The KPMG-backed consumer goods product data platform raised the series C capital to expand its data science team and fund product development.

Label Insight, a US-based consumer goods product data software developer backed by consulting firm KPMG, has raised $21m in a series C round led by growth and private equity firm Delta-v Capital.

Growth equity firm River Cities Capital Funds also participated in the round, which increased the company’s overall funding to approximately $34m, according to press releases and regulatory filings.

Label Insight’s platform uses machine learning and data science to capture product information on more than 80% of food, pet…

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