You might have heard the word Crunchbase thrown around a lot over the past couple of years, but what is it? Is it a startup? A product? A company? An app?
Crunchbase is none of the above—it’s a website that provides information about companies partnering with other startups, venture capitalists, or angel investors. This post will cover what Crunchbase is, how it works, and how we use it.
What is Crunchbase?
Crunchbase is a free database for startup and tech company information founded in 2007 by Michael Arrington. You can locate business information about both private and public companies.
Crunchbase covers investments and funding, founders, executives, mergers and acquisitions, news, and trends. In addition to tracking startups, Crunchbase provides information about public and private companies worldwide.
How Do You Use Crunchbase?
Start by creating a free Crunchbase account.
Creating an account requires verifying your company’s identity through one of the three major social networks (Facebook, Twitter, or LinkedIn).
A few days may pass before verification of your account can be complete.
After verification, you are all set.
Below are some features/benefits of using Crunchbase:
You can create a free business profile page.
Add all the basic information about your company like the industry, the address, number of employees, and founded. It adds credibility to your business by establishing a public record of your company in a third-party database.
For instance, this finance firm’s Crunchbase profile displays all its information like company structure, funding, and leadership. All relevant potential customers or collaborators will be able to find this information. Building your brand with a Crunchbase profile is easy if you are a startup or small business.
You can include the information about the founder.
If you are the founder, you can include information about yourself. If there are other founders, you can also add their names. This can assist you in growing your brand if you are a small business owner, and it enhances your credibility as an entrepreneur.
Add investor information.
If you have raised money, you can add information about your investment rounds, venture capitalists, and angel investors. Otherwise, skip this section.
You can also add the names of board members.
If you are a high-growth startup, this section is relevant to you. Having prominent board members can help you with funding.
Add events.
If you sponsor or speak at an event, you can add them.
Some other features of Crunchbase allow you to list your key employees, add press references, among other things when you create a Crunchbase account.
Wrapping Up
Regardless of what you choose to do with Crunchbase, it is an invaluable source of information for any entrepreneur. It allows you to build your brand and lends credibility to your company. If you are interested in growth, then sign up for a free Crunchbase account today.
Crunchbase is rapidly becoming the go-to source for tech industry information. You should certainly consider using it as a tool to grow your company.
