When was Coconut founded?

Coconut was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Coconut located?

Coconut is headquartered in London, United Kingdom. It is registered at 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX.

Which legal entities is Coconut associated with?

Coconut is associated with COCONUT PLATFORM LTD.

How many employees does Coconut have?

As of May 31, 2026, the latest employee count at Coconut is 150.

Is Coconut a funded company?

Coconut is a funded company, having raised a total of $7.88M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2017.

How much is Coconut worth?

The latest valuation of Coconut is £***** as of Nov 30, 2021.

When was the latest funding round of Coconut?

Coconut's latest funding was a $***** Series A round on Nov 23, 2022, with participation from 1 investor.

Where does Coconut rank among its competitors?

Coconut ranks 9th amongst 155 active competitors, of which 29 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Collective, which secured $71M in May, 2025.

Who are the top competitors of Coconut?

Coconut's top competitors include Wave, Collective and Accountable. Among them, Collective secured the most recent funding round in May, 2025.

Coconut - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Online accounting platform for freelancing traders. It offers a finance management software solution with features such as invoice management, expense management, accounting, notification management, income tracking, and more. It is a tool available on the subscription based pricing model.

Website: www.getcoconut.com/
Social
Registered Address: 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX

Key Metrics

Founded Year

2016

Location

London, United Kingdom

Stage

Series A

Total Funding

$7.88M in 5 rounds

Latest Funding Round

Series A, Nov 23, 2022, $*****

Post Money Valuation

£***** as on Nov 30, 2021

Investors

Love Capital & 113 more

Ranked

9^th among 155 active competitors

Employee Count

150 as on May 31, 2026

Similar Companies

Wave & 189 more

View Coconut's full profile

Coconut is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
COCONUT PLATFORM LTD CIN: 09904418 , United Kingdom, Active	Dec 06, 2015	-	18 (As on Jan 31, 2021)

Coconut has raised a total funding of $7.88M over 5 rounds. Its first funding round was on 2017. Its latest funding round was a Series A round on Nov 23, 2022 for $*****. 1 investor participated in its latest round. Coconut has 25 institutional investors and 89 angel investors.

Here is the list of recent funding rounds of Coconut:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 23, 2022	3167502	Series A	7412198	8600193	5135578	8342242
Jul 04, 2021	4632746	Series A	7848818	6481735	3016534	6729880
Jul 09, 2020	1888541	Series A	1682939	8915748	6053115	9187353

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View details of Coconut's funding rounds and investors

The founders of Coconut are Samuel O'Connor and Adam Goodall.

Here are the details of Coconut's key team members:

Samuel O'Connor: Co-Founder & CEO of Coconut. They serve on the board of 1 company.
Adam Goodall: Co-Founder of Coconut. They serve on the board of 1 company.

Coconut's Board of Directors

Coconut's board has 3 active members. Samuel O'Connor and Adam Goodall are part of team and Charles Briand is independent board member.

Here is the list of Coconut's board of directors:

Name	Type	Representing	Status	Duration
Samuel O'Connor	Team	-	Current	10y 0m
Adam Goodall	Team	-	Current	10y 7m
Charles Briand	Independent board member	-	Current	6y 1m
otipsof	Independent board member	-	Past	5y 8m

View details of Coconut's Founder profiles and Board Members

Coconut's employee count trend

Coconut has 150 employees as of May 26. Here is Coconut's employee count trend over the years:

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Top competitors of Coconut include Wave, Collective and Accountable. Here is the list of Top 10 competitors of Coconut, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wave 2010, Toronto (Canada), Acquired	Web-based accounting software for businesses	$82.4M	CRV, BDC & 20 others	74/100
2nd	Collective 2018, San Francisco (United States), Series C	Cloud-based back-office platform for self-employed and businesses	$150M	General Catalyst, QED Investors & 35 others	71/100
3rd	Accountable 2017, Brussels (Belgium), Series A	App-based accounting management solutions for freelancers	$12.9M	Connect Ventures, Stride & 4 others	70/100
4th	FreshBooks 2003, Toronto (Canada), Series E	Provider of accounting software for invoicing, billing, payments, and payroll	$154M	Georgian, Oak Investment Partners & 19 others	61/100
5th	Indy 2010, Lyon (France), Series C	Cloud-based accounting software for freelancers	$98.9M	BlackFin, Singular & 7 others	59/100
6th	Heru 2019, Mexico City (Mexico), Seed	Mobile-based application for taxation	$7.7M	Mountain Nazca, Gradient Ventures & 13 others	55/100
7th	Tofu 2022, Redwood City (United States), Unfunded	App-based diversified accounting solutions for self-employed	-	-	52/100
8th	Invoice Simple 2014, Vancouver (Canada), Acquired	Online invoicing software	-	-	49/100
9th	Coconut 2016, London (United Kingdom), Series A	Online accounting platform for freelancing traders	$7.88M	Love Capital, EVinvest & 112 others	43/100
10th	Bookipi 2017, Sydney (Australia), Seed	Cloud-based invoicing solution for small businesses	$1.6M	OIF Ventures, TEN13	48/100