CrowdSource Raises $12.5M in Series A Funding
CrowdSource, a Saint Louis, Missouri-based provider of enterprise-class managed crowdsourcing solutions, has raised $12.5m in Series A funding.
The round was led by Highland Capital Partners.
The company intends to use the funds to expand their product set, grow their community of workers, and invest in sales and marketing.
Launched in June 2011 by CEO Stephanie Leffler, CrowdSource uses on-demand workers to provide full-service crowdsourcing solutions to accomplish labor-intensive tasks at scale, such as content creation and structuring big data. According to a written statement, the company and workers have completed over 25 million tasks since inception.
In conjunction with the funding, Corey Mulloy, general partner at Highland Capital Partners, has joined CrowdSource’s Board of Directors.