The complete guide to LinkedIn Matched Audiences. Learn why company lists outperform contact lists, how to segment for your buying committee, and the exact steps to upload your first list.
New to LinkedIn Ads?
List uploads are an advanced feature. If you haven't set up Campaign Manager yet, start with the basics:
Complete LinkedIn Ads Tutorial for Beginners →See exactly how to set up LinkedIn matched audiences step-by-step
Each template page has the exact headers LinkedIn uses, a free CSV download and a checklist for filling it in properly. No signup required.
For ABM and account targeting
Upload your target companies and layer with job title targeting for precision campaigns.
View the templateFor email-based targeting
Upload individual contacts for retargeting, exclusions, or lookalike seed audiences.
View the templateAuthor credentials: This guide is based on auditing 100+ LinkedIn ad accounts and managing over £2M in B2B ad spend. We've tested company vs contact lists across dozens of industries.
LinkedIn Matched Audiences let you upload your own data (company lists or contact lists) to create custom targeting audiences for your LinkedIn ad campaigns. Instead of relying on LinkedIn's native targeting options like job titles, industries, or company size, you can target specific companies or individuals you already know.
This is the foundation of Account-Based Marketing (ABM) on LinkedIn. Whether you're re-engaging lapsed prospects, warming up cold outbound targets, or excluding existing customers, Matched Audiences give you control over exactly who sees your ads.
Two types of Matched Audiences: Company lists (upload company names and domains) and Contact lists (upload individual emails). This guide covers both, and explains why we recommend one over the other.
Here's why most contact list uploads fail: LinkedIn users often sign up with personal emails, but your CRM has their work email. The result? Abysmal match rates and wasted ad spend.
We've seen match rates as low as 20-30% on contact lists, meaning 70-80% of your carefully curated prospects never see your ads. There's a better way.
After running LinkedIn Ads for dozens of B2B clients across manufacturing, IT services, and professional services, we've found that company list targeting consistently outperforms contact list uploads.
The key insight: when you upload a company list, you can then layer it with job title targeting to reach every decision-maker at that company, not just the one contact you happened to have in your CRM.
This tutorial walks you through everything, from downloading templates to running your first ABM campaign.
This is the core workflow for ABM campaigns on LinkedIn. Follow these steps to create a company-based Matched Audience, then layer with job titles for precision targeting.
300 rows to upload. 300 members to serve. Different things. LinkedIn's 300-row minimum is about the file you send. Your audience only goes live once LinkedIn has actually matched 300 members against it, and matching is never 100%. Upload more than the minimum so you clear the matched threshold with room to spare.
Where to Find Matched Audiences in LinkedIn
Campaign Manager → Plan → Audiences → Create audience → Upload a list. This is also where you'll find your processed audiences when they're ready to use.
Log into LinkedIn Campaign Manager. From the top navigation, click 'Plan' → 'Audiences'. This is where all your Matched Audiences live.
Make sure you're in the correct ad account if you manage multiple accounts.

The Audiences page under Plan in LinkedIn Campaign Manager
Click the 'Create audience' button, then select 'Upload a list' from the dropdown options.
You'll see options for both Company/Account and Contact uploads. Choose 'Company/Account'.

Click 'Create audience' then select 'Upload a list'
In the modal that appears, select 'Company/Account' as your list type. This tells LinkedIn you're uploading company data, not individual contacts.
Company lists have higher match rates than contact lists because LinkedIn matches against company profiles rather than individual email addresses.

Select 'Company/Account' for ABM targeting
Before uploading, click 'Download template' to get LinkedIn's official CSV format. This ensures your file has the correct column headers.
Changing or removing a header causes an upload error. Use LinkedIn's exact header names, shown in the table below.

LinkedIn's CSV template opened in Excel, ready to populate with your company data
Populate the template with your company list from your CRM. Include as many identifiers as possible, company name, website and LinkedIn URL for best results.
Export your target accounts from HubSpot, Salesforce, or your CRM as a CSV, then map fields to LinkedIn's template.
Return to Campaign Manager, upload your prepared CSV file, and give your audience a descriptive name (e.g., '2026 Q1 Target Accounts').
Double-check that LinkedIn correctly maps your columns during the upload preview.

