Congratulations to Jager McConnell and the entire Crunchbase Team on the close of their latest funding round - a $30M Series C investment from Emergence, Mayfield, Cowboy Ventures, Verizon and the newest partner OMERS Ventures.
Over the last 12 years, Crunchbase has become the go-to destination for company research on a global scale. In 2015, the company’s potential caught the attention of the Emergence Team, and shortly after we led a $7M investment to support their spin-out from TechCrunch/AOL. As an independent company, and with Jager McConnell as the CEO, the company continued to gain momentum in the market with new product and service updates.
In their announcement today, Jager, CEO and seasoned Salesforce executive, said that the new financing will further accelerate Crunchbase’s ability to power B2B deal-making. As we head into 2020, the team is gearing up to launch a new look, customized experiences, and an updated API, as well as plans to double its headcount (visit their career page to learn more). The company will also make significant investments in data acquisition, research, and international expansion.
We’re excited to continue our partnership and proud of their relentless pursuit to improve the experience, provide richer data, and grow their user base, along with revenue.
Among its recent milestones:
55 million annual users globally accessing Crunchbase data
3.9 billion annual updates to the data set acquired from our community, partners, and automated processes
4,000 data partnerships and syndication deals with teams at Yahoo! Finance, LinkedIn, Business Insider, and Amazon Alexa
1.6 billion annual calls to the enterprise Crunchbase API