People Data Labs, a San Francisco, CA-based company that builds APIs that empower developers, engineers, and data scientists to build new data-driven products, raised $45 million in Series B funding.
The round was led by Craft Ventures, with participation from Flex Capital. Along with the new funding, Craft Ventures’ co-founder and general partner, Jeff Fluhr, will join PDL’s board of directors.
The company intends to use the funds to double its headcount, with a focus on engineering and product professionals as part of an ongoing growth strategy into critical verticals.
The company will also expand its offerings in firmographic data via its insights and company data products for investment research, sales planning, and investor due diligence.
Company: People Data Labs, Inc.
Round: Series B
Funding Month: November 2021
Lead Investors: Craft Ventures
Additional Investors: Flex Capital
Company Website: https://www.peopledatalabs.com/
Software Category: B2B data solutions
About the Company: Founded in 2015 by Sean Thorne and Henry Nevue, People Data Labs builds B2B data for developers, engineers, and data scientists to build and scale innovative data-driven products using 3 billion highly-accurate B2B records. Every day, clients use their data to build personal profiles, enrich person records, power predictive modeling, drive artificial intelligence and build new tools. Clients include Kleiner Perkins, BreezyHR, SugarCRM, 6Sense, Lunchclub, and Gem. PDL currently has 80 employees.