Lusha, an Israeli-founded crowdsourced data community for B2B salespeople, announced Wednesday that it has raised $40 million in a Series A funding round from PSG, a leading growth equity firm partnering with lower middle-market software and technology-enabled service companies.
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Lusha's cloud-based platform enables salespeople to share accurate contact and company information with each other. Lusha also recommends relevant prospects and organizations, eliminating cumbersome research.
"Our mission is to turn salespeople's business challenges into opportunities by making B2B data easily accessible to all sales professionals," said Lusha co-founder and CEO Yoni Tserruya.
PSG Managing Director Adam Marcus said that "Lusha's core contact information database is one of the most comprehensive and accurate in the industry and solves a critical pain point in the B2B lead generation workflow, particularly in the remote work environment."