The round was led by Baird Capital with participation from Baseline Ventures, Bedrock Capital, C&B Capital and Oyster Funds. Crayon also welcomed Gaingels as an investor in the Series B as part of our commitment to diversity, equity & inclusion. The company's total capital raised to date is $38 million. Crayon will use the funding to accelerate product development and expand its team. The company also announced Baird Capital's Benedict Rocchio joined its Board of Directors.

Crayon is the leading competitive intelligence platform that enables businesses to track, analyze, and act on everything happening outside their four walls. More than 33,000 Competitive Intelligence professionals rely on Crayon for a current, holistic view of their business to win sales, save time and costs, and develop long-term revenue and relationships. Based in Boston, Crayon is empowering mid-market and Fortune 500 companies every day with actionable insights to win. For more information go to https://www.crayon.co.