What is Coefficient?
Founded in 2017 and headquartered in Mountain View, California, Coefficient operates at the intersection of data infrastructure and end-user productivity. The company provides a sophisticated no-code platform designed to connect disparate enterprise data sources directly into spreadsheets. This functionality allows organizations to automate reporting workflows, eliminate manual data entry, and ensure that business intelligence remains accurate and up-to-date in real-time.
In an era where data-driven decision-making is paramount, Coefficient addresses the critical friction point of data accessibility. By transforming spreadsheets into dynamic, live-linked dashboards, the company empowers teams to accelerate their time-to-insight, thereby enhancing operational agility across various departments, from finance to sales operations.
How much funding has Coefficient raised?
Coefficient has raised a total of $24.7M across 2 funding rounds:
Angel/Seed
$6.7M
Series A
$18M
Angel/Seed (2021): $6.7M with participation from Kedar Doshi, S28 Capital, Eric Yuan, Foundation Capital, and Einstein Analytics
Series A (2022): $18M led by Battery Ventures, Foundation Capital, and S28 Capital
Key Investors in Coefficient
Battery Ventures
Battery Ventures is a global investment firm that partners with exceptional founders developing category-defining businesses in software, enterprise infrastructure, and industrial technology.
Foundation Capital
Foundation Capital is a venture capital firm that supports bold founders building transformative technology companies from the earliest stages through long-term growth.
S28 Capital
S28 Capital is a San Francisco-based venture fund led by experienced operators dedicated to supporting the next generation of founders in scaling their startups.
What's next for Coefficient?
With the infusion of capital from its latest financing round, Coefficient is well-positioned to accelerate its product roadmap and expand its market footprint. The company is expected to focus on deepening its integration ecosystem, potentially adding support for more complex enterprise platforms and enhancing its collaborative features. As the demand for self-service analytics continues to rise, Coefficient's strategic focus will likely remain on scaling its infrastructure to support larger enterprise clients while maintaining the ease-of-use that defined its initial growth phase. The firm's ability to maintain its momentum will be contingent on its capacity to navigate the competitive landscape of business intelligence and data automation software.
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