Total amount raised
$17 Millions
Latest funding date
3/1/2019
Location
Clearbit has successfully raised significant funding over multiple rounds, attracting a diverse group of investors. The platform specializes in data enrichment, offering advanced capabilities for B2B marketing, sales, and service efforts.
Keep reading to explore the intricacies of Clearbit's fundraising journey and the investors backing this innovative platform.
What Is Clearbit?
Clearbit, a prominent B2B data provider, was founded in 2014. The company is headquartered in San Francisco, California, and was established by Alex MacCaw and Rob Holland.
Clearbit specializes in gathering and enriching data to help businesses enhance their marketing, sales, and service efforts. The platform leverages public and proprietary data, along with advanced machine learning models, to convert unstructured information into actionable insights.
With a dedicated team of over 100 employees, Clearbit continues to innovate and expand its capabilities, now operating as Breeze Intelligence for HubSpot.
How Much Funding Has Clearbit Raised?
- Pre-Seed Round
- Amount Raised: $2M
- Date: March 2015
- Lead Investors: First Round Capital, SV Angel
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide the initial capital required to build a lean and profitable business quickly.
- Series A
- Amount Raised: $15M
- Date: March 2019
- Lead Investors: Zetta Venture Partners
- Valuation at Round: $250M
- Motivation Behind the Round: To invest heavily in product and engineering and to enhance customer success and enablement.
Total Amount Raised: $17M. Current Valuation: $250M.
Key Investors
- Zetta Venture Partners
- Details: Zetta Venture Partners is a venture capital firm that focuses on early-stage investments in enterprise software companies. They are known for their data-driven approach to investing.
- Investment Focus Areas: Enterprise software, artificial intelligence, machine learning.
- Notable Investments: Clearbit, Tractable, Domino Data Lab.
- First Round Capital
- Details: First Round Capital is a seed-stage venture firm that has backed numerous successful startups. They provide extensive support to early-stage companies.
- Investment Focus Areas: Technology, consumer products, healthcare.
- Notable Investments: Uber, Square, Warby Parker.
- SV Angel
- Details: SV Angel is a San Francisco-based angel firm that invests in early-stage companies. They have a strong track record of identifying high-potential startups.
- Investment Focus Areas: Internet, software, mobile.
- Notable Investments: Airbnb, Twitter, Dropbox.
- Bedrock
- Details: Bedrock is a venture capital firm that invests in technology companies with transformative potential. They focus on long-term growth and innovation.
- Investment Focus Areas: Technology, software, digital media.
- Notable Investments: Clearbit, Cameo, RigUp.
- Battery
- Details: Battery Ventures is a global, technology-focused investment firm. They invest in companies at all stages of growth, from seed to buyout.
- Investment Focus Areas: Software, industrial technology, consumer technology.
- Notable Investments: Clearbit, Glassdoor, Nutanix.
What's Next for Clearbit?
Clearbit stands at the cusp of significant growth, driven by the increasing importance of data in sales and marketing. The company is poised to build the next generation of data-first marketing tools, leveraging AI to enhance data accuracy and introduce new attributes. This opportunity is vast, with Clearbit already servicing thousands of companies globally and a rapidly growing team.
Future fundraising seems likely as Clearbit continues to invest heavily in product development and customer success. However, challenges such as maintaining profitability while scaling operations and staying competitive in a rapidly evolving industry will require strategic focus and innovation.
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