Lusha Raises $40M in Series A Funding


Lusha, a Tel Aviv, Israel-based crowdsourced data community for B2B salespeople, raised $40m in Series A funding round.

PSG made the investment.

The company intends to use the funds to further grow its sales community to make accurate data accessible to all B2B sales professionals through simple and cutting-edge sales technology.

Founded in 2016 by Assaf Eisenstein and Yoni Tserruya, Lusha provides a cloud-based platform that enables salespeople to share accurate contact and company information with each other, providing sales professionals with vital insights on the customers they target. The company also recommends relevant prospects and organizations, eliminating cumbersome research and allowing salespeople to focus on what they do best – sell. The community facilitates salespeople sharing contact information and company insights, which validates Lusha’s data and ensures high accuracy.

The community has over 520,000 sales professionals and 167,000 sales organizations from sole-traders to mid-sized organizations like Aircall and Zendesk, to Fortune 500 companies including Google and Dropbox.