VentureBeat February 19, 2025
Crunchbase will abandon its roots as a historical data provider to become an AI-powered predictions engine that forecasts startup funding rounds, acquisitions and company growth trajectories.
The San Francisco-based company announced today it will relaunch its platform with AI models that can predict future business events with up to 95% accuracy, betting that artificial intelligence will fundamentally reshape how investors and companies make decisions about private markets.
“The historical data industry as we know it is dead,” said Jager McConnell, CEO of Crunchbase, in an interview with VentureBeat. “If you are a company, a data company, and all you’re dealing with is historical data…I think you’re going to find that you don’t use it as much anymore in the future.”
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