Leadbay, a startup focused on qualifying digitally scarce SMB leads, announced that it raised a $4.3 million seed round. The company said it is building systems designed to identify and qualify businesses that are often missed by traditional sales intelligence and prospecting platforms.
According to the announcement from co-founder and CEO Ludovic Granger, the company spent two years developing technology to qualify businesses such as plumbers, hairdressers, hotels, restaurants, and other companies that lack the digital signals typically relied on by platforms like Sales Navigator, Clay, and ZoomInfo.
Leadbay said that most existing systems focus on the small percentage of companies generating strong online signals through activities such as hiring, expansion, or fundraising, while the remaining businesses are largely overlooked despite representing a significant portion of the economy.
The company noted that in August 2025, Y Combinator CEO Garry Tan encouraged the founders to expand into the U.S. market after reviewing the company’s growth trajectory and market opportunity. Leadbay subsequently began working with enterprise customers including L’Oréal, Saint-Gobain, Deel, Gerflor USA, and Corgi.
Leadbay said its platform helped customers expand their addressable market by three times and increase the supply of qualified leads by ten times compared to previous prospecting approaches.
The company also highlighted customer feedback, claiming that teams were able to find qualified prospects within minutes using Leadbay, compared to months spent using traditional GTM agencies and prospecting tools.
Leadbay plans to continue expanding distribution efforts in both France and the United States following the funding round announcement.
KEY QUOTES:
“AI is accelerating people’s lives. And Leadbay is transforming what the life of a sales rep looks like.”
Ludovic Granger, Co-founder & CEO, Leadbay
“We looked at your growth. What you developed at Leadbay serves enterprise teams prospecting SMBs. SMBs represent 40% of U.S. GDP, and nobody can help them. It’s a blue ocean and a billion-dollar market. Come to San Francisco and launch it in the U.S.”
Garry Tan, CEO, Y Combinator (August 2025)
“We found in 10 minutes on Leadbay what we couldn’t find in 6 months with Clay and a GTM agency.”
Leadbay Customer Quote
