Crunchbase Lands $50 Million

<p>Crunchbase&comma; the leading data source for companies receiving funding&comma; has raised &dollar;50 million for its own site in a Series D round led by Alignment Growth with existing investors Mayfield Fund&comma; OMERS Ventures&comma; and Emergence also participating&period;<&sol;p>&NewLine;<p>San Francisco-based Crunchbase was spun out from tech news site TechCrunch in 2015&period; The company says it has transitioned to remote-first business&period;<&sol;p>&NewLine;<p>Crunchbase plans to use the funds to integrate its data platform with other sales prospecting tools and use machine learning to improve reporting&period;<&sol;p>&NewLine;<p>The site reports over 75 million unique users on the platform annually and recently surpassed 60&comma;000 customers&comma; with over half of the Fortune 500 and thousands of SMBs represented&period; Crunchbase charges &dollar;29 per month for personal subscribers and &dollar;49 per month for pro subscribers&comma; both billed annually&period;<&sol;p>&NewLine;<p>The company has over 200 employees and hired 70 people in the first half of 2022&period; All non-executive employees were given a 7&percnt; raise this year to combat inflation&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;