People Data Labs Raises $45M in Series B Funding

People Data Labs apis 45m craft

Developers, engineers, and data scientists can use People Data Labs’ APIs to create new data-driven solutions thanks to $45 million in Series B funding. People Data Labs apis 45m craft is situated in San Francisco, California.

Craft Ventures took the lead in the round, and Flex Capital joined. Jeff Fluhr, co-founder and general partner of Craft Ventures, will join PDL’s board of directors in addition to the new capital.

Sean Thorne and Henry Nevue founded People Data Labs in 2015 with the goal of creating 3 billion highly accurate B2B records that developers, engineers, and data scientists can use to build and grow new data-driven businesses. Clients use the data they collect every day to create new tools, improve person records, power predictive modelling, and create person profiles.

As part of a continuous growth strategy into important verticals, the company plans to use the money to quadruple its personnel, with an emphasis on engineering and product expertise. Offerings in the fintech sector will also be part of this, with PDL expanding its data solutions to enable fraud detection, risk reduction, and insurance underwriting. Through its insights and business data products for investment research, sales planning, and investor due diligence, the company will also broaden its firmographic data offerings.

Kleiner Perkins, BreezyHR, SugarCRM, 6Sense, Lunchclub, and Gem are a few of the clients.

PDL presently employs 80 people.

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