Venture Capital
Faster discovery, broader coverage, and clearer growth signals across European startups.
“PredictLeads has helped and gives us much more coverage than we were getting ourselves which means we can achieve things quicker. Also, identifying company customers for example is really useful and is something that's really difficult to do.”
“Two things PredictLeads does, and will continue to do, is discovering that a company exists in the first place and then helping us understand how they are growing and performing.”
Ben Smith - Co-Founder / Partner / CTO - InReach Ventures
InReach Ventures uses technology to help scale VC to make investments in early stage startups throughout Europe. InReach has built its own proprietary software and developed a new model of investing to discover and invest in the most promising startups.
There are a few major challenges VC's often face including data quality and the time, effort and cost it takes to acquire or crawl data.
Finding quality data sources for company data with good coverage of companies is often tough. Sometimes, companies that look like product technology companies, are actually a group of people who are not technical and don't necessarily have the skills in-house to really build the product or the engineering to build a company.
Some companies are also doing a lot of the scraping in-house, which for certain data sets is quite an expensive challenge often associated with limited results.
PredictLeads company intelligence data helps InReach Ventures discover new companies and track growth signals for companies of interest. The proprietary company data helps InReach find startups throughout Europe and also track how they're growing. This can be growth through job listings, if they're getting new customers, new business connections or partnering with different companies. This data provides a good idea of which companies are active and growing.
When trying to distinguish true technology companies, those that are actively trying to hire engineers for example, provide a good signal that they are a true product technology company.
PredictLeads helps InReach to achieve results faster and provides much more coverage than crawling websites internally not to mention not having to maintain the crawlers. Identifying company customers is also very useful and is something that's really difficult to do.
Ben Smith - Co-Founder / Partner / CTO - InReach Ventures