LeanData raises $10M in Series B


What does LeanData do?

LeanData, is the leader in sophisticated lead management. The company provides an intuitive and smart lead management solution for helping companies with account based marketing. The company simplifies the difficulties of business to business sales process via best in class lead management. The company has a strategic solution which makes sales teams more efficient by matching leads to accounts and automatically routing them to the right owner. This company is a member of the Salesforce AppExchange, which maximizes every lead’s value by providing rich insignt into accounts which aids businesses in increasing sales velocity and help in closing more deals. It has more than 200 cusotmer, and manages the sales engines which run some of the most innovative businesses in the world- ranging from established ones to fast scaling startups to publicly traded companies across all the industries.

How much LeanData was funded?

The company raised $10M in Series B on December 20, 2016 from Correlation Ventures, Sapphire Ventures and Shasta Ventures.

Previous funding

$5.1M in Series A on March 19, 2014 from Shasta Ventures, Correlation Ventures, Felicis Ventures and FundersClub

What is next for LeanData?

LeanData plans on using the latest funding raised for supporitng its new partnerships and for expanding the reach of its strategic solution, which delivers a high sales experience by connecting the right representatives with customers at the right time. As a part of the funding Hartwig will join the company’s Board of Directors.

More about LeanData

LeanData was founded on April 1, 2012 by Evan Liang and Kelvin Cheung. It has its headquarters in Sunnyvale, California. The company is simplifying the complexity of business to business sales process via a better Software as a Service lead management platform. Its flexible solution can be customized for any business initiative which includes the growing trend towards strategies that are account based.