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Home » Crunchbase Platform Looking To Grow Its Database With $50 Million New Fund In Cash
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Crunchbase Platform Looking To Grow Its Database With $50 Million New Fund In Cash

xplorenxtBy xplorenxtAugust 27, 2022Updated:January 16, 2023No Comments4 Mins Read
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Hedge Fund managers can locate and interact with suitable individuals using the recruitment portal Crunchbase. With tools like groups, geographical favorites, intentionality signaling, media announcements, and sophisticated searching, Crunchbase makes it simple to approach the greatest opportunity at the appropriate moment.

Additionally, the firm’s private corporation data provides some insight into the personnel, fundraising situation, growth prospects, tech stacks, internet traffic, acquisitions, and more of the selected companies, allowing for a more tailored approach and active engagement.

Crunchbase completed a $50 million series D financing that had been overloaded and was headed by Alignment Development with commitments from OMERS Investments, Mayfield, and Emergence Fund.

What Is Crunchbase?

By using Crunchbase, any company may enhance its process for generating leads. Companies must divide their prospect base into different groups, look for businesses in the same industry, and target new market niches if they want to go from having 100 to 1,000 consumers. All of this is doable because of Crunchbase. Outbound initiatives that are computerized are only as successful as the lists they are aimed at.

Crunchbase Organization is the best approach for companies to build targeted lists of recently-funded clients that are ready for purchase because it has special financing data and other insights.

Crunchbase Data

Best-in-class live information is readily available on Crunchbase thanks to its diverse network of volunteers, collaborators, and proprietary data professionals. To ensure that the visitors get the latest numbers on private sector companies, data is frequently supplemented, cleaned, validated, and revised.

In addition to garnering 2K+ top news outlets, Crunchbase has helped 4K + venture capital companies, 75+ partners, and industries like B2B, entertainment, and government.

Crunchbase Pro

Through intelligent recruiting, pertinent analytics, and crucial partnerships fueled by sales reports, Crunchbase Pro supports both individual users and groups in finding and closing businesses. 

How Is Crunchbase Pro Used By Users?

  • Utilize buy indications, such as financial data, to uncover prospects who match the characteristics of your ideal client.
  • Monitor candidates using maintained lists and receive email notifications automatically whenever a significant event occurs, including new financing rounds, mergers, IPOs, and more.
  • To execute your independent assessment, export the Crunchbase Pro search terms and tailored lists to a worksheet (CSV).
  • With the Crunchbase Salesforce interface, you can push new leads from Crunchbase to business software.
  • Save your search parameters to streamline the research process and receive notifications when new businesses, investors, or individuals match your criteria.

Crunchbase Funding

Over the course of 5 rounds, Crunchbase has accumulated a total of $106.5 million in investment. A Series D round of funding was obtained by them on July 20, 2022. 11 investors are funding Crunchbase as per wiggerstechcrunch. The most prominent backers are Mayfield Capital and Alignment Business.

Recent News About Crunchbase Funding

Crunchbase, the scouting tool, has received $50 million in Series D funding. Alignment Innovation served as the season’s lead backer, and previous Crunchbase funders OMERS Investments, Mayfield Capital, and Emergence also contributed. The Alignment Development partner, Alex Iosilevich, will become a participant on the Crunchbase governing board.

With the investment, the organization will build its account-based business solutions more efficiently and strengthen its connection to investment bankers. It aims to improve suggestions based on artificial intelligence and third-party APIs that more fully integrate Crunchbase into B2B recruitment workflows. Additionally, hiring is ongoing.

According to Jager McConnell, CEO of Crunchbase, the company provides “a tailored approach that starts with locating qualifying accounts and concludes with a convincing appeal to the relevant decision-makers.”

FAQs

What is Crunchbase?

Hedge fund managers can locate and interact with suitable individuals using the recruitment portal Crunchbase.

What does the firm’s data provide?

The firm’s private corporation data provides some insight into the personnel, fundraising situation, growth prospects, tech stacks, internet traffic, acquisitions, and more of the selected companies.

How is Crunchbase the greatest approach?

Crunchbase Organization is the greatest approach for companies to build targeted lists of recently-funded clients that are ready for purchase because it has special financing data and other insights.

Who is the CEO of Crunchbase?

Jager McConnell is the CEO of Crunchbase.

How much has Crunchbase raised to date?

Over the course of 5 rounds, Crunchbase has accumulated a total of $106.5M in investment.

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