Name your audience and upload your CSV file
LinkedIn takes up to 48 hours to process and match your list. You'll receive a notification when it's ready.
300 rows in your file does not mean 300 matched members. If your audience shows fewer than 300 matched members after processing, you'll need to add more companies or additional identifiers.
Once your company audience is ready, create a new campaign. Add your company list as the audience, then layer with specific job titles to reach decision-makers.
This is how you target only the relevant roles at your exact target companies, instead of everyone who works there.
LinkedIn needs at least one of companyname, companywebsite, companyemaildomain, linkedincompanypageurl or stocksymbol filled in on every row. These are the exact headers from LinkedIn's own template. Changing them will cause an upload error.
/company/acme/, not a long numeric ID. The numeric version matches less reliably.Important: 90-day expiry
A matched audience expires if it isn't used in an active or draft ad set within 90 days. The draft part is the useful bit most people miss, you don't need a live campaign spending money, just a draft ad set pointed at the audience. Set a reminder to refresh the list every 60-90 days regardless.
Want us to set up your LinkedIn targeting for you?
Whether you're re-engaging past prospects or targeting your dream accounts, company list targeting delivers consistent results. Here's how our clients use it.
Both approaches follow the same workflow: upload your company list, layer with job titles, and run strategic ad campaigns. The difference is in your intent and messaging.
Deals that went cold, companies that ghosted, prospects who weren't ready yet. They're all still on LinkedIn. Stay top-of-mind until they ARE ready to buy.
Real Result: One client reactivated 3 stalled deals worth $180K within 60 days of running lapsed prospect campaigns.
Build a list of your ideal accounts. Companies you'd love to work with. Then run ABM campaigns to get on their radar before your sales team reaches out.
ABM Insight: Prospects who've seen your ads 3+ times are 2-3x more likely to respond to sales outreach. Familiarity breeds trust.
Start with Lapsed Prospects if:
Start with Dream Companies if:
Ready to build your company targeting strategy?
Take the Free LinkedIn AssessmentFor our clients, we take their company list and segment it by the job titles they actually transact with. This is the key to precision ABM on LinkedIn.
Get super specific and do the due diligence on those job titles. The more accurately you identify the roles that sign contracts, the better your results will be.
Once your company list is processed and ready (allow 24-48 hours), here's exactly how to combine it with job title targeting when creating your campaign:
In Campaign Manager, click 'Create Campaign' and choose your objective (usually Website Visits or Lead Gen).
Under 'Who is your target audience?', click 'Audiences' and select your uploaded company list from the dropdown.
Stay in the same audience section. Under 'Narrow audience further', add Job Titles. Type the specific titles you sell to.
Check the forecasted audience size on the right. You want at least 1,000 members for reliable delivery. If too small, broaden titles.
Use 'Exclude' to remove roles you don't want, like interns, students, or unrelated seniority levels.
Even if you only have one contact per company in your CRM, you can now reach ALL relevant decision-makers at that company. The whole buying committee.
Company domains match reliably. You're not dependent on having the exact email address someone used to sign up for LinkedIn years ago.
You can't help but get results with such targeted campaigns. You're only spending money on the exact people who can buy from you at the exact companies you want.
Here are examples of job titles our clients target in different industries. Your specific titles will depend on your product/service and who signs contracts.
Why these roles? These roles make purchasing decisions for equipment, services, and technology
Why these roles? Decision-makers for software, cloud services, and technology purchases
Why these roles? Key stakeholders who approve vendor relationships and major purchases
Before launching, audit your CRM to identify the job titles that actually sign contracts with you. Don't guess – look at your closed-won deals from the past 12 months and identify patterns.
Ready to target your dream companies with sharper precision?
While contact list uploads can work, they often underperform due to email mismatch issues. People use personal emails on LinkedIn but work emails in your CRM. We recommend company list targeting as your primary strategy, with contact lists as a supplementary tactic for specific use cases.
Contact list uploads work best when you have verified LinkedIn email addresses or when you need to target (or exclude) specific individuals for account-based marketing.
The process is similar to company lists, but with different data requirements and expectations.
Despite the email matching challenges, contact lists are valuable for these specific use cases:
People who registered with their professional email for your webinar, conference, or trade show. These often have better match rates.
Upload your customer list to exclude them from acquisition campaigns. Even partial matches help reduce wasted spend.
Target demo requesters, trial users, or proposal recipients for conversion campaigns. Worth the effort for high-intent contacts.
Upload your best customers to create lookalike audiences. LinkedIn finds similar profiles even with partial matches.
Campaign Manager → Plan → Audiences → Create audience → Upload a list
Choose 'Contact' (not Company/Account) and download the template
Populate with email addresses. Include first name, last name, and company as backup identifiers
Upload your file, give it a descriptive name, and agree to terms
Allow 24-48 hours for matching. You'll be notified when ready
Expect Lower Match Rates
Contact list match rates typically range from 30-60%, compared to 70-90% for company lists. Upload 10,000+ contacts to ensure you hit LinkedIn's 300 matched member minimum.
LinkedIn supports pre-hashed emails for organisations with strict privacy requirements. This means you never share raw email addresses with LinkedIn, only encrypted hashes.
Before hashing: john@company.com
After SHA-256: a5f8c6d2e4b3a1c0...
How to hash: Lowercase the email, trim whitespace, then apply SHA-256 encoding. LinkedIn's template includes detailed instructions, and most marketing platforms can export pre-hashed lists.
Ensure you have proper consent to use contact data for advertising purposes. Review your privacy policy and local data protection regulations (GDPR, CCPA, etc.) before uploading contact lists. LinkedIn also requires you to agree to their terms during upload.
Not sure which approach is right for your business?
Running into problems? Here are the most common issues and how to fix them.
Stop wasting ad spend on broad audiences. Get strategic with company targeting and reach the exact decision-makers who can buy from you.
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