Crunchbase Relaunches as AI-Powered Predictions Engine, Declares Historical Data “Dead”

Crunchbase is undergoing a major transformation, shifting from historical company data to an AI-powered predictive intelligence platform. The revamped platform aims to help users forecast private company growth, funding rounds, and future acquisitions with high accuracy.

Crunchbase, which provides data on private businesses, investors, and industry trends to over 80 million users, is now focusing on predictive analytics. CEO Jager McConnell declared historical data “dead,” emphasizing the need for forward-looking insights in today’s fast-paced business environment.

In a blog post, McConnell stated, “If you still rely on static data from the past, you’re at risk of becoming obsolete. AI has upended the status quo, enabling businesses to act quickly and think ahead.”

Crunchbase’s AI processes billions of signals annually to map outcomes, with internal back testing showing up to 95% accuracy in funding predictions. However, the company cautions that its AI may contain errors and is not a substitute for legal, financial, or investment advice.