# Connotate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/connotate

- Industry: Software
- Headquarters: New Brunswick, US
- Website: www.connotate.com
- Total disclosed funding: $30M
- Latest round: Series B (Nov 17, 2016)
- Investors on record: 5

## About

Connotate, Inc. specializes in web data extraction, providing businesses with robust solutions to gather valuable online data efficiently and securely from diverse sources.Founded in 2000 and headquartered in New Brunswick, US, Connotate, Inc. operates in the web data extraction sector, offering businesses the ability to capture crucial information from the internet. The company has successfully secured a total of 5 deals, with its latest funding round being a Series B, raising USD 11.00 mn led by LRVHealth and participated by .406 Ventures, Castile Ventures, Fernwood Funding LLC, and Prism Venture Management on February 12, 2019. The founder's history and previous ventures are not publicly documented.Connotate, Inc. provides comprehensive web data extraction services, enabling businesses to capture difficult-to-access data from various online platforms. Its offerings include advanced extraction technologies that navigate security measures to access protected web information, supporting applications in e-commerce analytics, product data management, and competitive intelligence. The company serves a diverse clientele, including large retailers and digital marketing firms, across key markets in North America, Europe, and Asia-Pacific.Connotate, Inc. employs a subscription-based revenue model, allowing clients to utilize its data extraction services and tools. Clients typically engage in partnerships where they make use of Connotate's APIs for customized data extraction, with various pricing plans designed to accommodate the needs of different organizations—from small enterprises to large corporations, ensuring a flexible approach to data services.Connotate, Inc. aims to expand its product offerings and enhance its web data extraction capabilities with new technologies currently under development. The company is also focusing on expanding its reach into emerging markets, with specific targets set for Asia-Pacific by the end of 2022. The recent funding of USD 11.00 mn will be utilized to support these new product developments and market expansion initiatives, following its acquisition in February 2019 by Import.io Corporation.

## Funding rounds

- Series B, Nov 17, 2016, $11M — Castile Ventures, Prism Venture Management, LRVHealth, .406 Ventures, Fernwood Funding LLC
- Series B, Apr 12, 2012, $7M — Castile Ventures, Prism Venture Management, .406 Ventures
- Series A, Jun 8, 2010, $5.3M — .406 Ventures
- Series A, Jun 19, 2007, $6.5M — Prism Venture Management, .406 Ventures

## Investors

- Prism Venture Management (https://capitalatlas.ai/funds/prism-venture-management) — Series A, Series B
- .406 Ventures (https://capitalatlas.ai/funds/406-ventures) — Series A, Series B
- Castile Ventures (https://capitalatlas.ai/funds/castile-ventures) — Series B
- LRVHealth (https://capitalatlas.ai/funds/lrvhealth) — Series B
- Fernwood Funding LLC — Series B