Why our opinion matters - we are currently running cold email campaigns for
9 Spanish clients
170K+ companies
260K+ contacts in our database

The problem with B2B data providers

If you run cold email at any real volume, you've hit the same wall we did: no single provider finds every email. Coverage varies by geography, industry, and company size. Data goes stale. And about 40% of B2B domains are catch-all, meaning a standard SMTP check tells you nothing about whether the address is real.

That's why we built a multi-provider email waterfall - a pipeline that tries multiple tools in sequence until it finds a verified email. The question was always: which provider goes first?

You'd think the answer is "cheapest" or "fastest". But we ended up choosing Prospeo for a different reason: it's the only tool that covers three stages of our pipeline in one integration - company search, contact search, and email verification.

0% hard bounces on first campaign <1% hard bounce rate since

How Prospeo fits into our campaign workflow

Every new client engagement starts the same way: map the Total Addressable Market, find decision-makers, get verified emails, then personalize and send. Here's our pipeline with Prospeo's touchpoints highlighted:

Prospeo Map the TAM Search Company API
Prospeo Source contacts Search Person - 200M+
Prospeo Find emails Primary in waterfall
Prospeo Verify Triple verification
Prospeo Personalize Rich data for copy
Send Smartlead

Every step is automated via Claude Code + MCP servers. Zero manual data entry.

Five of six stages run through Prospeo. That consolidation matters when you're processing thousands of contacts per client - fewer integrations, fewer failure points, one set of API credentials.

TAM building: why we put Prospeo first, Apollo second

When Prospeo launched V2, it went from being just an email finder to a full B2B database - a direct rival to Apollo for prospecting. Two APIs made the difference:

Search Company

  • 30M+ companies
  • Tech stack, funding, headcount, industry
  • Map a client's full TAM from scratch

Search Person

  • 200M+ contacts, 30+ filters
  • Seniority, department, location, tech stack
  • 7-day refresh on high-priority profiles

Here's how the two databases compare side by side:

ApolloApollo
Total contacts 280M+ 230M+
Companies 30M+ 30M+
Verified emails 143M Not disclosed
Data refresh Weekly (7 days) Not disclosed
Email verification Triple-verified (SMTP + send-outcome + BounceBan) Verified
Mobile numbers ~30% pickup rate, 80% from real email signatures & CRMs, 10 credits/number ~55% number accuracy, 2M+ data contributors, 8 credits/number
Credits for misses 0 (free) Not disclosed
Lifetime dedup Yes (re-enrich = free forever) Not disclosed
Accuracy benchmark #1 in Clay's test (80.81%) Not ranked #1
Built-in sequencer No (data-only focus) Yes
Users 40K+ 600K+

Prospeo and Apollo stats from their respective websites as of April 2026. "Not disclosed" means the information isn't publicly stated - not that the feature doesn't exist.

We still use Apollo for coverage - the goal is maximum TAM reach, so we run both and deduplicate by LinkedIn URL. But Prospeo goes first because the data is fresher (7-day refresh vs weeks/months) and the API is cleaner to work with programmatically.

Email waterfall: head-to-head with LeadMagic

We tested ~2,000 contacts across multiple Spanish industries - same contacts sent to both Prospeo and LeadMagic to make the comparison fair. Here's what we found:

Spain
Prospeo
LeadMagic
~5% more emails
UK
Prospeo 69%
LM 25%
2.76x better
US
Prospeo 59%
LM 50%
18% more

Prospeo came out ahead in every market we tested - marginally in Spain, dramatically in the UK. Here's the full side-by-side for email finding specifically:

LeadMagicLeadMagic
Approach Database-first (280M+ contacts, search & enrich) Verification-first (real-time lookup, no browsable database)
Email accuracy 98% claimed 97% claimed (99.5% in own benchmark)
Verification method SMTP + send-outcome data + BounceBan Syntax, DNS, SMTP, mailbox, risk-score
Our head-to-head (Spain) ~5% more emails found Baseline
Our head-to-head (UK) 69% find rate (2.76x) 25% find rate
Credits for misses 0 (free) 0 (pay per valid result)
Credit rollover No (reset each cycle) Yes (unlimited rollover)
Mobile numbers 10 credits/number 5 credits/number
Pricing From $49/mo (2,000 credits, per user) From $59.99/mo (2,500 credits, unlimited users)
Scope Full prospecting database + email finding + company enrichment Email finding + enrichment API (12 endpoints)

Prospeo and LeadMagic stats from their respective websites and our own testing. Head-to-head results from ~2,000 contacts across Spanish industries.

