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Label Insight, based in Chicago, Illinois, provides a cloud-based platform for capturing, tracking, and analyzing product data, including ingredients, nutritional information, and health claims. This B2B SaaS platform enables retailers and CPG companies to offer transparent product information, leveraging a database of hundreds of thousands of product attributes across food, apparel, and electronics. The company, with 69 employees, secured seed funding from Cultivation Capital and a Series A investment led by Mercury Fund, with participation from Serra Ventures and dunnhumby Ventures. Todd Morris and Ronak Sheth served as CEOs before the company became a NielsenIQ Company. Label Insight was founded in 2008 by brothers Anton and Dagan Xavier. Its business model centers on label Insight operates as a B2B SaaS platform, generating revenue from retail partners and consumer packaged goods manufacturers who use the platform for product transparency and data insights. The company was acquired by NielsenIQ.
Label Insight has raised $31.0M across 2 funding rounds.
Label Insight has raised $31.0M in total across 2 funding rounds.
Label Insight has raised $31.0M across 2 funding rounds. Most recently, it raised $21.0M Series C in December 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 19, 2017 | $21M Series C | David Schaller | — | Announced |
| Feb 11, 2016 | $10M Series B | Mark Toon | Cultivation Capital, Dunnhumby Ventures, Mercury Fund, Serra Ventures, West Capital Advisors | Announced |
Label Insight has raised $31.0M in total across 2 funding rounds.
Label Insight's investors include David Schaller, Mark Toon, Cultivation Capital, dunnhumby Ventures, Mercury Fund, Serra Ventures, West Capital Advisors.
