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2026 Revenue

$79.8M(Est.)

Customers

500

Funding

$11.7M

Avg ACV

$159.6K

Team

271

Founded

2008

Cbinsights Revenue & Funding (2026)

Cbinsights generated an estimated $79.8M in annual revenue in 2026. Source: GetLatka estimate

CB Insights is a technology market intelligence platform founded in 2008 and commonly cited as launched in 2009. The company, headquartered in New York, aggregates qualitative and quantitative data on the technology economy to connect technology companies with advisers, investors, acquirers, and customers.

CB Insights reached approximately $100 million in annual recurring revenue as of 2023, a milestone CEO Anand Sanwal referenced publicly during a conference presentation that year. The company raised a $10 million Series A in 2015 led by Pilot Growth Equity, with participation from the National Science Foundation and angel investors, bringing total known funding to between $11.7 million and $16.2 million.

Sanwal has led the company since its founding, bootstrapping through the early years and selling the first several million dollars of subscriptions himself. CB Insights operates without a PR firm at the $100 million ARR level and relies heavily on its newsletter as a primary growth channel.

Last updated

Cbinsights Revenue

Cbinsights generated an estimated $79.8M in annual revenue in 2026.

CB Insights reached approximately $100 million in annual recurring revenue as of 2023. Sanwal referenced this figure directly during a conference presentation, noting that the company still operates without a PR firm at that revenue level and may consider hiring one when ARR reaches $200 million to $500 million.

Cbinsights Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$40M$80M$120M$160M2008201020122014201620182020202220242026$0$18M$100M$79.8MSource: GetLatka.com
YearMilestoneSource
2026Cbinsights revenue in 2026: $79.8mrocketreach.coWatch[1]Estimated
2024Cbinsights Hit $145.8m revenue in October 2024Estimated
2023Cbinsights revenue in 2023: $100mWatch[2]Estimated
2016Cbinsights Hit $18m revenue in September 2016Not recorded
2008Launched with $0 revenue

Sanwal sold the first several million dollars of CB Insights subscriptions himself, describing the experience of learning to ask directly for the sale as a formative lesson. The company initially targeted venture capital firms and investment banks before discovering that large enterprises were its primary market, a shift learned through direct customer conversations.

A separate aggregator estimate places current revenue at approximately $75 million to $80 million, though Sanwal's own on-record statement from 2023 places the figure at roughly $100 million ARR. The forward revenue trajectory was not discussed in specific terms.

Cbinsights Valuation, Funding Rounds

Cbinsights has not publicly disclosed its valuation. The company has raised $11.7M in total funding to date.

Cbinsights has raised $11.7M in total funding across 3 rounds, most recently a $10M Series A round in 2015.

Cbinsights Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2.5M$0.4$5M$0.6$7.5M$0.8$10M$1$12.5M20082009201020112012201320142015Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2015Series A$10M--crunchbase.comWatch[1]
2015Funding round$1.2M--ResearchWatch[1]
2011Funding round$500K--Not recorded

Founder / CEO

Anand Sanwal

CEO

Anand Sanwal is the CEO and co-founder of CB Insights. Before founding CB Insights, Sanwal was involved with an early internet-era company called Cosmo.com, which he described as having a business model of buying things for two dollars and selling them for one dollar, an experience he cited as instructive in what not to do.

Sanwal handled payroll by hand for the first four years of CB Insights, a practice he described as one of the worst decisions he made. He also sold the first several million dollars of CB Insights subscriptions personally. He has kept the company largely bootstrapped, raising only one known institutional round.

Board members Ryan Teksten and Kurt Reisenberg are confirmed at the company. Net worth was not discussed in the interview and no basis exists to estimate it from the transcript.

Q&A

QuestionAnswer
What's your age?45

Customers

CB Insights initially targeted venture capital firms and investment banks as its primary customers before pivoting to large enterprises, a shift Sanwal said was discovered only through extensive customer conversations. Startups were an early customer segment that Sanwal later moved away from, describing them as churning frequently, requiring significant support, and lacking budget, which he called the perfect SaaS hell.

Pricing details and current customer count were not discussed in the interview. Sanwal noted that early CB Insights pricing used themed plan names, including animal-branded tiers such as Doberman, Pitbull, and Chihuahua, and later a limo plan, which he described as a distraction that generated unproductive customer conversations. The company eventually moved away from that approach. Specific current pricing per seat or ARPU was not disclosed.

Cbinsights serves 500 customers.

Cbinsights Business Model

CB Insights operates on a subscription model, selling annual recurring revenue contracts primarily to large enterprise customers. The company's newsletter is a significant growth channel; Sanwal described it as pretty successful and advised against abandoning it in favor of newer formats such as video or audio platforms.

Sanwal shared a third-party anecdote during the 2023 presentation about a founder who was considering giving away 9 percent of his company for $170,000 in funding while carrying $150,000 in monthly or annual recurring revenue, which Sanwal cited as an example of poor equity management. This figure relates to a third party and is not a CB Insights metric.

Sanwal noted that CB Insights does not have a PR firm at the $100 million ARR level and suggested that a PR firm might make sense at $200 million to $500 million in ARR. Profitability, gross margin, churn rate, net revenue retention, CAC, LTV, and burn rate were not discussed in the interview.

In a 30-minute sales call, Sanwal described the ideal dynamic as the customer speaking for 20 to 25 minutes, with the founder asking questions rather than dominating the conversation. He also described a 30-day standard for new executive ramp time, expecting meaningful contribution within that window rather than a 90-day listening period. New hires are expected to make a decision about whether they can build a career at the company within the first 30 days of onboarding.

Cbinsights Employees & Team Size

CB Insights had 12 employees at a point when the company was running three simultaneous products, a period Sanwal described as unsustainable and one that required the team to pick a single focus. Current team size is estimated by third-party aggregators at approximately 271 employees, with wider estimates ranging from 250 to 500. Sanwal did not state a current headcount figure in the 2023 interview.

The company left a senior vice president of marketing role open for 15 months rather than hire under pressure, which Sanwal cited as an example of disciplined hiring. Team composition and departmental breakdown were not discussed in detail.

Cbinsights employs approximately 271 people as of 2026, down from 296 in 2024, including 72 sales reps that carry a quota. It serves 500 customers that rely on its solutions.

Cbinsights Team GrowthReported headcount over time · latest figure estimated0100200300400200820102012201420162018202020222024202600271271Source: GetLatka.com
YearMilestoneSource
2026Reached 271 employees (January 2026)pitchbook.comEstimated
2024Reached 296 employees (October 2024)Not recorded
2023Reached 368 employees (July 2023)Not recorded
2020Reached 330 employees (December 2020)Not recorded
2020Reached 324 employees (June 2020)Not recorded
2019Reached 284 employees (December 2019)Not recorded
2018Reached 212 employees (December 2018)Not recorded
2016Reached 104 employees (September 2016)Not recorded

Frequently Asked Questions about Cbinsights

What is Cbinsights's revenue?

As of 2026, Cbinsights generated an estimated $79.8M in annual revenue.

When was Cbinsights founded?

Cbinsights was founded in 2008.

Who is the CEO of Cbinsights?

The CEO of Cbinsights is Anand Sanwal.

How much funding does Cbinsights have?

Cbinsights raised $11.7M across 3 rounds.

How many employees does Cbinsights have?

As of 2026, Cbinsights had 271 employees.

Where is Cbinsights headquartered?

Cbinsights is headquartered in New York, New York, United States.

Compare Cbinsights to the industry

Full Interview Transcripts

Don't do these 68 things in your SaaS companyMar 17, 2023

Read the full interview and its transcript.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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