platform capabilities. The company employed 40 people at the time of the article and plans to double headcount to about 80 by year-end, hiring in engineering and data science. CrunchBase, spun out of TechCrunch/AOL/Verizon late last year, provides a searchable database of private-company information, funding events, investors and people in startups. The company has launched paid data-access plans that tier access to its APIs and live data. It previously offered data under varying Creative Commons and non-commercial licenses and now provides commercial and non-commercial licenses with priced tiers. The free plan offers a 2013 historical MySQL snapshot and limited access to an Open Data Map API but not the full REST API. Paid tiers include a $999/month plan for live internal-business data use and a $4,999/month plan for developers building public apps; CrunchBase positions three tiers as Basic, Commercial and Advanced. CEO Jager McConnell said the new funding will be used to accelerate growth and invest heavily in engineering to build the next generation of CrunchBase.

Total raised

$106M

Funding rounds

6

Latest round

Series D

Latest activity

Jul 2022