VC Intel Provider CB Insights Said to Weigh $800 Million Sale

CB Insights, a provider of market intelligence on venture capital firms and startups, is exploring a potential sale, according to people familiar with the matter.

The New York-based company, officially called CB Information Services Inc., has been interviewing investment banks to work with on a sales process, said the people, who asked to not be identified because the matter isn’t public.

It could seek as much as $800 million, or 10 times its expected $80 million in annual revenue in 2023, the people said. The company could appeal to private equity firms and industry players such as Morningstar Inc ...