The emails Prospeo finds are clean: our first campaign using Prospeo-sourced emails had a 0% hard bounce rate. I genuinely couldn't believe it. Since then it's run at about 0.7% across all campaigns - well under the 2% threshold that gets you in trouble.

The economics help too. Prospeo charges 0 credits for misses (you only pay when it actually finds an email) and has lifetime deduplication - re-enriching the same contact costs nothing. When you're running thousands of lookups per client, that adds up fast. LeadMagic also charges 0 for misses, which is great - but it doesn't have the prospecting database or lifetime dedup that Prospeo offers.

Triple verification: why their bounce rates are so low

Most email finders do a single SMTP check - "does this mailbox exist?" - and call it verified. Prospeo goes three levels deep:

1
SMTP Check

Does this mailbox exist on the server?

2
Send-Outcome Data

Do emails to this address actually land? Prospeo uses anonymized delivery data from partner sending networks - not just "does it exist" but "does it work."

3
BounceBan Filtering

Catch-all domains and spam traps are actively identified and stripped before you ever see them.

The result is ~98% deliverability on verified emails. That's not a marketing claim - it tracks with what we've seen in our own campaigns. When your email finder says "valid", you need to trust it, because a 3%+ bounce rate will tank your domain reputation. With Prospeo, we trust it.

Why API access is a deciding factor

This is the part that might not matter to everyone, but for us it's become essential.

Our entire pipeline runs on Claude Code with MCP (Model Context Protocol) servers. Every tool in our stack - Prospeo, Apollo, Supabase, Smartlead - is accessed programmatically. No clicking through UIs, no CSV exports, no manual data entry. The pipeline looks like this:

Claude Code MCP Servers Prospeo / Apollo / Smartlead APIs Supabase

Good API access is now table stakes for any tool in our stack. Prospeo, Apollo, and LeadMagic all have solid APIs - which is exactly why they're the tools we use. If you don't have a proper API, you don't get into our workflow.

A startup called me this week with an interesting contact sourcing product. New methods, clever approach. But they didn't have API access. I told them to come back when they do - it would be too slow and wouldn't fit our workflows.

This is also why we've moved away from Clay for most workflows. Clay used to be central to how we operated, but their API access has gotten weaker over time, and for an agency that automates everything, that's a dealbreaker.

Sales Navigator and Clay both have excellent databases - arguably the best in the industry for prospecting. The problem isn't the data, it's getting it out programmatically:

Sourcing via API LinkedInSales Nav ClayClay
Database 1.2B+ profiles (the largest professional network) 100-150+ providers aggregated (incl. Apollo, ZoomInfo, Clearbit) 280M+ contacts, 30M+ companies
Search companies No API access No public API Yes - full filters via REST API
Search contacts No API - 2,500 result cap in UI No public API Yes - 200M+ contacts, 30+ filters via API
Company firmographics No API export Via third-party providers (extra credits) Yes - 50+ fields, tech stack, funding
Bulk export No bulk access 25 records/webhook, 10/sec limit 50 records/request

Sales Nav API restrictions from Evaboot. Clay API info from Clay University.

Prospeo's REST API is clean and well-documented, which made it easy to build our own MCP server on top of it. Key specs that matter for automation:

Full REST API with bulk endpoints 50 records per request
0 credits for misses Safe to automate aggressively - no wasted spend on failures
5 req/sec rate limit PRO plan - fast enough for scale, won't overwhelm your pipeline
#1 accuracy in Clay's independent test 80.81% email match across 4,000+ contacts, beating 7 other providers

The bottom line

We made Prospeo our primary tool in late January 2026. Since then it's been the first stop in our TAM building, the first provider in our email waterfall, and the backbone of our Claude Code automation.

Jan 2026 Primary since late January
0.7% Hard bounce rate since
3-in-1 TAM + contacts + emails

It's not just an email finder. It's company search, contact search, and verified emails - all through one API. For agencies running cold email at scale, especially if you're building automations with AI tools like Claude Code, the combination of data quality, economics (0 credits for misses), and API access makes it a straightforward choice.

Want to try it? We asked the Prospeo team if they'd offer something for readers of this article, and they were happy to. Use code A3LEXN at Prospeo.io for 20% off your first 3 months.