The CrunchBase Venture Program is backed by more than 400 venture firms, incubators, and angel groups that are helping us build the definitive open dataset for the startup community. In 2013, members of the venture program have already participated in 1,610 funding rounds worth over $12 billion – more than one-third of all funding activity in CrunchBase. Today we’re rolling out a new way for members of the venture program to maintain their CrunchBase profiles, an endeavor that grows more important every day as more teams come to rely on the CrunchBase dataset and more applications are built against our API.
Since launching the CrunchBase Venture Program at TechCrunch Disrupt NYC last week, we’ve added more than 100 venture firms, angel groups, and incubators to the program including Google Ventures. Together our partners have taken part in over 3,900 funding rounds, funded 2,700 companies, and helped guide investment of over $35B. Beyond the numbers, each firm we’ve spoken to has given us incredible feedback about the platform and offered their support in building out an open, timely, and accurate dataset.
Editors note: This is a repost of an article we did for TechCrunch article.
We knew CrunchBase was big. We knew because there are 2 million people using the startup database each month. We knew because more than 120k people have contributed 1.6MM data points on companies, entrepreneurs, fundings, exits and more. What we didn’t know, however, was what the investment community thinks about CrunchBase. To answer that question, we spent many weeks visiting venture and angel firms and talking about data and CrunchBase. We learned that most are investing a lot in data and analytics in order to find good companies, ideas, and people. Everyone agreed that CrunchBase is an important source of that information, but we also heard something else: CrunchBase needs to evolve fast to keep pace with these new demands. In particular, Crunchbase needs to be more timely, accurate, and detailed.