$70m Funding for Research Tech Platform dscout

In the US, research platform dscout has raised $70m in a Series C round of funding, for use in market expansion, continued technology and product development, and hiring initiatives. At the same time the firm has announced the appointment to its Board of former Lucid President Brett Schnittlich.

The platform gives users tools and services to recruit for and conduct moderated and unmoderated research and analysis, producing insights to inform the product innovation process. Individuals, knowns as 'scouts', participate in research, get paid for their feedback, and help shape products and services.

New funding has been led by Guidepost Growth Equity, whose General Partner Chris Cavanagh will join the dscout Board, along with Schnittlich, who is a Board member of Guidepost portfolio company, Lucid, recently acquired by sample management platform Cint for $1.1 billion.

Michael Winnick (pictured), dscout founder and CEO, comments: 'Guidepost is a true partner to dscout, pulling from their deep experience scaling innovative platforms, particularly in the broader research technology space. With both Chris and Brett joining the board, we gain not just financial support, but industry and operational expertise that will influence how our product and business can continue to harness technology to bring deep insight into organizations with unprecedented speed and scale'.

Web site: www.dscout.com .