Estonian lead generation platform Leadfinder ceases operations

Estonian lead generation platform Leadfinder has ceased operations.

Three months ago, the company announced a strategic change and started focusing on B2B lead generation in Germany. But eventually, the startup's management decided to close the business. Termination of operations refers to a lack of customers, which the company explains as effects of the COVID-19 pandemic and the war in Ukraine.

Founded in Tallinn in 2020 by Rainer Aunpu and Markus Mihkel Kaljuste, Leadfinder helps businesses with B2B sales and marketing. The company's technology allows users to extract emails and contacts from B2B social media profiles, and find potential customers or clients based on job title, location, country, industry, and company size. The lead verification system also filters out invalid leads.

Additionally, Leadfinder provides access to daily registered domains with lead information and can export leads directly to Excel with business data.