Our Investment in CrunchBase

Big news, particularly for all of you who use CrunchBase! We are excited to announce that Emergence Capital is funding CrunchBase as a stand-alone company, newly spun out from AOL (Verizon). We started talking to AOL early in 2015, and the more we learned about CrunchBase, the more excited we became about its potential. Our mission at Emergence is to invest in the cloud visionaries who are building the most important business applications, and CrunchBase is one of the most widely used applications in the tech community and beyond.  

The CrunchBase team has done a phenomenal job of building CrunchBase into what it is today. Imagine how big it could be with additional resources! That’s where we come in. We have invested in the company, and we have also recruited a fantastic new CEO, Jager McConnell. Jager is joining Matt Kaufman and the CrunchBase team after a decade of leadership roles at Salesforce.com.

CrunchBase was founded in 2007 as a crowd-sourced database to track startups, and it has developed into a leading platform for private company information with over 860,000 company and people profiles. Already the go-to source of funding data, this rich platform has the opportunity to become the definitive source of company data worldwide. We are excited to work with AOL, the CrunchBase community and all of the CrunchBase partners to help build out the vision.

From our perspective at Emergence, our investment in CrunchBase is one more example of our dedication and commitment to supporting the very best cloud startups, and we are thrilled to welcome CrunchBase to the Emergence portfolio.

Find more news about our CrunchBase announcement here