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Causal - About the company

Causal is an acquired company based in London (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 757 active competitors, including 110 funded and 48 that have exited. Its top competitors include companies like Anaplan, Vena Marketing and Pigment.

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
Stage
Acquired
Total Funding
$25.9M in 2 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
£0 - £1M as on Jan 31, 2021
Employee Count
33 as on May 31, 2026
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 9 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
6655404
Series A
6558775
2345432
1531147
9102089
Mar 23, 2021
2572266
Seed
9201634
1654361
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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 33 employees as of May 26. 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, Vena Marketing and Pigment. 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 Vena Marketing
Vena Marketing
2011, Toronto (Canada), Series C
Provider of financial planning and analysis platform for business performance
$385M
73/100
3rd
Logo for Pigment
Pigment
2019, Paris (France), Series D
Business planning and project management platform for businesses
$397M
73/100
4th
Logo for Datarails
Datarails
2015, New York City (United States), Series C
Developer of financial planning and analysis software for spreadsheet users
$175M
71/100
5th
Logo for Banyan
Banyan
2013, Holmdel (United States), Acquired
Provider of a platform for receipt data to power commerce innovation
$54.5M
70/100
6th
Logo for Kontist
Kontist
2016, Berlin (Germany), Acquired
Digital bank for freelancers and self-employed
$46.7M
64/100
7th
Logo for Condor
Condor
2003, San Diego (United States), Series A
Software-based financial management platform for clinical industries
$36M
59/100
8th
Logo for Runway
Runway
2018, Los Angeles (United States), Series E
Online financial planning and management services for businesses
$887M
59/100
9th
Logo for Scaleup Finance
Scaleup Finance
2021, Copenhagen (Denmark), Seed
Financial management and virtual CFO platform for businesses
$20M
59/100
10th
Logo for Inscope
Inscope
2023, San Francisco (United States), Series A
Financial management platform for businesses
$18.8M
59/100
37th
Logo for Causal
Causal
2019, London (United Kingdom), Acquired
Provider of cloud platform for financial consolidation, planning, and reporting
$25.9M
48/100
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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 Chronicle•Dec 06, 2024•DLA Piper, Lucanet, Causal
•
Accel leads seed round for CausalVCJ•Apr 21, 2021•Causal, Accel, Coatue, Passion Capital and 1 other
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FAQs about Causal

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