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Label Insight raises $21M

By TechTaffy Desk

Data science company Label Insight has raised $21 million in a Series C funding round led by Delta-v Capital, alongside River Cities Capital Funds.

Label Insight generates 17,000 attributes – such as nutrients and allergens – for food products. These attributes serve as building blocks for a live view of data from more than 17,000 brands, totaling 80 percent of U.S. retail food and beverage sales volume, says the company.

David Schaller, managing partner at Delta-v, will join the Label Insight board of directors.

[Image courtesy: Label Insight]

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