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Causal - About the company

Causal is an acquired company based in St Albans (United Kingdom), founded in 2019 by Taimur Abdaal and Lukas Kobis. It operates as a Provider of cloud platform for financial consolidation, planning, and reporting. Causal has raised $25.9M in funding from Accel and Coatue. The company has 800 active competitors, including 127 funded and 46 that have exited. Its top competitors include companies like Anaplan, Pigment and Vena Marketing.

Company Details

Provider of cloud platform for financial consolidation, planning, and reporting. The platform offers solutions for extended planning and analysis, disclosure management, and tax compliance. It also supports lease accounting, banking, and cash management. The platform aims to streamline financial management with automation and integrated processes.
Social
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Email ID
*****@causal.app
Registered Address
85 GREAT PORTLAND STREET,GREAT PORTLAND STREET,LONDON,ENGLAND,W1W 7LT
Key Metrics
Founded Year
2019
Location
St Albans, United Kingdom
Stage
Acquired
Total Funding
$25.9M in 2 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
£27.2K as on Jan 31, 2021
Employee Count
716 as on Nov 04, 2025
Similar Companies
Exit Details
Acquired by Lucanet (Nov 01, 2024)

Causal's acquisition details

Causal got acquired by Lucanet on Nov 01, 2024.
Click here to take a look at Causal's acquisition in detail
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Causal's funding and investors

Causal has raised a total funding of $25.9M over 2 rounds. Its first funding round was on Mar 23, 2021. Its latest funding round was a Series A round on Mar 25, 2022 for $*****. 8 investors participated in its latest round. Causal has 8 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of Causal:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 25, 2022
1369140
Series A
3406508
8838339
6059479
3642232
Mar 23, 2021
3838345
Seed
5141207
8789127
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Causal's founders and board of directors

Founder? Claim Profile
The founders of Causal are Taimur Abdaal and Lukas Kobis.
Here are the details of Causal's key team members:

Causal's employee count trend

Causal has 716 employees as of Nov 25. Here is Causal's employee count trend over the years:
Employee count trend for Causal
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Causal's Competitors and alternates

Top competitors of Causal include Anaplan, Pigment and Vena Marketing. Here is the list of Top 10 competitors of Causal, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Anaplan
Anaplan
2006, San Francisco (United States), Acquired
Provider of cloud-based platform for scenario planning, analysis, and reporting
$300M
77/100
2nd
Logo for Pigment
Pigment
2019, Paris (France), Series D
Business planning and project management platform for businesses
$397M
73/100
3rd
Logo for Vena Marketing
Vena Marketing
2011, Toronto (Canada), Series C
Provider of financial planning and analysis platform for business performance
$385M
72/100
4th
Logo for DataRails
DataRails
2015, Rishon Lezion (Israel), Series C
Cloud-based financial planning and analytics solutions for businesses
$175M
70/100
5th
Logo for Planful
Planful
2000, Redwood City (United States), Acquired
Cloud-based financial planning & advisory solutions for businesses
$71.6M
68/100
6th
Logo for Banyan
Banyan
2013, Holmdel (United States), Acquired
Provider of a platform for receipt data to power commerce innovation
$54.5M
67/100
7th
Logo for Kontist
Kontist
2016, Berlin (Germany), Acquired
Digital bank for freelancers and self-employed
$46.7M
67/100
8th
Logo for Tanso
Tanso
2020, Munich (Germany), Series A
Provider of sustainability software for CO2 accounting and CSRD reporting
$22.9M
62/100
9th
Logo for Puzzle
Puzzle
2019, San Francisco (United States), Series B
Data management and accounting software for startups
$66.5M
61/100
10th
Logo for Statement
Statement
2022, New York City (United States), Acquired
Software-based platform for financial planning and analytics solutions
$12M
61/100
38th
Logo for Causal
Causal
2019, St Albans (United Kingdom), Acquired
Provider of cloud platform for financial consolidation, planning, and reporting
$25.9M
49/100
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Causal's Investments and acquisitions

Causal has made no investments or acquisitions yet.

Reports related to Causal

Here is the latest report on Causal's sector:

News related to Causal

Lucanet’s Acquisition of CausalGlobal Legal ChronicleDec 06, 2024DLA Piper, Lucanet, Causal
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FAQs about Causal

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