People Data Labs Raises $45M to Empower Engineers Building B2B Data Products
Summary
PDL, which currently has 80 employees, will use the new funding to double its headcount, with an emphasis on engineering and product professionals as part of an ongoing push into critical verticals. This will include offerings in the fintech space, where PDL will expand its data products to support fraud detection, risk mitigation, and insurance underwriting. Along with the new funding to support growth, Craft Ventures’ co-founder and general partner, Jeff Fluhr, will join PDL’s board of directors. As more companies expand their reliance on this data, we expect PDL to play an increasingly important role in how leaders make decisions.” Founded in 2015 by Sean Thorne and Henry Nevue, PDL empowers developers and engineers across verticals to build innovative products with trusted, compliant B2B data from more than 3 billion people profiles and 18.6 million companies. PDL data currently powers platforms for talent acquisition, investment research, fraud detection, risk mitigation, and digital marketing, among many other prominent use cases.
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